ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

AUGUST 20, 2019

Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Those companies also reduced planning spend.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

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 18, 2019

It bought its main rivals to become North America’s largest fine paper manufacturer. [1] To overcome historical obstacles, Angleson set three ambitious goals: Change the relationship between the manufacturer and distributor from manipulation to collaboration. Improving culture, service levels and profitability.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

Supply Chain Shaman

APRIL 17, 2013

These technologies include the work by Terra Technology and ToolsGroup. I also like the work that is happening at the Demand-driven Institute on the redesign of manufacturing to be more demand driven. Over the last decade, the only metric that we have improved is revenue/employee (see below). It is clear that math matters.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Supply Chain Insights

JANUARY 18, 2018

This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Manufacturers and retailers are bundling goods and services to drive solutions. The differences between retailers and manufacturers will continue to blur. New models evolve based on the Art of the Possible. The focus will be on outcomes.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Digest

JUNE 19, 2025

metric tons of CO2 equivalent per million USD in revenue, down 58% from FY09 levels, despite daily package volumes rising by an average of 121%. FedEx says that since 2005, aviation emissions intensity (the amount of emissions per unit of activity) has dropped 31% and the company is aiming for a 40% reduction by 2034.

Supply Chain Planning Software 41

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Vendor Strategies 41

ToolsGroup

APRIL 1, 2022

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Consultancy UK). Source: Consultancy.UK. Deloitte Global).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ToolsGroup

SEPTEMBER 22, 2020

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. At ToolsGroup we’re strong believers in demand sensing as another way to keep your finger on the pulse of consumer demand.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Planning Software Supply Chain Design Software 156

ToolsGroup

AUGUST 29, 2017

They cite manufacturers and retailer benefits such as 20% reduction in inventory, 10% improvement in customer service levels, 10% increase in revenue, and 25% increase in available capacity. a CPG manufacturer creates forecasts for a new product launch, then adjusts replenishment plans based on retail partner downstream data.

Modeling 189

Modeling Prescriptive Analytics Software Analytics Software Modeling Software 189

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. How lean retail impacts business goals and revenue targets.

Agile and Lean Supply Chain 156

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

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Test new solutions against the traditional demand sensing providers of E2open (Terra Technology), SAP and ToolsGroup.

Supply and Demand 199

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 199

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

Supply Chain Shaman

MARCH 8, 2016

While ToolsGroup and SAP (with the acquisition of SmartOps) are the nearest competitors, Terra prided itself on delivering better decisions through better math. There is greater dependency on third parties for manufacturing and sourcing. The founders remain, and the company is private, and tightly-held. The Path Forward.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

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] Footnotes. [1]

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Gartner 100

ToolsGroup

DECEMBER 16, 2021

Retailers should consider augmenting it with other metrics, such as inventory turnover, sales to stock ratio, SKU behavior, and strategy forecast accuracy by demand point (stores and warehouses). This goes back to a very simple manufacturing principle, that work in process inventory is far from ideal.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

Supply Chain Shaman

JUNE 6, 2015

He discussed the adoption of the steam engine and the electric motor in the manufacturing sector. Today, we take these technologies for granted, but the electric motor was the genesis of the horizontal manufacturing plant. Alan spoke on the impact on business economies with the adoption of technologies.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ToolsGroup

MARCH 1, 2018

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. The analogy is pruning a garden.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

ToolsGroup

MAY 15, 2024

Decision-centric planning serves as a catalyst, nurturing a culture of continuous improvement by actively soliciting feedback, meticulously analyzing performance metrics, and flexibly adjusting strategies.

Supply Chain Planning Software 177

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 177

ToolsGroup

MAY 27, 2025

The manufacturing landscape has undergone a dramatic transformation in recent years. In this new reality, effective perpetual inventory management has emerged as a critical differentiator for manufacturers striving to optimize working capital, maximize profitability, and maintain customer satisfaction simultaneously. In fact, U.S.

Manufacturing Procurement 156

Manufacturing Procurement Optimal Sourcing Inventory Reduction Inventory 156

ToolsGroup

MARCH 9, 2021

So what are the expectations in terms of financial recovery and manufacturing activity, and how will those affect the way companies strategize their investment in supply chain management moving forward? Mary Vasile: So let’s delve into manufacturing a little bit more. supply and manufacturing capability in these areas.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156