Management Team Bios
Joseph Shamir
Joseph Shamir is the CEO of ToolsGroup, which he co-founded with Eugenio Cornacchia in 1993. He has more than twenty years of business experience in supply chain and manufacturing, and is a specialist in advanced modeling techniques for planning and optimization. He has been instrumental in the development of decision support software for logistics planning of complex logistics networks, and has directed major strategic and logistics projects in many leading European companies.Before founding ToolsGroup, Mr. Shamir held various high-level management positions with ITP Group, including Director of Sales, and later as COO of the Automation Group. The group, specialized in industrial automation and logistics, has implemented during his time several very large "factory of the future" systems at large manufacturers such as Olivetti and Electrolux.
Prior to ITP, Mr. Shamir held several CIO positions, first at the Italian gear manufacturing company, ESP Group, and then at Norasia shipping line, where he developed an innovative profit-driven operations planning system for world maritime container transportation.
Mr. Shamir graduated in solid-state physics from Tel Aviv University.
Eugenio Cornacchia
Eugenio Cornacchia is Chief Scientist and co-founder of ToolsGroup, which he started with Joseph Shamir in 1993, after having worked together for nine years. As Chief Scientist, Mr. Cornacchia has been leading all SO99+-related R&D activities.Prior to ToolsGroup, Mr. Cornacchia was an early stage executive at ITP, a firm specializing in industrial system integration, and highly automated production/distribution systems. As head of the Industrial Engineering division, Mr. Cornacchia helped grow the group to more than 300 employees and €61 million sales.
Prior to ITP, Mr. Cornacchia was at Draper Laboratories in Cambridge, MA, where he was responsible for a large project to re-design the logistic information system for Fiat spare parts worldwide. The new system was based on a brand new inventory modeling and optimization technology that Mr. Cornacchia developed from scratch, in order to overcome the limitations and inaccuracy of traditional scientific inventory management. The highly successful implementation became one of the earliest systems in the world for inventory optimization.
Mr. Cornacchia holds an Electrical Engineering degree from Genoa University in Italy, a post-graduate diploma in Operations Research from E. Mattei School, Milan, Italy, and an MS degree in Operations Management from the Sloan School at MIT, Boston, MA.