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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 supply chain success – and have even won awards of their own in partnership with ToolsGroup! ToolsGroup has also been named a FeaturedCustomers 2023 Top Rated Software and Hot 100 Vendor.
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+ Supply Chain Planning solution.
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.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. This tool helped Belcorp to map logistics parameters, such as supplier, production and transportation lead time, minimum order quantities and distribution requirements, while achieving desired service levels efficiently.
Nespresso addressed this challenge by digitizing its end-to-end supply chain – from demand forecasts to order deliveries to points-of-sale—thanks to ToolsGroup’s digital supply chain planning platform. ToolsGroup has allowed us to significantly increase end-to-end control of the replenishment process of our retail network.
MILAN and BOSTON, July 21, 2020 – ToolsGroup, a global leader in supply chain 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. About ToolsGroup.
With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.
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.
BOSTON (July 15, 2021) – ToolsGroup , a global leader in supply chain planning software , and Supply Chain Process Improvement, Inc. The combination of ToolsGroup’s cloud-based Service Optimizer 99+ planning software and SCPI’s focused, personalized BPO offering gives more companies a clear path to improve planning processes and results.
It began with optimizing the use of ToolsGroup supply chain planning software to improve RAJA’s customer service levels. She continued her transformative work by optimizing transportation management, diversifying suppliers, and allocating shipments to provide the highest customer service at the lowest cost to the company.
Legacy players like Adexa, Arkeiva, Gains, E2open, Orchestr8 Solution, and ToolsGroup will be bought and sold with little impact to the market. I expect the company to move more aggressively into the transportation planning market. OMP remains the strongest solution for production planning. Other Players. Blue Yonder and Anaplan.
We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. With one open cloud platform, planning/ managing logistics will go hand-in-hand with material handling, leading to better optimized transportation in sync with the rest of supply chain planning.
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. How many of those items are currently in transit in all our transportation lanes?
I have been a ToolsGroup partner since 2015, after working over 10 years at a global consumer goods company, where I started knowing and enjoying the benefits of ToolsGroup Service Optimizer 99+ (SO99+). sells and deploys ToolsGroup software to companies in The Netherlands, Belgium and Turkey. My company Advancetics B.V.
At ToolsGroup, that mission is to make supply chain a force for good. About ToolsGroupToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.
At ToolsGroup, we’re committed to transforming supply chains into catalysts for positive change, powering innovations to make supply chains a force for good. About ToolsGroupToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty.
Opportunities abound for people in a wide range of roles including software engineer, data analyst, merchandise planner, line-of-business leader, transportation manager, and C-suite executive. Mauro Adorno, Chief Operating Officer EMEA & APAC at ToolsGroup. Rob Kaufholz, VP of Product Innovation at ToolsGroup.
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. .”[6] Develop a robust risk management process and diversify supplier network. .
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.
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.
I still hold hope that SAP could get serious about supply chain planning, but I have given up on Oracle (with the exception of transportation management.)) For example, how do you compare Arkieva to ToolsGroup ? For example, those that actively read my blog, know that I frequently take issue with SAP, but seldom with Oracle.
They ingest information like transportation plans or shipment delays and model the implications of unexpected events. With ToolsGroup Inventory Hub , you can advance your digital twin and start transforming your supply chain – and your business – today. Interested in bringing these benefits to your business? Show Me More →
The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. This led to its selection of ToolsGroup Service Optimizer 99+ (SO99+).
While there are pieces of the software like transportation planning or trade promotion planning that are promising, today it is piece parts. Oracle is different. Their solution is based on acquisitions. They have not been successful in building a cohesive architecture. They are in worse shape than SAP. What do I tell SAP clients?
In its official earnings release , Amazon Prime’s vice president Jamil Ghani cited “the continued expansion of Prime member benefits as well as the rise in wages and transportation costs” as the reason for the price increase. Shipping and Transportation Costs. workers to over $18 an hour. You name it, there’s a subscription for it.
The ToolsGroup team, ready for another day of great conversations and insights! Accurate and efficient planning, transportation, allocation , and replenishment will be necessary if companies are to make quick, accurate decisions that keep pace with the break-neck speed of retail trends and shifts in consumer demands.
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.
Credit for this image goes to ToolsGroup. There are natural processes that require tactical horizon for procurement buying and transportation sourcing, and Sales and Operations Planning. Linear optimization assumes a normal distribution of data. I liked their image. Increasingly, withhe. The best teams define governance.
Today SKF feeds data from the central relational database repository into ToolsGroup supply chain planning software to optimize demand, inventory, and planning for all SKU-Locations in its supply chain. At ToolsGroup we’re all about being ready for anything–even the unpredictable.
We now have new technology players entering the market like AIMMS, Enterra Solutions, OM Partners, Quintiq, ToolsGroup, and Terra Technology. The Oracle solution is strong in demand and transportation, but weak in tactical supply and production planning. Only Logility and American Software have the same name and business structure.
Traditional companies like Adexa, E2open, JDA, Logility, Kinaxis and OM Partners will play catch-up as new startups like Aera, Anaplan, BlueCrux, Enterra Solutions, Lokad, Solvoyo, ThinkIQ, and ToolsGroup define new capabilities for machine learning/cognitive computing. IBM Watson will not be able to mobilize fast enough to make an impact.
ToolsGroup pioneered and perfected it. Therefore, a probabilistic forecast incorporates more information to create better predictions and, by helping planners visualize the benefit/risk tradeoffs, enables teams to make more informed and strategic decisions. New to probabilistic forecasting?
Some, including ToolsGroup, call it demand modeling. For example Tohamy says, “Machine learning can come up with an accurate prediction of demand for a new product, yet optimization is required to determine the needed levels of safety stock or needed transportation resources to fulfill that forecast demand.”.
I also see a resurgence in activity for demand sensing with vendors like SmartOps, Terra Technology, ToolsGroup, SAS, and VisionChain. The depth of the SAP application continues to fail the market and the Oracle application, while deep in demand and transportation planning, is weak in the areas of manufacturing and distribution.
At ToolsGroup we’re extremely proud of three of our customers who were recipients of Supply & Demand Chain Executive’s 2021 Women in Supply Chain Award. As supply chains around the world continue to grapple with disruption and volatility, an opportunity for women to advance in increasing numbers may have presented itself.
Increased Shipping Costs, Delays, and Transportation Issues. Increased Shipping Costs, Delays, and Transportation Issues. In December 2022, The United States Department of Transportation awarded grants totaling over $241 million to support ports. ( Department of Transportation ). ToolsGroup). Financial Times).
The decision support technologies that we use today–price management, trade promotion management, network design, supply chain planning, transportation planning, supplier risk management–are on the cusp of redefinition through new forms of analytics. Rulex, a partner of ToolsGroup, is an example of machine learning.
The example I used is RuleX/ToolsGroup partnership and the evolution of the self-correcting supply chain. Rule sets –like ATP, VMI, Transportation Routing, Allocation and Assortment logic– are simple rule sets. (This includes solutions like AIMMS, Opalytics, SAVI, and Terra Technology.) It is adaptive.
The stark truth is that planning and optimizations are done in many departments within a business, such as supply, manufacturing, distribution, warehouse, transportation, budget, labor, and so on. 5] Mary Vasile, “ Agile Supply Chain: How to Bend, Not Break, Your Supply Chain Planning Process ,” ToolsGroup Blog, 14 March 2022.
Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.
We need a definition of demand-driven manufacturing and transportation, and the building of multi-tier canonicals in the network of networks.This is something I have tried to accomplish with the Demand-Driven Institute, but failed. There are three solutions in the market–E2open (acquired Terra Technology), SAP, and ToolsGroup.
We see the supply chain in action every day, as we see transportation on our roads, rail, sea and in the air. Alis Sindbjerg Hinrichsen is Commercial Business Development Lead for Optilon , a ToolsGroup partner. Supply chains are still the central nervous system of the economy. Assess the technologies. Segment the customers.
Reduce carbon emissions: Eliminating wasteful expediting and warehouse transfers means fewer carbon emissions from inefficient and unnecessary truck and rail transport. Efficient supply chain planning reduces wasted fuel and transportation capacity. Minimize inventory space: It’s estimated that up to 22% of inventory is unnecessary.
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]
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