ToolsGroup

DECEMBER 16, 2019

BOSTON (December 13, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2019 Vendor Assessment. ToolsGroup is a global provider of service-driven supply chain planning and demand analytics software.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

Logility

DECEMBER 9, 2011

. $100 million – Amount Proctor & Gamble saved in just the beauty division from multi-echelon inventory optimization ( Link ) ( Video ). $50 50 million – Total savings HP realized from MEIO as well as a 30% inventory reduction ( Link ). 26% – Amount Boston Scientific reduced their inventory ( Link ). $20

Optimal Sourcing 101

Optimal Sourcing Inventory Reduction Optimization Software Inventory Management Software 101

Supply Chain Matters

AUGUST 23, 2022

Last week, Boston based home goods and furniture online platform provider Wayfair announced it will shed nearly 5 percent of its global workforce and upwards of 10 percent of this provider’s corporate level staffing, amounting to upwards of 900 people. This has resulted in increased initiatives to now scale-back operations and trim staffing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

Supply Chain Matters

MARCH 5, 2022

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks. Global Health Exchange Acquires Syft.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Enterra Insights

JUNE 15, 2020

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. An objective function scores an outcome’s utility so the best outcome can be chosen. ”[4].

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. There is also no Santa Claus. Sorry to break the news.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

GlobalTranz

AUGUST 17, 2015

In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council. Supply chain concepts are generally understood in a linear pattern of consecutive planning in the form of plan-source-make-distribute-return/dispose. Connect your supply chain.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

ToolsGroup

SEPTEMBER 30, 2019

BOSTON (September 30, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2019 Vendor Assessment. . ToolsGroup is a global provider of service-driven supply chain planning and demand analytics software. Source: [link].

Supply and Demand 27

Supply and Demand ToolsGroup Modeling Supply Chain Planning Software 27

Enterra Insights

FEBRUARY 26, 2019

Predictive Analytics. And consider forecast data, planning parameters, cost and price information, materials details and specifications, purchase orders (and all of the accompanying changes and updates), bills of lading, labels, inventory records, and much more. They are: The Internet of Things (IoT). End-to-End Digital Connectivity.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Demand Planning Software Supply Chain Strategy 100

Logistics Viewpoints

MARCH 19, 2021

In April of 2005, just a month after completing my first half marathon (and vowing I would never run a full marathon in my life), I went to the finish line at the Boston Marathon and saw Team Hoyt for the first time. Team Hoyt became a fixture at the Boston Marathon, completing the race 32 times, while running another 40 marathons as well.

Logistics Network Optimization Software 36

Logistics Network Optimization Software Real Estate Logistics Waste Reduction 36

ToolsGroup

SEPTEMBER 21, 2021

BOSTON and MILAN (Sept. Sarah Voorhees has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies.

ToolsGroup 24

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 24

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Supply Chain Shaman

JULY 15, 2021

The day before I traveled to Boston, I spoke to a client. Consumer goods manufacturers will pay 60-70% more in retail deductions, and the retail struggle to source for the holidays will worsen. In most cases, this means that you will have to augment traditional systems with better analytics. I so want the pandemic to be over.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

The Network Effect

MARCH 18, 2016

There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already. Source: Digital Transformation of Supply Chains , p3, Capgemini Consulting (PDF).

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimal Sourcing 100

QAD

NOVEMBER 18, 2021

Joanne: “Abiomed delivered over $1M worth of PPE to local hospitals in the Boston area and we continue that line of communication and support to this day. For example, in some areas where we have a single-source supplier, we’ve had to increase collaboration with that partner and better understand their risk mitigation strategies.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Network Software Resource Reduction Analytics Software 97

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96