OUR Blog
Finstock is as serious about reliable and relevant information as you are about your business and supply chain.
Below is some curated content to keep you at the cutting edge of supply chain planning.
How Do You Plan for the Unpredictable? Advice for Supply Chain Planners in 2020
ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at Supply Chain Brain, to share anecdotes and advice for supply chain planners in a year no one could have planned for. What are your customers...
Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?
Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more...
Infographic: Facing Tighter Service Level Requirements?
A reliably high service level is your advantage against the competition. Make your inventory work to your benefit with our self-adaptive demand and inventory models. By automatically defining the optimal mix of inventory across the multi-echelon supply chain to meet...
Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor
How has COVID-19 affected your business? Are you experiencing a change in demand given the changes to the economy and government measures? Our business fortunately hasn’t been significantly affected, aside from having our travel and events curtailed. There’s still a...
Turn a Good Demand Forecast into the Optimum Inventory Plan
How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be...
Podcast: When Exceptions Are the Rule
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...
Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?
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,...
Infographic: Five Inventory Optimization Secrets for Aftermarket Parts
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...
Tips to Keep Your Digital Planning Transformation on Track at Every Stage of the Journey
The year 2020 has thrown us all for a loop, and the resulting drastic shifts in demand are motivating companies to accelerate the digital supply chain transformations that for some may have been languishing in early stages. Walmart’s senior vice president of supply...
Podcast Episode 2: Minimizing Supply Chain Risk Amid COVID-19
In this episode of Be Ready for Anything, hear from Tommaso Chierchia, ToolsGroup’s Director of SOExpress Delivery, about the primary types of supply chain risk arising out of COVID-19, and how organizations can proactively minimize their exposure. We cover how to...