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BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management business. Agile supply chain management remains a core mission that manufacturers, distributors and retailers must get right.
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 supply chain success – and have even won awards of their own in partnership with ToolsGroup! ToolsGroup has also been named a FeaturedCustomers 2023 Top Rated Software and Hot 100 Vendor.
BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton’s appointment comes at a time of rapid expansion for ToolsGroup, with double-digit growth of its North American business in 2018.
Once upon a time, the world of manufacturing was a relatively stable place. So how does a manufacturer navigate this rollercoaster? According to Gartner , these issues can lead to missed manufacturing deadlines and wasted capital. In fact, recent data shows that manufacturer inventory levels are up nearly 10% year over year.
BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. About ToolsGroup. Source: [link]. Access the SPARK Matrix™.
This sector is driven by several factors, including the ageing vehicle population, the rise of e-commerce platforms , and technological advancements in vehicle manufacturing. Moreover, the proliferation of e-commerce is reshaping how aftermarket products are purchased.
The Salesforce.com model is primarily a pipeline management tool suitable for discrete markets but not process manufacturers. Legacy players like Adexa, Arkeiva, Gains, E2open, Orchestr8 Solution, and ToolsGroup will be bought and sold with little impact to the market. This is despite the strengths of the recent purchase of Optimity.
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.
No effort required to set up (careful data sourcing and data preparation is fundamental). While this can be framed in many ways, at ToolsGroup we found a useful approach is clustering the profiles in the past and using classification for scoring in the future. Company A is an eyewear manufacturer.
ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. As a result, we need to have more than 20,000 SKUs in stock,” explains Pierre-Jean Coltat, procurement and planning manager at Allopneus. NEWS RELEASE.
Global supply chains are fundamentally rearranging and there’s a lot of reflection on how the urge to optimize efficiency (whether it was offshoring manufacturing to keep labor costs down, or making supply chains very lean to cut inventory costs) made supply chains more fragile.
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.
BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.
However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities. The result?
BOSTON — January 16, 2023 — ToolsGroup , a global leader in retail and supply chain optimization software, today introduced the launch of Inventory Hub®, a Dynamic Data Unification Platform that provides retailers with a “single source of truth” for inventory data across their enterprises. “As About ToolsGroup.
Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world. About ToolsGroup. About CSCMP.
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. ToolsGroup’s global leadership and local presence in Greece made SO99+ the clear choice for our advanced supply chain needs” stated Tilemachos Stylianos, Chief Development Officer of Fais Group.
ToolsGroup digital supply chain planning and optimization is now available as a Microsoft Dynamics 365 business application. About ToolsGroup. ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes. Visit SO99+.
However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities. The result?
FeaturedCustomers is the leading customer success content marketing platform for B2B business software and services, helping potential B2B buyers make informed purchasing decisions through vendor-validated content. ToolsGroup earned a Market Leader award in the category. See ToolsGroup’s listing on FeaturedCustomers here.
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. Solutions enable real-time inventory availability and fulfillment optimization for retailers.
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.].
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.
Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Smarter purchasing to outpace competitors. One of our customers sources materials from a global network with long lead times.
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. ToolsGroup is a global provider of service-driven supply chain planning and demand analytics software.
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.
The unique combination of intermittent demand, multiple supply sources, and variable product lifecycles makes spare parts exceptionally challenging to forecast accurately. The transformation began when they implemented ToolsGroups AI-powered inventory optimization solution.
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 Business leaders today are looking for new ways to improve the resilience and agility of their supply chains. We call this dynamic planning.
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.
Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. About ToolsGroup. For more information, follow ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com. . About Pool Corporation.
BOSTON (May 31, 2022) – ToolsGroup , a global leader in supply chain 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.
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. About IDC MarketScape.
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. But that’s not the only shift in manufacturing. Colin: What kind of results have customers seen with ToolsGroup MEIO?
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.
Boston and Milan, 15 December 2021 – ToolsGroup, a global leader in supply chain planning and optimization software, is proud to announce that it has joined the Microsoft Partner Pledge, an initiative with the aim of promoting a sustainable environmental future. About ToolsGroup.
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 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.
The unique combination of intermittent demand, multiple supply sources, and variable product lifecycles makes spare parts exceptionally challenging to forecast accurately. The transformation began when they implemented ToolsGroups AI-powered inventory optimization solution.
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.
Back in 2019, Joseph Shamir , Founder of ToolsGroup, wrote, “If the last decade has taught us anything, it’s to expect the unexpected — from extreme weather events to endless political psychodramas to tech startups disrupting whole industries. ” • Implement digital and automated manufacturing. … My conclusion?
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.
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.
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. But that’s not the only shift in manufacturing. Colin: What kind of results have customers seen with ToolsGroup MEIO?
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!
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