This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management business.
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.
Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables. The result?
Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.
Aptean is orchestrating the Blue Yonder/E2open/Infor playbook of buying undervalued assets and milking the maintenance and Software-as-a-Service contracts with existing customers. In contrast, Blue Yonder is investing $1 billion over three years in the platform for their solutions. OMP: A lot of new chiefs. The jury is out.
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. Having now gone live with the solution, we are very pleased with our choice, and we look forward to bringing significant contributions to the performance of our supply chain with this project.”
Rafael Labbé, Supply Chain Director at Suministros y Alimentos, a distributor to McDonalds Mesoamérica, shared his company’s experience and COVID-19 supply chain response with ToolsGroup’s Kathleen Geraghty at the recent ToolsGroup virtual user conference. Rafael: It has been a really helpful tool with which to go through this crisis.
BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.
Moreover, the proliferation of e-commerce is reshaping how aftermarket products are purchased. Consumers increasingly turn to online platforms to buy replacement parts and accessories due to the convenience of browsing a wide range of products, comparing prices, and making purchases from home.
ToolsGroup digital supply chain planning and optimization is now available as a Microsoft Dynamics 365 business application. With the availability of ToolsGroup’s fully automated planning and optimization engine, Dynamics 365 customers can guarantee product availability and right-size inventory across the end-to-end supply chain.
Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world. About ToolsGroup. About CSCMP.
FeaturedCustomers is the leading customer success content marketing platform for B2B business software and services, helping potential B2B buyers make informed purchasing decisions through vendor-validated content. ToolsGroup earned a Market Leader award in the category.
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 softwaresolutions to retailers.
MILAN and BOSTON, July 21, 2020 – ToolsGroup, a global leader in supply chain planning software, and COPAN Group, the world leader in the production of pre-analytics and bacteriology swabs, viral transport media, and systems for molecular biology, announced today a joint initiative to fight the COVID-19 pandemic. About ToolsGroup.
Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. Recent supply disruptions have made supply chain agility even more crucial,” said David Barton, ToolsGroup’s general manager of North America.
BOSTON (May 31, 2022) – ToolsGroup , a global leader in supply chain planning and optimization software, announced today that Joe (Yossi) Shamir will retire from his role as CEO. Shamir will continue to be an active ToolsGroup board member and advisor to ToolsGroup investor Accel-KKR.
Being able to pivot quickly prevents unplanned discounting and margin erosion,” noted Inna Kuznetsova, CEO of ToolsGroup. Respond by adjusting where inventory is placed or fulfilled. . Dynamic Fulfillment , integrated with third party OMS systems, leverages Inventory Hub data for better store-based fulfillment.
Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape.
In a recent digital transformation in supply chain planning study conducted by CSCMP and ToolsGroup, 45% of respondents said the pandemic caused supplier instability/shifts and 30% were struggling with staffing shortages/reduced productivity, while 45% indicated demand for their products and services had increased at the same time.
The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Version 8.60 Modularization enables engines like Stock-to-Service Curves to be provided as micro-services to other applications in the supply chain ecosystem.
With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.
Boston and Milan, 15 December 2021 – ToolsGroup, a global leader in supply chain planning and optimization software, is proud to announce that it has joined the Microsoft Partner Pledge, an initiative with the aim of promoting a sustainable environmental future. About ToolsGroup.
Named a Supply Chain leader in annual list of most innovative and transformative retail technology solution providers. In making this selection, Retail Today’s editorial team has analyzed the universe of Retail solutions in 16 categories—scanning nearly 7000 applicants and nominees. About ToolsGroup.
ToolsGroup will support Emma’s goal of creating a resilient, intelligent supply chain process to fuel the company’s growth. After a successful proof-of-concept in Germany, Emma chose ToolsGroup to gain centralized planning and end-to-end (E2E) supply chain transparency. About ToolsGroup. MUNICH & BOSTON — 23.
At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. With SO99’s enhanced Dynamic Stock Leveling capabilities, our software automatically looks back at historical sales and fills in gaps where there is a significant deviation from those same historical forecasts.
<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchasedsoftware, but are dependent on Excel spreadsheets.
With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.
As an analyst in the battered supply chain software market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. I always start the discussion of all software acquisitions with the same statement: the acquisition of software is seldom a good deal for the buyer/user of software.
Demand for fashion products also has complex characteristics, with hard-to-predict, sporadic demand, high volatility and impulsive purchases. It’s crucial to have a strong and innovative supply chain planning approach and tools to survive and thrive in this swiftly-evolving industry. Demand planning for direct and indirect channels.
However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. Today, in many organizations, these solutions are legacy. Was it intentional? Or accidental?
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.
However, the key to maximizing your Q4 revenue doesn’t lie solely in marketing or pricing strategies—it starts with your inventory. Real-time inventory rebalancing is the game-changer that can help you meet customer demand precisely when it peaks.
Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.
Selecting and implementing a new supply chain solution is a risky career move for any supply chain manager. The wrong solution can cost the company millions and cost the manager their job. You may be smirking right now wondering about the validity of a supply chain software company singing the praises of a POC.
The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. Planning and preparation are paramount when beginning the planning software selection process. Implementing new supply chain planning software is not a one-and-done.
Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics. In more buoyant times, companies are often optimizing inventory to reduce cost or maximize revenue to grab market share.
In the midst of the pandemic and other events that remind us uncertainty is a constant, Rob and Mauro have shown their mettle,” said ToolsGroup CEO Joseph Shamir. About ToolsGroup. For more information, follow ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. About Supply & Demand Chain Executive.
This is where TireHub uses ToolsGroup. ToolsGroup is a global supply chain planning software company. ToolsGroup help companies maintain or improve target service levels while minimizing inventory. This is where ToolsGroup comes into play, especially with the seasonality of some SKUs. For TireHub.
… The one issue retailers should we wary of — if this trend tracked by Coresight holds true — is ending up with too much inventory on their hands after the holiday season, if they’re planning to sell more than what ends up being the case. As Thomas pointed out, inventory management is especially critical during the holiday season.
Sahil Gupta , Chief Product Officer at ToolsGroup, shares the most important insights and takeaways from this year’s ShopTalk conference. Powered by Shopify, TikTok provides retailers the ability to connect with customers, enabling consumers to make purchases any place, any time, even when they are not typically or actively “shopping.”
However, ignoring the effect of something with such a profound impact on consumers’ day-to-day lives can lead to severe miscalculations in everything from sales and inventory to markdowns and staffing levels. Allocation: Increase sales and minimize markdowns by aligning store inventories ti weather-based shifts in sales.
Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much inventory on hand and the costs add up resulting in lower profits. Omnichannel operations exacerbate inventory management complexity.
The good news, however, is they have plenty of options in their product assortments, store footprints, customer behavior and even virtual worlds as they face these economic headwinds, using tools including basket analysis, which shows what customers are buying, and assortment planning, which helps retailers decide what to sell.”
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content