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ToolsGroup Recognized as a Leader in the SPARK Matrix for Intelligent Retail Pricing & Promotion Optimization by Quadrant Knowledge Solutions

ToolsGroup

“As retailers strive for high profit margins, excess inventory remains a challenge – especially during the post-holiday season. Our AI-powered price optimization tools analyze and convert size, color, model, and location data into optimal pricing recommendations. Bulgari, and Clas Ohlson.

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Supply Chain Success Prompts ToolsGroup-Lãberit Partnership to Expand into LATAM

ToolsGroup

The ToolsGroup and Lãberit partnership is already benefiting a large company dedicated to supplying products, services, and solutions to the ceramics and glass sector, supporting them in achieving efficient demand planning and inventory optimization with an end-to-end supply chain solution.

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Taming Supply Chain Bullwhips with Artificial Intelligence

Logility

The paper shortage recovered quickly within 2-3 months of the start of pandemic, but the nationwide hoarding behaviors lasted half a year into the pandemic triggering excess production and at the end, a huge surplus of toilet paper rolls in the United States. Excel-based tools lack these capabilities.

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Baby Formula Deficit: Unfortunate Lessons in Demand Forecasting

Logility

When the United States had a massive infant formula shortage, families were under duress, especially those with babies under one. Planners need AI based tools that can overlay ground realities on to historic data. About half the baby formula consumption in the United States is by low-income families.

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McDonald’s Mesoamérica Supply Chain Response to COVID-19

ToolsGroup

Rafael: It has been a really helpful tool with which to go through this crisis. If you do the math there, you have to make 748,000 inventory decisions per month. So our main task now is to consolidate all the purchase and inventory decisions in one team. Decisions were made within 24 hours. We had to close within one day.

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What are the best Supply Chain Strategies for 2021

ivalua

For example, China and the United States are ranked 1 and 2 respectively for the production of rare earth elements, but this is deceiving as China is producing 5 times the amount of the United States. Materials like rare earth elements have a high concentration in Asia. Supply Chain Resilience vs Low-Cost Supply Chain.

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” As per a recent report by CNBC , the labor department in the United States has 5.5