About ToolsGroup Events Leadership Team Trust & Security News Our Partners Network Careers Press Kit ← NEWS Costa Express and ToolsGroup Win European Supply Chain 12 Nov 2013 Linkedin → Twitter → Facebook → Email link → How useful was this post? Click on a star to rate it! Submit Rating Thank you for voting! Average rating: 0/5. No votes so far! Be the first to rate this post. SHARE → Subscribe to the Supply Chain Planning Blog Keep up with the latest trends, research, and insights about supply chain planning, demand forecasting and inventory optimization. From Our Blog 20 March 2025 Probabilistic Demand Forecasting: Revolutionizing Supply Chains Probabilistic Demand Forecasting: Revolutionizing Supply Chains At ToolsGroup, we've long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. This advanced approach[...] 19 March 2025 How AI is Transforming Aftermarket Parts Planning How AI is Transforming Aftermarket Parts Planning Your Aftermarket Supply Chain is More Complex Than You Think: Stop Guessing, Start Optimizing Let’s be honest: managing spare parts inventory requires specialized strategies unlike[...] 18 March 2025 How Demand Forecasting Software Turns Uncertainty Into a Competitive Advantage How Demand Forecasting Software Turns Uncertainty Into... The supply chain industry is no stranger to uncertainty. Unexpected challenges – like shifts in global markets, economic upheaval, commodity shortages, advancements in technology, or[...] 13 March 2025 The Counterintuitive Truth About Inventory Optimization The Counterintuitive Truth About Inventory Optimization Optimize /ˈɒptɪmʌɪz/ verb 1. make the best or most effective use of (a situation or resource). (Oxford Languages) One of the biggest challenges in supply[...] 11 March 2025 Building a Winning Business Case for Demand Forecasting: A Comprehensive Guide Building a Winning Business Case for Demand... Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand[...] 5 March 2025 How AI-Powered Demand Forecasting Transforms New Product Introductions How AI-Powered Demand Forecasting Transforms New Product... Effective demand planning software is essential for businesses managing short and unpredictable product life cycles. A well-structured demand forecasting strategy for new product introductions (NPI)[...]