ToolsGroup

APRIL 18, 2024

BOSTON, MA and MILAN, ITALY – April 18, 2024 – ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. Find out more about ToolsGroup’s solutions for manufacturing here.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Supply Chain Matters

AUGUST 29, 2024

With a focus on hourly and daily labor and resource planning, inventory workflow, human-robotics interaction and space utilization, the company’s technology focuses on streaming operations, reducing travel and inventory handling while maximizing on-time and in-full (OTIF ) efficiencies and reliability in a company’s customer delivery performance.

Supply Chain Planning Software 86

Supply Chain Planning Software Gartner Supply Chain Software Warehousing 86

Clear Spider

MARCH 21, 2024

Supply chains are expected to operate effectively through natural disasters, pandemics, trade barriers, unforeseen factory shutdowns, and product recalls. AI inventory solutions create more powerful and adaptive supply chains. In today’s fast-paced world, simple, reactive supply chains just won’t cut it.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

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

ToolsGroup

SEPTEMBER 25, 2024

About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Stay in touch with ToolsGroup on LinkedIn , X , and YouTube , or visit www.toolsgroup.com.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. For example, a central headquarters might control all the hiring for an entire chain of retail stores. appeared first on Supply Chain Resource Cooperative.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

ThroughPut

JULY 16, 2024

Preeminent AI-powered Supply Chain Decision Intelligence platform launches new inventory features focused on driving top and bottom-line revenue for greater profitability and savings PALO ALTO, CA, July 16, 2024 /PRNewswire/ — ThroughPut Inc. , The latest release expands the ThroughPut.AI

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Optimization Software 52

ToolsGroup

MAY 23, 2023

With SO99+, illycaffe has the speed, data insights, and maneuverability to plan and manage inventory sustainably while supporting business growth and satisfying customers. It allows them to match inventory to customer needs, enhancing the consumer experience while avoiding detrimental excesses.

Gartner 156

Gartner ToolsGroup Supply Chain Planning Forecasting 156

ToolsGroup

APRIL 25, 2023

We’re also pleased to announce that one of ToolsGroup’s top customers, American Tire Distributors , has been selected to present on May 8, 12:05 pm on Stage 2, Supply Chain Xpo Atlantic Hall. Join a global community of CSCOs and supply chain executives in 2023.For Book a meeting here and stop by booth #344.

ToolsGroup 156

ToolsGroup Gartner Florida Inventory Reduction 156

ToolsGroup

MAY 6, 2024

Boston , MA – May 6 , 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the global launch of Decision Hub , an innovative solution enabling decision-centric planning through zero-latency decision alignment.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Shaman

OCTOBER 13, 2022

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Inventories increased by 44% due to supply chain volatility. These results herald upcoming issues for future manufacturing reporting earnings calls. Why Does This Matter?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Business continuity continues to be a risk for many retailers and manufacturers.

Supply Chain Planning Software 243

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

ToolsGroup

NOVEMBER 10, 2015

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution.

Modeling 120

Modeling Inventory Reduction Network Optimization Price Mitigation Strategies 120

Logistics Viewpoints

JULY 22, 2024

The same advice that prevails for their ERP – keep the core clean – is good advice for Cloud-based supply chain implementations. NSK is a large manufacturer of industrial machinery bearings, precision machinery and parts, and automotive bearings and components. NSK has committed to a five-year journey to implement RISE.

SAP 241

SAP Supply Chain Network Software Procurement Solutions Logistics Network Optimization Software 241

Logistics Viewpoints

FEBRUARY 23, 2022

Specifically, there were spikes in demand, and even though there was a lot of inventory available, the demand was surging. Then we moved into a phase where we had stationary, stale, and suspended inventory because we couldn’t get to it; retail stores and distribution centers were closed, and seasonal inventory was very challenged.

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Software Sustainability Trends 294

Logistics Viewpoints

SEPTEMBER 19, 2023

Resiliency, which is the ability to withstand supply chain shocks and bounce back quickly, has become the most important requirement for supply chains. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks. are most exposed to risk?

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 261

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. ” Maintaining the Right Inventory Balance. ” A Better Way.

Supply Chain Software 100

Supply Chain Software Inventory Reduction Inventory Management Software Optimal Sourcing 100

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58 There is no silver bullet.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

Supply Chain Shaman

APRIL 15, 2020

This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Track Supply Chain Planning Data. Evaluate Inventory.

Supply Chain Planning Software 442

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 442

RFgen

OCTOBER 6, 2023

Whether you’re a seasoned warehouse manager, a supply chain executive, or an IT professional, inventory management is probably a significant component of your work. Today’s top-performing supply chains leverage mobile inventory management solutions to conduct their work efficiently.

Inventory Management Software 52

Inventory Management Software Inventory Management Supply Chain Design Software Supply Chain Network Software 52

Supply Chain Matters

JUNE 9, 2023

Supply Chain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. The basis of this report, based on company experiences and executive interviews was that “ the strategy looks more like China plus many.”

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

BlueYonder

MAY 10, 2024

Artificial intelligence (AI) capabilities continue to improve at a rapid rate and will remain a focus in the supply chain with companies looking to drive efficiencies, reduce risk and take advantage of otherwise hidden opportunities. Once bitten twice shy.

Vendor Strategies 102

Vendor Strategies Material Savings Resource Reduction Price Reduction 102

The Logistics & Supply Chain Management Society

MAY 18, 2021

The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Logistics Viewpoints

AUGUST 7, 2023

A previous supply planning implementation, of an SCP system from a different supplier, had not gone well. When it comes to supply chain planning, the right technology solution can make a big impact on a business’ agility and resilience. Inventory decreased almost exactly as RapidResponse predicted it would.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 189

RFgen

MAY 2, 2019

The ability to meet a projected increase in demand with consistent reliability is a top priority for supply chain managers at chemical manufacturing firms, according to Supply Management. A survey by LogiChem reported that 70% of the 200 supply chain executives surveyed said reducing inventory is their top priority.

Chemicals 52

Chemicals Inventory Reduction Supply Chain Software Waste Reduction 52

RFgen

MAY 2, 2019

The ability to meet a projected increase in demand with consistent reliability is a top priority for supply chain managers at chemical manufacturing firms, according to Supply Management. A survey by LogiChem reported that 70% of the 200 supply chain executives surveyed said reducing inventory is their top priority.

Chemicals 52

Chemicals Inventory Reduction Supply Chain Software Waste Reduction 52

ToolsGroup

SEPTEMBER 18, 2023

About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Go to www.WomenInSupplyChainForum.com to register and learn more.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

Logistics Viewpoints

SEPTEMBER 25, 2023

the supply chain realm, Oracle added some healthcare functionality that allows for using a mobile device to better track inventory statuses. In hospitals inventory tends to be stored in all sorts of nooks and crannies across the facility. This is a relatively minor piece of new functionality.

Supply Chain Software 249

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Vendor Strategies 249

Precoro

MARCH 22, 2023

Consequently, supply chains today are struggling to cope with sales growth. While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape. Worse, new waves of infection in China show manufacturers may not be out of the woods yet.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Logistics Viewpoints

APRIL 15, 2021

Plan and Execute for Success. Some manufacturing, consumer brand, retail and logistics service companies made ambitious goals to delight customers through digital transformation but in some cases significantly eroded profit margins. He has a keen interest in digitalization and the value it generates throughout the supply chain.

Agile and Lean Supply Chain 271

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Planning 271

Logility

JUNE 30, 2022

resigned from their jobs in durable goods manufacturing. Food supply chains already heavily damaged by the effects of COVID-19 have received yet another blow from labor shortages. How Labor and Talent Shortages Affect Supply Chains. Supply Chain Resiliency in the Face of Labor Shortages: A Two-Pronged Approach.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Logistics Viewpoints

JANUARY 26, 2021

The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness. While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic.

Agile and Lean Supply Chain 286

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 286

ThroughPut

MAY 26, 2020

A Warehouse Management Software (WMS) is one that helps plan, control, and manage the day-to-day manufacturing operations in a warehouse along with the guidance of inventory movement, optimizing order picking, and shipping of customer orders. The WMS guides the overall order and inventory replenishment on the factory floor.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Modeling Software 52

Supply Chain Shaman

SEPTEMBER 22, 2021

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. The Supply Chain Executives were not interested in the project, and as a result, did not see the value.”

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207