ToolsGroup

Survey Reveals an Inflection Point in Supply Chain Digital Transformation

ToolsGroup

The Council for Supply Chain Management Professionals (CSCMP) and ToolsGroup surveyed more than 200 supply chain professionals around the world on the state of supply chain digital transformation in planning. This blog post highlights some of the key findings.

Survey 244

Three Things Telecom Supply Chains of the Future Need to Do Now

ToolsGroup

The telecommunications industry has become so highly commoditized that customers perceive only marginal differences in products and prices among the various market players. Want to have a winning telecom supply chain?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Three Tips for Building an Agile CPG Supply Chain

ToolsGroup

On the surface, it seems like the consumer packaged goods (CPG) industry performed better than most during the COVID pandemic. Consumer goods e-commerce sales for example increased 91% year over year according to a NielsenIQ analysis.

Your Demand Forecast Is Wrong. Here’s How to Fix It.

ToolsGroup

If you were still using a computer or a telephone from the 1960s today, you’d get some strange looks, to say the least.

New Supply Chain Design Software Benefits Calculator

Curious how much can you potentially save by optimizing your supply chain network? Our benefits calculator helps you find out.

Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

by Nicola Buttolo, CEO Carpe Diem Valuenet. When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock.

Five Tips for How to Run a Successful Software Proof of Concept (POC)

ToolsGroup

Selecting and implementing a new supply chain solution is a risky career move for any supply chain manager. The wrong solution can cost the company millions and cost the manager their job.

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world.

How Supply Chain Optimization Enhances Your Strategic Business Plan

ToolsGroup

Most successful companies complete annual strategic business plans in order to identify and execute upon growth opportunities. Likewise, many growth-oriented companies employ supply chain planning (SCP) software to facilitate their growth and improve efficiency and customer service.

How to Select Supply Chain Planning Software

ToolsGroup

Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives.

Going to Market Smarter in the New Economy

The fight to find new customers and retain existing ones is the biggest business challenge for many companies. Technology will continue to play a part in fostering buyer allegiance and building brands in the “new normal.” In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail.

Smarter, Low-Risk Commodity Buying

ToolsGroup

By FinStock South Africa. The importance of having the right inventory at the right price to service customer demand is crucial. Nowhere is this truer than on commoditized products. With commodity buying, customers have a wide range of vendors to buy from and switch often to protect their margins.

Tips for Getting Executive Buy-in for Supply Chain Planning Software

ToolsGroup

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules.

For Distributors, Mitigating Supply Uncertainty Begins with a Better Forecast

ToolsGroup

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Today distributors are navigating increasingly unpredictable supplier lead times and availability.

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

Don’t Forecast Demand, Model Your Demand

ToolsGroup

Demand modeling is different from demand forecasting. Simply put, it doesn’t forecast demand, it models demand. Forecasting typically starts with a time series of data—usually presented as a bar chart displaying demand by month or by week.

Why a Software Proof of Concept (POC) Is Better than an RFI

ToolsGroup

A proof of concept (POC) is an increasingly common method to select the best supply chain software vendor for your company, yet many supply chain practitioners still lean on the traditional RFI (request for information) tool. Software selection is risky.

Podcast: Reinforcing Supply Chains Through Digital Transformation

ToolsGroup

In episode five of Be Ready for Anything, hear from George Fowler, Group Vice President at Spinnaker SCS, about how strategic digital transformation initiatives prepare supply chains to successfully withstand significant business disruptions.

McDonald’s Mesoamérica Supply Chain Response to COVID-19

ToolsGroup

Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains.

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

A Tale of Two Industries: Surprising Demand Spikes amid Supply Chain Disruption

ToolsGroup

Levent Ozsahin, Managing Partner at Advancetics B.V. It’s human nature to miscalculate how best to respond to supply chain disruptions–either over- or under-steering in anticipation of a crisis.

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation.

Forecasting Over the Product Life Cycle

ToolsGroup

Demand forecasting is tough, and getting it right over the entire product lifecycle during the course of launch, maturation, and end-of-life is tougher still.

Study Shows 74 Percent of Digital Supply Chain Planning Transformations Influenced by COVID

ToolsGroup

New global survey finds that companies executing digital planning transformations are better managing COVID-related demand and supplier uncertainty.

Study 156

4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data. Read on to learn the four AI hacks sales teams need to improve their performance. Download the eBook today!

Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 million people per day in 6,684 cars across 472 stations1. Each station is part of a larger system and operates on a set schedule under one management umbrella.

The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below.

Retail 181

Simplifying Probabilistic Forecasting

ToolsGroup

In episode nine of Be Ready for Anything, supply chain expert Stefan de Kok breaks down the basics of probabilistic forecasting.

Is Your Supply Chain ‘Ready for Anything’?

ToolsGroup

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math.

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? How can new technologies help your team improve? Find out in this new research report.

Avoiding Stagnation: How Ratioform Stays Agile with Supply Chain Automation

ToolsGroup

In episode eight of Be Ready for Anything, we hear from Mathias Kempe, the Director of Operations at Ratioform. Mathias takes us through Ratioform’s journey from manual planning to an automated system that could adapt to uncertainty.

Here’s How SKF Clinched the Gartner Supply Chainnovator Award with Digital Twin

ToolsGroup

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category.

Podcast: Designing Supply Chains for Sustainability

ToolsGroup

In episode four of Be Ready for Anything, hear from Martin Jertz, ToolsGroup’s Business Development Manager for Central Europe, about how organizations can build sustainability into their supply chains while trimming costs and improving efficiency.

A World in Flux: Global Supply Chain Predictions for 2021

ToolsGroup

In episode seven of Be Ready for Anything, industry insider Bob Ferrari discusses the pivotal factors affecting global supply chain revitalization in the coming year. Discover how to pinpoint your investments in supply chain management and regain your balance, even in a shifting marketplace.

Global 156

How to Overcome the Pain Points of Your CRM

CRM software is a powerful tool when used correctly, yet another obstacle to a sales team’s efficiency when it’s not. Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.