Remove Eliminating Excel in Purchasing Remove Inventory Remove ToolsGroup
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Inventory Management: Why Excel Is Holding You Back

ToolsGroup

If you’re managing inventory with spreadsheets , you’re not alone—but you might be falling behind. While Excel has long been a go-to for planners, the landscape has changed. In this dynamic environment, inventory management powered by spreadsheets is no longer a viable strategy. But familiarity doesn’t equal effectiveness.

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Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

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POOLCORP Selects ToolsGroup to Improve Supply Chain Resilience

ToolsGroup

Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. Recent supply disruptions have made supply chain agility even more crucial,” said David Barton, ToolsGroup’s general manager of North America. About ToolsGroup.

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The Supply Chain Merry-Go-Around

Supply Chain Shaman

Aptean is orchestrating the Blue Yonder/E2open/Infor playbook of buying undervalued assets and milking the maintenance and Software-as-a-Service contracts with existing customers. Legacy players like Adexa, Arkeiva, Gains, E2open, Orchestr8 Solution, and ToolsGroup will be bought and sold with little impact to the market.

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ToolsGroup Acquires Onera to Extend Retail Platform from Planning to Execution

ToolsGroup

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.

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Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.