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Navigating the Supply Chain Wars: Strategies for Wholesale Distribution Success

ToolsGroup

ToolsGroup identifies five key drivers shaping the future of supply chains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions. Optimize Distribution Networks Adapt warehouse locations and logistics for localized supply chains.

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The Secret to Success with Machine Learning in Supply Chain Management

ToolsGroup

This disconnect between AIs potential and real-world adoption presents a significant opportunity for companies to gain a competitive edge, especially in supply chain management where uncertainty is the norm. However, its important to recognize that AI and machine learning are not magic fixes for supply chain challenges.

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Customers and Analysts Recognize ToolsGroup as a Supply Chain and Retail Planning Leader

ToolsGroup

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 supply chain success – and have even won awards of their own in partnership with ToolsGroup! Thank you to our customers and partners from across the supply chain industry!

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Probabilistic Demand Forecasting: Revolutionizing Supply Chains

ToolsGroup

At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. In conventional supply chain planning , planners using basic tools (typically spreadsheets or legacy systems) forecast just one number for each item.

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Safety Stock – Mastering Demand and Supply Chain Planning

ToolsGroup

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.

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ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization

ToolsGroup

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. for Global Supply Chain Inventory Optimization, 2022.

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Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

I find that most companies’ understanding of supply chain planning is immature, and that next week, at the Gartner Supply Chain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supply chain planning models. Buying supply chain planning software is hard.