ToolsGroup

SEPTEMBER 30, 2024

This sector is driven by several factors, including the ageing vehicle population, the rise of e-commerce platforms , and technological advancements in vehicle manufacturing. As vehicles age, they require more frequent maintenance, leading to increased demand for aftermarket parts.

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

DELMIA Quintiq

APRIL 6, 2020

In any regular year, manufacturers of seasonal foods such as ice cream, beer and BBQ meat have to deal with uncertainty because consumption of their products are highly dependent on food trends and the weather. Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

ToolsGroup

FEBRUARY 28, 2023

“ToolsGroup SO99+ improved the accuracy of our forecasts for slower moving items by 5-10%,” said Sarah Voorhees, Vice President of Demand and Inventory Planning at American Tire Distributors. Demand planners need to be able to act quickly and decisively,” says ToolsGroup CEO, Inna Kuznetsova. release HERE.

Supply and Demand 156

Supply and Demand Modeling ToolsGroup Demand Planning 156

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? Do you have whiplash yet?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

The Logistics of Logistics

NOVEMBER 22, 2021

Demand Planning in VUCA Times with Ali Raza. Ali Raza and Joe Lynch discuss demand planning in VUCA times. He has managed onshore/offshore/war zone logistics as well as batch, continuous, and discrete manufacturing setups. Key Takeaways: Demand Planning in VUCA Times. About Ali Raza.

Supply and Demand 130

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 130

DELMIA Quintiq

SEPTEMBER 17, 2020

Some manufacturers saw a complete devastation of their keg businesses. Beer manufacturers that mainly relied on on-premise consumption are beginning to rethink their business models. Instead of large-sized packs of beer, consumers demand smaller packages that are easier to carry. A quick guide to meeting consumer demand.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. (The Instead, we need to Jump.

Inventory Reduction 402

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 402

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

ToolsGroup

JULY 28, 2023

With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies.

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

ToolsGroup

MARCH 16, 2023

We knew we could maintain and raise this level of service, limit waste, and improve profitability by adopting a solution that applies this innovative drive to our planning processes, streamlines collaboration, and increases forecast accuracy.”

Supply and Demand 156

Supply and Demand Forecasting Software Forecasting Supply Chain Planning Software 156

Logistics Viewpoints

JULY 10, 2024

Supply chain resilience refers to planning for things that could go wrong and then creating inventory buffers or contingency plans. SCP solutions provide a solid ROI based on hitting targeted service levels with less raw material, work-in-process, or finished goods inventory.

Supply Chain Planning Software 251

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 251

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Here are four ways smart supply chain planning directly impacts sustainability initiatives.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

ToolsGroup

JANUARY 21, 2020

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. Moreover, the supply cycles of manufacturers who are very far away can be quite long. Inventory management is the key. Inventory management is the key.

Optimal Sourcing 35

Optimal Sourcing ToolsGroup Inventory Reduction Optimization Software 35

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

ToolsGroup

SEPTEMBER 23, 2022

BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. .

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

Logistics Viewpoints

MAY 30, 2022

The company engages in contract manufacturing services for companies. Then Jabil handles the sourcing and manufacturing of those products. Tymon’s contribution to Jabil’s offerings is a service line known as ‘planning-as-a-service.’. Manufacturing occurs at over 115 sites around the world. Jabil is a big company.

Supply and Demand 44

Supply and Demand Supply Chain Planning Software Scenario Planning Supply Chain Design Software 44

DELMIA Quintiq

DECEMBER 23, 2014

Tip 4: Create single demand forecasts that cover multiple channels. To improve demand planning and forecasting, managers must look towards improving collaboration internally. Learn what it takes to become a demand forecasting expert. Learn what it takes to become a demand forecasting expert.

Modeling 299

Modeling Supply Chain Planning Software Inventory Reduction Scenario Planning 299

Supply Chain Shaman

JUNE 30, 2023

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 322

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

DELMIA Quintiq

JULY 7, 2021

Ultimately, it’s all about having a reliable demand plan. A key challenge is to not over-produce and stock up on excessive inventory while at the same time be ready for summer by securing on-shelf availability and fulfillment. The Scoop in Smart Planning. That´s too late.

Supply and Demand 296

Supply and Demand New Zealand Supply Chain Planning Inventory Reduction 296

Supply Chain Shaman

APRIL 19, 2021

You will never be successful in selecting planning software from an RFP or an analyst model. I am constantly surprised how many intelligent manufacturing teams buy software from PowerPoint. The team should focus on the goal and then build test plans to test alternatives. My organization does not believe in demand planning.

Supply Chain Planning Software 281

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 281

ToolsGroup

DECEMBER 16, 2019

BOSTON (December 13, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2019 Vendor Assessment. Supply chain planning automation is all about making better, faster decisions and freeing up working capital.”

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

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 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

Supply Chain Shaman

NOVEMBER 9, 2023

Forecast consumption into supply planning based on rules (rules-based-consumption). Translation of the demand forecast into planned orders to minimize manufacturing constraints. Matching demand and supply in Sales and Operations Planning (S&OP). Plan adherence in production scheduling.

Optimal Sourcing 348

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 348

ToolsGroup

MARCH 4, 2020

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. Start Today.

Supply Chain Planning Software 270

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 270

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. (For

Optimal Sourcing 305

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 305

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 315

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Supply Chain Shaman

AUGUST 18, 2022

In helping companies to understand the value, I find that each customer is a bit different in culture and political dynamics but amazingly consistent in their gaps in understanding supply chain planning. This large food manufacturer used a popular technology to forecast monthly using orders as an input. The takeaway?

Supply and Demand 259

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 259

ToolsGroup

SEPTEMBER 9, 2020

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods.

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

ToolsGroup

MAY 13, 2019

ToolsGroup helps companies like Absolut, American Tire Distributors, Harley Davidson, Lennox and Thule profitably balance service and inventory despite increasing demand uncertainty. “I ToolsGroup supply chain planning and demand analytics software helps companies deliver exceptional service while reducing global inventory.

North America 48

North America ToolsGroup America Supply Chain Planning Software 48

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. The research supports that we have not improved supply chain visibility, and we are going backwards in delivering results through supply chain planning.” Future for Probabilistic Planning?

Supply Chain Planning Software 341

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 341

ToolsGroup

JULY 27, 2021

Make Sure Your Inventory is Healthy. Getting to healthy inventory levels is a natural result of leveraging downstream demand with demand sensing. Consumer goods supply chains have arguably one of the toughest tasks here due to seasonal demand changes and new product introductions. Read more of Boise’s story here.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

Supply Chain Shaman

APRIL 30, 2020

During the pandemic, demand fell, and it was now available. The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 355

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Preparing for Market-Driven Demand. Advanced Inventory Management.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174