Supply Chain Matters

JUNE 15, 2023

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Commenting on the Skowhegan facility expansion, Joe Preston, New Balance President indicated: “ Manufacturing has always been at the core of our company culture.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

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

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

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 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.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

Supply Chain Movement

MARCH 16, 2016

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. In the late 1970s, Boston Scientific’s initial success was built on guide catheters and balloon catheters for coronary artery treatments. By Caroline Linssen.

Boston 60

Boston Agile and Lean Supply Chain Manufacturing Procurement Europe 60

Supply Chain Shaman

SEPTEMBER 27, 2021

In 2004, I joined AMR Research, a Boston Analyst firm. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. There are no value network solutions in the market to enable plan/source/make and deliver visibility holistically. Reflection. To illustrate the point, let me share a story.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Kinaxis

NOVEMBER 11, 2019

Leaders from Bose, Boston Scientific and ON Semiconductor shared key lessons from their supply chain transformations, including what led them to consider change. Planners can’t work with contract manufacturers. Purchasers don’t have visibility into existing inventory. How do you know when it’s time for a shift?

Supply Chain Transformation 164

Supply Chain Transformation Supply Chain Planning Software Gartner Supply Chain Software 164

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. 3PL’s, Contract Manufacturing, Suppliers, Logistics providers…. It’s the consumer. Where is the supply chain nodes?

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Inventory Reduction 263

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

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Products are the lifeline of your business.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Supply Chain Shaman

JUNE 7, 2021

AMR Research was an industry analyst firm in Boston. Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers. Gartner purchased the firm in 2010.) Reflection.

Gartner 197

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

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

New Horizon Supply Chain Blog

DECEMBER 8, 2022

Introduction: Why Inventory Balancing? Inventory balancing (also called inventory rebalancing), the periodic transfer of inventory from supply chain locations with too much inventory to locations with too little, is an underutilized supply chain tactic. In such cases, inventory balancing is often the best option.

Boston 52

Boston Inventory Reduction Research Supply Chain Planning Software 52

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. This has resulted in increased initiatives to now scale-back operations and trim staffing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

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. The senior management team at the manufacturer says the pilots are worth it if they can find a way to increase inventory turns just 10% using blockchain and IoT.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

Enterra Insights

JUNE 15, 2020

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. Cognitive technologies can improve manufacturing. ” Footnotes. [1]

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

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

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

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

Enterra Insights

FEBRUARY 26, 2019

“Although the world of industry and manufacturing is in the midst of a digital revolution,” they write, “the supply chain sphere is lagging behind. 3D Printing and On Demand, Additive Manufacturing. Manufacturing & Logistics IT analysts, like many others, believe making a business case isn’t difficult.

Supply Chain Planning Software 100

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

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

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

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

Zipline Logistics

MAY 25, 2021

A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

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.

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ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 31

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

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

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. Short cycles require buffer inventories and short lead times.

Supply and Demand 150

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

ToolsGroup

JUNE 6, 2022

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.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 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

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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. I must admit that it felt soooooo good. I so want the pandemic to be over. Impact of Global Shipping on On-time Deliveries.

Supply Chain Design Software 367

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

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. A Limited Number of Formula Manufacturers.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

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