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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

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.

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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

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Nespresso Optimizes Orders and Inventory with End-to-End Digital Supply Chain Planning

ToolsGroup

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 simplifies the task of creating orders for individual points of sale and monitoring inventory levels. Optimized transport.

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Inventory Strategies: Evaluating Constant Disruptions

Logility

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.

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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. Minimize Overstock and Understock Situations Causal forecasting allows you to manage your inventory more efficiently, leading to substantial cost savings. And the result?

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ToolsGroup is positioned as a Technology Leader in the 2023 SPARK Matrix™ for Global Supply Chain Inventory Optimization by Quadrant Knowledge Solutions

ToolsGroup

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.

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Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. 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.