ToolsGroup Company Profile
ToolsGroup is an innovation partner for companies who want to achieve highly accurate forecasts, outstanding customer-service levels and less global inventory. ToolsGroup provides software that analyzes demand history across multiple dimensions allowing for more reliable forecast and inventory targets to master demand volatility and deliver service level excellence.
Our innovative and advanced technologies enables the improvement and automation of the planning processes. These solutions span key supply chain planning areas such as Demand Planning, Demand Sensing, Promotion Forecasting and Inventory Optimization. We have more than 250 customers worldwide and one of the highest customer retention rates in our industry.
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ToolsGroup
75 Federal St, Suite 920Boston, Massachusetts, 02110
United States
617 263 0080
617 263 0450
ToolsGroup News & Resources
Digital Transformation in Supply Chain Planning: 2021
November 2, 2021
In this report, we look at how companies are accelerating their digitization efforts and investing in new technologies to keep up with evolving customer behaviors and improve business performance.
Study shows 74% of digital supply chain planning transformations influenced by Covid
May 12, 2021
Study by ToolsGroup and the Council of Supply Chain Management Professionals found only 3% of companies experienced no COVID-related business impact, while 42% say the pandemic has accelerated their digitization plan
Machine Learning Steps Up Retail Performance
May 1, 2017
Machine learning is a disruptive approach to forecasting, and retailers running complex omni-channel businesses in highly competitive markets must give serious consideration to machine learning based forecasting.
Machine Learning, Little Black Dress or Accessory?
May 1, 2017
For retailers, the ability to capture and analyze retail data to make marketing suggestions is well recognized, however, as a transformative technology, it’s no little black dress that pulls everything together, it’s actually an accessory, and the same can be said for machine learning.
Mastering the Long Tail & Intermittent Demand
November 1, 2016
If you wish to achieve high customer service levels, you have to master the shape of the demand distribution and, in particular, its right-hand tail, you must avoid shortcut simplifications and approximations in the modeling that will prevent you from getting close to your goal.
Intermittent Demand is Not Unforecastable Demand
November 1, 2016
For most businesses, the “long tail” is growing, and you don’t have to be an internet retailer like Amazon to see it, companies are dealing with more slow moving items with intermittent demand and unpredictable demand patterns.
National Health Service Blood Supply Chain Study
June 30, 2016
Learn how The National Health Service, one of the biggest healthcare organization in the world, optimized its blood supply chain by leveraging data intelligence.
Next-Generation Forecasting Is Closer Than You Might Think
June 26, 2016
Surrounded by an explosion of data, most forecasting systems can’t leverage it - here’s how you can.
Nucleus Research 2016 Inventory Optimization Value Matrix
March 28, 2016
Nucleus Research evaluated the usability and functionality of the most influential inventory optimization (IO) solutions in the market.
What’s New in Nucleus Research’s 2016 Inventory Optimization Value Matrix?
March 28, 2016
Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability.
Suppliers Prepare for iPhone Supply Chain Cut
January 7, 2016
Apple possibly overestimated the amount of growth it expected in early 2016, so iPhone sales are below the company’s internal estimates, and that might be a sign of trouble, or it might be a sign of overly aggressive attitudes within Apple.
What’s Wrong with Demand Forecasting?
December 28, 2015
There are two equally important outputs of demand forecasting and you may be focusing nearly all your energy on only one, and maybe even the wrong one.
New Perspectives on the Value of Demand Sensing
June 2, 2015
Demand sensing tools are easing inventory burdens in many industries. Recent research points to which types of companies have been investing in those tools and when, and what kinds of results they have been seeing.