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Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.

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Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

This article will explore the different retail channels and reveal tips for finally mastering demand forecasting for the fashion industry. Demand planning for direct and indirect channels. Filter any erratic demand peaks (outliers) in the cleansing phase. Hybrid models (i.e.

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Customers and Analysts Recognize ToolsGroup as a Supply Chain and Retail Planning Leader

ToolsGroup

MARCH 2023 – ToolsGroup earned a Higher Performer badge in G2’s Demand Planning Grid® – G2’s scoring criteria is that products shown on the Grid® for Demand Planning have received a minimum of 10 reviews/ratings in data gathered by March 07, 2023. Read the press release here.

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Ciavarella Pneumatici Selects ToolsGroup to Revolutionize Supply Chain Planning

ToolsGroup

This strategic partnership aims to improve demand planning efficiency, optimize inventory performance, and elevate service levels. ToolsGroup’s suite, featuring Demand Planning , Inventory Optimization , and Replenishment modules, will help Ciavarella optimize stock levels across its network.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

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ToolsGroup Announces Significant Enhancements To Its Industry-Leading Demand Planning Solution

ToolsGroup

BOSTON — February 28, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the latest version of its Service Optimizer 99+ (SO99+) software, making major advancements in its forecasting and demand sensing capabilities. Version 8.60 release HERE.

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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

The retail industry is rich with data. Four Ways of Using Cluster Analysis in Retail. Retailers can apply cluster analysis techniques in different ways to find groups of customers, products, stores, or suppliers that behave similarly. There are different ways of doing store cluster analysis.