by ToolsGroup Finstock | Jun 18, 2020 | Blog, Featured
We’ve created a monster. All the sophisticated tools to influence demand with pricing, new product introductions and promotions have pushed demand volatility and consumer expectations to unprecedented levels. Internet-fed trends are changing at hyper-speed. To thrive...
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 | Jun 11, 2020 | Blog, Featured
ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated...
by ToolsGroup Finstock | May 21, 2020 | Blog, Featured
Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue. After spending half my career in marketing...
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 | Apr 30, 2020 | Blog, demand planning, Featured, inventory optimization, machine learning, supply chain planning
Adding automation to supply chain planning enables planners to be more productive and improves supply chain performance. By freeing up time formerly spent on manual tasks, planners are able to focus on more creative work, while increased visibility reduces silos...
