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New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.
Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape. Here are the key insights we gathered firsthand at this year’s event.
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 was named the leader in the 2024 SPARK Matrix™for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. For more available research, please visit [link].
When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk.
Returns already have a significant impact on retailers’ bottom line. National Retail Federation (NRF) data reveals that for every $1 billion in sales, retailers incur an average of $145 million in merchandise returns. of retail returns were fraudulent, up from 10.4% in 2022, costing retailers $101.91
FabFitFun Warehouse in Chino, CA FabFitFun is an interesting retailer with a complex supply chain. They have been successful enough with their fulfillment capabilities that they are no longer just a direct-to-consumer retailer; they are also a third-party logistics provider. Why did this subscription retailer select Körber?
As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. These new order fulfillment paths allowed retailers to rapidly grow sales. First, the rules used to enable an OOM system can be staggeringly complex.
Like any Supply Chain, Retail Supply Chains have their own unique challenges. The retail supply chain is dealing with the consumer directly and the customer really is King. So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying.
The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. The future of retail is closer than you think - 2025 will be here before you know it. 2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges.
EvoAI was built on two guiding principles that distinguish it from other retail planning tools: Prescriptive analytics Quantum learning Innovation Through Analytics EvoAI is a prescriptive, not predictive tool. Retailers have long used business analytics to inform decision-making. Margins are being squeezed on every side.
By interfacing with existing order management systems, Dynamic Fulfillment empowers retailers to see results faster and deliver business benefits immediately. Key Takeaways Dynamic Fulfillment by Inventory Hub® is an industry-leading fulfillment engine and an incredibly exciting addition to the retail suite of solutions at ToolsGroup.
Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences.
With the chaos of the 2024 holiday season descending, the National Retail Federation predicts U.S. The onus is on ecommerce retailers to control the controllables, and focusing on eliminating uncertainty from the consumer fulfillment process and optimizing the last mile is a smart approach. billion in sales.
OneRail recently secured series C investment to drive growth and unlock dynamic fulfillment for enterprise retailers and wholesalers. OneRail is used by a variety of industries, including retail, food & grocery, and healthcare. Bill is a start-up entrepreneur focused on developing and commercializing real-time technology networks.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Almost half said they had experienced theft or fraud, and.
Lastly, West Central Ag services were acquired by CHS forming a new ag retail business and BSR released its 2025 supply chain outlook. CHS Closes its Acquisition of West Central Ag Services CHS has completed its acquisition of West Central Ag Services, forming a new ag retail business unit called CHS West Central.
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Its no secret that product returns are one of the biggest challenges facing the worlds retailers especially retailers of fashion apparel. That means fashion retailers must get returned products back in stores, or back into online inventories, as quickly as possible to capture the fleeting resale opportunity.
Many retailers treat inventory management as a mundane task rather than a strategic lever for success. A staggering 56% of consumers will switch to a competitor after facing a stockout, costing retailers an average of $700,000 annually in lost sales. They can devastate your sales. Don’t settle for mediocre predictions.
While some retailers made bold moves that paid off, others struggled with familiar issues like stockouts, misaligned promotions, and consumer fatigue. Retailers with smooth, fast, and intuitive digital experiences came out ahead. Black Friday 2024 is in the rearview mirror, and the results are in.
This webinar – coming to you from Glenn’s own backyard – discusses the importance of supply chain visibility for seasonal shipping, new product promotions, and holiday ramping in the F&B and retail industries while providing sizzling secrets to creating the juiciest meats for your barbecue.
According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. And according to the 2022 Bringg Barometer: State of Retail Delivery & Fulfillment, 99% of retailers are aiming to offer this service within three years. Step One: Right Inventory in the Right Location.
He specializes in working with manufacturers and retailers/CPG to solve their most difficult supply chain issues through digital transformation with a modern data fabric architecture.
Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Almost half said they had experienced theft or fraud in.
Now, retail success depends on integrating a blend of diverse technologies to thrive. Explore a customer-centric approach to navigating digital transformation in retail. The era of all-in-one platforms is over.
Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle. This not only enhances forecasting but also amplifies the expertise of retailers and merchandisers who understand their customers best.
Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle. This not only enhances forecasting but also amplifies the expertise of retailers and merchandisers who understand their customers best.
Last week I attended the annual National Retail Federation (NRF) Big Show in New York City. The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, robotics, and machine learning, to name a few.
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 supply chain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately.
However, even in 2022, retailers and supermarkets continue to be challenged by visibility gaps. It’s clear more than ever that grocery supply chain management is the heart and soul of the future of grocery retail. All food retailers face tough choices today as the economy continues to emerge from the global pandemic.
Nuro’s vehicles are being evaluated by retailers such as Walmart and Kroger. Amazon is also testing drone-based deliveries through its “Prime Air” program. Nuro has developed an autonomous vehicle designed for transporting groceries and small packages.
Distribution Network : Amul employs a wide distribution network that includes a mix of direct sales to retailers, wholesalers, and through its own branded outlets. Amul has established a robust network of chilling centers and processing facilities. This extensive network ensures that products reach consumers efficiently.
BOSTON February 3, 2025 ToolsGroup , a global leader in supply chain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
Walgreens, like many other retailers, has embraced omnichannel. The giant retailer was contemplating a full rip and replace of their legacy distributed order management solution – the key solution that supports omnichannel order fulfillment. Blue Yonder is a leading supplier of supply chain and retail software solutions.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration.
The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Their question was, “Why were consumer products companies not using retail data to drive demand processes?” They are often very retailer specific. Let me explain.
This year’s edition, held in Florence on April 9-10, placed a significant spotlight on Artificial Intelligence (AI) and its applications within the fashion and retail domain. Unified Commerce: Redefining Retail for the Modern Era 3. Now, the concept of unified commerce emerges as the precursor of retail’s future.
. “As Halloween decorations creep onto store shelves earlier each year,” he writes, “America’s spookiest holiday is casting an ever-longer shadow over the retail landscape. billion in 2024, Halloween is inching closer to Christmas-level importance for retailers and consumers alike.”[1] 5] David C.
How Retailers are Responding to the Swimming Pool Chlorine Shortage. While distributors, retailers, and customers alike all have to face the chlorine shortage, businesses can provide coping methods for customers who can’t get their hands on the chlorine tablets they need. Chlorine is both more expensive and harder to keep in stock.
The newly released State of Commerce Ops Report by Linnworks presents a unique viewpoint, spotlighting consumers' shifting priorities and the operational challenges faced by retailers in 2024.
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