by ToolsGroup Finstock | Aug 21, 2020 | Blog, Featured
In episode three of Be Ready for Anything, hear from Alex Achour, Senior Sales Engineer at ToolsGroup, about why S&OP processes are crucial in a crisis, how to balance automation with human expertise and what to do when machine learning fails. Watch the video...
by ToolsGroup Finstock | Aug 11, 2020 | Blog
To adapt an old saying, the idea that great service should be a top supply chain priority is as universally accepted as motherhood and the dominance of the ‘92 Dream Team. In fact, it’s one of the few things people wouldn’t disagree on these days. Despite this,...
by ToolsGroup Finstock | Aug 3, 2020 | Blog, Featured
It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more...