ToolsGroup

JANUARY 21, 2020

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. ” Choosing ToolsGroup. About ToolsGroup. ToolsGroup is a global provider of service-driven supply chain planning and demand analytics software.

Optimal Sourcing 35

Optimal Sourcing ToolsGroup Inventory Reduction Optimization Software 35

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

JULY 13, 2023

Trying to manage an effective ship-from-store program only exasperates this issue. This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution. This approach suffices only when optimizing for a single objective (such as shipping cost reduction) or a single channel.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

ToolsGroup

JANUARY 25, 2022

The new infrastructure bill invests $17 billion for shipping ports , but Ruda maintains “We can’t build our way out of this problem. ToolsGroup is how retailers, manufacturers and distributors improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes.

Waste Reduction 294

Waste Reduction Vendor Strategies Price Reduction Inventory Reduction 294

ToolsGroup

SEPTEMBER 8, 2021

It is a solution that, in a nutshell, helps you decide how much of a product to produce and ship across your supply chain according to a number of different factors, including cost, time-to-production, demand, market and/or supplier restraints, and much more. So first off: What is production planning?

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Forecasting 156

ToolsGroup

JUNE 6, 2022

BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers. About ToolsGroup.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

ToolsGroup

OCTOBER 10, 2023

It examines multiple objectives and factors like shipping costs, location-specific operational behavior, and store demand, and then analyzes every permutation – in subseconds. 1 – Ship Cost The first component is ship cost. #1 1 – Ship Cost The first component is ship cost. What do we mean by expected revenue ?

Purchasing Skills 156

Purchasing Skills Network Optimization Supply Chain Optimization Price Mitigation Strategies 156

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

SEPTEMBER 15, 2020

It’s the perfect tagline for ToolsGroup as our solution really does help businesses to be ready for the real world — which we all know rarely follows the rules. As I look at it, ToolsGroup has fared well in part because our marketing had already undergone significant digital transformation in recent years.

ToolsGroup 234

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 234

ToolsGroup

AUGUST 23, 2016

This week Manoranjith Pathekkara, managing director of ToolsGroup's partner in India LogicaMatrix ( www.logicamatrix.com ), digs into an area where many companies are breaking through that ceiling. The ability to use downstream data - This could be ship-to data, VMI feeds, POS data, collaborative planning, etc. Most likely.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Forecasting 120

Enterra Insights

DECEMBER 4, 2019

Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop. Alex Achour, a Sales Engineer with ToolsGroup, insists various forms of AI, like machine learning, can help brands and retailers better cope with the volatility of the holiday shopping season. Footnotes. [1]

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

ToolsGroup

AUGUST 1, 2022

According to a study by Narvar , 75% of consumers have been given a refund without needing to ship back the product. Consider utilizing online tools to generate return shipping labels, text notifications, send email updates, or support a seamless omnichannel return experience through use of your store’s app.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

JANUARY 22, 2020

Sales might have promised better sales, a buyer might have been stung in the past by an out-of-stock and over compensated, a miss-ship of the vendor might have happened and the warehouse didn’t notify the planner, or consumer behavior might have changed and wasn’t noticed until the days of supply threshold was crossed on a BI report.

Optimization Software 199

Optimization Software Inventory Reduction Forecasting Software Supply Chain Planning Software 199

ToolsGroup

MAY 28, 2019

Here are a few places these themes popped up at the conference and how we can tie them back to a subject we love here at ToolsGroup: supply chain planning. We place an online order and want each item as fast as possible, even the same day, but oh by the way we also want the vendor to prioritize sustainability and use less shipping packaging.

Gartner 24

Gartner Supply and Demand Supply Chain Planning Software Conference 24

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. Shipping and Transportation Costs. Consumer Spend on Subscriptions: A Pivot From Streaming to Shipping. Well, that is indeed one way to attract talent!

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

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

NOVEMBER 23, 2021

Shipping providers also slashed capacities. Everyone is asking, “why can’t I get my stuff?”. In layman’s terms, COVID-19 demand changes hit manufacturers and retailers hard, and they had to drastically cut production and sales. In fact, 94% of Fortune 1000 companies are seeing supply chain disruptions due to COVID-19.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

ToolsGroup

JULY 19, 2023

A digital twin would give every decision-making team a better understanding of how to handle that new ship-from-store policy and help manage fulfillment through multiple and varied channels. With ToolsGroup Inventory Hub , you can advance your digital twin and start transforming your supply chain – and your business – today.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

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

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Increased Shipping Costs, Delays, and Transportation Issues. Famous Pacific Shipping Group ). Following the pandemic, 91% now do.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ToolsGroup

JULY 25, 2017

Algorithms that capture actual parts demand, or plan for future demand need to be far more sophisticated in item level and shipping location mathematical modeling. Long-tail demand can be best managed by planning that factors item level and shipping location simultaneously.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 198

ToolsGroup

DECEMBER 16, 2021

Fulfilling customer orders in the most optimal way possible for both the customer and retailer, keeping costs low while still meeting customer expectations for speed and quality of service.This may include in-store or curbside pickup of online orders (also called click-and-collect, or BOPIS) or shipping from stores.

Agile and Lean Supply Chain 156

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

ToolsGroup

FEBRUARY 19, 2020

This usually involves analyzing daily sell-in/ship-to demand data using short time horizons and adjusting the forecast accordingly. Short-term forecasting with sell-in data. The easiest way for companies to start sensing demand is to use the most granular historical data available.

Supply and Demand 218

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 218

ToolsGroup

SEPTEMBER 9, 2020

Demand is not what you shipped in the past. For MEIO to work as intended, it needs a strong demand forecast foundation that can understand inventory demand potential in the modern world, with all its strange anomalies. A solid foundation can segment demand signals.

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

ToolsGroup

DECEMBER 20, 2021

Higher container costs , resulting in container-by-container decisions on what to ship. All of these massive shocks have in turn created dozens of smaller shocks which have been just as challenging for the logistics professionals trying to manage them, including: . Container availability , leaving importers scrambling to find space.

Supply Chain Disruption 194

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

ToolsGroup

JULY 12, 2016

For example UK distributor RS Components stocks 500,000 products and ships almost 45,000 parcels daily from its worldwide distribution centers to more than 1 million global customers. This increases productivity, reduces the talent shortage, and opens up the job to people that are not as statistically inclined.

Supply Chain Planning Software 240

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

ToolsGroup

JUNE 8, 2018

Cycle stocks can leverage economies of scale by using economically optimum supply quantities that minimize buying, making and shipping unit costs. Here Lord points out that companies can lengthen their production runs to reduce costs, allowing cycle stocks to increase. High margin and low variability – In a way, these are ideal products.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

ToolsGroup

MAY 13, 2021

The real question is, how many cartons of low-pulp, 16 ounce, SKU12345 orange juice are you going to need to ship from the Newark, NJ warehouse? The problem is that most supply chain decisions are not made at that level. It also reduces the manual intervention needed to get everything to work.

Modeling 177

Modeling Forecasting Supply and Demand Optimization Modeling 177

ToolsGroup

APRIL 25, 2019

Lennox Residential Heating and Cooling faced the challenge of managing an ambitious North American distribution network enlargement while simultaneously transitioning to a hub-and-spoke model with 55 shipping and 161 selling locations.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

ToolsGroup

MARCH 13, 2018

Beyond cars and machine tools, 3D printers are now making spare parts to order for the US Marine Corps, container ships, and beverage filling plants. But in the spare parts business, 3D printing has become “here and now”.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 180

ToolsGroup

OCTOBER 10, 2022

In fact, delivery lead times between China and the US more than doubled between January 2020 and January 2022, and by March 2022, the average number of days it took for a shipping container to reach the US was 107. Every supply chain wants to reduce inventory risk and deliver outstanding service to customers. would minimize that threat.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ToolsGroup

FEBRUARY 7, 2022

Whether it’s curbside pick up, ship-to-store, or overnight delivery, the need to have your inventory in the right place at the right time – when your customers want it, and not one minute later – has never been more imperative. The Need for Speed: Transforming Stores Into Distribution Centers.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization. Retail Supply Chain. Sales & Operations Planning. Service Parts Management. Supplier Management. Supply Chain Agility/Flexibili. RedPrairie.

Forecasting 32

Forecasting Optimal Sourcing Forecasting Software Supply Chain Design Software 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization. Retail Supply Chain. Sales & Operations Planning. Service Parts Management. Supplier Management. Supply Chain Agility/Flexibili. RedPrairie.

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. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization. Retail Supply Chain. Sales & Operations Planning. Service Parts Management. Supplier Management. Supply Chain Agility/Flexibili. RedPrairie.

Agile and Lean Supply Chain 32

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

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization. Retail Supply Chain. Sales & Operations Planning. Service Parts Management. Supplier Management. Supply Chain Agility/Flexibili. RedPrairie.

Optimal Sourcing 32

Optimal Sourcing Case Study Optimization Software Inventory Reduction 32

Supply Chain Digest

MAY 8, 2009

Parcel Shipping. ToolsGroup. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Manufacturing Technology. Order Management Systems. Packaging Optimization. Retail Supply Chain. Sales & Operations Planning. Service Parts Management. Supplier Management. Supply Chain Agility/Flexibili. RedPrairie.

Supply Chain Design Software 32

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