by ToolsGroup Finstock | Jan 13, 2021 | Blog, supply chain planning
Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday...
by ToolsGroup Finstock | Dec 17, 2020 | Blog, machine learning, supply chain planning
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production...
by ToolsGroup Finstock | Dec 1, 2020 | Blog, demand forecasting, inventory optimization, supply chain planning
Remember 12 months ago, when we were all merrily celebrating Thanksgiving and starting our Christmas shopping, blissfully unaware of what was awaiting us just around the corner in 2020? No one could have predicted the year we’ve had, and now our 2021 plans are infused...
by ToolsGroup Finstock | Dec 1, 2020 | Blog, demand planning, inventory optimization, machine learning, supply chain planning
With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Read this infographic to learn...
by ToolsGroup Finstock | Nov 17, 2020 | Blog
Facing narrower margins and higher complexity? Product and spare part portfolios from OEMs expand year after year, while customer expectations continue to rise. Get out ahead of the competition with better demand forecasting to enable you to carry less inventory while...
