ToolsGroup

MARCH 30, 2022

It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. ToolsGroup has allowed us to significantly increase end-to-end control of the replenishment process of our retail network.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

ToolsGroup

JANUARY 19, 2024

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. Effectively incorporating these tools necessitates a shift in thinking when seeking information.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

ToolsGroup

JULY 6, 2023

IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. Read the press release here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

ToolsGroup

JANUARY 16, 2023

Over the past 24 months, many retailers were caught between the dual forces of fast changes in consumer demand and supply chain disruptions. Leaders in the retail space understand the value of moving from static to dynamic planning and require a new generation of planning and execution technology to respond to changes faster.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Inventory Reduction Waste Reduction 156

BlueYonder

DECEMBER 11, 2023

Inventory control represents a huge challenge for any retailer. In fact, inaccurate inventory is the single biggest cause of poor customer experience, according to a new survey by Blue Yonder. Canada’s largest tech retailer got ahead of these problems. How did the company overcome its inventory issues? The payoff?

Inventory Reduction 74

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Retail 74

Enterra Insights

AUGUST 15, 2023

The past few years of turmoil in the retail sector have challenged many professionals. The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. ” Many retailers have turned to artificial intelligence (AI) to address their fears and lessen their worries.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 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

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

ToolsGroup

OCTOBER 3, 2023

Retailers have a lot to juggle, looking to combine cost-efficiency with elevated consumer satisfaction so they can remain competitive in the current retail marketplace. The good news is retail fulfillment offers enormous opportunities for improved margins, greater efficiency, and happier customers.

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 156

ToolsGroup

MAY 2, 2023

April 26-27, the Retail Technology Show brought together Europe’s most forward-thinking retailers and leading innovators, welcoming 47 of the Top 50 UK retailers and brands to discuss the latest ideas, technological advancements, and retail solutions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

ToolsGroup

JANUARY 9, 2024

BOSTON – January 9, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Retail Optimization Software 156

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[2] It’s ironic, therefore, in this inflationary period, that many retailers are experiencing the exact opposite problem — too few consumers seeking items they already have on hand. Now, some retailers are struggling with the opposite problem: a deluge of stuff nobody wants to buy.”

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

ToolsGroup

APRIL 14, 2023

LONDON — April 13, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimisation software, will be introducing its latest innovations in retail planning at Retail Technology Show, the flagship event for retail, in 2023.

ToolsGroup 120

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 120

Enterra Insights

DECEMBER 19, 2023

The retail sector continues to endure tectonic shifts as business landscapes and consumer behaviors change. First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. Inventory Management.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 130

Logistics Viewpoints

JUNE 1, 2023

Retailers know firsthand how quickly the market can change. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. The retailers feel the impacts of the recession fast and deeply.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

ToolsGroup

APRIL 26, 2023

Retail customers need more than just an omnichannel experience. They need retailers to deliver dynamic, unified commerce experience. To guarantee customer-centric experiences across every retail channel, retailers need to create agile, resilient operations to adapt to changing consumer behaviors.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Logistics Viewpoints

AUGUST 9, 2022

Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supply chain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supply chain. Complete visibility into inventory.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

SEPTEMBER 11, 2017

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed Data Must Be United for True Supply Chain Inventory Optimization. Better Inventory Management Needs Complete Control.

Supply Chain Optimization 383

Supply Chain Optimization Analytics Software Optimization Software Inventory Reduction 383

ToolsGroup

JANUARY 16, 2023

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.

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

ToolsGroup

OCTOBER 25, 2022

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.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. However, warehouse managers can overcome these obstacles by considering the main issues affecting omnichannel retail supply chains and implementing these key tips to break down barriers to efficiency.

Inventory Management Software 163

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 163

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. The comprehensive analysis provides strategic information for users to evaluate different provider capabilities, competitive differentiation, and market positions.

ToolsGroup 156

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

Enterra Insights

JANUARY 6, 2022

In the years leading up to the Covid-19 pandemic, the most discussed topic in the retail sector was the Retail Apocalypse. A combination of the rise of e-commerce, overbuilding of stores, and too much debt-load resulted in thousands of physical retail locations going out of business. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

ToolsGroup

JUNE 6, 2022

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.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

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. AI-first forecasting is crucial in achieving this efficiency—transforming the retail planning landscape and driving financial success in the apparel market.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

AUGUST 12, 2022

In a world where customer expectations are higher (some food delivery services actually put the groceries right into your fridge), and where customers select retailers based on products being in stock and reliability of delivery, optimizing the customer experience is a must to stay on top. . What is the Omnichannel Retail Experience?

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Supply Chain Game Changer

NOVEMBER 2, 2022

If you’re not a software developer, you probably think of information architecture (IA) as nothing more than the structure of a website or app. What is information architecture and what does it involve. To begin with, let’s define exactly what information architecture is. Why is information architecture important?

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Analytics Software 84

BlueYonder

MARCH 4, 2024

Ability to scale remains the keystone to holding together retail’s effort to transition its architecture for the modern era that pits cost against customer expectations. The retailers modernizing toward that end-to-end integration will be those best aligned with that new paradigm. What Is End-to-End Retail Integration?

Optimal Sourcing 77

Optimal Sourcing Retail Inventory Reduction Real-time Visibility 77

EMERGE App

MARCH 11, 2021

Inventory is the store or stock of goods. And in this post, you’re going to know the type of inventory exists. Four Types of Inventory. There are four types of inventory : work-in-progress, finished goods, raw material, and MRO goods. Finished goods inventory is that stock of completed products.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Manufacturing Procurement 52

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. The retail industry is rich with data. Four Ways of Using Cluster Analysis in Retail. On average, we humans generate 2.5 What is Cluster Analysis?

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

ToolsGroup

FEBRUARY 16, 2022

Retail planning customers can isolate, measure, and manage the influence on weather on their businesses. This added insight ultimately results in increased forecast accuracy, more optimized inventory, and fewer lost sales as a result of sales-driven weather volatility. About Planalytics. Planalytics, Inc. About ToolsGroup.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

ToolsGroup

DECEMBER 16, 2021

Embracing constant change and delivering outstanding customer experiences is critically important in the face of today’s increasingly informed consumer. And one thing’s for sure: Retail is not for the faint-hearted. Why does open-to-buy matter to retailers? Improve Inventory Flexibility. The benefits of open-to-buy.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Reverse Logistics 253

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 253