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

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

MAY 11, 2022

Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. Download the complete report: Digital Supply Chain Planning Outlook 2022 ?.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

ToolsGroup

JULY 5, 2023

Dynamic Multi-Sourcing that allows users to plan simultaneous replenishment from multiple suppliers, while also selecting back-up suppliers and creating order triggers. SO99+ is the industry leader in probabilistic planning techniques , multi-echelon inventory optimization , and AI,” said Inna Kuznetsova, CEO of ToolsGroup.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

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

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

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. About ToolsGroup.

Supply Chain Planning Software 136

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

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. The reason? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

JUNE 7, 2021

AMR Research was an industry analyst firm in Boston. Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

EMERGE App

JANUARY 1, 2020

As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. World exports of manufactured goods increased from US$ 8 trillion in 2006 to US$ 11 trillion in 2016. Developing countries make up the bulk of suppliers and manufacturers today.

Currency 52

Currency Purchasing Skills Inventory Management Software Manufacturing Procurement 52

Enterra Insights

JUNE 15, 2020

There is no consolidated system for accessing all the information related to business operations, which can lead to erroneous reporting and missed opportunities.” For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. ”[4].

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

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

FEBRUARY 26, 2019

Jennifer Overstreet, Director of Digital Content at the National Retail Federation, reports Li & Fung, CEO Spencer Fung, told participants at a 2018 NRF conference, “The supply chain will become faster, digital and more innovative. 3D Printing and On Demand, Additive Manufacturing. But what does Supply Chain 4.0 ”[4].

Supply Chain Planning Software 100

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

Supply Chain Shaman

MARCH 3, 2013

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

Supply Chain Planning Software 212

Supply Chain Planning Software Modeling Optimization Software SAP 212

Supply Chain Movement

FEBRUARY 16, 2016

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. Manufacturers find themselves at a crossroads. 26 | Global Trade Map.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Gartner Agile and Lean Supply Chain 60

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. The company’s latest report of Q2 financial performance was headlined with a 14.9

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

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

JULY 26, 2016

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. They don’t know how to segregate, forecast or inventory these “extreme error” items. Leverage Inventory More Effectively. Many CPG companies are at a loss on what to work on to improve these forecasts.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

ToolsGroup

SEPTEMBER 30, 2019

ToolsGroup Named a Leader in IDC MarketScape Worldwide Demand Planning Market Report. 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. . Source: [link]. PRESS RELEASE.

Supply and Demand 27

Supply and Demand ToolsGroup Modeling Supply Chain Planning Software 27

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). It was a cold, crisp winter in Boston.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Locus Robotics

FEBRUARY 13, 2023

By Rob Press, Content Marketing Manager, Deputy In the supply chain, warehouses play a crucial role in receiving products from the source, storing them safely, and delivering them quickly and efficiently. According to a study by the Boston Consulting Group , robots can increase warehouse picking productivity by up to 55%.

Warehousing 105

Warehousing Optimal Sourcing Demand Planning Software Optimization Software 105

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

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. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. Sorry to break the news.

Supply and Demand 150

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

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Look at the gyrations of Boston Scientific and Eli Lilly for the same period of time. “ I scratch my head. Consider figure 1 re Healthcare.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

RFgen

SEPTEMBER 2, 2016

Boston’s Tufts Medical Center is more than just the average medical facility. News and World Report, ranked the 268-bed institution No. According to Becker’s Hospital Review, Johnson worked at the Virginia logistics organization Owen & Minor and the purchasing company Yankee Alliance.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

RFgen

SEPTEMBER 2, 2016

Boston’s Tufts Medical Center is more than just the average medical facility. News and World Report, ranked the 268-bed institution No. According to Becker’s Hospital Review, Johnson worked at the Virginia logistics organization Owen & Minor and the purchasing company Yankee Alliance.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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

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. Image source: Sturgis Journal. The CDC typically receives reports of 2-4 infant infections per year.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Arena Solutions

MARCH 9, 2023

Since 2015, PTC has hosted LiveWorx , a global forum that brings together manufacturing executives, engineers, product designers, quality leaders, supply chain partners, and other like-minded individuals who are focused on harnessing disruptive technologies to manage uncertainty and transform their business.

Supply Chain Design Software 77

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 77

6 River Systems

OCTOBER 30, 2019

Sarah Boisvert @fablabhub Sarah Boisvert is the author of The New Collar Workforce and founder of Fab Lab Hub that offers Digital Badges for skills such as 3D printing, robotics, CAD design and AI in manufacturing. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

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. The Biden report on supply chain readiness primarily focuses on symptoms, not root causes. 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 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 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

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Reported by GPCA, “China is one of the key destinations for GCC polyethylene exports.

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. . About ToolsGroup.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. For example, a manufacturer who is selling to a few wholesalers would have sent out a catalogue to them. The wholesalers would then have to call the manufacturer and order over the phone, or via email. What is B2B eCommerce?

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60