ToolsGroup

SEPTEMBER 13, 2023

It’s the typical supply chain refrain. The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency.

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

ToolsGroup

NOVEMBER 2, 2020

When the COVID-19 outbreak began, the company quickly transitioned into face mask production, supplying hospitals and healthcare facilities with millions of units of coffee-filter-shaped PPE. Melitta Sales Europe (MSE) embarked on an initiative to revamp existing planning and forecasting processes to increase efficiency and sustainability.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

The Smart Software

SEPTEMBER 5, 2023

Forecasting inventory requirements is a specialized variant of forecasting that focuses on the high end of the range of possible future demand. The post How to forecast inventory requirements appeared first on Smart Software.

Forecasting 81

Forecasting Forecasting Software Inventory How To 81

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. What is Demand Forecasting Accuracy?

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

ToolsGroup

NOVEMBER 13, 2023

BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS).

Forecasting 156

Forecasting ToolsGroup Forecasting Software Supply Chain Planning Software 156

ToolsGroup

SEPTEMBER 9, 2020

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods.

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Logility

SEPTEMBER 9, 2023

The need for more resilient supply chains and better demand forecasting was becoming more essential. With the rise of companies looking to implement AI into their supply chains, more accurate forecasts are within reach. How did the infant formula supply chain crisis happen?

Forecasting 131

Forecasting Modeling Forecasting Software Supply and Demand 131

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. Failure to effectively address this challenging question can result in enormous inefficiencies caused by misalignment of demand and supply throughout the supply chain.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

ToolsGroup

MARCH 16, 2023

We knew we could maintain and raise this level of service, limit waste, and improve profitability by adopting a solution that applies this innovative drive to our planning processes, streamlines collaboration, and increases forecast accuracy.” What makes ToolsGroup’s forecasting approach the most accurate?

Supply and Demand 156

Supply and Demand Forecasting Software Forecasting Supply Chain Planning Software 156

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. So my questions are simple.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. A Better Way to Forecast.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain. The basic approach to inventory optimization. This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

QAD

JULY 6, 2023

Supply chain planning is a key component of digital supply chain management. It involves the process of identifying, sourcing, and allocating resources to create a product or service with a goal of better balancing supply chain demand. How does AI affect supply chain planning?

Forecasting 93

Forecasting Supply Chain Planning Software Supply Chain Planning Forecasting Software 93

Logistics Viewpoints

APRIL 10, 2023

Franklin Sports needed to protect sales in this category by improving their pickleball supply chain. To achieve that, Franklin Sports supply chain needed to be improved significantly. Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

DELMIA Quintiq

NOVEMBER 17, 2020

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness. To achieve this, having the right planning solution is crucial. Short-term benefits.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

ToolsGroup

FEBRUARY 4, 2020

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. Excess and obsolete inventory.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

The Smart Software

JULY 31, 2023

Often companies will insist that they “don't use forecasts” to plan inventory. They often use reorder point methods and are struggling to improve on-time delivery, inventory turns, and other KPIs. The post Everybody forecasts to drive inventory planning. The post Everybody forecasts to drive inventory planning.

Forecasting 81

Forecasting Forecasting Software Supply Chain Planning Software Inventory 81

ToolsGroup

JULY 27, 2021

But for this high SKU count industry where demand is as unpredictable as New England weather, the condition of many consumer goods supply chains is far from rosy. Anticipate Consumer Demand and Supply Chain Uncertainty with Probabilistic Planning. No forecast can predict the future with absolute certainty.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

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.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Supply Chain Shaman

NOVEMBER 9, 2023

The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. “At the Digital Supply Chain event at SAP. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns.

Optimal Sourcing 335

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 335

AIMMS

SEPTEMBER 9, 2019

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. The use of technology for demand forecasting is widespread .

Forecasting 207

Forecasting Forecasting Software Demand Planning Software Modeling 207

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The implementation also involves leveraging weather data to improve forecasting. The forecasting projects were focused on secondary distribution. Forecasting is harder there.

Forecasting 167

Forecasting Forecasting Software Optimal Sourcing Modeling 167

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. The time is now to take action and invest in technology to optimize your operations, streamline your workflows, and enhance supply chain efficiency across the board.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain 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

Logility

AUGUST 14, 2020

Forecasting is an “inexact science” that relies on the data available to you, the math you use, and how you implement the forecast. And your forecasting success is fundamentally impacted by your understanding of that data, its strengths and limits. How you roll up your data for forecasting fundamentally impacts accuracy.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

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. for Global Supply Chain Inventory Optimization, 2022.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

ToolsGroup

APRIL 18, 2024

BOSTON, MA and MILAN, ITALY – April 18, 2024 – ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. Supply chain leaders face unprecedented and increasing supply chain disruptions.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

GlobalTranz

DECEMBER 22, 2020

In the first half of the year, panic buying drove supply and demand imbalance across the supply chain and caused truckload capacity to tighten. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. What is Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

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. We chose ToolsGroup as a partner for its intuitive, scalable solution and its sharp supply chain acumen.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software ToolsGroup Supply Chain Planning 156