article thumbnail

The Costly Oversight: Why Your Inventory Rebalancing Strategy Is Failing You

ToolsGroup

Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.

article thumbnail

ToolsGroup Unveils Inventory.io to Deliver AI-Powered Inventory Optimization for Retailers

ToolsGroup

New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blind Shipping: Solution for Inventory & Labor Challenges

GlobalTranz

If so, optimizing your inventory management strategy can be a game-changer. This method offers a solution to various inventory and shipping challenges for businesses just like yours. Below, we outline three ways blind shipping can help optimize your logistics, keep inventories healthy and save you money!

article thumbnail

Logility Reports Second Quarter Fiscal Year 2025 Financial Results

Logility

Logility ) ( NASDAQ: LGTY ), a leader in AI-first supply chain planning software, today reported its second quarter fiscal year 2025 financial results. For the six months ended October 31, 2024, the Company reported continuing operating earnings of approximately $2.9 million compared to $7.7 million for the same period last year.

Logility 188
article thumbnail

The Current and Future Use of Gen-AI in Supply Chains

From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report. Another 57% will do it in the next 12 months*.

article thumbnail

10 Ways A Data Gateway Improves Time to Value Across Your End-to-End Supply Chain

Logistics Viewpoints

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

article thumbnail

Mobile Inventory Management: Boost Efficiency with Real-Time Tracking

RFgen

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

article thumbnail

Complimentary Gartner Report: Improve S&OP Decision Making with Scenario Planning

Download this complimentary report to learn about: Gartner’s research findings on the role of scenario planning in S&OP. How to articulate scenarios for portfolio planning, network, inventory, and more. The paradigm shift happening in S&OP and pain points experienced by SCP leaders.

article thumbnail

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? Find out in this new research report. Inventory: asset or liability? Although nobody could have predicted the degree of disruption most companies experienced last year, the pandemic did expose the many challenges organizations face when it comes to inventory.

article thumbnail

Learn How to Transform Procurement with Team Procure Cloud

Team Procure Cloud offers a comprehensive solution to procurement management, streamlining the entire process from purchase requests and approvals to supplier management and inventory control. One of the key features of the platform is the custom approval workflows, which are tailored to each department within an organization.

article thumbnail

Digital Transformation: Why You Can’t Afford to Wait

Brittle supply chains, fragmented systems landscapes, unreliable and inaccurate data, as well as poorly managed IT and business networks are consistently reported as top concerns, which is why executives are increasingly prioritizing digital transformation.