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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

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ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization

ToolsGroup

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. for Global Supply Chain Inventory Optimization, 2022. Access the SPARK Matrix™.

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Gaviota Slashes Inventory While Boosting Service Levels 36% with ToolsGroup’s AI-Powered Planning

ToolsGroup

By implementing ToolsGroup Service Optimizer 99+ (SO99+) , Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Read Gaviota’s full story and discover the secrets behind ToolsGroup’s unique probabilistic forecasting and inventory management solutions here.

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

This new solution empowers retailers to ensure that every promotion delivers on promised returns— something critical to profitability, especially with working capital invested in inventory at a premium. Current pricing customers report a 6% average growth in revenue and 15% growth in volume.

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ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

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Watch: Time for a Reset of Retail Inventory Strategies?

Supply Chain Brain

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.

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ToolsGroup Named a Notable Vendor in the Gartner® Midmarket Context: Magic Quadrant™ for Supply Chain Planning Solutions

ToolsGroup

BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023).

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