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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.
We’re confident that ToolsGroup’s expertise will provide the support we need to navigate the complexities of our supply chain operations and deliver exceptional value to our customers, staying true to our motto: ‘Your way, Your Business’.”
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. At NRF, ToolsGroup will showcase our industry leading solutions designed to help retailers weather this retail uncertainty.
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.
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.
BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management business. This acquisition coincides with the closing of a significant growth investment received by ToolsGroup from Accel-KKR, a leading technology-focused investment firm.
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).
The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. At Event Network, we aim to optimize the retail potential of experiential attractions.
Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” ToolsGroup was one of the first providers to integrate predictive analytics through machine learning into retail planning, innovating the retail market.) While the real answer is “Plenty!”, What is EvoAI?
BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton’s appointment comes at a time of rapid expansion for ToolsGroup, with double-digit growth of its North American business in 2018.
At ToolsGroup, we’re thrilled to bring value to customers around the world in collaboration with our extensive partner network. Combining these impressive capabilities with ToolsGroup’s AI-driven, award-winning supply chain solutions, companies can now enjoy a truly end-to-end planning and execution process. “As
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supply chain 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 Supply Chain Planning Solutions (July 2023).
In order to roll out capabilities to our customers as they became available, ToolsGroup has made the exciting decision to split SO99’s traditional yearly release schedule into quarterly releases! As such, ToolsGroup is happy to announce our second release of 2023 for our Service Optimizer 99+ Supply Chain Planning solution.
True success depends on high-quality data, sophisticated models, and real-world expertiseand thats where ToolsGroup stands apart. Beyond the Buzzword: The ToolsGroup Advantage ToolsGroup was one of the first supply chain planning software vendors to harness machine learning for demand forecastingwell before it became an industry buzzword.
ToolsGroup identifies five key drivers shaping the future of supply chains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions. ToolsGroups AI-powered solutions are helping companies navigate uncertainty and stay ahead of the curve.
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. About ToolsGroup. ToolsGroup and Service Optimizer 99+ are trademarks of ToolsGroup.
This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution. 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.
Driving Expansion and Enhancing Market Presence are Key Objectives BOSTON / BARCELONA – June 6, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is excited to announce a key leadership change aimed at driving growth across all regions and product lines.
ToolsGroup is how organizations achieve their target service levels while optimizing inventory—no matter how complex their supply chain is or how much demand changes. What makes ToolsGroup different? No matter their industry, ToolsGroup customers raise service levels while reducing inventory. What do our customers think?
ToolsGroups advanced supply chain planning solutions help leading companies worldwide apply probabilistic demand forecasting and machine learning automation to address challenges like global multi-echelon supply chains , SKU proliferation, and intermittent demand. On average, our customers achieve: 99.9%
ToolsGroup customers around the world have had to drastically adjust their supply chain planning in response to COVID-19 demand volatility. Here are a few examples of how our customers are using ToolsGroup to respond swiftly and efficiently to COVID-19 supply chain challenges in order to be ready for anything.
BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite. Read more HERE.
BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports. That’s why we’re honored that so many companies have publicly shared their experience as ToolsGroup customers.
ToolsGroup’s sprawling partner network celebrates a history of collaboration and innovation while springboarding into the next generation of AI-powered supply chain transformations. ToolsGroup congratulates the winners of the 2023 ToolsGroup Partner Awards.
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. ToolsGroup’s global leadership and local presence in Greece made SO99+ the clear choice for our advanced supply chain needs” stated Tilemachos Stylianos, Chief Development Officer of Fais Group.
BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.
Customer reviews consistently rank ToolsGroup highly in G2’s Supply Chain Planning and Demand Planning Categories. Boston, MA – May 2, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce that it has been recognized as a Leader in seven separate G2 Spring 2024 reports.
With this prescriptive AI solution, it’s easy to tailor promotions to appeal to the unique customer base of each channel and ultimately maximize profits,” said Pierre Custeau, Chief Product and Technology Officer at ToolsGroup. If you’re in London this week at the Retail Technology Show, come talk to us about it at ToolsGroup’s Booth: 6B68.
Evaluate Technology Solutions Compatibility with existing technology stack Integration capabilities Scalability Specific business requirements Pro tip: Look for solutions like ToolsGroup that offer award-winning technology with seamless integration capabilities.
While this can be framed in many ways, at ToolsGroup we found a useful approach is clustering the profiles in the past and using classification for scoring in the future. This was an ideal case for applying machine learning techniques for a seasonal forecast using ToolsGroup Service Optimizer 99+ (SO99+).
Adding supply chain and e-commerce marketing expertise to accelerate aggressive growth at ToolsGroup. BOSTON — Dec 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Kevin Young as Chief Marketing Officer. About ToolsGroup.
ToolsGroup digital supply chain planning and optimization is now available as a Microsoft Dynamics 365 business application. About ToolsGroup. ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes. Visit SO99+.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Soon, Belcorp plans to implement ToolsGroup’s lot size optimization module with price break constraints, which will further enhance their supply chain strategy. She can be reached at ikuznetsova@toolsgroup.com.
It’s the perfect tagline for ToolsGroup as our solution really does help businesses to be ready for the real world — which we all know rarely follows the rules. As I look at it, ToolsGroup has fared well in part because our marketing had already undergone significant digital transformation in recent years.
ToolsGroup earned a Market Leader award in the category. Highly rated by customers, ToolsGroup consistently publishes high-quality, vendor-produced customer success content and curates quality customer references from multiple third-party sites. See ToolsGroup’s listing on FeaturedCustomers here.
BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. . About ToolsGroup. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.
Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. About ToolsGroup. For more information, follow ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com. . About Pool Corporation.
ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer.
BOSTON, MA and MILAN, ITALY – April 18, 2024 – ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. ToolsGroup is revolutionizing customer productivity and value delivery through GenAI, reshaping the user experience within the SO99+ suite.
Boston , MA – May 6 , 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the global launch of Decision Hub , an innovative solution enabling decision-centric planning through zero-latency decision alignment.
BOSTON (May 31, 2022) – ToolsGroup , a global leader in supply chain planning and optimization software, announced today that Joe (Yossi) Shamir will retire from his role as CEO. Shamir will continue to be an active ToolsGroup board member and advisor to ToolsGroup investor Accel-KKR.
BOSTON and ATLANTA (Aug 19, 2021) – ToolsGroup , a global leader in supply chain planning software , and Chainalytics , a recognized global leader in supply chain consulting and analytics, announce an enhanced strategic partnership to bring digital supply chain planning solutions to more companies. About ToolsGroup. Bright Minds.
Garrett Brands selected ToolsGroup Service Optimizer 99+ (SO99+) , a suite of planning functions encompassing Demand Forecasting & Planning , Inventory Optimization , and Replenishment. ToolsGroup helps food producers achieve impressive business outcomes through intelligent probabilistic forecasting and inventory management.
In episode four of Be Ready for Anything, hear from Martin Jertz, ToolsGroup’s Business Development Manager for Central Europe, about how organizations can build sustainability into their supply chains while trimming costs and improving efficiency. ToolsGroup · Episode 4: Designing Supply Chains for Sustainability.
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