This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.
ToolsGroup invites NRF attendees to Booth #4043 to explore its retail planning technology, including the launch of Inventory.io, designed to help businesses prepare for the unknown in 2025. Retailers are increasingly concerned about the year ahead as they grapple with potential tariffs and broader economic uncertainties.
ToolsGroup was named the leader in the 2024 SPARK Matrix™for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. For more available research, please visit [link].
In June 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — “How prepared are you today to keep your operations running as best as possible if your ERP or any of your supply chain or logistics systems.
This webinar – coming to you from Glenn’s own backyard – discusses the importance of supply chain visibility for seasonal shipping, new product promotions, and holiday ramping in the F&B and retail industries while providing sizzling secrets to creating the juiciest meats for your barbecue.
A manufacturing company, for example, can monitor real-time data from its suppliers, production lines, and distribution centers. In manufacturing, companies can track and report on carbon emissions, water usage, and waste generation, reducing their environmental footprint and improving sustainability performance.
One of my favorite examples is using e-commerce to test and learn consumer preferences before the launch of brick-and-mortar strategies in retail. I helped a manufacturer of men’s underwear grow its market share by testing price points and assortment on Amazon before the launch in brick-and-mortar stores. Each class is six weeks.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
Automotive Supply Chain: Production Shifts and Border Congestion The North American auto industry is among the largest impacted, as Mexico occupies a significant role in parts manufacturing and vehicle assembly. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Logistics systems must ensure that information about shipments flows correctly between suppliers, distributors, and retailers. • Improved Collaboration: Enhances coordination between diverse stakeholders, from suppliers and manufacturers to distributors and retailers.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Manufacturing plants are deeply entrenched; tied to infrastructure, suppliers, skilled labor, and regulatory requirements.
A manufacturing company, for example, can monitor real-time data from its suppliers, production lines, and distribution centers. In manufacturing, companies can track and report on carbon emissions, water usage, and waste generation, reducing their environmental footprint and improving sustainability performance.
The review evaluates vendors on their ability to deliver probabilistic forecasting, which QKS notes, “is no longer a strategic advantage—it’s the bare minimum for retail demand planning and supply chain resilience.” For retailers seeking agility, resilience, and automation at scale, ToolsGroup represents the benchmark.
The booths at the National Retail Federation (NRF) on January 12 th -14 th will shine brightly with AI plastered everywhere. The session is open to manufacturers, retailers, consultants, and academics. However, based on my discussions with the technologists, the real improvements to drive value will be few and far between.
Retailers know firsthand how quickly the market can change. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions.
Like any Supply Chain, Retail Supply Chains have their own unique challenges. The retail supply chain is dealing with the consumer directly and the customer really is King. So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying.
Today more than ever manufacturers, distributors, and retailers need to improve their ability to sense and respond to demand changes to fulfill their promise to their customers–and we are honored to be a part of their journey.” Read the press release here. See bios here. Read the press release here.
I talked to A101 in 2021 , and the Turkish convenience store retailer had achieved 99% autonomous planning for all products not subject to spoilage. At a division of one of the world’s largest consumer goods companies, 85% autonomy on manufacturing plans and 95% acceptance of proposed purchase orders has been achieved.
Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We In manufacturing, engineers are typically at the top of the food chain. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. How did St.
For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? The problem is that the reduction of costs within one function does not necessarily drive value. You are right.
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. A Fortune 500 retailer, for instance, reduced its procurement cycle time by 30% by leveraging an AI-driven tool to analyze supplier data efficiently. For example, U.S.-based
From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Take, for example, the retail industry.
[link] Tabish (Tab) Dayani: As the Senior Director of Sustainability Product Development at Blue Yonder, Tab specializes in building solutions to reduce emissions and waste across transportation, procurement, manufacturing, warehousing, and fulfillment processes.
We serve many of the world's leading companies across diverse industries including Manufacturing, Retail, Automotive, and Life Sciences. Our collaborative, people-centered approach drives innovation and intellectual property creation, setting us apart in the market. www.bearingpoint.com Partner Region Global
There’s alot of content noise so I find it useful to understand the market by reading what retailers are directly saying each quarter. Look for another article later this week and part 4 of the What Retailers Are Saying Series on May 18. 🙏 Retailers Tractor Supply Q1 ending March 29. billion to $1.6 Christopher J.
Manhattans Omnichannel solutions provide an operating platform for digital commerce, retailers, and wholesale businesses. Manufacturers refer to it as the shop floor to top floor disconnect. The WMS solution optimizes productivity and throughput in distribution centers and warehouses.
Monitor retail presence, availability, and promotional compliance closely. Don’t Ignore Distributor Profitability : If your partners aren’t making money, they won’t prioritize your brand. Ensure margins are fair and sustainable. Don’t Neglect Last-Mile Execution : Even the best strategy fails without strong in-market execution.
Kibo enables retailers, distributors and manufacturers to deliver seamless omnichannel experiences while optimizing fulfillment efficiency. Shipium, the modern shipping platform for enterprise shippers, recently announced a partnership with Kibo Commerce, a composable commerce platform.
BOSTON February 3, 2025 ToolsGroup , a global leader in supply chain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
Automotive: Can JIT manufacturing survive legal disruptions to tariff policy? Tariff uncertainty may prompt manufacturers to increase safety stock levels or pre-purchase materials, squeezing working capital. Every major industry now faces a unique supply chain challenge.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004.
Briana is the Vice President of Product Management for the 3PL market segment at SPS Commerce, the worlds leading retail network, connecting trading partners around the globe to optimize supply chain operations for all retail partners. SPS Commerce standardizes order formats for improved efficiency and control.
This capital will help scale the company’s Shared Autonomy Platform and expand manufacturing for its TWA Reach forklifts, which integrate AI-driven autonomy with human oversight to optimize labor and safety in warehouse operations.
The Salesforce.com model is primarily a pipeline management tool suitable for discrete markets but not process manufacturers. Relex will continue to do well in the retail market but will struggle to be a serious player in manufacturing due to the lack of thought leadership. Will this change the market? I don’t think so.
Companies are proactively acquiring electric vehicle (EV) manufacturers, battery storage providers, and related infrastructure firms to embed sustainability into their operations. imports from China declined by 10% year-over-year, while domestic manufacturing investments surged by over $100 billion.
Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.
Sellercloud serves small to mid-sized retailers, wholesalers, and manufacturers with inventory and order management systems (IMS/OMS) that help manage and synchronize inventory across multiple sales channels, while also facilitating order fulfillment.
Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. farm to distributor, distributor to retailer) is cryptographically signed using Ed25519 or ECDSA, securing the provenance of food products.
20-year industry veteran brings deep technical expertise and leadership to guide ToolsGroups next phase of growth BOSTON February 4, 2025 ToolsGroup , a global leader in supply chain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately.
Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.
Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle. This not only enhances forecasting but also amplifies the expertise of retailers and merchandisers who understand their customers best.
Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle. This not only enhances forecasting but also amplifies the expertise of retailers and merchandisers who understand their customers best.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content