ToolsGroup

MARCH 30, 2022

Nespresso’s complex coffee supply chain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. What drove Nespresso’s supply chain planning project?

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

AIMMS

NOVEMBER 9, 2020

Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Let’s explore them briefly in this blog post.

Modeling 156

Modeling Scenario Planning Optimization Modeling Modeling Software 156

Supply Chain Shaman

SEPTEMBER 13, 2023

She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Over the last two years, I actively engaged technologists and business leaders to redefine demand planning.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Logility

JULY 30, 2024

Continuous network optimization recognizes that supply chains are complex organisms. Continuous network optimization creates an environment where supply chain planning operates at the next level. World class organizations can sustain living models of their networks and keep them tuned to small, frequent changes.

Network Optimization Software 196

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 196

Logistics Viewpoints

NOVEMBER 4, 2024

It has led supply chain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supply chain solutions is eager to explain the ongoing investments they are making in artificial intelligence. AI is not a new technology in the supply chain realm; it has been used in some cases for decades.

Supply Chain Planning Software 283

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 283

Logility

NOVEMBER 17, 2023

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective.

Modeling 200

Modeling Scenario Planning Supply and Demand Demand Planning Software 200

Logistics Viewpoints

APRIL 4, 2024

During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning.

Supply and Demand 262

Supply and Demand Modeling Demand Planning Scenario Planning 262

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Sourcing Strategies 260

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 260

Logility

JULY 30, 2024

Continuous network optimization recognizes that supply chains are complex organisms. Continuous network optimization creates an environment where supply chain planning operates at the next level. World class organizations can sustain living models of their networks and keep them tuned to small, frequent changes.

Network Optimization Software 182

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 182

Logistics Viewpoints

OCTOBER 15, 2024

India’s growth story can continue if it streamlines and effectively manages its supply chain like the iconic dairy brand Amul that recently entered the US market. Amul’s model supports small producers by integrating large-scale economics, cutting out intermediaries, and connecting producers directly with consumers.

Optimal Sourcing 261

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 261

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supply chains struggle to adapt. This article explores how adaptive supply chains can help businesses thrive. This collaboration enables faster response times and cost savings.

Modeling 277

Modeling Network Optimization Supply Chain Design Software Material Savings 277

ToolsGroup

AUGUST 20, 2021

Looking for a relatively quick way to measure inventory health? “It It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. Here are the typical steps used to measure inventory health: Base case analysis and service level simulation.

Modeling 317

Modeling Inventory Reduction Inventory Forecasting 317

ToolsGroup

JULY 30, 2024

Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. This move automates their omnichannel supply chain planning and shifts them from a supply-driven to a demand-driven model.

ToolsGroup 156

ToolsGroup Modeling Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

MARCH 15, 2023

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.

Inventory Reduction 156

Inventory Reduction Inventory Management Software Modeling Inventory Management 156

ToolsGroup

JUNE 17, 2024

Items with intermittent, unpredictable or “long tail” demand are a growing part of business. Companies are dealing with more slow moving items with unpredictable demand patterns. This is making demand forecasting and inventory management more difficult, and the ability to recognize predictive demand signals more vital.

Forecasting 156

Forecasting Modeling Forecasting Software Demand Planning Software 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. for Global Supply Chain Inventory Optimization, 2022.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

Logility

MAY 17, 2022

Supply variability today. It’s tempting to think of supply variability as a recent phenomenon caused by COVID-19. Supply chain professionals know better. Supply disruptions are as old as trade itself. Averaging across industries, companies can now expect supply chain disruptions lasting a month or longer to occur every 3.7

Scenario Planning 173

Scenario Planning Modeling Supply Chain Planning Software Optimal Sourcing 173

Supply Chain Shaman

JANUARY 2, 2023

The question was, “How can I redefine demand planning processes to use channel data?” Their question was, “Why were consumer products companies not using retail data to drive demand processes?” A forecast is a time-phased view, or projection, of future demand. In an implementation, the details matter.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Logistics Viewpoints

JULY 10, 2024

ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.

Supply Chain Planning Software 265

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 265

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 173

Supply Chain Shaman

OCTOBER 23, 2024

In the supply chain management industry, words swirl but lack definition. Will we transform and improve supply chain planning systems based on AI? Over the past decade, over 320,000 supply chain leaders have followed me on LinkedIn. (I However, we need to challenge the base definition of supply chain planning.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 263

Logistics Viewpoints

MAY 9, 2024

In supply chain planning, a probabilistic approach that considers a wide range of possibilities is increasingly important amid complexity and changing conditions, to help planners decode uncertainty and make more informed decisions. Picture this: you need to plan your inventory levels for the upcoming holiday season.

Supply Chain Planning Software 279

Supply Chain Planning Software Scenario Planning Modeling Supply Chain Planning 279

Logility

SEPTEMBER 7, 2023

How AI powered demand planning solutions revolutionize the role of demand planners In today’s fast-paced and competitive business landscape, organizations are constantly seeking ways to optimize their operations and improve their supply chain.

Supply and Demand 194

Supply and Demand Modeling Demand Planning Demand Planning Software 194

Logility

DECEMBER 7, 2023

In the rapidly evolving world of supply chain management, relying on outdated notions or oversimplified strategies can lead to significant missteps. That’s why adapting forecasting methods is essential to navigate the diverse and constantly changing demand patterns effectively. Myth Two – Complexity equals inaccurate forecasting.

Forecasting 190

Forecasting Modeling Forecasting Software Supply and Demand 190

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. It’s a lose-lose game.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

Enterra Insights

OCTOBER 13, 2023

The Just-In-Time Supply Chain Model vs. Just-In-Case Supply Chain Model Several years ago, when the pandemic became a full-blown global crisis, most supply chains used the “just-in-time” model, which relies on resources and goods being available right when they’re needed. They didn’t have the full picture.”[2]

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Karl Swensen and Joe Lynch discuss solving the $1.8 Summary: Solving the $1.8

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

Logility

OCTOBER 19, 2023

Why Network Optimization Is the Key to Consumer Packaged Goods Supply Chain Resiliency It has been a few years since the onset of the pandemic exposed the tragic consequences of supply chain fragility within the consumer packaged goods (CPG) industry. They simply cannot keep pace with business dynamics.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Network Software 130

Logility

MAY 6, 2021

Fortunately, businesses are beginning to get the message as they consider the advantages of what-if scenario planning to foresee the possibilities ahead and get comfortable with a level of unpredictability that paralyzes actionable decision-making. . The True Meaning of What-If Scenario Planning .

Scenario Planning 238

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Planning 238

The Smart Software

AUGUST 19, 2024

Demand planning goes beyond simply forecasting product needs; it's about ensuring your business meets customer demands with precision, efficiency, and cost-effectiveness. Latest demand planning technology addresses key challenges like forecast accuracy, inventory management, and market responsiveness.

Supply and Demand 105

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 105

Logistics Viewpoints

JANUARY 1, 2024

Historically, omnichannel software solutions were not capable of optimization. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. The hierarchy of rules is too simple to fully optimize profitability.

Omnichannel 242

Omnichannel Modeling Optimization Software Optimization Modeling 242

ToolsGroup

FEBRUARY 10, 2022

As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. Let’s take a look at what demand shaping is and why it could be critical to your supply chain. What Is Demand Shaping? Influence Demand with these Demand Shaping Techniques.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Logility

SEPTEMBER 1, 2023

Demand forecasting plays a crucial role in business success, as it helps predict customer demand and plan inventory effectively. Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation.

Forecasting 173

Forecasting Forecasting Software Demand Planning Software Modeling 173

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

Supply Chain Shaman

MARCH 21, 2023

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation. Next steps?

Inventory Reduction 397

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 397

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Supply chain optimization has also improved in significant ways that can address these trade-offs better than before.

Optimal Sourcing 260

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 260

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.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 52