ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. Planners focused on their local operations or warehouses and servicing customers in their territory.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

ToolsGroup

SEPTEMBER 20, 2022

20, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce that CEO Inna Kuznetsova has been selected as a recipient of the Supply & Demand Chain Executive 2022 Women in Supply Chain award. About ToolsGroup. BOSTON — Sept.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

ToolsGroup

JANUARY 6, 2022

Lesson #2: Finding solutions in warehouses and distribution centers. “We And having multiple smaller warehouses in strategic locations can enable you to do this – especially in the beverage industry. Because of the timing, even outsourced warehousing providers are slim on space. .” – Alex Phelan, CEO, Merchadise.

Supply Chain Planning Software 290

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

ToolsGroup

MARCH 17, 2020

Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins. Being able to understand if supply expected from Europe needs to be re-routed and sourced from Asia or South America is important when entire channels become unavailable.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. About ToolsGroup. BOSTON, Mass. and HOUSTON, Tex. About Spinnaker.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 136

ToolsGroup

MARCH 17, 2021

BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

ToolsGroup

JANUARY 22, 2019

Algorithms could analyze data patterns from smart connected devices, such as those on shop floors, in warehouses and with customers and distributors, and send a correlation, corrected plan or new plan back to help with respond capabilities or automatic replenishment. Source: ToolsGroup. A Unified Data Model or "Digital Twin".

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chain Planning 209

ToolsGroup

MAY 30, 2018

Digital twins drive benefits such as improved business planning and improved sourcing, procurement and supplier management. At ToolsGroup, our experience so far has been mostly in using the digital twin concept to precisely predict the impact of sales promotions on demand and inventory trade-offs on customer service levels.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

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. Check out the video below. Or listen and follow on Spotify. Transcript.

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

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. Image source: Meme Creator. workers to over $18 an hour.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

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. CDC/TradeBeam Cognizant Techn Compliance Netw Cornerstone Sol DiCentral Dow Jones E2Open EnVista Epicor Hempstead Consu IBM/ILOG IHS iSuppli Infor Infosys Inside ERP INSIGHT, Inc.

Supply Chain Design Software 41

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

ToolsGroup

APRIL 1, 2022

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. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

APRIL 7, 2021

Additionally, most retailers do not have the warehouse space to stock these items, especially if it is not a fast-moving SKU. This is where TireHub uses ToolsGroup. ToolsGroup is a global supply chain planning software company. ToolsGroup help companies maintain or improve target service levels while minimizing inventory.

Supply Chain Planning Software 131

Supply Chain Planning Software Forecasting Software ToolsGroup Optimal Sourcing 131

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. CDC/TradeBeam Cognizant Techn Compliance Netw Cornerstone Sol DiCentral Dow Jones E2Open EnVista Epicor Hempstead Consu IBM/ILOG IHS iSuppli Infor Infosys Inside ERP INSIGHT, Inc.

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

What’s more, the roles of warehouses and stores are becoming less distinct, with some retailers using stores themselves to store inventory. The ToolsGroup team, ready for another day of great conversations and insights! Learn more about how to unlock increased customer satisfaction and better business performance → 2.

Supply Chain Planning Software 156

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

Enterra Insights

JANUARY 7, 2020

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. “Quantum computing can crunch through numerous variables and factors, from more sources, across more scenarios, faster and with greater accuracy than ever. ” 4. .

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

ToolsGroup

AUGUST 8, 2017

Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. It includes 3 rd -party syndicated data, direct store-level point of sale [POS] data, store-level inventory data, and retailer or distributor warehouse withdrawal data.”. POS data helps sense and respond to localized demand.

Supply and Demand 174

Supply and Demand Data Forecasting Supply Chain Planning 174

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. Excess inventory is the stock remaining on shelves or in warehouses after customer demand for an item has been filled. Source: Insider. Let’s talk about: What Excess Inventory Is.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. The UK hit a record high of 1.3

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

NOVEMBER 14, 2017

Network optimization works out the best flow of material across the multiple echelons of the chain to satisfy that constraint at minimum cost, including sourcing; inbound transport; space, labor, equipment and administration; inter-depot transport; delivery and dispatching.

Network Design Software 180

Network Design Software Network Design Supply Chain Design Software Network Optimization 180

Enterra Insights

JULY 28, 2022

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver.” 5] Mary Vasile, “ Agile Supply Chain: How to Bend, Not Break, Your Supply Chain Planning Process ,” ToolsGroup Blog, 14 March 2022. ” Assumption 2.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130

Enterra Insights

NOVEMBER 19, 2019

Jeff Bodenstab, Marketing Vice President at ToolsGroup, asserts, “This model has withstood the test of time in depicting what highly evolved planning looks like. 1] Jeff Bodenstab, “ ‘Digital Transformation’ and Supply Chain Planning ,” ToolsGroup Blog , 15 May 2018. [2] ”[1]. Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Gartner Scenario Planning 100

ToolsGroup

FEBRUARY 19, 2020

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. When sensing demand, it’s important to brainstorm all the possible, useful data sources out there that stand to improve the forecast.

Supply and Demand 218

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 218

ToolsGroup

AUGUST 8, 2019

According to Harvard Business Review , “B y collaborating in roles such as supply chain planning and inventory management, the combined power of humans and machines will create new sources of value for businesses.”. So far eight of SKF’s warehouses (about one third of the total) and two factories have achieved full “autopilot” status.

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

Supply Chain Matters

JUNE 14, 2022

Included in this June 14, 2022 edition are updates featuring the following providers: ToolsGroup and Onera. ToolsGroup Acquires Onera. San Francisco -based Onera provides retail technology that connects inventory across siloed systems and transforms them into a single, real-time source of inventory status. GreyOrange.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 52

ToolsGroup

OCTOBER 3, 2023

Unlike warehouses, with their neatly-stacked, precisely-scanned boxes, store inventory is inherently more variable, especially considering the varying sell-through rates across locations and seasons. Well, there are a few shortcomings in traditional OMS sourcing logic. What about labor costs, customer SLAs, markdown avoidance?

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 156

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. Source: Lennox. This enables it to optimally manage the supply of ingredients—coffee, flavored syrup, cups and lids—from a warehouse to partner sites. What does it take to create an award-winning supply chain? Costa Express also had a bold initiative to dramatically improve their business.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

ToolsGroup

AUGUST 8, 2019

According to Harvard Business Review , “B y collaborating in roles such as supply chain planning and inventory management, the combined power of humans and machines will create new sources of value for businesses.”. So far eight of SKF’s warehouses (about one third of the total) and two factories have achieved full “autopilot” status.

Negotiating Skills 120

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 120

ToolsGroup

FEBRUARY 5, 2019

They can also be network design choices , such as where to locate a warehouse. And single sourcing may reduce unit cost and inventory, but significantly increase structural risks. Longer network distances create lead times that require additional transit stock.

Supply Chain Design Software 120

Supply Chain Design Software Optimal Sourcing Supply Chain Design Inventory Reduction 120

Supply Chain Digest

JANUARY 30, 2009

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

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

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

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

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

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

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

Forecasting 32

Forecasting Optimal Sourcing Forecasting Software Supply Chain Design Software 32

Supply Chain Digest

MAY 8, 2009

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

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

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

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

Warehouse Management Systems (. ToolsGroup. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Vendor Compliance.

Optimal Sourcing 32

Optimal Sourcing Case Study Optimization Software Inventory Reduction 32