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 | 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 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...
by ToolsGroup Finstock | Jul 10, 2020 | Blog, Featured
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...
by ToolsGroup Finstock | Jul 8, 2020 | Blog, Featured, machine learning
There are a lot of supply chain planning solutions out there. Why choose ToolsGroup? It’s simple: Our perfect blend of technology and human expertise. The tailored guidance our clients get from our expert consultants is what makes the difference. A powerful solution...
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...
