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ToolsGroup Announces Inventory Hub®, the Single Source of Truth for Real-Time Data Across the Enterprise

ToolsGroup

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.

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Inventory Balancing: Research From Dell and Boston Scientific

New Horizon Supply Chain Blog

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.

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ToolsGroup Announces Launch of Dynamic Fulfillment for Real-Time Order Fulfillment Optimization in Retail

ToolsGroup

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.

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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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Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

We started Heura in 2017 to empower people to participate in a more nutritious and sustainable food system. Over the past few years, it has become evident that people are ready for this new era of responsible food sourcing and production,” said Daniel Salrach Ruiz, Supply Chain Director.

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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

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.