ToolsGroup

JANUARY 15, 2024

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite. Read more HERE.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

JUNE 22, 2021

ToolsGroup’s supply chain planning software allows Italy’s largest grocery retailer to improve forecast accuracy, model promotional events, and improve visibility and collaboration with cooperatives. “For Conad, the customer has always been at the center, and this is reflected in our strategic technology choices. About Conad.

Forecasting 120

Forecasting Forecasting Software Supply Chain Planning Software ToolsGroup 120

Logility

OCTOBER 29, 2021

Process manufacturers in particular, with their reliance on a consistent ingredient mix, have unique challenges that require accurate forecasting to keep up with manufacturing demand. They are coming to the realization that they must innovate and build resilience for whatever might come next. Is inventory keeping up with demand?

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

OCTOBER 11, 2023

Leaders in building supply chain capabilities on graph technologies are failing to drive break through process innovation. The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Innovation is slowing. Innovation. Measurement.

Supply Chain Planning Software 367

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 367

ToolsGroup

APRIL 20, 2023

By implementing ToolsGroup Service Optimizer 99+ (SO99+) , Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Read Gaviota’s full story and discover the secrets behind ToolsGroup’s unique probabilistic forecasting and inventory management solutions here.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software ToolsGroup Supply Chain Planning 156

ToolsGroup

JANUARY 15, 2024

To qualify for inclusion in the Supply Chain Planning category, a product must provide planning tools for demand, inventory, replenishment, and ordering, facilitate delivery schedules and load planning, and customize plans based on individual business priorities. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. As for MEIO, I was excited to see some innovation in the space, but the creativity was short-lived. The most innovative of the technologies were quickly acquired, and the promise waned. Old habits die hard.)

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

ToolsGroup

MAY 16, 2023

These often included: Collaborating more effectively with suppliers: More organizations are embracing a more holistic supply chain strategy by knowledge-sharing with suppliers to align on lead times, forecasts, and buying projections. Probabilistic forecasting continues gaining momentum.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

ToolsGroup

JULY 6, 2023

With v8.61, SO99+ will be delivering enhanced transparency and accuracy across the entire solution while increasing the overall strength of the solution’s forecasting engine. GranTerre has been a ToolsGroup customer for many years, and we value their commitment to innovation. Missed our first quarterly updates?

ToolsGroup 276

ToolsGroup Modeling Forecasting Supply Chain Planning Software 276

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

ToolsGroup

AUGUST 25, 2022

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. Amid continuous disruption and fast-changing consumer demand, inventory agility is crucial.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. If businesses cannot accurately forecast revenue, the organization is not resilient. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. My conclusion?

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 293

ShipBob

JULY 9, 2021

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

JUNE 1, 2021

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Taulia

FEBRUARY 23, 2022

And, at least for the short to medium term, accounts payable is one area of the balance sheet for which forecasting can be particularly valuable. Having a clear picture of what these liabilities are, how much they total, and when they must be settled by is a critical part of cash flow forecasting. Forecasting accounts payable.

Forecasting 52

Forecasting Forecasting Software Modeling Modeling Software 52

ToolsGroup

JULY 5, 2023

With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

ToolsGroup

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.”

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand. Read on for our five inventory optimization secrets for aftermarket parts.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

ToolsGroup

FEBRUARY 28, 2023

That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world. Multiple model plotting options, include bar- and bee-swarm plots to visualize results the way each user prefers.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

ToolsGroup

APRIL 25, 2023

ATD will share how collaborative forecasting improved supplier performance and revolutionized its supply chain for business-wide benefits, thanks to ToolsGroup’s AI-driven planning solutions BOSTON – April 25, 2023 – ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Orlando Florida, May 8-10.

ToolsGroup 156

ToolsGroup Gartner Florida Inventory Reduction 156

ToolsGroup

MAY 11, 2023

The innovation-focused cosmetics and aesthetic medicine laboratory teams up with ToolsGroup to advance supply chain processes, sustaining growth while maintaining high service standards. We needed a supply chain planning solution with unmatched forecasting to lay the foundation for customer-centric inventory and replenishment planning.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Forecasting 156

Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. This basic replenishment tactic does not provide the accuracy and visibility needed to drive greater efficiency, ensure a right-sized inventory, improve customer service, and expand product sales.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

Logility

NOVEMBER 30, 2023

From Generative AI innovations like Chat GPT to industry events, analysts, and mass media stories, every business leader is being tested – from their vision and trust in the technology to internal preparations and integration of artificial intelligence into supply chain operations.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

ToolsGroup

MARCH 28, 2024

Facing the challenge of overstock and the need to enhance sell-through rates, PittaRosso implemented an automated markdown optimization solution leveraging historical sales data, comprehensive market insights, and inventory analytics. increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

ToolsGroup

AUGUST 10, 2023

Garrett Brands selected ToolsGroup Service Optimizer 99+ (SO99+) , a suite of planning functions encompassing Demand Forecasting & Planning , Inventory Optimization , and Replenishment. These solutions tailor inventory to demand by accounting for market uncertainty, thanks to a powerful, built-in probabilistic forecast.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 156

ToolsGroup

MARCH 3, 2021

This article will explore the different retail channels and reveal tips for finally mastering demand forecasting for the fashion industry. Requirements for demand forecasting in the fashion industry. This technique can be leveraged by new product forecasting with machine learning. trillion U.S. dollars in 2020 to about 2.25

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

ToolsGroup

MAY 23, 2023

ToolsGroup customer, illycaffè, will share how probabilistic forecasting supports a customer-centric planning process, helps guarantee product availability, and successfully navigates uncertainty. Thanks to ToolsGroup’s AI-powered probabilistic forecasting engine, the company improved and accelerated its forecasting and planning processes.

Gartner 156

Gartner ToolsGroup Supply Chain Planning Forecasting 156

ToolsGroup

JULY 28, 2023

ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies. With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value.

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

BlueYonder

APRIL 1, 2024

Retailers must enhance their inventory and fulfillment decisioning capabilities to thrive in this dynamic landscape. Efficiently allocating inventory across channels while minimizing costs is no small feat. More players are excelling in the omni-channel game, offering seamless experiences, innovative technology, and extensive networks.

Inventory Reduction 58

Inventory Reduction Real-time Visibility Inventory Expense Reduction 58

ToolsGroup

JULY 19, 2023

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. This automated, AI-powered solution includes Demand Planning & Forecasting and Inventory Optimization.

Supply Chain Planning Software 120

Supply Chain Planning Software ToolsGroup Supply Chain Planning Forecasting 120

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth?

Supply and Demand 357

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 357