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 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

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 144

Supply Chain Planning Software Forecasting Software ToolsGroup Optimal Sourcing 144

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

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

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

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

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

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 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

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

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

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

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

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

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. It creates a “single source of truth” by compiling real-time inventory data and insights from across supply, demand, and operations. No pesky silos, no lags in information. Good news – this exists.

Real-time Visibility 295

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

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 Cost Reduction Strategies Inventory 156

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

ToolsGroup

FEBRUARY 18, 2022

Image source: Google Trends, as of Feb. This is because Omicron is disrupting every part of the production process, from warehouses, selectors, drivers, and loaders. Image source: 9 News Twitter. Image source: Mashed. One Australian poultry processor (Inghams Group Ltd.)

Purchasing Skills 386

Purchasing Skills Price Reduction Supply Chain Planning Software Inventory Reduction 386

ToolsGroup

JUNE 27, 2022

Don’t get left with a warehouse full of jeans at the end of the season. There may be some materials you can source and supply more efficiently yourself, and others that are worth outsourcing due to the cost, skills, or equipment they require. Not sure where to start? Vertical integration doesn’t have to be all or nothing.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

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 Supply Chain Planning Software Lean 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

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

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 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

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 Supply Chain Design Software Lean 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

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 Optimal Sourcing 32

ToolsGroup

OCTOBER 10, 2022

Relying on a single source supplier or group of suppliers can have a ripple effect on your ability to meet service levels when shipments are late, delayed or out of stock of the materials you need. Your inventory consists of raw material (the tree) to the finished product in your warehouse.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

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 Design Software 32

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

Supply Chain Digest

JANUARY 31, 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

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 Lean Manufacturing Procurement Optimal Sourcing 32

Supply Chain Digest

JANUARY 29, 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 Lean Manufacturing Procurement Supply Chain Design Software 32

Supply Chain Digest

JANUARY 29, 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.

Cost Reduction Strategies 32

Cost Reduction Strategies Vendor Strategies Inventory Reduction DC 32