ToolsGroup

FEBRUARY 9, 2022

Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. ” Sourcing and retaining talent has also led to offering its employees increased pay. Shipping and Transportation Costs. workers to over $18 an hour.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. All the shipping companies were completely, let’s say, sold out.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

ToolsGroup

JUNE 2, 2023

In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

ToolsGroup

JANUARY 8, 2019

He suggests including inputs to demand calculations such as demand transfer, competitor pricing, weather, social commentary, and shipping and returns policies. Enright adds that employing these data sources may require new solutions to model the demand. At ToolsGroup we call this “ demand modeling ”.

Supply and Demand 149

Supply and Demand Modeling Demand Planning Software Forecasting 149

Supply Chain Digest

JUNE 8, 2025

See performance for the past week, month and year for each stock and the whole index in the chart below: Source: SCDigest Feedback No Feedback on this article yet. The biggest losers for the week were software firm Descartes Systems, down 11.8%, and RFID firm Impinj, off 0.6%.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Logistics Network Optimization Software 41

Supply Chain Digest

JUNE 7, 2025

See performance for the past week, month and year for each stock and the whole index in the chart below: Source: SCDigest Feedback No Feedback on this article yet. The biggest losers for the week were RFID firm Impinj, down 8.0%, and SAP, off 5.3%.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Logistics Network Optimization Software 41

ToolsGroup

MAY 2, 2023

Omnichannel itself has changed, thanks to the proliferation of sales channels which now include in-store, ecommerce, BOPIS (buy-online-pick-up-in-store), or even ship-from-store options. The ToolsGroup team, ready for another day of great conversations and insights!

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. According to a study by Narvar , 75% of consumers have been given a refund without needing to ship back the product.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

JANUARY 6, 2022

It links business records, data sources, and systems into a centralized system and integrates seamlessly with business-critical applications. We have essentially built out a supplier development team whose only goal is to source suppliers. Lesson #5: From Shipping to Stocking, Process Matters.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

ToolsGroup

DECEMBER 2, 2021

Image source: Stefan de Kok. According to our ToolsGroup/CSCMP Digital Transformation in Supply Chain Planning report, machine learning is one of the top three technological investments supply chain leaders plan to make to transform their supply chains. 2. Improve supply chain forecasting with machine learning.

Inventory Reduction 156

Inventory Reduction Waste Reduction Forecasting Resource Reduction 156

ToolsGroup

APRIL 25, 2019

This walk, then run approach begins with establishing an adaptive, probability-based model for demand forecasting using existing historical data, then layering in more sophisticated machine learning using external data sources. Data Variety The more different types of data sources you factor in (e.g.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. Higher container costs , resulting in container-by-container decisions on what to ship. Image source: American Journal of Transportation. Macro Supply Chain Issues Caused a Ripple Effect. Container availability , leaving importers scrambling to find space. The Lack of Supply Chain Resilience, Exposed.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Enterra Insights

AUGUST 1, 2019

Alexa Cheater ( @Alexa_Cheater ), Product Marketing Manager at Kinaxis, explains, “From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. It has become a competitive weapon that could help you win the consumerism war. ” Footnotes. [1]

Optimal Sourcing 124

Optimal Sourcing Modeling Inventory Reduction Supply Chain Optimization 124

ToolsGroup

JUNE 8, 2018

Source: Gartner Research. Cycle stocks can leverage economies of scale by using economically optimum supply quantities that minimize buying, making and shipping unit costs. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Lots of margin. Not too much demand variability.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

ToolsGroup

FEBRUARY 19, 2020

This usually involves analyzing daily sell-in/ship-to demand data using short time horizons and adjusting the forecast accordingly. When sensing demand, it’s important to brainstorm all the possible, useful data sources out there that stand to improve the forecast. Incorporate sell-out data.

Supply and Demand 218

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 218

ToolsGroup

OCTOBER 3, 2023

Here’s what many modern retailers are facing with the advent of fulfillment challenges like ship-from-store programs. Perhaps reducing shipping costs? Well, there are a few shortcomings in traditional OMS sourcing logic. How does Dynamic Fulfillment help retailers reduce shipping costs and improve margins? Not a bad idea.

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 156

ToolsGroup

NOVEMBER 4, 2022

Source: Insider. In the world of Amazon two-day shipping , customers expect availability and speedy service, and meeting those expectations is pivotal for a competitive supply chain. Handpicked related content: 3 Concrete Tactics to Combat Employee Turnover and Source Staff ?. 7 Causes of Excess Stock.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

ToolsGroup

MAY 19, 2021

Early sales data can be notoriously deceptive due to channel packing—you ship a bunch of new products to distribution centers or stores to fill bins and shelves, creating an initial surge that is not necessarily a good indicator of sustainable end-user demand.

Forecasting 156

Forecasting Forecasting Software Supply and Demand Supply Chain Planning Software 156

Supply Chain Matters

OCTOBER 10, 2023

Technology providers included in this update include Amazon Web Services, Loop, Certa, Consolidated Chassis Management and ToolsGroup. OCEMA”) , an industry association consisting of 10 major international container shipping companies. CCM has been owned since its inception by the Ocean Carrier Equipment Management Association, Inc.

Supply Chain Planning Software 52

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

ToolsGroup

AUGUST 12, 2022

Buying products in-store, then having them shipped to their homes. By connecting their systems and utilizing a single source of truth for operational inventory, they can get real-time data on how transactions are affecting inventory levels across locations. Researching products in-store then buying online. Inventory Visibility.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

ToolsGroup

FEBRUARY 7, 2022

Data source: eMarketer. And based on Placer Lab’s data , the investment looks promising, with monthly 2021 monthly in-store visits up across the board in comparison to 2019: Image source: Placer.ai. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. Trust Google to have the answer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ToolsGroup

MARCH 2, 2022

Single-source suppliers. Sole-source suppliers. Suppliers shipping to manufacturing locations in highly affected regions. Gartner has this advice: “Segment your supplier audience based on their criticality to the business. This will help determine the message and communication channels to use.” ¹.

Sourcing Strategies 156

Sourcing Strategies Vendor Strategies Cost Reduction Strategies Material Savings 156

ToolsGroup

JULY 12, 2016

Planning is becoming increasingly complex; not only due to the increasing demand and supply chain complexity, but also due to the wide range of new data sources such as channel data, retail data and even web data - nearly all of which wasn’t available years ago. Why is it happening?

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 240

Supply Chain Digest

JANUARY 30, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Agile and Lean Supply Chain 32

Agile and Lean Supply Chain Manufacturing Procurement Lean Supply Chain Design Software 32

Supply Chain Digest

JANUARY 30, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Agile and Lean Supply Chain 32

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 32

Supply Chain Digest

FEBRUARY 24, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Supply Chain Performance 32

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Forecasting 32

Forecasting Optimal Sourcing Forecasting Software Supply Chain Design Software 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Agile and Lean Supply Chain 32

Agile and Lean Supply Chain Supply Chain Design Software Lean Supply Chain Planning Software 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Optimal Sourcing 32

Optimal Sourcing Case Study Optimization Software Inventory Reduction 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 32

Supply Chain Digest

MARCH 6, 2009

Parcel Shipping. ToolsGroup. 100 then divide that by the cost to ship the load. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Lean Logistics.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 32

Supply Chain Digest

JANUARY 29, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Agile and Lean Supply Chain 32

Agile and Lean Supply Chain Lean Manufacturing Procurement Supply Chain Design Software 32

Supply Chain Digest

JANUARY 29, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Cost Reduction Strategies 32

Cost Reduction Strategies Vendor Strategies Inventory Reduction DC 32

Supply Chain Digest

JANUARY 30, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Agile and Lean Supply Chain 32

Agile and Lean Supply Chain Lean Manufacturing Procurement Optimal Sourcing 32

Supply Chain Digest

JANUARY 31, 2009

Parcel Shipping. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 32