This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supplychain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for SupplyChain Planning Solutions (July 2023).
Are you making an action plan of all the things you could do better and faster with your supplychain planning software when the next global crisis hits? The disruption we’ve seen in supplychain planning as a result of the pandemic is unprecedented. How will the technology remove these barriers?
Technology can have a significant impact on supplychains, but supplychain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supplychains for the organizations that adopt them.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
The SVP of SupplyChain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supplychain and omnichannel strategy at a high level. Walmart has been very open about what it takes to compete with Amazon. billion, 4.1%
Based on this, a multiple-month financial, supplychain, and capital expenditure plan is produced. A supplychain planning application is the core technology that enables robust planning. Historically, the supplychain plan that resulted from the IBP process was too static. More than 5.6
Selecting a new enterprise technology or supplychain planning software provider can be wrought with challenge and risk. Specifically: people have lost their jobs over poor technology selections and failed implementation projects. This is especially true in supplychain planning & management platforms.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supplychain.
The industrial sectorparticularly supplychain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. Colin Masson, ARC Advisory Groups expert on Industrial AI.
During our conversation, Eddie and I spoke about the changing nature of global supplychains in the face of the ongoing Covid pandemic as well as the continuing surge of e-commerce. First, what is the current state of supplychaintechnology? Fourth, what makes order management technology dynamic?
I’ve completed research on supplychain planning (SCP) boutiques. We are teaming up to bring you the coolest supplychain boutiques, listed alphabetically, that we identified through those studies. enVista provides across-the-board supplychain and logistics consulting. What is a boutique?
A digital workforce weaves together disconnected automationtools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supplychain management. Procurement.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
Inventorystrategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Instead, supplychain leaders indicate a readiness to pursue a dramatic shift in how their organizations operate.
But, with a well-planned strategy, you too can reduce expenses in your workplace. Protect Inventory You can’t function as a business without a well-stocked inventory. Still, some losses are a predictable expense and you can’t entirely eliminate them. Either you reduce pay or find a way to increase work efficiency.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychainvendors have been touting their investments in artificial intelligence (AI) for the last several years. The agent technology is much more complicated than the math.
With faster, more reliable connectivity, logistics systems are becoming more efficient and automated. Supplychains can now handle larger amounts of data in real time, allowing for quicker decision-making. Maintenance predictions also benefit from the technology, allowing for proactive fleet management.
Autonomous SupplyChains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.
Full disclosure: I work for a best-of-breed supplychain planning vendor so I will do my best to take an unbiased approach as I provide my opinions on how to solve the challenges of planning today’s supplychains with all its complexity and volatility. How free is free software? Does it work?
We are really excited to get multiple mentions in Gartner’s Hype Cycle for SupplyChain Planning Technologies , which was released in October 2019. We feel like we’ve come a long way with our supplychain focus in recent years and SupplyChain Planning seems like ‘home sweet home,’ with all of our capabilities covered.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. One of the most popular cybersecurity frameworks in use today is the National Institute of Standards and Technology (NIST) framework.
After a dramatic drop at the beginning of the pandemic, SupplyChain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. The majority of the transactions are in Enterprise Resource Planning (91) versus supplychain planning (31).
But then, supplychain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.
You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supplychain planning software supports green initiatives. Here are four ways smart supplychain planning directly impacts sustainability initiatives.
A proof of concept (POC) is an increasingly common method to select the best supplychainsoftwarevendor for your company, yet many supplychain practitioners still lean on the traditional RFI (request for information) tool. Software selection is risky. Seven Ways RFIs Fall Short.
The extreme volatility of the last two years, which continues today, has starkly demonstrated the need for logistics professionals to monitor real-time conditions across the extended end-to-end value chain, recognize and broadly communicate any changes, and respond immediately in a synchronized, orchestrated manner.
Supplychain management has been in the news. But the intricacies of supplychain management are beyond the grasp of most. One key solution used to help manage complex supplychains is supplychain planning (SCP). Supplychain planning is a complex solution.
Megatrends Shaping SupplyChain Innovation. While the COVID-19 pandemic woke up supplychains around the world, the ripple effects continue to disrupt in both size and scope. How are supplychains planning for further disruption and uncertainty? Creating a more resilient supplychain.
Selecting the right supplychain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supplychainstrategy and business objectives.
BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supplychain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. . About ToolsGroup.
In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. I want to let you in on a secret: software companies are happy to sell you something you don’t need. Let’s examine the first: inventory aging reports.
It functions as the base of blu’s operations, housing a technologically-enabled warehouse space, robotically-powered fulfilment systems, and an integrated last mile distribution centre. blu has invested in a variety of new technologies to fulfil orders more efficiently and accurately. Digitalising your logistics and supplychain.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. When the pandemic started in 2020, no one could foresee the impacts of the global supplychain disturbances would last this long.
With all the buzz around digital transformation, someone peering in from outside supplychain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article comes from Greg Quirk, Product Marketing Manager at Kinaxis and looks at AI in supplychains. Data is the lifeblood of AI in the supplychain.
The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. Connected vehicles, following standards like the SAE J3016, which defines the six levels of vehicle automation, are becoming a crucial part of logistics operations.
Raj Govindarajan, Senior Director, SupplyChain at KeHE. Mr. Govindarajan is the Senior Director, SupplyChain (Systems, Processes & Analytics) at KeHE. Steve Banker : Tell me about KeHE and KeHE’s supplychain! Steve Banker : Tell me about KeHE and KeHE’s supplychain!
To obtain a better understanding of the market prior to my outreach efforts, I contacted Cal Petty of enVista , a global consulting, managed services, and material handling automation firm. Cal has a wealth of experience from his many years in the warehouse technology market. He provided me with some great context for my research.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
BOSTON, March 19, 2021 – ToolsGroup, a global leader in supplychain planning software, has been named a leader in the Nucleus Research SCP Technology Value Matrix 2021. ToolsGroup is proud to be recognized by Nucleus as a leader in supplychain planning,” said David Barton, ToolsGroup’s general manager of North America.
QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. The QKS Group SPARK Matrix™ offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning.
By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.
The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global SupplyChainInventory Optimization (IO) vendors. The study provides competitive analysis and ranking of the leading service vendors in the form of its SPARK Matrix.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content