BOSTON – June 11, 2025 – ToolsGroup, a leading provider of retail and supply chain planning solutions, was named an industry leader in a recent QKS Review, The Retail Forecasting Gap – Why Probabilistic Forecasting is Retail’s Mandatory Upgrade. The review evaluates vendors on their ability to deliver probabilistic forecasting, which QKS notes, “is no longer a strategic advantage—it’s the bare minimum for retail demand planning and supply chain resilience.”
ToolsGroup stood out not only for its ability to deliver better predictions but also for enabling true end-to-end demand orchestration. Its advanced demand engine generates a full probability distribution for every SKU-location-time combination, leveraging machine learning and real-time market signals to support smarter, faster decision-making.
In an environment where retail volatility is constant and predictability is elusive, ToolsGroup distinguishes itself by making probabilistic forecasting not just insightful, but operational,”said Dharun R, Analyst at QKS Group. “Its ability to translate probability distributions into real-time inventory and replenishment actions sets it apart from other vendors. It isn’t just forecasting demand; they’re orchestrating it. For retailers seeking agility, resilience, and automation at scale, ToolsGroup represents the benchmark. Additionally, ToolsGroup’s system continuously learns and adapts, reducing human error and enabling autonomous supply chain execution at scale. While others simply calculate possibilities, ToolsGroup automatically transforms insights into action for improved supply chain planning. “We’re honored to be recognized by QKS for delivering on the promise of probabilistic forecasting,” said Kevin Young, CMO and EVP of Growth at ToolsGroup. “Running a supply chain is difficult even under ideal conditions, and increasing complexity and uncertainty only make it harder. At ToolsGroup, we empower organizations to make smarter, data-driven decisions and quickly adapt to market shifts, helping them stay ahead of disruptions through advanced demand planning.” To learn more, explore the full QKS review and accompanying video:
- QKS Review: The Retail Forecasting Gap – Why Probabilistic Forecasting is Retail’s Mandatory Upgrade