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Polaris Named a Supply & Demand Chain Executive’s 2021 Top Supply Chain Project with ToolsGroup

ToolsGroup

BOSTON (June 16, 2020) – Supply & Demand Chain Executive , the only publication covering the entire global supply chain, selected Polaris to receive a “Top Supply Chain Projects Award for 2021” for its project with ToolsGroup. About ToolsGroup. Only ToolsGroup makes all this possible. Go to www.SDCExec.com. About Polaris.

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Analysts from the ToolsGroup note that reliance on data-driven decision-making has ushered in “a remarkable shift in the world of retail from a product-centric to customer-centric model.”[5] ToolsGroup analysts suggest retailers adopt lean retail principles, which affect all aspects of the supply chain.

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The New Normal: Predictions for Retail in 2021

ToolsGroup

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.

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Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

Automation in production facilities and warehouses was already underway, but I think having seen the human workforce out of commission will accelerate that process. 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.

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Business Intelligence vs. Inventory Optimization: Are You Solving Symptoms Instead of the Real Problem?

ToolsGroup

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.

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What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

Finding ways to limit the handling of merchandise, including using cross-dock techniques in warehouses and “door-to-floor” methods in stores, where the merchandise gets where it is needed without ever sitting in storage. Intelligent demand management software is the key technology enabler of lean retail merchandise management.

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What Is Demand Sensing and How Do You Get Started?

ToolsGroup

Demand sensing helps you dynamically optimize inventory and balance your network by considering not only available inventory in regional warehouses, but also factor in expected/“refreshed” customer demand. This usually involves analyzing daily sell-in/ship-to demand data using short time horizons and adjusting the forecast accordingly.