BOSTON – (August 25, 2022) ToolsGroup, a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization.
ToolsGroup Service Optimizer 99’s self-adaptive demand and inventory models define the optimal mix of inventory across the multi-echelon supply chain to achieve aggressive service level targets while right-sizing inventory. Instead of rough approximations and one-size-fits-all logic, ToolsGroup inventory optimization automatically assigns a different service target to each individual SKU-L, pinpointing the optimum solution to meet business goals.
According to Quadrant Solutions’ website, “Traditionally, organizations have struggled with inventory optimization because supply chain sites frequently hold excess inventory to avoid stockouts…In the absence of an integrated, real-time view of customer demand and supply changes, the “bullwhip effect” can occur, in which uncertainty at each tier of supply leads to inflated stock levels for each successive upstream tier.”
“ToolsGroup is proud to be recognized by Quadrant Solutions as a leader in inventory optimization,” said ToolsGroup CEO Inna Kuznetsova. “Amid continuous disruption and fast-changing consumer demand, inventory agility is crucial. Our fundamentally different approach helps companies optimize for uncertainty, maximize service levels while achieving healthy inventory levels, and free up working capital.”
ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization
BOSTON – (August 25, 2022) ToolsGroup, a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization.
