Our supply chain and retail planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, inventory, and margins – delighting customers and achieving financial and ESG KPIs. Thanks to powerful AI solutions that leverage real-time data from across the enterprise to plan and execute at the speed of business, our customers quickly improve product availability and service levels while reducing inventory–no matter how varying their demand, elaborate their network, or complicated their operations. For companies struggling at the intersection of complexity and variability, we offer the most effective demand forecasts, the most powerful inventory optimization, and the greatest service level improvements.
Our values of Innovation, Passion for Excellence, Collaboration, and Reliability are at the core of our culture, and help us deliver for our customers every day. We believe in integrity and keeping our commitments, and that when we collaborate we can do more. We’ve been innovators since our inception, and our team is encouraged to experiment and find solutions to our customers' most challenging planning issues.
We were founded to find new and creative solutions to supply chain challenges and will never stop.
We care deeply about delivering the finest outcomes in everything we do.
We listen to understand our customers’ needs, so we can deliver the best results.
Our customers and partners can count on us to follow through on our commitments and be there when they need us.
Product availability
Reduction in inventory
Less waste
Reduction in planning workload
Our ecommerce business faces an increasing SKU count and highly intermittent demand, and with shifting consumer preferences there could be a potential disruption around every corner. We partnered with ToolsGroup so that no matter what tomorrow brings, we can deliver service to customers while effectively managing our inventory.
Despite its power and level of sophistication, ToolsGroup is highly automated for an extremely low cost of ownership.
Back then inventory planning and forecasting was done using simple “deterministic” calculations based on traditional inventory theory. Eugenio had a different idea. He signed up a group of talented MIT graduates who had collaborated in the NASA Apollo space project and together they invented a new spare parts system in less than a year. It was the world’s first “stochastic” software that incorporated probability-based algorithms across an entire supply chain planning system, from forecasting to inventory optimization and replenishment.
In 1980 Eugenio joined Innovation Technology Partners (ITP) where he met the company’s COO Joseph Shamir. At ITP the two were part of a team that implemented the very first ‘factories of the future’ that paved the way for today’s global “Factory (or Industry) 4.0” movement.
Eugenio (Chief Scientist) and Joseph (CEO) founded ToolsGroup in 1993, commercializing the first service-driven supply chain planning and automation software, which proved to be decades ahead of its time.
As we’ve grown, we’ve continued to push the boundaries on what’s possible. We’re now helping companies around the world outsmart uncertainty to deliver stand-out customer experiences while maximizing profitability.