ToolsGroup

JANUARY 13, 2025

New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.

ToolsGroup 156

ToolsGroup Inventory Reduction Optimization Software Supply Chain Optimization 156

Logistics Viewpoints

MARCH 26, 2025

Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks.

Supply Chain Planning Software 231

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 231

RFgen

DECEMBER 26, 2024

Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Mobile inventory management offers a transformative solution, providing the real-time data and streamlined workflows needed to optimize operations and gain a competitive edge.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Inventory Management Software Waste Reduction 98

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

ToolsGroup

OCTOBER 14, 2024

This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Optimization (MEIO) model, transformed their operations. It played out as follows.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 305

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 305

Logistics Viewpoints

MARCH 12, 2025

They follow “if-this-then-that” (IFTTT) logic, meaning that when certain conditions are met, the contract automatically executes an agreed-upon action, such as releasing a payment, updating an inventory record, or verifying a shipment. Inventory counts often require manual audits, which are time-consuming and prone to mistakes.

Supply Chain Design Software 280

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Negotiating Skills 280

Logistics Viewpoints

OCTOBER 14, 2024

This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. The platform collects data and makes sure the master data is internally consistent. You set a target inventory level.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Planning Scenario Planning Procurement Analytics 289

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 304

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 304

RFgen

NOVEMBER 27, 2024

That’s where data analytics comes in. Modern supply chains thrive on real-time data, execution-focused applications, and dynamic decision-making. In this post, we’ll explore how data analytics can revolutionize your supply chain. Demand Forecasting: Analyze past data to predict future needs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

ToolsGroup

JANUARY 21, 2025

Returns Management and Integration With 35% of online purchases being returned, predominantly to physical stores, retailers are grappling with the ripple effects on inventory management. Early adopters of these integrated platforms report significant improvements in inventory turnover and reduction in stockouts.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Logistics Viewpoints

JANUARY 21, 2025

Understanding AI Agents At its core, an AI Agent is a reasoning engine capable of understanding context, planning workflows, connecting to external tools and data, and executing actions to achieve a defined goal. Integrate with External Tools and Data: AI Agents can augment their inherent language model capabilities with APIs and tools (e.g.,

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 300

Logistics Viewpoints

MARCH 27, 2025

They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. They are applying predictive analytics and data science to choose an optimal response quickly, driven by facts and pre-defined business outcomes. billion to $23.07

Supply Chain Planning Software 333

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 333

Logistics Viewpoints

JULY 23, 2024

Data is the lifeblood of AI in the supply chain. Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem.

Optimal Sourcing 312

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 312

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Trillion Inventory Distortion Problem In this podcast, Karl Swensen, CEO and Co-founder of Pull Logic, discusses how their AI-enabled technology helps retailers, brands, and manufacturers reduce lost sales by addressing supply chain and selling process failure points. Summary: Solving the $1.8

Inventory Reduction 264

Inventory Reduction Inventory Inventory Management Software Modeling 264

ToolsGroup

APRIL 17, 2025

Businesses must analyze vast amounts of data to predict ever-changing consumer behavior accurately. Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. External Data Integration Incorporates real-time external data to improve forecast accuracy.

Forecasting 156

Forecasting Modeling Supply and Demand Optimal Sourcing 156

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. There are many strategic initiatives that can be undertaken to reduce lead time, from contract negotiations, supplier rationalization, vendor managed inventory options, strategic network design and numerous others.

Real-time Visibility 306

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 306

ToolsGroup

MARCH 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables. The result?

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

Logistics Viewpoints

JANUARY 11, 2024

Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. The data locked in black boxes across your operating network causes you, and your network, to operate ineffectually. Your “story” is in your data.

Supply Chain Planning Software 316

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 316

Supply Chain Shaman

APRIL 2, 2025

Drip Big Data. To use optimization, the data had to be cleaned and stored in pristine condition in a data jail (rows and columns of traditional database technologies). The good news is that in the last year, Kinaxis, OMP, and O9 have fundamentally changed their architectures to use semi-structured data. Industry 4.0.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

ToolsGroup

MARCH 31, 2025

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

The Logistics of Logistics

JANUARY 7, 2025

With its recent acquisition of Orderbot, a distributed order management solution, OneRail is integrating inventory and order management capabilities to enable store-shelf-to-doorstep visibility. OneRail’s platform includes order management, inventory management, and real-time visibility.

Inventory Reduction 264

Inventory Reduction Expense Reduction Cost Reduction Strategies Logistics Network Optimization Software 264

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. Further, AI-driven demand sensing allows businesses to combine scattered data which is essential for better forecast accuracy. People are used to interacting with data in a complex waynot just for scheduling but to get real, in-depth answers.

Supply and Demand 192

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 192

Logistics Viewpoints

APRIL 16, 2025

5G networks significantly improve data transmission speed, latency, and device connectivity, revolutionizing supply chain operations. This setup allows teams to collaborate in real time, sharing video and diagnostic data across geographies. Lufthansa Technik uses 5G for virtual inspections of aircraft parts.

Supply Chain Planning Software 188

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 188

Logistics Viewpoints

APRIL 10, 2025

Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. The Shift Toward Resilience The strategic conversation is beginning to shift. Visibility is the next critical step.

Optimal Sourcing 224

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 224

RFgen

DECEMBER 19, 2024

That’s the power of manufacturing data collection. Data transforms operations. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Let’s dive in and unlock the potential of your manufacturing data.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

The Logistics of Logistics

OCTOBER 29, 2024

Offering comprehensive solutions, including warehousing, order fulfillment, and inventory management, Launch Fulfillment helps eCommerce brands streamline their supply chains. Client Access & Transparency: Provides client access to their shipping data for increased transparency and decreased administrative overhead.

Logistics Network Optimization Software 245

Logistics Network Optimization Software 3PL United Kingdom Supply Chain Software 245

Supply Chain Matters

MARCH 11, 2025

In this commentary we focus specifically on the importance of a broader end-to-end data management framework while overcoming the fragmentation of data that is locked in separate, unconnected software applications.

Supply Chain Execution 95

Supply Chain Execution Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 95

Logistics Viewpoints

SEPTEMBER 25, 2024

IoT: Powering the Future of Digital Product Passports The Internet of Things (IoT) continues to impact how industries track products and manage data. This network of devices enables seamless, automatic data collection from physical objects in near real-time.

Internet of things 290

Internet of things Real-time Visibility Supply Chain Design Software Supply Chain Network Software 290

Logistics Viewpoints

NOVEMBER 18, 2024

Energy management solutions are products that energy utilities use to produce power and data centers use to consume power. By 2014, the company had purchased the Coupa solution, developed an internal modeling team, and created data extraction and cleansing routines. This is when the firm hired Mr. Botham.

Supply Chain Design Software 306

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 306

ToolsGroup

MARCH 25, 2025

Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156