ToolsGroup Named a Leader in Nucleus Supply Chain Planning Technology Value Matrix 2021
BOSTON, March 19, 2021 – ToolsGroup, a global leader in supply chain planning software, has been named a leader in the Nucleus Research SCP Technology Value Matrix 2021.
In a world that rarely follows the rules, ToolsGroup Service Optimizer 99+ supply chain planning software helps companies reach or exceed service levels while minimizing inventory—no matter how complex the supply chain is, or how much demand changes. Its powerful probabilistic demand forecasting, inventory optimization, and replenishment planning help manufacturers, distributors and retailers across the globe achieve 15-30% reductions in inventory while improving service, and 40-90% reduction in planner workload with machine-learning automation.
According to the Nucleus Research website, “With external disruptions causing chaos for regular enterprise activities in 2020, robust supply chain planning solutions stormed into the tech world limelight and became must-have software tools in short order. Resilient plans and operational agility are crucial for companies to successfully navigate dynamic business environments while accounting for resource constraints and customer service requirements. The best-of-breed approach still resonates among customers with acute pain points, but vendors must prove that they are capable of delivering long-term value through the ability to adapt to a variety of use cases.”
“ToolsGroup is proud to be recognized by Nucleus as a leader in supply chain planning,” said David Barton, ToolsGroup’s general manager of North America. “Our service-driven supply chain planning enables our customers to make the most efficient use of inventory in fulfilling their customer orders. Companies that invest in the type of service level optimization we deliver are more resilient during times of crisis, serve their customers more effectively, and provide the highest returns to their shareholders.”
Access the Nucleus SCP Technology Value Matrix by Andrew MacMillen, March 2021.
ToolsGroup and Service Optimizer 99+ are trademarks of ToolsGroup. All other trademarks, registered trademarks and service marks are the property of their respective owners.
ToolsGroup is how organizations achieve their target service levels while optimizing inventory, no matter how complex their supply chain is or how much demand changes. In a world that never follows the rules, organizations have to be ready for anything – from the challenges of multi-echelon inventory optimization to the endless surprises of sporadic demand. To do this, they have to predict more behaviors, protect against surprises, and perform more efficiently. Only ToolsGroup makes all this possible. That’s why global leaders like Absolut, BP and Harley-Davidson continue to rely on us year after year. Visit www.toolsgroup.com and follow us on Twitter @ToolsGroup.