ToolsGroup

AUGUST 20, 2019

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). versus $4.84 per $1000 of revenue).

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

ToolsGroup

JANUARY 30, 2024

The challenge for retailers is that many planning tools treat wholesale as just another channel, missing the nuances that effective wholesale planning requires. In ToolsGroup’s latest JustEnough release, JE v2023.4, Optimize inventory productivity across all channels with JustEnough v2023.4 In our latest release, JE 2023.4,

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 156

ToolsGroup

MAY 4, 2020

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. Companies Share COVID-19 Response.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

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. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

ToolsGroup

JUNE 8, 2021

A proof of concept (POC) is an increasingly common method to select the best supply chain software vendor for your company, yet many supply chain practitioners still lean on the traditional RFI (request for information) tool. Software selection is risky. 6 Focus on the wrong metric.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

ToolsGroup

AUGUST 20, 2019

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). versus $4.84 per $1000 of revenue).

Supply Chain Planning Software 136

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

ToolsGroup

SEPTEMBER 30, 2019

By George Fowler, group vice president, Spinnaker Supply Chain. ToolsGroup and Spinnaker recently partnered up on a digital transformation study, and we found that only 7% of responding companies are reaping the benefits of digital transformation of supply chain planning. What’s driving you, or holding you back?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 168

Supply Chain Shaman

NOVEMBER 3, 2015

As an analyst in the battered supply chain software market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. For those who are new to reading the Supply Chain Shaman blog, let me begin my analysis with a disclaimer.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. When social media product promotions overwhelm supply chains.

Supply and Demand 156

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

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 Does AI Work? Computer Vision.

Manufacturing Procurement 156

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

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supply chain innovation. History of Terra Technology.

Supply Chain Planning Software 150

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

ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

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

ToolsGroup

MARCH 5, 2019

Supply chain planning in emerging markets is different. Now supply chain professionals have another different set of challenges on how to get product to the entire country where consumer-oriented outlets (i.e. Here’s what we found: 1. fast food or retail) are rapidly expanding. Transfer taxes.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Supply Chain Insights

JANUARY 18, 2018

Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition. For the purposes of clarity, in this article, the term digital supply chain is the transformation of the atoms and electrons within the supply chain to unleash new levels of value. The reason?

Prescriptive Analytics Software 197

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

ToolsGroup

JANUARY 22, 2020

I want to let you in on a secret: software companies are happy to sell you something you don’t need. For example, I get many requests for business intelligence (BI) tools; mostly because they want to monitor symptoms. For example, I get many requests for business intelligence (BI) tools; mostly because they want to monitor symptoms.

Optimization Software 199

Optimization Software Inventory Reduction Forecasting Software Supply Chain Planning Software 199

ToolsGroup

NOVEMBER 27, 2018

Companies are seeking to implement (or re-implement) planning technology solutions, tune and optimize existing methodologies towards tighter variances, and integrate more accurate information into their planning processes. It seems as if everyone is looking to improve their forecasting performance.

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214

ToolsGroup

MARCH 3, 2022

Targeting favorable weather time periods and regions/markets enable companies to capture sales from receptive audiences and improve ROAS (return on advertising spend) and other key metrics. Where can retailers expect to save money from a modern merchandising system? Download your free report ?

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

ToolsGroup

MAY 9, 2024

In today’s dynamic retail landscape, promotions are undeniably a potent tool for driving sales and customer engagement. Retailers rely heavily on promotions, which can account for between 10% and 45% of their total revenues, according to research from Boston Consulting Group.

Resource Reduction 156

Resource Reduction Cost Reduction Strategies Retail Procurement Analytics 156

ToolsGroup

APRIL 27, 2022

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. Implement Time Management Software.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

ToolsGroup

NOVEMBER 15, 2016

In 2016, it seemed as if everyone in supply chain was looking to improve their forecasting performance. Companies sought to implement (or re-implement) planning technology solutions, tune and optimize methodologies towards tighter variances, and integrate more accurate information into their planning processes.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Supply Chain Shaman

APRIL 17, 2013

Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives? As a writer of research on demand-driven supply chains for over eight years, I find many amusing. Supply chain leaders feel stuck. Their current technologies are inadequate.

Supply Chain Design Software 257

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 257

ToolsGroup

APRIL 25, 2019

In fact, supply chain executives put demand forecasting and supply chain planning at the top of the list of how they initially plan to use AI. While demand planning and machine learning may go together like peanut butter and jelly, successfully harnessing this technology requires careful consideration and preparation.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Supply Chain Shaman

OCTOBER 8, 2017

I know of few areas in supply chains discussion that raise as much dialogue or ire. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” Many companies implemented demand management processes as a technology project. Everyone has a bias.

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

ToolsGroup

APRIL 26, 2023

This is why ToolsGroup is excited to announce significant enhancements to our JustEnough Dynamic Retail Planning & Execution solution. has fundamentally shifted the narrative on what is possible with ToolsGroup’s retail planning solution. Debuting ToolsGroup JustEnough Officially announced in January, v2023.1

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

ToolsGroup

DECEMBER 16, 2021

Retailers face more competition than ever before due to the evolution of technology that has morphed the traditional shopping experience from being purely physical into the digital and omnichannel realm. In building market share and increasing customer satisfaction, there are three key benefits in utilizing open-to-buy planning software.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

ToolsGroup

MARCH 1, 2016

Today we interview Bob Ferrari, executive editor of the blog Supply Chain Matters ( www.theferrarigroup.com/supply-chain-matters ) and founder and managing director of the Ferrari Consulting and Research Group. What originally got you interested in supply chain?

Supply Chain Planning Software 120

Supply Chain Planning Software Predictive Analytics Software Analytics Software Supply Chain Software 120

ToolsGroup

APRIL 1, 2022

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ToolsGroup

SEPTEMBER 17, 2019

This foundation has been the basis for automated replenishment systems for many years, but like everything in supply chain today, it’s more complex than that, and the traditional replenishment approach has a lot of “noise” in how it’s calculated. The answer comes with being able to identify and track each causal effect.

Supply and Demand 159

Supply and Demand Demand Planning Software Forecasting Forecasting Software 159

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. This helps identify causes of error, and which new forecasting techniques/technologies could correct the situation. Look for a broader supply chain planning solution that also addresses inventory.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

ToolsGroup

MAY 3, 2016

If you (or your boss) are measured by your company's Return on Invested Capital (ROIC) or a similar metric, then you want to turn assets into cash. Most companies have some form of supply chain systems to manage inventory from production through delivery. Inventory optimization is one proven way to do it.

Optimal Sourcing 120

Optimal Sourcing Modeling Inventory Reduction Optimization Software 120

ToolsGroup

MARCH 9, 2021

In episode seven of Be Ready for Anything, industry insider Bob Ferrari discusses the pivotal factors affecting global supply chain revitalization in the coming year. Discover how to pinpoint your investments in supply chain management and regain your balance, even in a shifting marketplace. Take a listen!

Predictive Analytics Software 156

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

ToolsGroup

MARCH 18, 2019

Therefore, traditional push-driven supply chains are wholly unfit for this situation. 1] Mohawk sought to profit from the resurgent demand for ‘ analog experiences ’ by owning the fine paper space and transforming its extended supply chain. They also cut inventory levels, grew sales and resolved capacity issues.

Supply Chain Planning Software 228

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

ToolsGroup

JANUARY 4, 2018

The annual Gartner Supply Chain Technology User Wants and Needs Study is one of the most comprehensive studies of supply chain users. Stages 2 and 3 supply chain organizations have made progress, but continue to focus internally on improving process orchestration horizontally within the company.

Gartner 168

Gartner Supply Chain Planning Software Supply Chain Software Study 168

ToolsGroup

AUGUST 29, 2017

Gartner measures supply chain analytics maturity across seven different dimensions. There are supply chain and demand analytics models that describe the type of analytics being deployed (e.g., Gartner reports a strong correlation between supply chain organizations that use analytics and improved business performance.

Modeling 189

Modeling Prescriptive Analytics Software Analytics Software Modeling Software 189

ToolsGroup

OCTOBER 4, 2016

There has been a lot of news about driverless cars, and at the Supply Chain Insights Global Summit there was also some news about “driverless” supply chain planning when two companies described supply chain planning with almost no human intervention. So what about driverless supply chain planning?

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 254

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] What does that mean?

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Gartner 100

Supply Chain Shaman

JUNE 6, 2015

The premise of the Christensen’s book is that when companies focus on current customer needs, they fail to adopt new technologies or business models that will meet the customer’s unstated or future needs. I think that IBM, HP, Microsoft, Oracle, SAP and Teradata are victims today in the information technology sector.

Supply Chain Planning Software 150

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