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.
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.
ToolsGroup in the News
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.
(November 01, 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.
(June 30, 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.
(March 28, 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.
(January 07, 2016)
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.
(December 28, 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.
(June 02, 2015)
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Expert Insight - Sept 7, 2006 - Reverse Logistics: Best Practices in Warehouse Returns . By Alex Parvenov . Ciber Inc.
Find and compare Supply Chain Management software. Free, interactive tool to quickly narrow your choices and contact multiple vendors.
The "New Normal" economy of the post-Great Recession era has forced companies to operate leaner and meaner than in the past. The current economic environment is ...
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