ToolsGroup and River Logic Join Forces, Leveraging Digital Twins for Powerful, End-to-End Supply Chain Benefits
ToolsGroup Blog | Supply Chain Innovation
by Rick
8M ago
At ToolsGroup, we’re thrilled to bring value to customers around the world in collaboration with our extensive partner network. That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. River Logic offers both a platform for customer solutions as well as network optimization and production planning & scheduling applications. 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 proce ..read more
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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification
ToolsGroup Blog | Supply Chain Innovation
by Rick
9M ago
The term “digital twin” is a little mysterious. And the application of one even moreso. A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. It brings data that is stored in different silos across an organization all into one model. Think of it like a digital puzzle in which all the different ..read more
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ToolsGroup Announces Launch of Dynamic Fulfillment for Real-Time Order Fulfillment Optimization in Retail
ToolsGroup Blog | Supply Chain Innovation
by Rick
9M ago
Looking for a deeper discussion on Dynamic Fulfillment? Register for our upcoming webinar here and get an in-depth view from the experts.   Managing omnichannel fulfillment is complicated. And the larger your network, the more complicated it becomes. Trying to manage an effective ship-from-store program only exasperates this issue. You not only need to manage an ever-increasing lot of centralized distribution centers, but hundreds of stores on top of it. Being expected to evaluate every possible option at the time an order is placed in order to find the highest margin, lowest cost option ..read more
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Customers and Analysts Recognize ToolsGroup as a Supply Chain and Retail Planning Leader
ToolsGroup Blog | Supply Chain Innovation
by Rick
9M ago
ToolsGroup has a long history of innovating with our customers in mind. It’s why our team and our solutions have earned the recognition of so many industry experts. It’s also why so many of our customers are eager to share their supply chain success – and have even won awards of their own in partnership with ToolsGroup! Check out some of our most recent accolades and discover why so many companies turn to ToolsGroup for better, faster supply chain decision making. Gartner Peer Insights – Customer First Badge June 2023 – Our customers helped ToolsGroup earn Gartner Peer Insights’ Customer First ..read more
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Your Must-Have Gartner EU Debrief: The TopTakeaways from Gartner Supply Chain Symposium/Xpo EU 2023
ToolsGroup Blog | Supply Chain Innovation
by Rick
10M ago
Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!  The top issue we heard was ensuring resiliency in supply chains today, Decision Centric Planning, followed by the drive to accelerate digital transformation across supply chains, and th ..read more
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The Case for Real-Time Perpetual Inventory Signals in Manufacturing
ToolsGroup Blog | Supply Chain Innovation
by Rick
10M ago
Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain 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. So how does a manufacturer navigate this rollercoaster? With crystal clear, up-to-the-minute, and accurate data that enables organizations to see what’s happening across their entire supply ch ..read more
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Your Must-Have Gartner Debrief: The 4 Key Takeaways from Gartner Supply Chain Symposium/Xpo 2023
ToolsGroup Blog | Supply Chain Innovation
by Rick
11M ago
Gartner Supply Chain Symposium/Xpo 2023 has wrapped up its 3-day event in Orlando, Florida. Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned! Looking for a snapshot of the key highlights? Look no further. Here are the top takeaways we compiled from Gartner Symposium 2023. 1. Business goals are the key to “next steps.”  ..read more
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5 Can’t-Miss Insights from the Retail Technology Show 2023
ToolsGroup Blog | Supply Chain Innovation
by Rick
11M ago
April 26-27, the Retail Technology Show brought together Europe’s most forward-thinking retailers and leading innovators, welcoming 47 of the Top 50 UK retailers and brands to discuss the latest ideas, technological advancements, and retail solutions. We were delighted to meet so many retailers and discuss the vision, goals, and strategies that are driving the next generation of consumer experiences and retail planning. Based on numerous conversations with professionals across the industry, here are our top five takeaways from Retail Technology Show 2023. 1. Inventory Remains Make-or-Break for ..read more
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ToolsGroup Drives Continued Innovation with Enhancements to JustEnough Retail Planning & Execution
ToolsGroup Blog | Supply Chain Innovation
by Rick
1y ago
Retail customers need more than just an omnichannel experience. They need retailers to deliver dynamic, unified commerce experience.  To guarantee customer-centric experiences across every retail channel, retailers need to create agile, resilient operations to adapt to changing consumer behaviors. This is why ToolsGroup is excited to announce significant enhancements to our JustEnough Dynamic Retail Planning & Execution solution. These upgrades deliver on the promise of event-driven planning and execution while adding significant functionalities that expand and nurture our retail capa ..read more
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The Future of Onboard Inventory: How AI-Driven SCM Strategies Could Revolutionize Inventory on the Move
ToolsGroup Blog | Supply Chain Innovation
by Rick
1y ago
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. Unlike other goods and services, a passenger on an airplane, cruise ship, or train cannot simply go somewhere else if you don’t have the soda or the meal that they want. And depending on their travel itinerary, that could become a very long trip for the passenger. At the same time, co ..read more
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