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I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Acquisition coincides with significant new growth investment from Accel-KKR.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
Nespresso’s complex coffee supplychain. Nespresso addressed this challenge by digitizing its end-to-end supplychain – from demand forecasts to order deliveries to points-of-sale—thanks to ToolsGroup’s digital supplychain planning platform. What drove Nespresso’s supplychain planning project?
Businesses around the world are learning to adapt as best they can to the COVID-19 supplychain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supplychains. Rafael: It has been a really helpful tool with which to go through this crisis.
Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supplychain management. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.
Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supplychain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supplychain professionals around the world.
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supplychain planning across multiple countries. This move automates their omnichannel supplychain planning and shifts them from a supply-driven to a demand-driven model.
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. Here are the key insights we gathered firsthand at this year’s event.
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychain planning software. Let’s face a hard fact: the supplychain planning market is a mess. Most have purchasedsoftware, but are dependent on Excel spreadsheets.
MILAN and BOSTON, July 21, 2020 – ToolsGroup, a global leader in supplychain planning software, and COPAN Group, the world leader in the production of pre-analytics and bacteriology swabs, viral transport media, and systems for molecular biology, announced today a joint initiative to fight the COVID-19 pandemic.
ToolsGroup digital supplychain planning and optimization is now available as a Microsoft Dynamics 365 business application. Supplychain management is one of the key areas of interest of companies to help them predict disruptions and respond quickly to market changes,” said Emily He, CVP, Business Applications, Microsoft.
BOSTON, February 16, 2022 : ToolsGroup , a global leader in supplychain 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.
Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. Combined with continued supplychain challenges, these trends accelerated POOLCORP’s desire to create a more robust and resilient supply network.
Boston and Milan, 15 December 2021 – ToolsGroup, a global leader in supplychain 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.
Selecting the right supplychain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supplychain strategy and business objectives. It requires many changes for an organization.
BOSTON (May 31, 2022) – ToolsGroup , a global leader in supplychain 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.
Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supplychain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment softwaresolutions to retailers.
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.
As an analyst in the battered supplychainsoftware 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 SupplyChain Shaman blog, let me begin my analysis with a disclaimer.
ToolsGroup will support Emma’s goal of creating a resilient, intelligent supplychain process to fuel the company’s growth. However, this speed of expansion made Emma’s supplychain planning process considerably more difficult. MUNICH & BOSTON — 23. million in 2020.
This is just the latest of the company’s significant strides towards making supplychains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. Business leaders today are looking for new ways to improve the resilience and agility of their supplychains. Version 8.60
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
CAGR from 2024 to 2032 , the aftermarket sector is becoming more competitive, especially with the rise of electric vehicles (EVs), increasingly sophisticated technologies, and fluctuating customer demands. Moreover, the proliferation of e-commerce is reshaping how aftermarket products are purchased. billion by 2032, growing at a 3.5%
Over the past 24 months, many retailers were caught between the dual forces of fast changes in consumer demand and supplychain disruptions. Being able to pivot quickly prevents unplanned discounting and margin erosion,” noted Inna Kuznetsova, CEO of ToolsGroup. About ToolsGroup.
At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supplychain challenges. Take it from our CEO, Inna Kuznetsova: As businesses continue to face significant and ongoing supplychain disruptions, demand and supply planners need to be able to act quickly and decisively.
Named a SupplyChain leader in annual list of most innovative and transformative retail technologysolution providers. In making this selection, Retail Today’s editorial team has analyzed the universe of Retail solutions in 16 categories—scanning nearly 7000 applicants and nominees. About ToolsGroup.
Distribution industry supplychains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Better visibility of supply requirements. Smarter purchasing to outpace competitors.
As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supplychain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Think about these supplychain networks for a moment.
As an analyst in the supplychain 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 supplychain innovation. History of Terra Technology.
Selecting and implementing a new supplychainsolution is a risky career move for any supplychain manager. The wrong solution can cost the company millions and cost the manager their job. The truth is, with a major software selection, both the customer and the vendor are deeply invested in the process.
With all the buzz around digital transformation, someone peering in from outside supplychain may assume most businesses have already digitized essential tasks like inventory planning. Traditional supplychainsolutions were not designed for high variability demand.
When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supplychain complexities and analytics required to ensure the fashion items you’re craving are in-stock. shorter product life cycles, and often protracted supply lead times. 1) [link]. (2)
As a writer of research on demand-driven supplychains for over eight years, I find many amusing. The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. Supplychain leaders feel stuck. Why is this happening?
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase.
The award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supplychain for competitive advantage. In the midst of the pandemic and other events that remind us uncertainty is a constant, Rob and Mauro have shown their mettle,” said ToolsGroup CEO Joseph Shamir. “In
I’ve worked in enterprise supplychaintechnology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. The truth is women have long been underrepresented in supplychain leadership. Q&A with three inspiring women in supplychain.
As the COVID-19 outbreak progresses, I’ve been watching the effects on supplychains and the impact of true demand (N95 masks) versus hyped demand (toilet paper). Both examples are currently seeing stock-outs, but the toilet paper shortage is more of a logistics issue than a physical supply problem. Post-crisis recommendations.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Your company has an older supplychain planning (SCP) system of record (SOR) like SAP APO that was developed in the 1990s. This blog and the complete document (available for download) describes goals, technologies and approaches for getting there. You plan your supplychain to guarantee your service level outcomes.
Supplychain 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 supplychains. retail stores.
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