by ToolsGroup Finstock | Nov 3, 2020 | Blog, demand forecasting, inventory optimization, supply chain planning Image: coffee equipment in kitchen
Melitta is a household name for anyone who drinks coffee, but the Melitta Group’s business activities extend far beyond drip filters for your morning brew. With a revenue exceeding 1.6 billion Euros, Melitta products also include kitchen staples like aluminum foil and...
by ToolsGroup Finstock | Oct 20, 2020 | Blog, Featured
Optimize /ˈɒptɪmʌɪz/ verb 1. make the best or most effective use of (a situation or resource). (Oxford Languages) One of the hardest parts of my job is helping customers get to grips with complex, counterintuitive supply chain concepts. Take the “bullwhip effect”: a...
by ToolsGroup Finstock | Oct 15, 2020 | Blog
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...
by ToolsGroup Finstock | Sep 22, 2020 | Blog
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...
by ToolsGroup Finstock | Sep 17, 2020 | Blog, demand planning, inventory optimization, machine learning, supply chain planning
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...
by ToolsGroup Finstock | Sep 15, 2020 | Blog, demand forecasting, inventory optimization, machine learning, supply chain planning
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...
