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QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. Year-on-year revenue growth, strong enterprise segmentation, a compelling vision & roadmap, and industry-specific capabilities gained ToolsGroup the top spot in our analysis.”
ToolsGroup’s advanced supplychain planning and optimization suite will be instrumental in refining our inventory management strategy and enhancing our competitive edge. This partnership underscores ToolsGroup’s dedication to delivering cutting-edge technology that drives tangible business results in challenging markets.”
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.
20-year industry veteran brings deep technical expertise and leadership to guide ToolsGroups next phase of growth BOSTON February 4, 2025 ToolsGroup , a global leader in supplychain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately.
Gartner predicts that by 2026, 95% of data-driven decisions will be at least partially automated. In fact, Gartner also found that only 10% of CEOs say their business uses AI strategically, and just 9% of technology leaders report having a clearly defined AI vision statement. Yet, many companies struggle to harness AIs full potential.
ToolsGroup customer Suministros & Alimentos , a leading Central American food distribution and logistics provider, with regional coverage across Guatemala, El Salvador, Honduras, and Nicaragua, will showcase how it uses technology and AI to predict demand and track shipments in real time to optimize the supplychain, ensure product quality.
At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supplychain management software. Like betting that a champion racehorse will win a specific race, this “single-number” forecast assumes one definitive result.
The review evaluates vendors on their ability to deliver probabilistic forecasting, which QKS notes, “is no longer a strategic advantage—it’s the bare minimum for retail demand planning and supplychain resilience.” For retailers seeking agility, resilience, and automation at scale, ToolsGroup represents the benchmark.
New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supplychain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.
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?
La suite avanzata di pianificazione e ottimizzazione della supplychain di ToolsGroup sarà fondamentale per affinare la nostra strategia di gestione delle scorte e migliorare il nostro vantaggio competitivo.
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.
BOSTON February 3, 2025 ToolsGroup , a global leader in supplychain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide SupplyChain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
ToolsGroup invites NRF attendees to Booth #4043 to explore its retail planning technology, including the launch of Inventory.io, designed to help businesses prepare for the unknown in 2025. At NRF, ToolsGroup will showcase our industry leading solutions designed to help retailers weather this retail uncertainty.
The supplychain industry is no stranger to uncertainty. Unexpected challenges like shifts in global markets, economic upheaval, commodity shortages, advancements in technology, or environmental changes can send shockwaves through operations in unexpected ways.
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.
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!
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Acquisition coincides with significant new growth investment from Accel-KKR.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. The result?
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. The result?
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supplychain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for SupplyChain Planning Solutions (July 2023). All rights reserved.
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?
At ToolsGroup, we’re thrilled to bring value to customers around the world in collaboration with our extensive partner network. Combining these impressive capabilities with ToolsGroup’s AI-driven, award-winning supplychain solutions, companies can now enjoy a truly end-to-end planning and execution process. “As
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.
Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” EvoAI is the dynamic demand discovery technology that powers all Evo products. EvoAI is the dynamic demand discovery technology that powers all Evo products. While the real answer is “Plenty!”,
The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supplychain and price optimization solution available. At Event Network, we aim to optimize the retail potential of experiential attractions.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
Businesses around the world are learning to adapt as best they can to the COVID-19 supplychain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supplychains. Rafael: It has been a really helpful tool with which to go through this crisis.
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?
MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. BOSTON, June 11, 2019 – ToolsGroup, a global leader in supplychain planning software, today shared details of its participation in the Gartner SupplyChain Executive Conference, taking place June 17-19 in Barcelona.
Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supplychain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supplychain professionals around the world.
In an ever-changing global economy with all its unexpected twists and turns, supplychain leaders are looking for a way to be ready for anything the real world throws at them. That’s why we announced a new brand identity here at ToolsGroup last week: ‘Be ready for anything.’ And add more dollars to your bottom line.).
Companies that embrace inventory optimization through modern tools are moving toward a high maturity supplychain model —and reaping the rewards. As your supplychain scales, spreadsheets become brittle, error-prone, and outdated. With the right tools, they stop reacting and start strategizing.
BOSTON (May 13, 2019) – ToolsGroup, a global leader in supplychain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. I am delighted to welcome David to the ToolsGroup team,” said ToolsGroup CEO Joseph Shamir. About ToolsGroup.
Are you making an action plan of all the things you could do better and faster with your supplychain planning software when the next global crisis hits? The disruption we’ve seen in supplychain planning as a result of the pandemic is unprecedented. How will the technology remove these barriers?
BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supplychain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global SupplyChain Inventory Optimization. for Global SupplyChain Inventory Optimization, 2022.
There’s still a strong demand for supplychain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. . Supplychains will likely be structured in a radically different way.
BOSTON, March 19, 2021 – ToolsGroup, a global leader in supplychain planning software, has been named a leader in the Nucleus Research SCP Technology Value Matrix 2021. Our service-driven supplychain planning enables our customers to make the most efficient use of inventory in fulfilling their customer orders.
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.
Gartner SupplyChain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supplychain professionals from across Europe and beyond. Looking for a snapshot of the key highlights?
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supplychain planning across multiple countries. This move automates their omnichannel supplychain planning and shifts them from a supply-driven to a demand-driven model.
In this blog we will share machine learning techniques that can produce fully-automated forecasts for new products. It’s not uncommon for us to see planning teams come to us because their executive leadership has issued an edict to implement machine learning–without fully understanding this powerful technology.
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