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New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.
We’re confident that ToolsGroup’s expertise will provide the support we need to navigate the complexities of our supply chain operations and deliver exceptional value to our customers, staying true to our motto: ‘Your way, Your Business’.”
ToolsGroup was named the leader in the 2024 SPARK Matrix™for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments.
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.
ToolsGroup stood out not only for its ability to deliver better predictions but also for enabling true end-to-end demand orchestration. For retailers seeking agility, resilience, and automation at scale, ToolsGroup represents the benchmark. For more available research, please visit [link].
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 supply chain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately.
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 supply chain, ensure product quality.
La suite avanzata di pianificazione e ottimizzazione della supply chain di ToolsGroup sarà fondamentale per affinare la nostra strategia di gestione delle scorte e migliorare il nostro vantaggio competitivo.
BOSTON February 3, 2025 ToolsGroup , a global leader in supply chain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
True success depends on high-quality data, sophisticated models, and real-world expertiseand thats where ToolsGroup stands apart. Beyond the Buzzword: The ToolsGroup Advantage ToolsGroup was one of the first supply chain planning software vendors to harness machine learning for demand forecastingwell before it became an industry buzzword.
ToolsGroup identifies five key drivers shaping the future of supply chains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions. ToolsGroups AI-powered solutions are helping companies navigate uncertainty and stay ahead of the curve.
ToolsGroups Sales & Operations Planning Advantage ToolsGroup offers a next-generation S&OP platform that adapts to your organizationnot the other way around. ToolsGroup enables all functions to collaborate using a shared data foundationmodeling trade-offs and clarifying the business impact of each decision.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Soon, Belcorp plans to implement ToolsGroup’s lot size optimization module with price break constraints, which will further enhance their supply chain strategy. She can be reached at ikuznetsova@toolsgroup.com.
Evaluate Technology Solutions Compatibility with existing technology stack Integration capabilities Scalability Specific business requirements Pro tip: Look for solutions like ToolsGroup that offer award-winning technology with seamless integration capabilities.
At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software.
ToolsGroup pioneered and perfected it. To learn more about how inventory optimization strategies can prepare your business for whatever challenges tomorrow brings, book your free consultation with ToolsGroup now: Contact us New to probabilistic forecasting?
To address these challenges, they partnered with ToolsGroup and deployed AI-based demand forecasting and inventory optimization solutions. Serving top restaurant brands like McDonald’s, they face fluctuating demand, short product lifecycles, and high customer expectations across four countries.
Book your free consultancy with ToolsGroup Contact us now The key to success? Adopting a service-driven approach that ensures availability where it matters mostwhile keeping inventory lean and efficient.
Books your free consultancy with ToolsGroup Contact Us Now Now is the time to implement a smarter, data-driven approach to demand forecasting and inventory optimization to transform your supply chain performance.
At ToolsGroup, weve seen firsthand how probabilistic demand forecasting has been a key differentiator for businesses. Companies are increasingly recognizing that relying solely on accurate forecasts is no longer feasible in todays unpredictable world.
The transformation began when they implemented ToolsGroups AI-powered inventory optimization solution. Despite carrying high overall inventory levels , the company frequently struggled with critical stockouts , resulting in lost sales opportunities and emergency logistics costs.
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%
Legacy players like Adexa, Arkeiva, Gains, E2open, Orchestr8 Solution, and ToolsGroup will be bought and sold with little impact to the market. Logility customers should prepare to be self-sufficient while evaluating mid-market solutions like John Galt, Netstock, and Slimstock. OMP remains the strongest solution for production planning.
Real-World Shift: From Excel to Excellence At ToolsGroup, we’ve seen firsthand how companies unlock value by moving beyond Excel. Explore how ToolsGroup can help you break free from spreadsheets and build a high-performance supply chain. Our clients uncover inventory inefficiencies and supply chain risks they couldn’t see before.
Back in 2019, Joseph Shamir , Founder of ToolsGroup, wrote, “If the last decade has taught us anything, it’s to expect the unexpected — from extreme weather events to endless political psychodramas to tech startups disrupting whole industries.
The transformation began when they implemented ToolsGroups AI-powered inventory optimization solution. Despite carrying high overall inventory levels , the company frequently struggled with critical stockouts , resulting in lost sales opportunities and emergency logistics costs.
That theme is CEO turnover, which has occurred specifically among providers Resilinc and ToolsGroup. ToolsGroup Appoints New CEO Long time supply chain planning and optimization provider ToolsGroup has announced the appointment of Sean Elliott as its new Chief Executive Officer , effective immediately.
In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
In the fast-paced world of modern supply chains, 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.
Improving demand forecast accuracy is crucial for supply chain success. Businesses must analyze vast amounts of data to predict ever-changing consumer behavior accurately. Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue.
Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. This oversight can lead to hidden costs that not only erode your profits but also jeopardize your customer loyalty.
In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.
The back-to-school shopping season is a critical period for retailers, offering significant revenue potential but also complex planning challenges. In 2025, factors like inflation, global trade disruptions, and increasingly cautious consumer behavior are reshaping this landscape.
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.
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