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.

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 223

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

SEPTEMBER 21, 2021

It began with optimizing the use of ToolsGroup supply chain planning software to improve RAJA’s customer service levels. They’ve re-tooled, re-innovated and revamped how the world sees the supply chain and logistics industry. About ToolsGroup. BOSTON and MILAN (Sept. Because women in the supply chain matter.

ToolsGroup 24

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

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. This would increase efficiency, lowering inventory and logistics costs while still meeting customer demand. Digital Twin Applications For instance, say you’re a manufacturer or distributor.

Real-time Visibility 295

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

ToolsGroup

APRIL 20, 2022

Let’s talk specifics, starting with some actionable tips and insights from Johnson and other members of the ToolsGroup community. Source: Fortune. #3: Source: Fortune. It can take a lot of time and manpower to battle suspended logistical operations, inventory shortages, and fluctuating demand. But it doesn’t have to.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

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

Supply Chain Digest

JUNE 8, 2025

Topping the winners for the week was software firm Oracle, up 5.1%, followed by carrier XPO Logistics, which rose 4.1%. See performance for the past week, month and year for each stock and the whole index in the chart below: Source: SCDigest Feedback No Feedback on this article yet.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Logistics Network Optimization Software 41

ToolsGroup

DECEMBER 17, 2020

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. ToolsGroup customers are ready for the transition. They have less dramatic operational consequences, but expose the problem just the same. .

Supply Chain Planning Software 275

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

Supply Chain Digest

JUNE 7, 2025

See performance for the past week, month and year for each stock and the whole index in the chart below: Source: SCDigest Feedback No Feedback on this article yet. CDC/TradeBeam Cognizant Techn Compliance Netw Cornerstone Sol DiCentral Dow Jones E2Open EnVista Epicor Hempstead Consu IBM/ILOG IHS iSuppli Infor Infosys Inside ERP INSIGHT, Inc.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Logistics Network Optimization Software 41

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

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

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. Figure 1 Source: SKF. Figure 2 Source: SKF. Figure 3 Source: SKF. Figure 4 Source: SKF.

Supply Chain Planning Software 222

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

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

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.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 120

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Logistics Viewpoints

APRIL 7, 2021

This is where TireHub uses ToolsGroup. ToolsGroup is a global supply chain planning software company. ToolsGroup help companies maintain or improve target service levels while minimizing inventory. This is where ToolsGroup comes into play, especially with the seasonality of some SKUs. Benefits from ToolsGroup.

Supply Chain Planning Software 131

Supply Chain Planning Software Forecasting Software ToolsGroup Optimal Sourcing 131

ToolsGroup

AUGUST 28, 2018

Colin: What kind of results have customers seen with ToolsGroup MEIO? This can be anything from reduced logistics cost, fewer manufacturing changeovers, less expediting, and reduced low-quality inventory like perishable goods. So, the biggest piece of an implementation can be cleaning up the source data.

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

ToolsGroup

FEBRUARY 9, 2022

Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. ” Sourcing and retaining talent has also led to offering its employees increased pay. Image source: Meme Creator. workers to over $18 an hour.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

ToolsGroup

APRIL 1, 2022

Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Chain Store Age ). Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Supply Chain Planning 207

ToolsGroup

AUGUST 28, 2018

Colin: What kind of results have customers seen with ToolsGroup MEIO? This can be anything from reduced logistics cost, fewer manufacturing changeovers, less expediting, and reduced low-quality inventory like perishable goods. So, the biggest piece of an implementation can be cleaning up the source data.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

ToolsGroup

JUNE 17, 2024

Stakeholders increasingly demand visibility from sourcing to disposal, prompting companies to explore actionable steps such as optimizing logistics for reduced carbon footprint and adopting circular economy practices. Sustainability is not only about compliance but also a strategic advantage.

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 156

Enterra Insights

JULY 28, 2022

Nevertheless, notes Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, over the past seven decades, supply chain planning has rested on three assumptions: Logistics is available; supply chain variability is low and controllable; and government policies are rational.[2] Logistics is available. ” Assumption 2.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. As Tom Derry, CEO of the Institute for Supply Management, shared in PBS , “It’s been the hardest year for logistics and supply chain managers,” Pafford said. Image source. Image source: APA.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

ToolsGroup

JULY 24, 2019

And this low cost fostered a mentality of incremental thinking with mid-level managers focused on squeezing out 1-2% a year in cost savings through sourcing, says Pete Guarraia of Bain consultancy. . But converging costs have reduced the need for far flung supply chains in many industries. Ecommerce is also driving supply chain change.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

Enterra Insights

MARCH 8, 2018

“By the end of 2020,” asserts the editorial staff at Material Handling & Logistics (MH&L), “one-third of all manufacturing supply chains will be using analytics-driven cognitive capabilities, thus increasing cost efficiency by 10% and service performance by 5%.”[1] ” Advanced Supply Chain Analytics.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Gartner 100

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. “Quantum computing can crunch through numerous variables and factors, from more sources, across more scenarios, faster and with greater accuracy than ever. ” 4. .

Predictive Analytics Software 100

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

ToolsGroup

DECEMBER 20, 2021

I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of Global Transportation, and UPS, where I worked as Vice President of Supply Chain Design. Image source: Bloomberg.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. Those who don’t have enough staff risk losing profits at the finish line: According to original research by IHL and ToolsGroup, 14.5% Sourcing staff with the skills needed for a digitally-transformed economy also proves difficult–particularly when data analytics are essential to unlocking business growth.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

NOVEMBER 4, 2022

Source: Insider. Internal Logistical Issues. Logistical obstacles include internal complications like a truck or driver shortage, or an infrastructure stretched beyond its capacity to service all your locations. Handpicked related content: 3 Concrete Tactics to Combat Employee Turnover and Source Staff ?.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Enterra Insights

NOVEMBER 12, 2019

” However, staff members at Material Handling & Logistics (MH&L) provide support for Mortson’s assertion. They report, “Only 7% of companies are reaping the benefits of digital transformation of supply chain planning, according to a new study by ToolsGroup and Spinnaker.” ” Banker is correct.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Transformation Supply Chain Software 100

ToolsGroup

JANUARY 9, 2018

With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs. A single, unified data model depicts the immediate financial impact of plan changes.

Modeling 179

Modeling Scenario Planning Optimization Modeling S&OP 179

Enterra Insights

NOVEMBER 19, 2019

Jeff Bodenstab, Marketing Vice President at ToolsGroup, asserts, “This model has withstood the test of time in depicting what highly evolved planning looks like. 1] Jeff Bodenstab, “ ‘Digital Transformation’ and Supply Chain Planning ,” ToolsGroup Blog , 15 May 2018. [2] ”[1]. Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Gartner Scenario Planning 100

ToolsGroup

JULY 11, 2017

It’s a problem of “lost in translation”—the differing lingo used by the finance side versus planning, supply, production and logistics. The language of finance is numbers, but they’re different numbers than the ones used by supply chain. This isn’t just aligning financial planning with S&OP.

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Supply Chain Matters

OCTOBER 10, 2023

Technology providers included in this update include Amazon Web Services, Loop, Certa, Consolidated Chassis Management and ToolsGroup. Chicago based Loop was founded in 2021 when many businesses struggled with added logistics disruption brought about be the Covid-19 global pandemic. Morgan Growth Equity Partners and Index Ventures.

Supply Chain Planning Software 52

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

ToolsGroup

MAY 24, 2016

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. Editor's Note: There will be no blog post next week. That’s necessary for continuous improvement and operational excellence. But there is another way to segment supply chains that begins with the customer.

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

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. San Francisco -based Onera provides retail technology that connects inventory across siloed systems and transforms them into a single, real-time source of inventory status. GreyOrange.

Supply Chain Planning Software 52

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