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ToolsGroup has a long history of innovating with our customers in mind. It’s also why so many of our customers are eager to share their supplychain success – and have even won awards of their own in partnership with ToolsGroup! Thank you to our customers and partners from across the supplychain industry!
BOSTON (May 13, 2019) – ToolsGroup, a global leader in supplychain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. I am delighted to welcome David to the ToolsGroup team,” said ToolsGroup CEO Joseph Shamir. About ToolsGroup.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
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week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. Buying supplychain planning software is hard.
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. The result?
There’s still a strong demand for supplychain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. . Supplychains will likely be structured in a radically different way.
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. The result?
ToolsGroupsupplychain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. As a result, we need to have more than 20,000 SKUs in stock,” explains Pierre-Jean Coltat, procurement and planning manager at Allopneus. NEWS RELEASE.
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supplychain planning–and changed supplychain from a practitioner-focused topic to everyday dinner table conversation. Digital supplychain transformation will accelerate.
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supplychains. Indeed, when customers contact us for planning support through our COVID-19 Action Center, they are usually grappling with similar supplychain disruptions–or disconnections. .
Lennox to Highlight How It Worked with ToolsGroup to Transform to Service-Driven SupplyChain Planning. BOSTON (April 17, 2019) – ToolsGroup, a global leader in supplychain planning software, today shared it will exhibit and present at the American SupplyChain Summit 2019 , taking place April 25-26 in Dallas.
Utilising the ToolsGroup Service Optimizer 99+ (SO99+) replenishment software model, future inventory positions are shown considering all the supplychain parameters. Figure 1: The stock projection of an item with a 100-day lead time showing multiple stock-outs before more inventory can be procured.
With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supplychain network. Every supplychain decision a company makes either supports its priorities or endangers them,” says ToolsGroup CEO, Inna Kuznetsova.
Women leaders from ATD, RAJA, and TireHub among the executives elevating supplychains for competitive advantage. The Women in SupplyChain award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network.
BOSTON (June 16, 2020) – Supply & Demand Chain Executive , the only publication covering the entire global supplychain, selected Polaris to receive a “Top SupplyChain Projects Award for 2021” for its project with ToolsGroup. About Supply & Demand Chain Executive. About Polaris.
BOSTON (June 18, 2020) – Supply & Demand Chain Executive , the executive’s user manual for successful supply and demand chain transformation, has selected ToolsGroup as a recipient of an SDCE 100 Award for 2020. ToolsGroup’s project with Franke.
With supplychain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supplychains and business continuity.
Kuznetsova is among the supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Her success as a leader both reflects and propels women’s advancement not just in supplychain, but in the professional world in general.
This award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Every year, this award continues to amaze me.
This shows hope that one day, we won’t need an award like this because men and women in the supplychain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. From truck drivers to CEOs, what these winners are doing matters to the future of all supplychains.” “I’m
Many companies have stepped up their supplychain planning digital transformation programs to overcome today’s supplychain challenges. Given the supplychain’s strategic importance and the amount of change currently underway, there’s never been a more momentous or exciting time to work in the profession.
At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. In their new roles, these “global planners” have the power to decide and change supply plans globally. Jörg Schlager describing SKF's Integrated Planning (Source: Optilon).
Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Streamlined Lead Times: Improved procurement efficiency potentially resulting in cost savings from optimized shipping arrangements and favorable supplier terms.
The growing momentum around systems-based thinking in supplychain planning has given rise to a new concept called the “digital twin”. It allows you to accurately test the resilience of a complex, multi-echelon, global supplychain. How do you go about building a supplychain twin?
September 26, 2019) A new study by ToolsGroup, a global leader in supplychain planning software, and Spinnaker, a supplychain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supplychain planning. BOSTON, Mass. and HOUSTON, Tex.
It’s been an interesting decade for supplychain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. A major theme at the recent Gartner SupplyChain Planning Summit was that corporate winners accelerate through economic turns.
As supplychains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supplychain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.
It drives a supplychain planning gal like me crazy. The traditional world of supplychain planning managed inputs into a data model to drive outputs. Traditionally, great supplychain planning was not about implementation. Credit for this image goes to ToolsGroup. A Look Back. Evolution Issues.
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.
BOSTON, March 17, 2021 – ToolsGroup, a global leader in supplychain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.
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
Building a customer-focused, digitally enabled supplychain comes with its challenges, but the benefits make the effort worthwhile. In addition to decreased costs, digital supplychain transformation can increase revenue 10% by creating a better customer experience and new routes to market. Greater access to markets.
Capturing and leveraging large quantities of data for improved forecasting, demand analytics and supplychain planning is now pretty much a given. Many are wondering if SAP HANA will be a good in-memory computing platform for capturing the data that will feed processes such as supplychain planning. And at what price?
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 supplychains for over eight years, I find many amusing. Supplychain leaders feel stuck. They are piling up on my desk. It is still early.
Yet another aftershock of the COVID-19 pandemic, computer and hardware chips have been slow to recover amidst uncertain market conditions and a worldwide supplychain that was completely unprepared to deal with the impact. How does production planning fit into the supplychain planning process? In layman’s terms?
One area in which there is no shortage predictions is the supplychain. Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supplychain continues to undergo almost unparalleled levels of change. Supplychain trends. ”[1]. ”[1]. ” 5.
Digital twins in the supplychain. ” Alicia Oriol, a Telecom Global Business Development consultant at ToolsGroup, notes, “[A digital twin] allows you to accurately test the resilience of a complex, multi-echelon, global supplychain.”[2] Leveraging digital twins for supplychain planning.
Source: SupplyChain Digest. What does it take to create an award-winning supplychain? Last month, Lennox Residential was runner-up in the 2015 Council of SupplyChain Management Professionals (CSCMP) SupplyChain Innovation competition, arguably the top supplychain award in North America.
A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supplychain technology. Regardless of the trend “ du jour” in supplychain, Klappich says that “strategic gravity” consistently pulls companies back to the fundamentals. Fundamentals matter. Fundamentals matter.
In fact, I can say from experience that supplychain planning automation that increases productivity can be a difficult sell, reminiscent of the scene from the movie Moneyball where Oakland Athletics manager Billy Beane (played by Brad Pitt) tells a room full of scouts that Jonah Hill’s character represents the new way forward.
The idea of the locker is the latest addition to the growing menu of e-commerce delivery options,” says Kent Savage, CEO at Apex SupplyChain Technologies. “It Supplychain planning can address this added complexity. Or it can be placed at the location of a special event.”. Of course, none of this matters to customers.
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. It is a story of supplychain innovation. The products of Terra Technology are unique, but poorly understood by the mainstream supplychain team.
AI technology is continually revolutionizing how equipment and humans operate on the manufacturing shop floor as well as improving the behind-the-scenes supplychain planning operations. At the same time, consumer demands keep changing depending on product qualities, pricing , and supplychain constraints.
In Lora Cecere’s SupplyChain 2020 study, the Internet of Things (IoT) was considered one of two disruptive technologies with the greatest potential impact on supplychain effectiveness, above technologies such as 3D printing and robotics. Editor’s note: Due to the upcoming holidays, this will be our last blog for 2018.
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