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ToolsGroup Names David Barton General Manager of North America

ToolsGroup

BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America.

Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. weather, social media).

How to Make Supply Chain Complexity Work to Your Advantage

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With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. Amazon sells more than 3 billion products through 11 different country marketplaces globally. In the U.S.

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The Absolut Company: Balancing Service and Inventory Creates a Delicious Mix

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The world’s #2 selling vodka brand leaves nothing to chance when it comes to quality and sustainability. Here’s how they teamed up with ToolsGroup partner Optilon for a seamless supply chain planning process.

Buyer's Guide for Supply Chain Network Design Software

Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supply chain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours. This Buyer’s Guide helps you find easy-to-use technology to become more proactive and less reactive when it comes to network design and optimization.

Another Way to Think About Supply Chain Risk Management

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In a previous blog we described a new concept introduced by Gartner Research about the need for both macro-agility and micro-agility. Now we apply this same macro-agility and micro-agility concept to risk management.

Which supply chain planning processes should we automate?

ToolsGroup

Now that more companies are embracing supply chain planning productivity and automation, many firms are asking which processes they should automate. Let's first address that question and then look at where this trend is heading in the future.

A Different Solution to the Supply Chain Talent Shortage

ToolsGroup

“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Why is it happening?

ToolsGroup to Showcase Service-Driven Supply Chain Planning at Gartner Supply Chain Executive Conference 2019

ToolsGroup

American Tire Distributors (ATD) to Highlight How It Worked with ToolsGroup to Tackle Forecasting and Inventory Challenges with S&OP.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

When a business finds itself in a declining market, failing to stay in lock step with customer demand poses an existential threat. Trends and other market forces that impact commercial opportunities need to appear on the planning radar.

The 2018 Supply Chain Software Buyer's Guide

Learn which supply chain applications are the best for your organization.

Demand Planning Apps Top Supply Chain Planning Machine Learning

ToolsGroup

Source: Gartner 2018. Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list.

The Three “Habits” for Successful IoT Implementations

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Editor’s note: Due to the upcoming holidays, this will be our last blog for 2018. The next posting will be on January 8 th , 2019.

Supply Chain Planning in Emerging Markets: Four Points to Remember

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Supply chain planning in emerging markets is different. And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Here’s what we found: 1.

ToolsGroup to Take the Stage with Lennox at American Supply Chain Summit

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Lennox to Highlight How It Worked with ToolsGroup to Transform to Service-Driven Supply Chain Planning.

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Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

Should You Outsource Demand Planning?

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Outsourcing non-core business processes has been a time-tested way to cut costs while improving performance. Initially companies focused on functions like Finance and HR.

Gartner Questions Supply Chain “Control Towers”

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Gartner says that future supply chain planning will look less like a "control tower" and more like a refinery "control room'" with many value-added analytics that automate, guide and control the supply chain.

Mid-market companies leapfrogging supply chain planning maturity stages

ToolsGroup

Is the latest technology enabling some mid-market companies to leapfrog supply chain planning (SCP) stages of maturity? The evidence suggests that it is. Publicly, analysts are still cautioning mid-market companies not to aim too high.

Probabilistic Forecasting - a Primer

ToolsGroup

An experienced gambler might hedge their bet on multiple outcomes, rather than just the most likely "single number forecast". At ToolsGroup we have been big advocates of probabilistic forecasting (sometimes also known as stochastic forecasting).

Navigating the Road to Successful Automation - A Process Driven Approach

Speaker: Jon Leposky, Director of Operations and Logistics, Z Customization

Automation can be an incredibly powerful tool to lower costs, increase capabilities, and enable scaling. However the road to implementing automation can be long and challenging even when all the proper steps are taken. Being equipped with the proper tools and knowledge of common pitfalls when implementing automation can make the difference between a show stopping disaster and seamless success.

The Nine Top Supply Chain Planning User Concerns

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Gartner’s most recent Magic Quadrant for Supply Chain Planning System of Record (21 August 2018, Amber Salley, Tim Payne, and Alex Pradha) calls out the concerns most often cited by users.

Can S&OP become more continuous? Automation is key.

ToolsGroup

Sales and Operations Planning (S&OP), a process often focused around a monthly meeting, is evolving into a more continuous process. A recent whitepaper by supply chain planning and optimization firm Optilon explains why and how.

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Supply Chain Planning for Direct-To-Consumer

ToolsGroup

Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., eyeglass brand Warby Parker or mattress seller Casper) and much larger consumer goods incumbents, but the planning challenges are different depending on which type of company you are.

Gartner’s Top Ten User-Rated Supply Chain Planning Capabilities

ToolsGroup

Gartner Research recently released its new Magic Quadrant for Supply Chain Planning System of Record (SCP SOR) in which 485 user companies identified their top ten rated planning capabilities for delivering SCP goals.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Overcoming a shortage of supply chain talent

ToolsGroup

Editor’s note: There will be no blog post next week due to summer holidays. There is a shortage of supply chain talent. Supply Chain Insights reports that more than half of all companies are seeing an increase in employee turnover and experiencing unfilled job openings.

Decoding the language of S&OP

ToolsGroup

Since demand forecasting has developed many “personalities” over the decades, I recently wrote a blog that “decoded” the language of demand.

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Why the Forecast for Supply Chain Planning has been Only Partly Cloudy

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Cloud-based supply chain planning is gaining traction. Each year more users opt for cloud-based systems and there is a lot of support in the analyst community.

Four ways Inventory Optimization can address tighter supply constraints

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As the (U.S.) economic expansion enters its ninth year, supply constraints are showing up in supply chains.

Parts Town: An O2C Journey from Manual Processing to Digital Transformation

Speaker: Sarah Gibson, Platinum Operations Manager

The order-to-cash (O2C) process is often considered the lifeblood of an organization. It’s why so many business leaders are looking to next generation of O2C solutions to unlock value across their enterprise — value that’s necessary to remain competitive. Join us for an educational webinar with guest speaker, Sarah Gibson of Parts Town, as she takes attendees through her company’s digital transformation journey.

"Recreating the environment in which historical demand occurred"

ToolsGroup

Editor's Note: Starting today we will begin publishing this blog once every two weeks.

Want to disrupt your supply chain? Check out this new analytical tool

ToolsGroup

Brad Householder, Founder and CEO of b2i, spoke at the ToolsGroup TG18 user conference recently and presented an innovative approach to strategically analyze your value chain to focus digital investments. Brad, by the way, comes from a great pedigree.

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Still managing your inventory with spreadsheets?

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Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%.

How Not to use Machine Learning for Demand Forecasting

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Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.

Decoding the Language of Demand

ToolsGroup

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on?