ToolsGroup

OCTOBER 5, 2022

BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. . Montreal-based executive brings extensive experience in AI-driven SaaS technology.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Optimization Software ToolsGroup 156

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

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 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

SEPTEMBER 20, 2022

BOSTON — Sept. 20, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce that CEO Inna Kuznetsova has been selected as a recipient of the Supply & Demand Chain Executive 2022 Women in Supply Chain award.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

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. Similar discounting is underway among brick-and-mortar retailers.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

The Logistics of Logistics

JUNE 23, 2022

Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers. The shopping season will be here before we know it.That’s why retailers and other shippers are investing in and looking to master last mile delivery.

Supply Chain Strategy 130

Supply Chain Strategy Supply Chain Optimization Supply Chain Software Sourcing Strategies 130

Kinaxis

AUGUST 18, 2014

how they ever already impacted retail and brand marketing. 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”. It’s the consumer.

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

ToolsGroup

JANUARY 14, 2022

Named a Supply Chain leader in annual list of most innovative and transformative retail technology solution providers. In making this selection, Retail Today’s editorial team has analyzed the universe of Retail solutions in 16 categories—scanning nearly 7000 applicants and nominees.

ToolsGroup 31

ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 31

Supply Chain Matters

JUNE 15, 2023

According to a published report from New Hampshire’s Manchester Union Leader via Yahoo News , plans for the sixth facility call for the construction of a 102,418 square foot combination office and manufacturing facility within Londonderry, New Hampshire , near the Manchester-Boston Regional Airport.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

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. About ToolsGroup.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

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

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

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. As an example, let’s say you’re trying to fulfill a pallet order of heavy items in Boston, MA.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Zipline Logistics

MAY 25, 2021

While those in other sectors sputtered, brands and retailers alike spent much of the year trying to keep up with skyrocketing demand. A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

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

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

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

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. The fact we live in the digital age should provide the biggest clue. Move now, or get left behind.

Supply Chain Planning Software 100

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

IQMS

JUNE 25, 2019

Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

The UCLA Anderson Global Supply Chain Blog

AUGUST 29, 2016

Within Google Express, customers can order products from a range of national retail stores including Costco, Target, PetSmart, and Whole Foods. It currently serves the Bay Area, Los Angeles, Boston, New York, Chicago, and Washington D.C., Retailers pay a commission in return for bringing in business.

Purchasing Skills 60

Purchasing Skills Supply Chain Strategy Sourcing Strategies Price Reduction 60

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 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

Logistics Viewpoints

MARCH 9, 2023

Retailers, especially in the developed world, demand collaborative practices, continue to increase the quality of their private label offerings, and are becoming significant competitors. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Logistics Viewpoints

MARCH 25, 2022

In the early morning hours of March 18, 1990, two men, disguised as police officers, talked their way into the Isabella Stewart Gardner Museum in Boston, where they blindfolded and tied up the two security guards, and made off with thirteen works of art. Last Friday marked the 32 nd anniversary of the largest art heist in the world.

Logistics Network Optimization Software 203

Logistics Network Optimization Software Russia Pricing Training Ukraine 203

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

In total, approximately 40% of retailers in the United States are out of stock as of mid-May. Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. Image source: MTL Blog. Image source: FDA .

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

Kinaxis

AUGUST 6, 2014

Up until this past year, my greatest “ah-ha” moment was watching my Boston neighbor walk away with my Arians Platinum 20-SHO snow blower. But, in Boston, we had this dirty little secret. But, in Boston, we had this dirty little secret. In Boston, we had an “ATTIC”. In San Diego, there’s no attics, no basements.

San Diego 240

San Diego Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 240

SCMDOJO

JUNE 3, 2022

It’s hard to ignore how important Purchase Orders (POs) are to growing retail businesses. From tracking orders to managing inventory to managing cash flows and increasing sales, POs play a pivotal role in enhancing daily operations. Image Source: ControlHub. And that’s no other than a purchase order.

Purchasing Skills 102

Purchasing Skills Procurement Solutions Procurement Analytics Vendor Strategies 102

ToolsGroup

JANUARY 16, 2023

In a world of too little, too late, real-time data provides the actionable insights companies need to maximize inventory performance and business profitability. The highly scalable platform processes and analyzes data quickly and applies configuration to provide actionable views of inventory.

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

6 River Systems

JUNE 29, 2020

At the same time, supply chain disruptions resulted in shortages of vital parts and components, and retailers such as grocery stores faced challenges keeping items like toilet paper, hand soap and sanitizer and disinfecting wipes on their shelves. ” — Glenn Steinberg, What do you need to help you build a more resilient supply chain?

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Elementum

JUNE 5, 2020

Today, they produce and package over 1,000 varieties of dressings and sauces — including category leader, Sweet Baby Ray’s barbecue sauce — across 4 plants near Boston, Indianapolis, Atlanta, and Las Vegas. With no plants overseas, Ken’s Foods was spared the early supply chain ripple effect related to COVID-19 in Asia and Europe.

Food 78

Food Las Vegas Supply Chain Indianapolis 78

Unleashed

DECEMBER 19, 2018

Not only does their job include assembling or producing the final product, but they also have to source all the materials that go towards making the final good, and then sell these through their channels. According to a study by Google and The Boston Consulting Group (BCG), 50% of B2B search queries are made on smartphones.

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

Logistics Viewpoints

FEBRUARY 4, 2022

It’s hard to believe that after so many years, a legend of Boston has officially called it quits. The Bosstones were a classic Boston band that somehow even featured a member that simply known as the Dancing Bosstone. Sam’s Club rolling out inventory accessory for cleaning robots. And now on to this week’s logistics news.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Logistics New Jersey North America 188