ToolsGroup

JULY 26, 2016

Most CPG companies have hit a demand forecasting ceiling. Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. And complexity creates a challenge of how to forecast accurately when faced with new items, new channels and demand shaping. Sense Demand.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

ToolsGroup

JULY 12, 2023

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.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

ToolsGroup

FEBRUARY 23, 2023

With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. Belcorp wanted to increase customer satisfaction while boosting profitability and reducing inventory.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 156

ToolsGroup

AUGUST 16, 2022

BOSTON – August 17, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been selected by Entertainment Retail Enterprises (ERE) , a leader in the design, manufacture, and distribution of customized retail products including apparel, accessories, and home goods.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

ToolsGroup

MARCH 7, 2023

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.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

ToolsGroup

SEPTEMBER 20, 2022

BOSTON — Sept. ToolsGroup’s innovative AI-powered solutions enable retailers, manufacturers, and distributors to outsmart supply chain uncertainty and deliver inventory performance from source to customer doorstep to maximize revenue and profitability. About Supply & Demand Chain Executive.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

ToolsGroup

JANUARY 16, 2023

Real-Time Retail connects the JustEnough planning and execution solution with Inventory Hub ® – a dynamic data unification platform – to collect near-live data from siloed systems and serve that information immediately to Allocation, Replenishment and Fulfillment applications to: Track events and changes to inventory across selling channels.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Inventory Reduction Waste Reduction 156

ToolsGroup

SEPTEMBER 18, 2023

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

ToolsGroup

AUGUST 3, 2022

BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. .

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) I gave thanks when the Patriots jet—championed by Mass General and Robert Kraft (owner of the Patriots)—landed in Boston with a million masks. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Recovery Team.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

ToolsGroup

SEPTEMBER 25, 2019

BOSTON, Mass. A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation. PRESS RELEASE. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Enterra Insights

APRIL 21, 2021

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. Joe Lichtenberg ( @joelichtenberg ), Head of Product and Industry Marketing at InterSystems, explains many manufacturers are still struggling to join the Industry 4.0 revolution. revolution.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

Supply Chain Shaman

AUGUST 26, 2015

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. It was a cold, crisp winter in Boston.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Amazon’s supply chain heavily depends on the outsourcing of its inventory management.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

Supply Chain Disruption Modeling Supply and Demand Demand Planning Software 72

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. PRESS RELEASE.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

ToolsGroup

JANUARY 21, 2020

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. As a result, we need to have more than 20,000 SKUs in stock,” explains Pierre-Jean Coltat, procurement and planning manager at Allopneus. NEWS RELEASE.

Optimal Sourcing 35

Optimal Sourcing ToolsGroup Inventory Reduction Optimization Software 35

Enterra Insights

FEBRUARY 26, 2019

That means consumer preferences change every hour, yet retailers make purchasing decisions almost a year in advance.”[1] “Although the world of industry and manufacturing is in the midst of a digital revolution,” they write, “the supply chain sphere is lagging behind. ”[4]. ”[4]. Machine Learning.

Supply Chain Planning Software 100

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

IQMS

JUNE 25, 2019

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. Compound Annual Growth Rate (CAGR) according to Gartner’s latest market forecast. Compound Annual Growth Rate (CAGR) according to Gartner’s latest market forecast.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

APRIL 20, 2022

BOSTON and MILAN, April 21, 2022 – ToolsGroup , a global leader in supply chain planning and optimization software, announces its Service Optimizer 99+ (SO99+) digital supply chain planning software is now fully integrated with Microsoft Dynamics 365.

ToolsGroup 31

ToolsGroup Supply Chain Planning Software Optimization Software Modeling 31

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. . Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory.

Supply and Demand 27

Supply and Demand ToolsGroup Modeling Supply Chain Planning Software 27

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

ToolsGroup

JANUARY 14, 2022

BOSTON, January 14, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has been recognized by Retail Today magazine as a leader in the Supply Chain category in Retail CIO Radar 2022, a first-of-its kind annual list of most innovative and transformative retail technology solution providers. .

ToolsGroup 31

ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 31

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

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.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

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

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

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. The Risk of Outdated Forecasting Software. Image source: Sturgis Journal.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

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

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. Forecast logistics and hold yourself accountable. Use market signals to forecast shipments by lane and by mode.

Supply Chain Design Software 367

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

ToolsGroup

NOVEMBER 17, 2021

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.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 156

Supply Chain Matters

DECEMBER 20, 2023

automatically combine and analyze data across multiple supply chain systems so businesses can observe their operations in real-time, find trends more quickly, and generate more accurate demand forecasts that ensure adequate inventory to meet customer expectations.” The application was described as providing the ability to: “.automatically

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Planning 59

ToolsGroup

SEPTEMBER 15, 2020

Global supply chains are fundamentally rearranging and there’s a lot of reflection on how the urge to optimize efficiency (whether it was offshoring manufacturing to keep labor costs down, or making supply chains very lean to cut inventory costs) made supply chains more fragile.

ToolsGroup 234

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 234

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” Supporting localisation – To increase resilience, means to decentralise sourcing.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

ToolsGroup

SEPTEMBER 23, 2022

BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. .

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

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