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Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Blockchain technology is supporting this by providing a secure, decentralized, and tamper-proof method for real-time product tracking.
QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. We are honored to be recognized by QKS as a technology leader in their analysis of the retail and supplychain markets,” said Inna Kuznetsova, CEO of ToolsGroup.
In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supplychain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.
October 14th – 18th 2024 SupplyChain & Logistics News Yesterday, I landed back in the States from my autumn getaway. These efforts aim to support Amazon’s operations with clean energy while advancing nuclear technology.
Manhattan joins a select group of supplychainsoftware suppliers generating over $1 billion in annual revenue. Manhattans Omnichannel solutions provide an operating platform for digital commerce, retailers, and wholesale businesses. The company also sells supplychain planning and transportation management solutions.
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
ToolsGroup invites NRF attendees to Booth #4043 to explore its retail planning technology, including the launch of Inventory.io, designed to help businesses prepare for the unknown in 2025. Retailers are increasingly concerned about the year ahead as they grapple with potential tariffs and broader economic uncertainties.
ToolsGroup’s advanced supplychain planning and optimization suite will be instrumental in refining our inventory management strategy and enhancing our competitive edge. This partnership underscores ToolsGroup’s dedication to delivering cutting-edge technology that drives tangible business results in challenging markets.”
Retailers know firsthand how quickly the market can change. 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.
20-year industry veteran brings deep technical expertise and leadership to guide ToolsGroups next phase of growth BOSTON February 4, 2025 ToolsGroup , a global leader in supplychain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
The research, conducted by Adelante SCM and commissioned by RouteSmart Technologies, is based on a survey conducted with members of our Indago supplychain research community (who are all supplychain and logistics executives from manufacturing, retail, and.
Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. With shipments halted, e-commerce and retail firms also find themselves bracing for a substantial dip in sales. The era of globalization has enabled supplychains to be broader and more connected.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supplychain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. As a result, the supplychain, as we knew it is dead.
Larger types of retail goods such as furniture and appliances, also known as oversized, are more challenging to ship than small packages. How has last-mile delivery in the big & bulky retail segment changed in the past few years? Why is delivery more complicated for big & bulky retailers?
ARC is getting ready for our SupplyChain Forum on February 16 th and 17 th. End users – supplychain practitioners working for manufacturers, distributors, or retailers – can attend for free. How does the pandemic and digital technology play into these trends? The Growth of Ecommerce.
BOSTON February 3, 2025 ToolsGroup , a global leader in supplychain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide SupplyChain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
For the first in seven years, I was not heads-down preparing for The SupplyChain Insights Global Summit. Pre-pandemic only 30% of supplychain leaders were satisfied with their supplychains, and during the pandemic, business leader satisfaction is falling precipitously. Rising Complexity.
In the ever-evolving supplychain industry, transportation spend optimization – or TSO – has assumed greater significance. Globalization has expanded supplychains; the result is increased complexity and transportation costs. As challenges increase, technology continues to evolve to meet demand.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChain Planning.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
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?
In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supplychain operations, will increase their revenue by 20 percent in 2025. For reasons of climate change and profitability rewards, maintaining a more sustainable approach to the supplychain is obvious.
It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. When the pandemic started in 2020, no one could foresee the impacts of the global supplychain disturbances would last this long.
After finishing the SupplyChains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is SupplyChain Excellence? The seven years of work on the SupplyChains to Admire is part of my quest to answer Keith’s question. Here, in this blog, I explain.
Recent cumulative events have increased the emphasis on the supplychain, emphasizing its importance and bringing it to the fore. As was quoted, “no one mentions the supplychain when it works, but when it fails….” The COVID-19 pandemic has been global, with no country or organization immune from its impact.
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 is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supplychain planning for 2022 and beyond.
Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. This volatility necessitates advanced forecasting tools to anticipate and prepare for irregular demand patterns.
The success of a company has nothing to do with its form, whether as solely online retailer, a startup or a company evolving from brick and mortar retail. Last but not least, the largest retailer in the world is Walmart. Automation as key for growth. Then, what is crucial for the success of these companies?
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. End-to-end supplychain visibility, planning, and execution support software are critical in agile supplychain performance.
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). All rights reserved.
In late 2023, Descartes conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
Ron Crabtree and Joe Lynch discuss SupplyChain 2030. Summary: SupplyChain 2030 In this podcast, Joe Lynch and Ron Crabtree delve into the critical challenges and trends shaping the future of the supplychain industry. They’ll diagnose your problems and get you back on track, fast.
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition.
Last week I attended the annual National Retail Federation (NRF) Big Show in New York City. This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond.
Investors, customers, and other stakeholders are paying closer attention to the companies they do business with, asking that they not only make decisions that improve operations, but also decrease the negative effect on their environment and community: a supplychain with a conscience.
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