by ToolsGroup Finstock | Jan 26, 2021 | Blog, demand planning, inventory optimization, machine learning, supply chain planning
ToolsGroup is how organizations achieve their target service levels while optimizing inventory—no matter how complex their supply chain is or how much demand changes. That way, they can be ready for anything. What makes ToolsGroup different? 1. Probabilistic...
by ToolsGroup Finstock | Dec 17, 2020 | Blog, machine learning, supply chain planning
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production...
by ToolsGroup Finstock | Dec 1, 2020 | Blog, demand planning, inventory optimization, machine learning, supply chain planning
With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Read this infographic to learn...
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...
