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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. Retailers today need an integrated solution that is agile enough to adapt to even the smallest changes in demand.”

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

This solution allows retailers to maximize the sales lift created by promotions while minimizing margin sacrificed to do so. With the PromoAI solution, retailers can instantly simulate the impact of multiple promotional strategies at once to choose the best outcome for their business priorities. Read more HERE.

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Supply Chain Sustainability Gathers Steam

Logistics Viewpoints

There’s been little room for long-term planning, and supply chain sustainability has mostly been an afterthought, a “nice-to-have” initiative that is not of critical importance. Customers are asking companies to make supply chain sustainability a priority, and younger logistics employees are making the push from the inside.

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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. AI’s influence continues to grow, and consumers are now demanding sustainable actions.

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Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Here are four ways smart supply chain planning directly impacts sustainability initiatives.

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ToolsGroup, Exhibiting at Retail Technology Show, Announces Significant Enhancements To JustEnough® For Retail Planning

ToolsGroup

It also fully integrates JustEnough with the Inventory Hub® Dynamic Data Unification Platform. These product enhancements link perpetual inventory signals to critical merchandise planning modules. These product enhancements link perpetual inventory signals to critical merchandise planning modules. Version 2023.1 Version 2023.1

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The Changing Landscape of Retail Supply Chains

Enterra Insights

The past few years of turmoil in the retail sector have challenged many professionals. The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. ” Many retailers have turned to artificial intelligence (AI) to address their fears and lessen their worries.