by ToolsGroup Finstock | Sep 9, 2020 | Blog, demand forecasting, inventory optimization, machine learning
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...
by ToolsGroup Finstock | Jun 30, 2020 | Blog, demand forecasting, Featured, machine learning, supply chain planning
New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already...
by ToolsGroup Finstock | Jun 16, 2020 | Blog, demand forecasting, Featured, inventory optimization
Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules. The disruption we’ve seen in...
by ToolsGroup Finstock | May 6, 2020 | Blog, demand forecasting, Featured, machine learning, supply chain planning
Supply chain planning concepts have been around for nearly half a century, but now many converging factors and technologies are ushering in a new era for this mature supply chain solution. We believe Gartner’s report, “Mastering Uncertainty: The Rise of Resilient...
by ToolsGroup Finstock | Mar 18, 2020 | Blog, demand forecasting, Featured, inventory optimization, machine learning, supply chain planning
With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on...