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 | 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...
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 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 | 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...