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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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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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Shorter Trend Cycles: An Inventory Management Nightmare

Clear Spider

Shorter trend cycles, rising costs of goods, and high demand for seasonal products like candy, costumes, and decorations are all haunting manufacturers and retailers globally. In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Even these microtrends used to last from three to five years.

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

Logility

It’s not just about what happened in the past but also includes current factors like market trends, promotions, and even the weather. They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. And the result? Don’t wait to reap these benefits.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries.

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5 Key Trends Driving Supply Chain Innovation

Talking Logistics

When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses. Trend #1: Customers Buying Experience Not Products. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way.