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My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
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 supplychain success – and have even won awards of their own in partnership with ToolsGroup! Thank you to our customers and partners from across the supplychain industry!
Safety Stock: Navigating SupplyChain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supplychain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supplychain resiliency and efficiency. Belcorp: A SupplyChain with Countless Moving Parts Belcorp is a beauty corporation with a mission to provide beauty products that answer to a variety of individuals’ needs.
Nespresso’s complex coffee supplychain. Nespresso addressed this challenge by digitizing its end-to-end supplychain – from demand forecasts to order deliveries to points-of-sale—thanks to ToolsGroup’s digital supplychain planning platform. What drove Nespresso’s supplychain planning project?
In order to roll out capabilities to our customers as they became available, ToolsGroup has made the exciting decision to split SO99’s traditional yearly release schedule into quarterly releases! As such, ToolsGroup is happy to announce our second release of 2023 for our Service Optimizer 99+ SupplyChain Planning solution.
The manufacturing and distribution industries are on the brink of a transformative era, characterized by unprecedented technological innovation, sustainability imperatives, and global economic shifts. As we approach 2025, businesses face a critical juncture where adaptability and strategic foresight will define competitive success.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
MILAN and BOSTON, July 21, 2020 – ToolsGroup, a global leader in supplychain planning software, and COPAN Group, the world leader in the production of pre-analytics and bacteriology swabs, viral transport media, and systems for molecular biology, announced today a joint initiative to fight the COVID-19 pandemic.
This is the latest of the company’s significant strides toward making supplychains a force for good by helping organizations improve service levels, reduce excess stock, eliminate waste, and increase profits. Alternative Transportation Mode Updates to existing on-order expedite optimization functions. Version 8.61 release HERE.
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supplychain planning–and changed supplychain from a practitioner-focused topic to everyday dinner table conversation. Digital supplychain transformation will accelerate.
ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supplychain innovation.
BOSTON (July 15, 2021) – ToolsGroup , a global leader in supplychain planning software , and SupplyChain Process Improvement, Inc. They’re worried about making the wrong technology choice and may not have the expertise to implement the critical processes behind it. About ToolsGroup.
As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supplychain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.
As I answered the phone, I heard the voice of an aggressive investor in supplychaintechnologysoftware. I have been writing on what I term the “Third Act in SupplyChain Planning Software.” I have been writing on what I term the “Third Act in SupplyChain Planning Software.”
Women leaders from ATD, RAJA, and TireHub among the executives elevating supplychains for competitive advantage. The Women in SupplyChain award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network.
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Think about these supplychain networks for a moment.
We have tackled the question of automation before, but his time I want to focus specifically on what automation will mean to the job of the supplychain planner. And I see several patterns emerging on the changing role of the supplychain planner. Planners will focus on value add.
Kuznetsova is among the supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Her success as a leader both reflects and propels women’s advancement not just in supplychain, but in the professional world in general.
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
Many companies have stepped up their supplychain planning digital transformation programs to overcome today’s supplychain challenges. Given the supplychain’s strategic importance and the amount of change currently underway, there’s never been a more momentous or exciting time to work in the profession.
It’s human nature to miscalculate how best to respond to supplychain disruptions–either over- or under-steering in anticipation of a crisis. Optimists often delay preparing for supplychain disruption for fear that contingency actions lead to self-fulfilling prophecies. How to respond to supplychain disruptions.
It drives a supplychain planning gal like me crazy. For everyone trying to navigate new technology options, this is an important question. The traditional world of supplychain planning managed inputs into a data model to drive outputs. Traditionally, great supplychain planning was not about implementation.
This award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Every year, this award continues to amaze me.
Likewise, many growth-oriented companies employ supplychain planning (SCP) software to facilitate their growth and improve efficiency and customer service. Below are the strategic planning sections that are most impacted by proper supplychain planning: Financial Plan. a vendor’s parts showing up late).
April 26-27, the Retail Technology Show brought together Europe’s most forward-thinking retailers and leading innovators, welcoming 47 of the Top 50 UK retailers and brands to discuss the latest ideas, technological advancements, and retail solutions. The ToolsGroup team, ready for another day of great conversations and insights!
This shows hope that one day, we won’t need an award like this because men and women in the supplychain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. From truck drivers to CEOs, what these winners are doing matters to the future of all supplychains.” “I’m
As an analyst in the supplychain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supplychain innovation. History of Terra Technology.
< For supplychain leaders, let me requalify the recommendation, it is a great read.> > I am often asked for a list of good books on supplychain, and I don’t have many on my list. ” We are both, in our own way, attempting to herd geese in the software industry. The book is a good read. <
Robots and automation enriched the Jetsons’ lives. Last week, I was having breakfast with a CEO of a leading softwaresupplychain management company. At that time, he aggressively pursued automation, and actively tested new technologies. Today’s supplychain is like the Flintstone era.
Supplychain planning concepts have been around for nearly half a century, but now many converging factors and technologies are ushering in a new era for this mature supplychain solution. Supplychain plans typically take little or no account of uncertainty.”
With supplychain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. I argue that achieving all three with true success is difficult for any company to obtain without advanced technology capabilities.
Topping the winners for the week was software firm Oracle, up 5.1%, followed by carrier XPO Logistics, which rose 4.1%. The biggest losers for the week were software firm Descartes Systems, down 11.8%, and RFID firm Impinj, off 0.6%.
The National Health Service (NHS), the world’s largest health care organization, has implemented a new supplychain planning system for managing the United Kingdom’s blood supply. Because the system is now highly automated , it has relieved hospitals of the time-consuming effort to order, manage and replenish blood supplies.
I’ve worked in enterprise supplychaintechnology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. The truth is women have long been underrepresented in supplychain leadership. Q&A with three inspiring women in supplychain.
Source: Gartner SupplyChain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supplychain planning. Equally it poses huge supplychain planning challenges. There are extremely long distances between some transportation hubs. Extending its S&OP process.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
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. How can an automated planning system help them keep up? Transcript.
Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supplychain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supplychain disruptions, and shares the five steps needed to overcome today’s supplychain issues.
The decision support technologies that we use today–price management, trade promotion management, network design, supplychain planning, transportation planning, supplier risk management–are on the cusp of redefinition through new forms of analytics. A hype cycle starts with a technology trigger.
Jassy called generative AI a “once-in-a-lifetime” technology that will change the way the company operates, and said Amazon is already using it in “virtually every corner of the company,” calling out the supplychain areas of inventory and demand planning as examples. The Fed Downgrades GDP Forecast.
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