ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Supply Chain Shaman

SEPTEMBER 24, 2018

. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. Let’s face a hard fact: the supply chain planning market is a mess. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

ToolsGroup

MARCH 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. Business leaders today are looking for new ways to improve the resilience and agility of their supply chains. Version 8.60

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

ToolsGroup

SEPTEMBER 30, 2024

CAGR from 2024 to 2032 , the aftermarket sector is becoming more competitive, especially with the rise of electric vehicles (EVs), increasingly sophisticated technologies, and fluctuating customer demands. Moreover, the proliferation of e-commerce is reshaping how aftermarket products are purchased. billion by 2032, growing at a 3.5%

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

ToolsGroup

JUNE 2, 2021

Selecting the right supply chain 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 supply chain strategy and business objectives. It requires many changes for an organization.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

Supply Chain Shaman

NOVEMBER 3, 2015

As an analyst in the battered supply chain software market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. For those who are new to reading the Supply Chain Shaman blog, let me begin my analysis with a disclaimer.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Supply Chain Shaman

APRIL 17, 2013

Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives? As a writer of research on demand-driven supply chains for over eight years, I find many amusing. The market shift is towards analytics, but this new market is confusing.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Supply Chain Shaman

JUNE 20, 2014

Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to Supply Chain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 303

ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. shorter product life cycles, and often protracted supply lead times.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supply chain innovation. History of Terra Technology.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

JULY 10, 2018

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. Let’s take a few minutes to decode it. Demand Planning.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

ToolsGroup

APRIL 1, 2022

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

SEPTEMBER 13, 2016

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). What does it take?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. When social media product promotions overwhelm supply chains. retail stores.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Planning Software Supply Chain Design Software 156

ToolsGroup

MAY 24, 2017

In a report entitled Market Guide for Retail Forecasting and Replenishment Solutions , Gartner analyst Mike Griswold spotlights seven recent trends in this area. 4/ Retailers of all maturities are looking to automate forecasting and replenishment to improve planner productivity. 5/ Product returns are increasingly costly.

Forecasting 202

Forecasting Forecasting Software Demand Planning Software Modeling 202

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. The reason, she explains, is digital technology. Fortunately, data is generally available.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

ToolsGroup

MARCH 3, 2022

Science Direct ) Predictive demand analytics gives retailers the visibility they need to proactively adjust planning, allocation and replenishment decisions based on when, where, and how much changes in the weather will influence purchasing. How to Use Weather Analytics in Retail Forecasting. Download your free report ?

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

ToolsGroup

SEPTEMBER 13, 2016

In our last blog , we discussed how Amazon’s low-cost service times, and the pressure that places on supply chains. Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

ToolsGroup

JUNE 11, 2019

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. Traditional supply chain solutions were not designed for high variability demand.

Optimization Software 244

Optimization Software Supply Chain Optimization Supply Chain Planning Software Network Optimization 244

ToolsGroup

FEBRUARY 7, 2022

From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How Does AI Work?

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

ToolsGroup

OCTOBER 3, 2022

Overcoming Retail Labor Shortages with Technology. With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

DECEMBER 4, 2018

Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., Microbrand Dollar Shave Club reached a $1 billion valuation w hen it was purchased by Unilever in 2016. But the challenge is to actually take advantage of this data to leverage their business model.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

ToolsGroup

MARCH 1, 2018

It is dependent on supply chain planning’s ability to execute on the plan. The supply chain planning teams needs to think beyond current processes and functions to incorporate emerging technologies and concepts to offer more choice, which requires them to be nimbler and forward looking.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Once upon a time, you brought me so much joy.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

Supply Chain Shaman

MAY 5, 2017

The 1990’s technologies of Advanced Planning (APS) along with Distribution Requirements Planning (DRP) and Material Requirements Planning (MRP) amplify the bullwhip effect within the supply chain resulting in the loss of agility and an inflexible response for the long tail. The Definition of the Supply Chain Long Tail.

Supply and Demand 173

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 173

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. What does it take to create an award-winning supply chain? Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

Supply Chain Shaman

JUNE 6, 2015

The premise of the Christensen’s book is that when companies focus on current customer needs, they fail to adopt new technologies or business models that will meet the customer’s unstated or future needs. I think that IBM, HP, Microsoft, Oracle, SAP and Teradata are victims today in the information technology sector.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ToolsGroup

JULY 10, 2018

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. Let’s take a few minutes to decode it. Demand Planning.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

Enterra Insights

NOVEMBER 19, 2019

In 2017, Gartner introduced a Supply Chain Planning Maturity Model with five planning stages. In the lowest stage (Stage 1), supply chain planning is inside-out, fragmented, local, unconstrained, and focused on revenue. ”[1]. The goals of a good planning process. 2] They are: 1. ” 2. .

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Gartner Scenario Planning 100

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. Traditionally the holiday shopping season has been a make-or-break time for retailers.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

ToolsGroup

AUGUST 18, 2022

From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Trends in Distribution and the Current Supply Chain Environment. Distributors tend to be more “purchase-focused” than “demand-focused.”.

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

ToolsGroup

MAY 11, 2020

However, like many smaller distributors, Nordco suffered from two common supply chain dilemmas. Lacking the right tools for the job. The company had no tool capable of dynamic forecasting, and the burden of accounting for fluctuations in demand fell to planners working with spreadsheets. Help Arrives.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Supply Chain Planning Procurement Solutions 156

ToolsGroup

APRIL 3, 2023

Sahil Gupta , Chief Product Officer at ToolsGroup, shares the most important insights and takeaways from this year’s ShopTalk conference. After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156