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 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

ToolsGroup

AUGUST 25, 2022

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. Amid continuous disruption and fast-changing consumer demand, inventory agility is crucial.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

ToolsGroup

JANUARY 15, 2024

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite. Read more HERE.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Supply Chain Shaman

MAY 24, 2024

When we compare the companies listed on the Gartner Top 25 to peer group results for the period of 2013-2023, we find that 59% of the listed companies score below their peer group on year-over-year growth, 41% below their peer group on inventory turns, and 41% fall below their peer group on Return on Invested Capital (ROIC).

Gartner 355

Gartner Comparison Taiwan Groups 355

Logility

JUNE 23, 2023

They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. Minimize Overstock and Understock Situations Causal forecasting allows you to manage your inventory more efficiently, leading to substantial cost savings. And the result?

Forecasting 191

Forecasting Forecasting Software Modeling Predictive Analytics Software 191

ToolsGroup

APRIL 17, 2024

The recent eP Summit conference, the Pitti Immagine event focused on the latest digital and technological innovations tailored for the fashion industry, featured approximately 800 specialized operators and an extensive program of roundtables and presentations. Advancing Innovation in Smart Factories 1.

Supply Chain Design Software 294

Supply Chain Design Software Waste Reduction Supply Chain Planning Software Inventory Reduction 294

Supply Chain Shaman

OCTOBER 11, 2023

Leaders in building supply chain capabilities on graph technologies are failing to drive break through process innovation. The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Innovation is slowing. Innovation. Measurement.

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 392

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. We are very excited about this new chapter in Evo’s journey.”

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Logistics Viewpoints

MAY 25, 2021

These companies are fueled by creating innovative solutions that allow stakeholders to weigh the carbon emissions of transportation modes against service and cost. For retailers, supply chain sustainability is part of the conversation about inventory. This thinking can also shift how companies view freight transportation in general.

Supply Chain Planning Software 337

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 337

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Logistics In line with the past several years, inventory management continues to be the top focus area in logistics.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 285

ToolsGroup

JULY 28, 2023

ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies. 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.

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

ToolsGroup

SEPTEMBER 26, 2023

Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” EvoAI was built on two guiding principles that distinguish it from other retail planning tools: Prescriptive analytics Quantum learning Innovation Through Analytics EvoAI is a prescriptive, not predictive tool.

Prescriptive Analytics Software 296

Prescriptive Analytics Software ToolsGroup Supply Chain Planning Software Analytics Software 296

ToolsGroup

AUGUST 8, 2023

That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement. Show Me More →

ToolsGroup 293

ToolsGroup Modeling Supply Chain Design Software Supply Chain Planning Software 293

Supply Chain Shaman

MAY 25, 2024

The second part of the story is that inventory turns for Lenovo are 10.8, Ranking at #13, PepsiCo outperforms on inventory turns, but performance is declining. Innovation in plastic shoe design, and the design of the supply chain to maximize value. Lenovo posts a 2% average margin compared to the industry average of 6%.

Eliminating Excel in Purchasing 318

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 318

Supply Chain Shaman

APRIL 30, 2020

Together, we need to go to a place that we have never been before in the evolution and innovation of supply chain processes. The companies are just not good at managing inventories and orchestrating distribution strategies. Building sensing capabilities requires partnering with smaller and innovative technologists. For example.

Supply Chain Design Software 355

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

Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) What is the role of inventory?

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 315

Supply Chain Shaman

APRIL 15, 2020

I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory. What to do?

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. But with every challenge, there is an opportunity to innovate and grow. Supply Chain Management and Maintaining Inventory. Inventory management software is an important solution.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

ToolsGroup

NOVEMBER 8, 2021

Retailers now have a powerful new arsenal of deep planning expertise to model and forecast uncertain demand, manage product life cycles and dynamically allocate inventory to raise product availability across channels. Solomon Partners and Kirkland & Ellis served as advisors on the transaction. 1 Adobe Digital Economy Index.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

Logistics Viewpoints

OCTOBER 17, 2024

Suppliers are now crucial strategic partners that support product innovation, efficient supply chains, and overall competitiveness. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. They are no longer just vendors of goods and services.

Manufacturing Procurement 248

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 248

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

DELMIA Quintiq

SEPTEMBER 16, 2021

When disruptions like unexpected shortages, scheduling slip-ups or inefficient resource allocations occur, MPS offers the ability to quickly react to changes in inventory and evaluate different alternatives for optimal production scheduling. DELMIA Quintiq Master Production Scheduling (MPS).

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

DELMIA Quintiq

JULY 7, 2021

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. Typically, they start building inventory at the end of the year by implementing reliable demand forecasts plus sound inventory and production management.

Supply and Demand 296

Supply and Demand New Zealand Supply Chain Planning Inventory Reduction 296

Logistics Viewpoints

NOVEMBER 20, 2024

These pillars provide a comprehensive framework to align operational goals with broader corporate and societal objectives, fostering resilience, innovation, and long-term value. Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

DELMIA Quintiq

SEPTEMBER 17, 2020

Consumers are also expecting more innovative packaging, which can add to production complexity. As manufacturers continue to innovate with new brands and flavors, the existing brand portfolio must be managed to control excess finished goods stock, raw material and container inventory. How to craft a competitive advantage.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Logistics Viewpoints

JANUARY 21, 2021

Lower inventory costs: Increasing the accuracy of transportation lead times will reduce safety stock levels and warehousing costs by eliminating unnecessary inventory that’s used as a hedge against transportation uncertainty.

Predictive Analytics Software 358

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 358

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

Inventory Reduction 90

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 90

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. Some challenges in managing your supply chain during the fall festival season include hiring and retaining the workforce, ensuring inventory is plentiful, proper amount of storage and being alert for anything unexpected. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

Supply Chain Shaman

JANUARY 9, 2024

An average margin of 21% with inventory turns of 1.58 As shown in Figure B, the company improved cash-to-cash through the extension of payables, but never improved inventory levels after the spin-off from Kraft. Outperformers Focus on Customer-centric Innovation. Struggling, they are not sure what to do next.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For a gal like me, innovation is painfully slow. Companies are hanging their hats on marketing buzzwords, not innovation. While the term AI is bandied-about, innovation is slow.

Supply Chain Planning Software 373

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 373

Logistics Viewpoints

FEBRUARY 3, 2021

Innovation, Selection, and Futureproof Investments. For example, some technologies allow for scaling of throughput and inventory needs independently. However, automation is also being adopted to bring down lead times and to be able to flex to changing demands. Warehouse automation investments are a ten-plus year decision.

Warehousing 331

Warehousing Supply Chain Software Supply Chain Optimization Optimization Software 331

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. Its implementation transforms how businesses manage inventory and forecast demand, leading to streamlined and effective decision-making processes.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 261

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The Companies with the greatest success are smaller and usually drive product innovation into the market. Don’t you find the number of “experts in S&OP a bit humorous?

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

ToolsGroup

DECEMBER 17, 2024

According to McKinsey & Company and BoF Insights State of Fashion 2025 report, achieving Inventory Excellence is a critical priority for retailers aiming to remain profitable amidst these economic challenges.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Cost Reduction Strategies 156