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

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

Logility

SEPTEMBER 12, 2024

The cloud has emerged as the cornerstone of modern business and supply chain innovation. From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 198

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. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Evaluate Inventory. Evaluate inventory health weekly.

Supply Chain Planning Software 440

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

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

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

DELMIA Quintiq

SEPTEMBER 16, 2021

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

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. Consumers are also expecting more innovative packaging, which can add to production complexity. billion liters less than in 2019.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Supply Chain Shaman

APRIL 30, 2020

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. Innovate with home delivery. The difference? Why does this matter?

Supply Chain Design Software 355

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

Logistics Viewpoints

OCTOBER 17, 2024

Suppliers are now crucial strategic partners that support product innovation, efficient supply chains, and overall competitiveness. Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. 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

DELMIA Quintiq

MAY 11, 2022

The production of steel is an energy-intensive manufacturing process and the amount required for it is typically generated by burning fossil fuels whose carbon emissions further contribute to the global climate crisis. The steel industry is in great need for supply chain innovation. Technological challenges. Supply chain challenges.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

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

NOVEMBER 8, 2021

Agile supply chain management remains a core mission that manufacturers, distributors and retailers must get right. 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.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

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

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

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. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. Here are a few of the gaps.

Optimal Sourcing 306

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 306

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

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. The company transitioned from an innovator in the 1990s to a late adopter in the last decade. Keith was an undisputed leader in building talent to drive manufacturing excellence. Table of Performance.

Procurement Analytics 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

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. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

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. Other critical functions include order management, manufacturing, and product development.

Supply Chain Planning Software 285

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

ToolsGroup

APRIL 20, 2023

By implementing ToolsGroup Service Optimizer 99+ (SO99+) , Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Read Gaviota’s full story and discover the secrets behind ToolsGroup’s unique probabilistic forecasting and inventory management solutions here.

Supply Chain Planning Software 156

Supply Chain Planning Software Inventory Reduction ToolsGroup Supply Chain Planning 156

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. . About ToolsGroup. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. Sustainable Transformation Requires Digitalisation.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

BlueYonder

FEBRUARY 14, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. Global Complexities Terence: Industrial manufacturing companies are modifying their supply chain landscape and operations to prepare for the new world. Sunil: The No.

Manufacturing Procurement 141

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 141

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. Headquartered in Atlanta, Verusen has been named one of Georgia’s Top 10 Innovative Technology Companies. Industrial Distribution business unit.

Optimal Sourcing 265

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 265

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 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

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

AUGUST 24, 2020

I struggle to understand why innovation in supply chain networks stalled. Innovation for supply chain leaders in building value networks stalled. The Venture Capitalists skimmed profit but have not driven innovation. Get active at the board level and drive accountability and innovation. Start With Definitions.

Supply Chain Network Software 339

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 339

ToolsGroup

JUNE 11, 2020

SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation. According to Gartner, “the Gartner Supply Chainnovator Awards is an annual research program that identifies, assesses and awards outstanding examples of Supply Chain Innovation.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. E2open has come up with an innovative way of doing this. The company provides demand and inventory planning solutions based on a public cloud architecture.

Inventory Reduction 255

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 255

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

Logistics Viewpoints

JANUARY 14, 2021

Record-setting speed of medical innovation delivered multiple COVID-19 vaccines in less than a year. Retailers, manufacturers and others welcomed new e-commerce customers, sold new types of products, and fulfilled more direct and online orders. They studied the value of getting inventory closer to customers.

Supply Chain Planning Software 252

Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software Inventory Management Software 252

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies. It combines robotics, analytics, and the Internet of Things (IoT).

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

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. Business continuity continues to be a risk for many retailers and manufacturers. My take away?

Supply Chain Planning Software 243

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

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

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. Is this success? I don’t think so.

Gartner 361

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 361