ToolsGroup

JUNE 29, 2020

No effort required to set up (careful data sourcing and data preparation is fundamental). While this can be framed in many ways, at ToolsGroup we found a useful approach is clustering the profiles in the past and using classification for scoring in the future. Overall reasonably accurate forecasts.

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

ToolsGroup

JANUARY 16, 2023

BOSTON — January 16, 2023 — ToolsGroup , a global leader in retail and supply chain optimization software, today introduced the launch of Inventory Hub®, a Dynamic Data Unification Platform that provides retailers with a “single source of truth” for inventory data across their enterprises. “As About ToolsGroup.

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

MARCH 17, 2025

ToolsGroups advanced supply chain planning solutions help leading companies worldwide apply probabilistic demand forecasting and machine learning automation to address challenges like global multi-echelon supply chains , SKU proliferation, and intermittent demand. On average, our customers achieve: 99.9%

Forecasting Software 156

Forecasting Software Demand Planning Software Forecasting Supply Chain Planning Software 156

ToolsGroup

OCTOBER 5, 2022

BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. . About ToolsGroup. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Optimization Software ToolsGroup 156

ToolsGroup

AUGUST 3, 2022

ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Version 8.60 Business leaders today are looking for new ways to improve the resilience and agility of their supply chains. We call this dynamic planning.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

ToolsGroup

MARCH 19, 2025

At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software.

Forecasting 156

Forecasting Modeling Forecasting Software Supply and Demand 156

ToolsGroup

JULY 12, 2023

BOSTON — July 13, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Dynamic Fulfillment, a new addition to the JustEnough retail planning and execution suite.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

ToolsGroup

DECEMBER 16, 2019

BOSTON (December 13, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2019 Vendor Assessment. About ToolsGroup. ToolsGroup is a global provider of service-driven supply chain planning and demand analytics software.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

ToolsGroup

JULY 26, 2022

Milan, July 27 , 2022 – ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce it has been awarded Microsoft Italy’s Best Independent Software Vendor Partner Award for the second year in a row. About ToolsGroup.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 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

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.”

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

ToolsGroup

FEBRUARY 12, 2025

Identify and prioritize sources of uncertainty and variability in your supply chain and use this data to improve your planning and decision-making. At ToolsGroup, weve seen firsthand how probabilistic demand forecasting has been a key differentiator for businesses. Adopt probabilistic planning instead of deterministic planning.

Optimal Sourcing 156

Optimal Sourcing Modeling Forecasting Supply and Demand 156

ToolsGroup

SEPTEMBER 23, 2022

BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. . About ToolsGroup. About IDC MarketScape.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

ToolsGroup

JULY 5, 2023

With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

ToolsGroup

APRIL 13, 2020

Rafael Labbé, Supply Chain Director at Suministros y Alimentos, a distributor to McDonalds Mesoamérica, shared his company’s experience and COVID-19 supply chain response with ToolsGroup’s Kathleen Geraghty at the recent ToolsGroup virtual user conference. This conversation has been edited and condensed for clarity.].

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

ToolsGroup

SEPTEMBER 30, 2019

ToolsGroup Named a Leader in IDC MarketScape Worldwide Demand Planning Market Report. BOSTON (September 30, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2019 Vendor Assessment. . About ToolsGroup.

Supply and Demand 27

Supply and Demand ToolsGroup Modeling Supply Chain Planning Software 27

ToolsGroup

MARCH 26, 2025

As Tim Payne, Research Director at Gartner, emphasizes: Responding to the customer can be achieved with cost overruns, excessive inventory and firefighting, but to respond profitably means understanding the sources of volatility and planning for them appropriately. Books your free consultancy with ToolsGroup Contact Us Now

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

ToolsGroup

MARCH 25, 2025

Next Generation New Product Introductions (NPI) Forecasting demand for products without sales history has traditionally been a guessing game.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

ToolsGroup

SEPTEMBER 29, 2022

In July 2022, IHL and ToolsGroup surveyed U.S. Our retail customer loyalty study confirmed that there is an increasing concern on the part of consumers that stores will have the items they need in stock,” said Caroline Proctor, CMO at ToolsGroup. About ToolsGroup.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

ToolsGroup

MARCH 18, 2025

The unique combination of intermittent demand, multiple supply sources, and variable product lifecycles makes spare parts exceptionally challenging to forecast accurately. The transformation began when they implemented ToolsGroups AI-powered inventory optimization solution.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Inventory Reduction Waste Reduction 156

ToolsGroup

JANUARY 14, 2022

BOSTON, January 14, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has been recognized by Retail Today magazine as a leader in the Supply Chain category in Retail CIO Radar 2022, a first-of-its kind annual list of most innovative and transformative retail technology solution providers.

ToolsGroup 24

ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 24

ToolsGroup

JULY 11, 2019

According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. Fortunately, Franke was able to tame that complexity partnering with ToolsGroup, and following are three quick points to learn from their story. Franke was facing all three.

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 223

ToolsGroup

NOVEMBER 2, 2020

For MSE, the primary need fulfilled by ToolsGroup was to integrate key account and financial perspectives, enable efficient promotions management, support demand segmentation and create a flexible planning hierarchy. ToolsGroup supported MSE’s other key priority: seamless collaboration between stakeholders.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

ToolsGroup

MAY 25, 2021

One of our customers sources materials from a global network with long lead times. Utilising the ToolsGroup Service Optimizer 99+ (SO99+) replenishment software model, future inventory positions are shown considering all the supply chain parameters. Evaluating stock-out versus long lead times.

Optimal Sourcing 260

Optimal Sourcing South Africa Modeling ToolsGroup 260

ToolsGroup

AUGUST 16, 2022

BOSTON – August 17, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been selected by Entertainment Retail Enterprises (ERE) , a leader in the design, manufacture, and distribution of customized retail products including apparel, accessories, and home goods.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

ToolsGroup

MARCH 14, 2025

The unique combination of intermittent demand, multiple supply sources, and variable product lifecycles makes spare parts exceptionally challenging to forecast accurately. The transformation began when they implemented ToolsGroups AI-powered inventory optimization solution.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

ToolsGroup

JUNE 17, 2021

In a recent digital transformation in supply chain planning study conducted by CSCMP and ToolsGroup, 45% of respondents said the pandemic caused supplier instability/shifts and 30% were struggling with staffing shortages/reduced productivity, while 45% indicated demand for their products and services had increased at the same time.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

ToolsGroup

MAY 16, 2023

Sarah Voorhees , VP of Demand and Inventory Planning at American Tire Distributors shares how ToolsGroup helps the company create a triple-win supply chain transformation with suppliers and customers. ToolsGroup was a pioneer in probabilistic forecasting and we built our forecasting and inventory optimization solutions around it.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. Here’s to a healthy and prosperous year ahead!

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

ToolsGroup

JUNE 15, 2023

We are proud to note that ToolsGroup has been doing this for over 20 years. Check out the 4 Key Takeaways from this year’s Gartner Supply Chain Symposium/Xpo in Orlando, Florida → Kevin Young, ToolsGroup CMO introduces illycaffè session, “How to navigate market uncertainty and guarantee product availability.” We have made it simple.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

ToolsGroup

SEPTEMBER 21, 2021

It began with optimizing the use of ToolsGroup supply chain planning software to improve RAJA’s customer service levels. About ToolsGroup. ToolsGroup is how organizations achieve their target service levels while optimizing inventory, no matter how complex their supply chain is or how much demand changes. BOSTON and MILAN (Sept.

ToolsGroup 24

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 24

ToolsGroup

FEBRUARY 28, 2023

At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. Dynamic Multi-Sourcing In a post-COVID world, and despite suppliers’ best efforts, delays or sudden demand spikes inevitably cause supply issues.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Supply Chain Shaman

OCTOBER 12, 2017

I would encourage the reader to study both: The Good the Bad and the Ugly of DDMRP from Stefan de Kok from ToolsGroup. I like the use of deeper math found in E2open, OM Partners, SAP (now in IBP HANA from SmartOps), and ToolsGroup to translate market signals into a better replenishment signal outside-in. (I Conclusion.

Supply Chain Planning Software 375

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 375

ToolsGroup

AUGUST 20, 2019

Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). In a previous blog we described a ToolsGroup customer who illustrated many of these drivers and decided to choose the BPO path. For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

ToolsGroup

APRIL 20, 2022

Let’s talk specifics, starting with some actionable tips and insights from Johnson and other members of the ToolsGroup community. Source: Fortune. #3: Source: Fortune. Tailor it to the individual and where that person is in the employee lifecycle. 3: Overcome the Staff Shortage by Supporting a Remote Workforce.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

Supply Chain Shaman

APRIL 29, 2024

For example, how do you compare Arkieva to ToolsGroup ? Explore to understand the data sources, the cleanliness and frequency of data, and evaluate the use of machine learning and NoSQL to improve data quality and reduce data latency. Source: Horse for Courses definition Oxford Dictionary The reason? Next Steps?

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 417