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ToolsGroup, Exhibiting at Retail Technology Show, Announces Significant Enhancements To JustEnough® For Retail Planning

ToolsGroup

It also fully integrates JustEnough with the Inventory Hub® Dynamic Data Unification Platform. These product enhancements link perpetual inventory signals to critical merchandise planning modules. Connecting real-time inventory insights with merchandise planning applications enables truly dynamic retail planning. Version 2023.1

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ToolsGroup Launches Dynamic Fulfillment for Real-Time Order Fulfillment Optimization

ToolsGroup

BOSTON — July 13, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Dynamic Fulfillment, a new addition to the JustEnough retail planning and execution suite. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

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ToolsGroup Improves Supply Chain Visibility, Usability, and Power in the Mid-Year Enhancements To SO99+

ToolsGroup

SO99+ is the industry leader in probabilistic planning techniques , multi-echelon inventory optimization , and AI,” said Inna Kuznetsova, CEO of ToolsGroup. For more information about SO99+, read our blog on the v8.61 Version 8.61 The release of SO99+ V8.61 release HERE.

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ToolsGroup Announces Significant Enhancements To SO99+ For Improved Supply Planning

ToolsGroup

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Stock Mix Optimization : The setting and planning of differentiated and market-oriented service level targets as an optimal compromise between service and inventory.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: McGraw-Hill, 2009.

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A Q&A with Stanley Black & Decker and Boston University on Inventory Optimization

Logility

Inventory optimization (IO) has become an increasingly important topic of late as companies try to balance inventory (amount, location, etc.) associate professor of operations management, Boston University, on the role of a company’s inventory in developing a sustainable competitive advantage.

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ToolsGroup’s COVID-19 Action Center Offers Support for Swift and Efficient Response to Supply Chain Disruptions

ToolsGroup

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. It gives you great visibility of the whole inventory. About ToolsGroup.