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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

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ToolsGroup Acquires Onera to Extend Retail Platform from Planning to Execution

ToolsGroup

Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers.

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POOLCORP Selects ToolsGroup to Improve Supply Chain Resilience

ToolsGroup

BOSTON — Nov 17, 2021 — ToolsGroup , a global leader in supply chain planning and optimization software, has been selected by POOLCORP to support its goals of improved supply chain resilience and service to customers while increasing profitability. . About ToolsGroup.

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ToolsGroup’s Robert Kaufholz and Mauro Adorno Named Supply & Demand Chain Executive “Pros to Know” for 2022

ToolsGroup

They’ve inspired their teams with their persistent drive to deliver excellence and helped our customers keep service levels high despite demand and supply irregularities. ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes.

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This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). Two MIT professors, Vivek Farias and Devavrat Shah, founded Celect in 2013 based on research they had done around how to model the purchasing choices consumers make. QuestaWeb Launches TradeGear Product Line.

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Epitaph

Supply Chain Shaman

They were born from well-intentioned, bright professors from great schools – Boston College, Carnegie Mellon, and Massachusetts Institute of Technology (MIT )– in operations research. They knew little about the software market. It was called multi-enterprise inventory optimization. SmartOps was purchased by SAP.

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Let the Design Begin…

Supply Chain Shaman

The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. They came to Boston to tell us the story of Llamasoft. It could no longer be just about inventory levels. This analysis needed to be completed monthly and fed to newer forms of inventory optimization technologies.