ToolsGroup

MARCH 17, 2025

Lack of preparation can lead to stockouts, excess inventory, cost overruns, and service failuresnot to mention stress and sleepless nights. To learn more about how our demand planning and forecasting solution can help your company, book your free consultation with ToolsGroup now: Contact us On average, our customers achieve: 99.9%

Forecasting Software 156

Forecasting Software Demand Planning Software Forecasting Supply Chain Planning Software 156

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

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

ToolsGroup

MARCH 18, 2025

Your Aftermarket Supply Chain is More Complex Than You Think: Stop Guessing, Start Optimizing Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Suboptimal inventory distribution: excessive stock in low-demand locations and shortages in high-demand areas.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Inventory Reduction Waste Reduction 156

ToolsGroup

DECEMBER 16, 2019

BOSTON (December 13, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2019 Vendor Assessment. About ToolsGroup. PRESS RELEASE.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

Logistics Viewpoints

MARCH 10, 2021

As part of ARC Advisory Group’s Supply Chain Forum last month, I had the opportunity to speak with Kathleen Geraghty, Vice President of North American Sales at ToolsGroup. ToolsGroup recently released its annual predictions for the year ahead. There is a focus on alternate sourcing and substitution options. About ToolsGroup.

ToolsGroup 197

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 197

ToolsGroup

SEPTEMBER 23, 2022

BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. . About ToolsGroup.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

ToolsGroup

MARCH 31, 2020

ToolsGroup customers around the world have had to drastically adjust their supply chain planning in response to COVID-19 demand volatility. Here are a few examples of how our customers are using ToolsGroup to respond swiftly and efficiently to COVID-19 supply chain challenges in order to be ready for anything.

ToolsGroup 35

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 35

ToolsGroup

MARCH 14, 2025

Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Suboptimal inventory distribution: excessive stock in low-demand locations and shortages in high-demand areas. The outcome?

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

ToolsGroup

MARCH 25, 2025

Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. In July 2022, IHL and ToolsGroup surveyed U.S. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. Retailers can counter a staggering $1.9

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

ToolsGroup

OCTOBER 5, 2022

BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. . About ToolsGroup. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Optimization Software ToolsGroup 156

ToolsGroup

MARCH 7, 2023

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.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

ToolsGroup

APRIL 13, 2020

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. This conversation has been edited and condensed for clarity.].

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 296

ToolsGroup

AUGUST 3, 2022

ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

JUNE 6, 2022

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 software solutions to retailers.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

ToolsGroup

JULY 12, 2023

BOSTON — July 13, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Dynamic Fulfillment, a new addition to the JustEnough retail planning and execution suite.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

ToolsGroup

JULY 26, 2022

Milan, July 27 , 2022 – ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce it has been awarded Microsoft Italy’s Best Independent Software Vendor Partner Award for the second year in a row. About ToolsGroup.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

ToolsGroup

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.”

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

ToolsGroup

JUNE 17, 2021

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.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

ToolsGroup

MAY 25, 2021

The importance of having the right inventory at the right price to service customer demand is crucial. Calculating and maintaining optimal levels of inventory is increasingly complex in this market as a result of long lead times, exchange rate volatility, economic factors, tariffs, political unrest, pricing trends, etc.

Optimal Sourcing 260

Optimal Sourcing South Africa Modeling ToolsGroup 260

ToolsGroup

JULY 5, 2023

With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

ToolsGroup

FEBRUARY 12, 2025

Identify and prioritize sources of uncertainty and variability in your supply chain and use this data to improve your planning and decision-making. At ToolsGroup, weve seen firsthand how probabilistic demand forecasting has been a key differentiator for businesses. Adopt probabilistic planning instead of deterministic planning.

Optimal Sourcing 156

Optimal Sourcing Modeling Forecasting Supply and Demand 156

ToolsGroup

SEPTEMBER 30, 2019

ToolsGroup Named a Leader in IDC MarketScape Worldwide Demand Planning Market Report. BOSTON (September 30, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2019 Vendor Assessment. . About ToolsGroup.

Supply and Demand 27

Supply and Demand ToolsGroup Modeling Demand Planning 27

ToolsGroup

MAY 16, 2023

Lucky winner Irene Sy of Cisco joins ToolsGroup’s Mallory Duffy and David Barton at our booth on May 9! More companies are looking to develop and adopt inventory strategies that guarantee high service levels while reducing the overall strain of inventory on working capital. ToolsGroup SCM “Spin the Wheel!”

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

ToolsGroup

JULY 11, 2019

According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. Fortunately, Franke was able to tame that complexity partnering with ToolsGroup, and following are three quick points to learn from their story. Franke was facing all three.

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Supply Chain Optimization 223

ToolsGroup

JUNE 15, 2023

We are proud to note that ToolsGroup has been doing this for over 20 years. Check out the 4 Key Takeaways from this year’s Gartner Supply Chain Symposium/Xpo in Orlando, Florida → Kevin Young, ToolsGroup CMO introduces illycaffè session, “How to navigate market uncertainty and guarantee product availability.” We have made it simple.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

ToolsGroup

JANUARY 14, 2022

BOSTON, January 14, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has been recognized by Retail Today magazine as a leader in the Supply Chain category in Retail CIO Radar 2022, a first-of-its kind annual list of most innovative and transformative retail technology solution providers.

ToolsGroup 24

ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 24

ToolsGroup

AUGUST 16, 2022

BOSTON – August 17, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been selected by Entertainment Retail Enterprises (ERE) , a leader in the design, manufacture, and distribution of customized retail products including apparel, accessories, and home goods.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. 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

NOVEMBER 2, 2020

For MSE, the primary need fulfilled by ToolsGroup was to integrate key account and financial perspectives, enable efficient promotions management, support demand segmentation and create a flexible planning hierarchy. ToolsGroup supported MSE’s other key priority: seamless collaboration between stakeholders.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

ToolsGroup

FEBRUARY 28, 2023

At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. Dynamic Multi-Sourcing In a post-COVID world, and despite suppliers’ best efforts, delays or sudden demand spikes inevitably cause supply issues.

Supply and Demand 156

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

ToolsGroup

JULY 19, 2023

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.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

ToolsGroup

JUNE 27, 2025

It involves framing the problem , selecting and validating data sources , imagining possibilities , and applying values —domains where human discernment is essential. At ToolsGroup, we’ve operationalized this approach. Our AI solutions optimize forecasting, replenishment, and inventory, but humans remain central.

Sourcing Strategies 156

Sourcing Strategies Optimal Sourcing Forecasting Software Analytics Software 156

Supply Chain Shaman

OCTOBER 12, 2017

I would encourage the reader to study both: The Good the Bad and the Ugly of DDMRP from Stefan de Kok from ToolsGroup. He is a great thinker on inventory planning and demand management.I While the promise of real-time inventory data from RFID still looms large as an ideal state for the industry, it has not been practical.

Supply Chain Planning Software 375

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 375

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