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ToolsGroup customer Suministros & Alimentos , a leading Central American food distribution and logistics provider, with regional coverage across Guatemala, El Salvador, Honduras, and Nicaragua, will showcase how it uses technology and AI to predict demand and track shipments in real time to optimize the supplychain, ensure product quality.
ToolsGroup has a long history of innovating with our customers in mind. It’s also why so many of our customers are eager to share their supplychain success – and have even won awards of their own in partnership with ToolsGroup! Thank you to our customers and partners from across the supplychain industry!
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supplychain resiliency and efficiency. Belcorp: A SupplyChain with Countless Moving Parts Belcorp is a beauty corporation with a mission to provide beauty products that answer to a variety of individuals’ needs.
MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. BOSTON, June 11, 2019 – ToolsGroup, a global leader in supplychain planning software, today shared details of its participation in the Gartner SupplyChain Executive Conference, taking place June 17-19 in Barcelona.
The manufacturing and distribution industries are on the brink of a transformative era, characterized by unprecedented technological innovation, sustainability imperatives, and global economic shifts. As we approach 2025, businesses face a critical juncture where adaptability and strategic foresight will define competitive success.
In order to roll out capabilities to our customers as they became available, ToolsGroup has made the exciting decision to split SO99’s traditional yearly release schedule into quarterly releases! As such, ToolsGroup is happy to announce our second release of 2023 for our Service Optimizer 99+ SupplyChain Planning solution.
There’s still a strong demand for supplychain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. . For those who already worked in logistics, there will also be changes.
In an ever-changing global economy with all its unexpected twists and turns, supplychain leaders are looking for a way to be ready for anything the real world throws at them. That’s why we announced a new brand identity here at ToolsGroup last week: ‘Be ready for anything.’ And add more dollars to your bottom line.).
Infrastructure Needs : Effective remanufacturing and recycling require specialized facilities and logistics networks. Emerging technologies like chemical recycling and pyrolysis are opening new avenues for material recovery, while the shift to electric vehicles is driving research into battery refurbishment and second-life applications.
Yet, despite significant investments in tools and talent, many organizations still struggle to connect strategic vision with real-world operations. Ideally, it connects sales, marketing, supplychain, finance, and operations in a seamless flow. It connects strategy and execution with features built for modern supplychains: 1.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
As part of ARC Advisory Group’s SupplyChain Forum last month, I had the opportunity to speak with Kathleen Geraghty, Vice President of North American Sales at ToolsGroup. During our conversation, we touched on a number of topics around the supplychain planning market. SupplyChain Planning Market.
Your Aftermarket SupplyChain 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. Your distribution network spans multiple locations. Your parts portfolio includes thousandssometimes millionsof SKUs.
ToolsGroupsupplychain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. Unlike its competitors in the online market, Allopneus.com manages its logistics in-house. ” Choosing ToolsGroup. NEWS RELEASE.
After fruitful collaboration in Europe, the partners in supplychainsoftware implementation celebrate a significant regional expansion. The partnership began in 2021, as ToolsGroup explored more avenues for leveraging its powerful AI-driven supplychain planning solutions.
BOSTON and BOULDER, CO (June 3, 2021) – ToolsGroup , a global leader in supplychain planning software , and Spinnaker SCA , an international provider of supplychain strategy, planning, and operational consulting services, are extending their partnership to bring digital supplychain planning solutions to more companies.
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supplychain planning–and changed supplychain from a practitioner-focused topic to everyday dinner table conversation. Digital supplychain transformation will accelerate.
BOSTON (May 31, 2022) – ToolsGroup , a global leader in supplychain planning and optimization software, announced today that Joe (Yossi) Shamir will retire from his role as CEO. Shamir will continue to be an active ToolsGroup board member and advisor to ToolsGroup investor Accel-KKR.
ToolsGroup’s sprawling partner network celebrates a history of collaboration and innovation while springboarding into the next generation of AI-powered supplychain transformations. ToolsGroup congratulates the winners of the 2023 ToolsGroup Partner Awards.
Your Aftermarket SupplyChain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Traditional supplychain planning tools fall short for several key reasons: Inability to handle intermittent demand patterns.
This is the latest of the company’s significant strides toward making supplychains a force for good by helping organizations improve service levels, reduce excess stock, eliminate waste, and increase profits. Among ToolsGroup’s numerous satisfied customers is GranTerre, one of the preeminent operators in the Italian agro-food sector.
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supplychains. Indeed, when customers contact us for planning support through our COVID-19 Action Center, they are usually grappling with similar supplychain disruptions–or disconnections. .
BOSTON — July 13, 2023 — ToolsGroup , a global leader in retail and supplychain planning and optimization software, today announced the launch of Dynamic Fulfillment, a new addition to the JustEnough retail planning and execution suite.
Nowadays everyone’s writing and speaking about supplychain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage. The company’s tremendous growth resulted in a very complex supplychain network that was no longer running optimally. million SKU-Markets).
Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. This volatility necessitates advanced forecasting tools to anticipate and prepare for irregular demand patterns.
ToolsGroup brings home the prestigious award presented by Microsoft at the Inspire event. ToolsGroup is a Microsoft recommended partner in supplychain planning and an active member of the Microsoft Partner community, having also earned Microsoft’s Best ISV Solution Innovation Award in 2020.
With supplychain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supplychains and business continuity.
SupplyChain Matters provides a special edition to our column This Week in SupplyChain Management Tech. That theme is CEO turnover, which has occurred specifically among providers Resilinc and ToolsGroup. We are excited to see what the future holds for ToolsGroup under Seans leadership.
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.
BOSTON, May 12, 2021 – A new study by ToolsGroup, a global leader in supplychain planning software , and the Council of SupplyChain Management Professionals ( CSCMP ) has found that only 3% of companies experienced no COVID-related business impact, and 42% of organizations say the pandemic has accelerated their digitization plans.
Women leaders from ATD, RAJA, and TireHub among the executives elevating supplychains for competitive advantage. The Women in SupplyChain award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network.
BOSTON (June 16, 2020) – Supply & Demand Chain Executive , the only publication covering the entire global supplychain, selected Polaris to receive a “Top SupplyChain Projects Award for 2021” for its project with ToolsGroup. About Supply & Demand Chain Executive. About Polaris.
Kuznetsova is among the supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Her success as a leader both reflects and propels women’s advancement not just in supplychain, but in the professional world in general.
As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supplychain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.
The recent eP Summit conference, the Pitti Immagine event focused on the latest digital and technological innovations tailored for the fashion industry, featured approximately 800 specialized operators and an extensive program of roundtables and presentations. Here are our top three takeaways from the conference: 1.
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
Inefficient inventory management often leads to last-minute rush orders that inflate logistics costs. It’s time to invest in robust inventory management tools that empower you to make informed decisions in real-time. According to McKinsey , businesses that utilize these technologies can enhance their forecasting precision by 50%.
September 26, 2019) A new study by ToolsGroup, a global leader in supplychain planning software, and Spinnaker, a supplychain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supplychain planning. BOSTON, Mass. and HOUSTON, Tex.
This award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Every year, this award continues to amaze me.
Topping the winners for the week was software firm Oracle, up 5.1%, followed by carrier XPO Logistics, which rose 4.1%. The biggest losers for the week were software firm Descartes Systems, down 11.8%, and RFID firm Impinj, off 0.6%.
In this episode of 3 Minutes in the Loop, ToolsGroup’s General Manager for North America David Barton breaks down the reasons why there is a supplychain talent shortage, and the role of automation in the shift from tactical activities to more strategic and long-term priorities for planners. Check out the video below.
Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Many manufacturers’ supplychains struggle to face the modern challenges of volatile demand. You can see Bill’s version here on the Microsoft website and my slightly abridged version below.
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