ToolsGroup

APRIL 17, 2019

Lennox to Highlight How It Worked with ToolsGroup to Transform to Service-Driven Supply Chain Planning. BOSTON (April 17, 2019) – ToolsGroup, a global leader in supply chain planning software, today shared it will exhibit and present at the American Supply Chain Summit 2019 , taking place April 25-26 in Dallas.

ToolsGroup 120

ToolsGroup Supply Chain Software Optimal Sourcing Supply Chain Design Software 120

ToolsGroup

MARCH 31, 2025

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.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

ToolsGroup

SEPTEMBER 21, 2021

Sarah Voorhees has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies. It began with optimizing the use of ToolsGroup supply chain planning software to improve RAJA’s customer service levels.

ToolsGroup 24

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 24

ToolsGroup

JUNE 15, 2021

BOSTON (June 16, 2020) – Supply & Demand Chain Executive , the only publication covering the entire global supply chain, selected Polaris to receive a “Top Supply Chain Projects Award for 2021” for its project with ToolsGroup. Inventory was reduced by 15 percentage points. About ToolsGroup. Go to www.SDCExec.com.

ToolsGroup 120

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply and Demand 120

Enterra Insights

NOVEMBER 14, 2024

Back in 2019, Joseph Shamir , Founder of ToolsGroup, wrote, “If the last decade has taught us anything, it’s to expect the unexpected — from extreme weather events to endless political psychodramas to tech startups disrupting whole industries. ” • Evaluate and adjust procurement category strategic responsibilities.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

ToolsGroup

JUNE 18, 2020

BOSTON (June 18, 2020) – Supply & Demand Chain Executive , the executive’s user manual for successful supply and demand chain transformation, has selected ToolsGroup as a recipient of an SDCE 100 Award for 2020. ToolsGroup’s project with Franke. Reduction of seasonal inventory peaks and related bullwhip effects.

ToolsGroup 24

ToolsGroup Supply and Demand Optimal Sourcing Supply Chain Planning Software 24

ToolsGroup

JANUARY 13, 2021

We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. Of course trade-offs of higher manufacturing costs are balanced against reduced inventory costs, lower freight/logistics costs, lower duties and taxes, etc. Here’s to a healthy and prosperous year ahead!

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

ToolsGroup

FEBRUARY 23, 2023

With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. Belcorp wanted to increase customer satisfaction while boosting profitability and reducing inventory.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 156

ToolsGroup

SEPTEMBER 20, 2022

20, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce that CEO Inna Kuznetsova has been selected as a recipient of the Supply & Demand Chain Executive 2022 Women in Supply Chain award. About ToolsGroup. BOSTON — Sept.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

ToolsGroup

DECEMBER 17, 2020

Cloud has evolved to provide the ideal infrastructure and platform for hosting multiple supply chain partners to collaboratively offer optimized services including planning, logistics, sourcing, procurement and service parts management. ToolsGroup customers are ready for the transition. Who can provide them?

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

ToolsGroup

MARCH 17, 2021

BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

ToolsGroup

MARCH 31, 2022

ToolsGroup team leaders Mauro Adorno and Rob Kaufholz –both recently recognized as Supply & Demand Chain Executive’s Pros to Know–prove that having a diverse range of skills and experiences can really give you an edge. Mauro Adorno, Chief Operating Officer EMEA & APAC at ToolsGroup. a venture within the Group.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 156

ToolsGroup

SEPTEMBER 25, 2024

At ToolsGroup, we’re committed to transforming supply chains into catalysts for positive change, powering innovations to make supply chains a force for good. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

ToolsGroup

SEPTEMBER 18, 2023

At ToolsGroup, that mission is to make supply chain a force for good. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. About ToolsGroup. BOSTON, Mass. and HOUSTON, Tex. About Spinnaker.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 136

ToolsGroup

APRIL 11, 2018

At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). Inventory planning was local. Inventories themselves were often local.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

ToolsGroup

MARCH 31, 2022

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.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Supply and Demand ToolsGroup 120

Supply Chain Shaman

MARCH 6, 2018

Credit for this image goes to ToolsGroup. There are natural processes that require tactical horizon for procurement buying and transportation sourcing, and Sales and Operations Planning. Linear optimization assumes a normal distribution of data. I liked their image. Increasingly, withhe. The best teams define governance.

Supply Chain Planning Software 268

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Planning Scenario Planning 268

ToolsGroup

OCTOBER 12, 2021

Brands like American Eagle Outfitters focused on inventory optimization and flexibility, supply chain transformation, lower SKU counts and fewer shipments per order for improved supply chain performance. So we thought it would be good to examine some key capabilities in fashion supply chain planning and the technologies that support them.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Modeling 156

ToolsGroup

MAY 30, 2018

Digital twins drive benefits such as improved business planning and improved sourcing, procurement and supplier management. At ToolsGroup, our experience so far has been mostly in using the digital twin concept to precisely predict the impact of sales promotions on demand and inventory trade-offs on customer service levels.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

ToolsGroup

SEPTEMBER 8, 2021

Supply chain planning (SCP) is made up of a mix of interlinked technologies, starting with forecasting and moving through inventory optimization and replenishment. ToolsGroup has talked extensively about how probabilistic forecasting can be effective here. ? The benefits can be pretty staggering: Optimized inventory levels.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Forecasting 156

ToolsGroup

SEPTEMBER 20, 2022

Optimize spare part inventories. Using AI for demand planning is vital for enhancing revenue growth, saving production costs, and freeing time for production planners, procurement teams, and supply chain managers to dedicate to value-added activities. By employing these AI-based measures, manufacturers can: Optimize uptime.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 75% of procurement managers and Managing Directors from the EU and UK believe passing on increased raw material costs to customers is appropriate.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. While ToolsGroup and SAP (with the acquisition of SmartOps) are the nearest competitors, Terra prided itself on delivering better decisions through better math. The Company has a checkered past.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Enterra Insights

JANUARY 7, 2020

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. Prediction 2. ” Prediction 3. .” ” Prediction 3.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

ToolsGroup

DECEMBER 18, 2018

Now the unmanned coffee stations transmit POS data every 15 minutes to help forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement; SCP software calculates the refill order requirements nightly for frequent, low-volume deliveries.

Supply Chain Planning Software 205

Supply Chain Planning Software Demand Planning Software Analytics Software Forecasting Software 205

ToolsGroup

DECEMBER 1, 2015

There is a new technique for improving forecast accuracy and inventory optimization—sensing demand from Point of Sale (POS) data or "POS Demand Sensing". Detailed demand forecasts are then generated for the sales and marketing teams and to set optimal inventory levels. The result? Gartner likes the strategy.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Inventory Reduction 120

Supply Chain Matters

JUNE 14, 2022

Included in this June 14, 2022 edition are updates featuring the following providers: ToolsGroup and Onera. ToolsGroup Acquires Onera. According to the announcement , the combined software offering gives retailers crucial visibility into inventory as well as the sophistication needed to optimize planning and fulfillment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 52

ToolsGroup

JANUARY 10, 2017

Unmanned coffee stations transmit POS data every 15 minutes to help a highly autonomous planning system forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement. At Costa Express , just one planner now handles the planning for 5600 points of sale. What going on?

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 120

Supply Chain Matters

OCTOBER 10, 2023

Technology providers included in this update include Amazon Web Services, Loop, Certa, Consolidated Chassis Management and ToolsGroup. According to ToolsGroup CEO Inna Kuznetsova, this acquisition brings together two companies with complementary products, visions, and customer base.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

ToolsGroup

OCTOBER 20, 2015

Lennox almost tripled the percentage of orders that can be delivered the next morning, yet reduced inventory by almost 20%, even with a 250% increase in physical locations. They also reduced distribution costs as a percentage of sales by over 15%, increased inventory turnover by more than 20%, and reduced response time.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

ToolsGroup

JUNE 18, 2024

By optimizing inventory levels based on real-time demand data, organizations can reduce carrying costs and minimize stockouts. Provide training and resources to ensure that all team members, from procurement to logistics, are comfortable using data in their daily work.

Optimal Sourcing 177

Optimal Sourcing Supply Chain Planning Software Price Mitigation Strategies Optimization Software 177

ToolsGroup

OCTOBER 6, 2015

Less mature companies focus IT investments on manufacturing, procurement and workforce management. Their supply chain planning solutions allow them to maintain the right level of inventories. Where companies focus their IT is also strategically important because IT spend translates into supply chain readiness.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

ToolsGroup

SEPTEMBER 29, 2015

A demand and replenishment planning system also analyzes point-of-sale data from the coffee stations to forecast demand, optimize inventory, and generates nightly replenishment proposals for distribution and procurement.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 120

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. Automation can help eliminate the drudgery of manual planning and spreadsheets and help your planners make smart inventory and replenishment decisions. Here’s the usual flow of materials throughout the supply chain as it relates to vertical integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 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