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Optimizing Inventory Is About Improving Service While Lowering Inventory. Wait, What?

20 October 2020

Optimize /ˈɒptɪmʌɪz/ verb 1. make the best or most effective use of (a situation or resource). (Oxford Languages) One of the hardest parts of my job is helping customers get to grips with complex, counterintuitive supply chain concepts. Take[...]

21 August 2020

Podcast: When Exceptions Are the Rule

In episode three of Be Ready for Anything, hear from Alex Achour, Senior Sales Engineer at ToolsGroup, about why S&OP processes are crucial in a crisis, how to balance automation with human expertise and what to do when machine learning[...]

11 August 2020

Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

To adapt an old saying, the idea that great service should be a top supply chain priority is as universally accepted as motherhood and the dominance of the ‘92 Dream Team. In fact, it’s one of the few things people[...]

3 August 2020

Infographic: Five Inventory Optimization Secrets for Aftermarket Parts

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more accurate[...]

15 October 2020

How Do You Plan for the Unpredictable? Advice for Supply Chain Planners in 2020

How Do You Plan for the Unpredictable?...

ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at Supply Chain Brain, to share anecdotes[...]

6 October 2020

Podcast: Designing Supply Chains for Sustainability

In episode four of Be Ready for Anything, hear from Martin Jertz, ToolsGroup's Business Development Manager for Central Europe, about how organizations can build sustainability[...]

22 September 2020

Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

Is Your Supply Chain Ready for Social...

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Supply chain practitioners know trends[...]

17 September 2020

Infographic: Facing Tighter Service Level Requirements?

A reliably high service level is your advantage against the competition. Make your inventory work to your benefit with our self-adaptive demand and inventory models.[...]

15 September 2020

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

Marketing Supply Chain Solutions Post-COVID: Q&A with...

How has COVID-19 affected your business? Are you experiencing a change in demand given the changes to the economy and government measures? Our business fortunately[...]

9 September 2020

Turn a Good Demand Forecast into the Optimum Inventory Plan

Turn a Good Demand Forecast into the...

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They[...]

28 July 2020

Tips to Keep Your Digital Planning Transformation on Track at Every Stage of the Journey

Tips to Keep Your Digital Planning Transformation...

The year 2020 has thrown us all for a loop, and the resulting drastic shifts in demand are motivating companies to accelerate the digital supply[...]

10 July 2020

Podcast: Minimizing Supply Chain Risk Amid COVID-19

In this episode of Be Ready for Anything, hear from Tommaso Chierchia, ToolsGroup’s Director of SOExpress Delivery, about the primary types of supply chain risk[...]

8 July 2020

Infographic: Machine Learning with a Human Touch

There are a lot of supply chain planning solutions out there. Why choose ToolsGroup? It’s simple: Our perfect blend of technology and human expertise. The[...]

30 June 2020

Get Started Using Machine Learning for New Product Forecasting

Get Started Using Machine Learning for New...

New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to[...]

Sales & Operations Planning Software S&OP provides the critical link between inventory, customer service and business performance by enabling cross-functional planning and bridging the gap between strategic planning and operational execution.

Promotions Planning Software Promotions Planning gives cross-functional teams the visibility to synchronize demand shaping campaigns and promotions with supply chain operations ensuring that inventory is in the right place to meet demand on a daily basis, right down to the store level.

Allocation and Replenishment Software Allocation and Replenishment automatically calculates optimal inventory levels for both existing and new items to create a phased, time-series plan that achieves target service levels even in the face of demand variability and distribution complexity.

Demand Planning & Sensing Software Demand Planning & Sensing automates the creation of demand plans using machine learning and by incorporating detailed short-term demand signals and demand collaboration, it reduces forecast error and optimally deploys inventory.

Planning as a Service Planning-as-a-Service provides business-focused, technology enabled resources to help customers quickly achieve value from their SO99+ implementation. It accelerates time-to-value over a traditional implement and learn approach.