ToolsGroup

MARCH 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

ToolsGroup

MARCH 31, 2025

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. The result?

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

MAY 19, 2022

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. The myth of the “perfect plan”.

Optimal Sourcing 306

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 306

ToolsGroup

MARCH 30, 2022

It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. Supply chain optimization allows us to guarantee product availability for our boutique shoppers. Optimized transport.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

Logistics Viewpoints

AUGUST 28, 2024

As a result, DPPs are emerging as a straightforward, common sense solution for meeting these needs efficiently. AI and machine learning tools identify patterns, predict issues, and suggest ways to optimize operations. Overall, AI ensures that DPPs are not just a fixed record but an active tool for improving performance.

Optimal Sourcing 315

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 315

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 295

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 295

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Are there limits to the number of models?” “Can

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Silvon Software

MAY 6, 2025

Thats why modern BI systems are quickly becoming the go-to solution for data-driven enterprises. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. BI Has Come a Long Way The concept of business intelligence has been around for decades.

Prescriptive Analytics Software 88

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Planning Software 88

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Logistics software is your ace in the hand, before, during and after the peaks.

Logistics Network Optimization Software 299

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 299

ToolsGroup

MARCH 25, 2025

Beyond simply improving forecast accuracy, todays ML-powered demand forecasting software uncovers hidden supply trends, anticipates pricing fluctuations, and enables proactive supply chain planning decisions. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

ToolsGroup

JANUARY 21, 2025

Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Supply Chain Shaman

NOVEMBER 11, 2020

Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business. Kinaxis Purchase of Rubikloud. They are just too risky. Talent Demand.

Supply Chain Design Software 362

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 362

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. The supply chain design solution, for example, continues to grow in depth and usability.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 278

Supply Chain Shaman

NOVEMBER 21, 2022

” As I dipped my spoon into some scrumptious chestnut soup at a great restaurant, my companion asked, “With the advancements in optimization and self-learning, aren’t we close to having self-driving supply chains?” I started with, “How can I help you?” “ Reflection. The facts are clear.

Supply Chain Planning Software 376

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 376

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. Instead of relying solely on a single, monolithic AI model (based on a massive large language model), a company can orchestrate a team of specialized agents, each leveraging the best AI or mathematical technique for its specific task.

Negotiating Skills 200

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 200

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have? Physical change (i.e.,

Modeling 312

Modeling Analytics Software Supply Chain Design Software Optimization Software 312

Logistics Viewpoints

JUNE 8, 2023

However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price. Another crucial factor is the pace of innovation.

Modeling Software 278

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 278

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 321

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 321

Logistics Viewpoints

AUGUST 23, 2021

Those include trust issues, the operating model, and technology. A SCCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. The LevaData solution, for example, speeds up sourcing significantly.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 299

ToolsGroup

NOVEMBER 8, 2021

Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. 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.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

RFgen

NOVEMBER 13, 2024

It’s like having a magic wand that optimizes inventory levels, prevents shortages, and sharpens your demand forecasting—all from your smartphone. Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time.

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

ThroughPut

OCTOBER 18, 2024

CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. Growing at an overwhelming rate of 11.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

Supply Chain Shaman

JUNE 28, 2021

The group needed a clear market signal on consumption patterns and the translation of demand with minimal latency to optimize price, mix, and schedule the factory to manage margin. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 322

Supply Chain Shaman

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. He feels that based on his years of experience with a software provider, he has a whizzbang technology. The approaches add waste and increase risk when companies think that they are investing in solutions to do the opposite.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand Latency: The latency of demand signal due to demand translation of a customer purchase through the supply chain to an order for a trading partner.

Supply and Demand 393

Supply and Demand Modeling Demand Planning Software Forecasting 393

Logistics Viewpoints

SEPTEMBER 18, 2024

In this context, companies are looking for trusted solution providers that can help them design the most efficient plan and support them in the transition to ensure adoption of the new technologies. For solution providers, it offers insights into their market position, strengths, weaknesses, and growth opportunities.

Chemicals 231

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 231

Logility

SEPTEMBER 1, 2023

Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation. By using AI, demand forecasting models can identify patterns and connections within the data, leading to more accurate predictions. However, traditional forecasting methods often fall short in accuracy.

Forecasting 176

Forecasting Forecasting Software Demand Planning Software Modeling 176

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. We’re talking real-time tracking, automated purchasing, and a whole lot less stress.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The distribution models were never tested when implemented. As a result, after four years of the initial go-live, the team blindly used planning models, distorting the plan. Or planned orders to purchase orders?) I encourage all to backcast to test and improve their models.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Logistics Viewpoints

MARCH 1, 2021

The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool.

Modeling 281

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 281

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

SCMDOJO

OCTOBER 23, 2024

In this blog, we will explore and compare the supply chain courses available on both platforms, diving deep into aspects such as focus and specialization, pricing, availability of practical tools, ease of use, and more. Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 88

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 252