ToolsGroup
NOVEMBER 30, 2020
With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%. Reporting sped up by 50%.
ToolsGroup
MAY 2, 2024
At a time when disruptions and uncertainties have become the norm, it is truly gratifying that our AI-driven supply chain solutions are helping brands around the world maximize their service levels while minimizing inventory and working capital investments, regardless of the complexity of their supply chain or the amount of uncertainty.”
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Logistics Viewpoints
AUGUST 9, 2022
While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?
Logistics Viewpoints
SEPTEMBER 13, 2021
Lean speaks of the seven wastes: overproduction, unnecessary transportation, inventory, motion, defects, over processing, and waiting. Since then, manufacturers around the world have embraced lean. They supply inventory to support the next week or two of a plant’s production schedule. When Should Inventory be “Fat”?
ToolsGroup
JULY 30, 2019
BOSTON (July 30, 2019) – ToolsGroup, a global leader in service-driven supply chain planning software, has promoted Mauro Adorno to managing director of Europe. Previously, Adorno served as ToolsGroup’s managing director for Central Europe and sales director for the DACH region.
CHAINalytics
MAY 4, 2022
The project involved two organisations – each comprising various plants and logistics centres across Europe – to enhance stock visibility and better optimisation of inventory, helping a global manufacturer of forestry products increase service levels and reduce the value of working capital tied-up in excess stock.
ToolsGroup
JANUARY 15, 2024
To qualify for inclusion in the Supply Chain Planning category, a product must provide planning tools for demand, inventory, replenishment, and ordering, facilitate delivery schedules and load planning, and customize plans based on individual business priorities.
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