by ToolsGroup Finstock | Mar 3, 2021 | Blog, demand forecasting, inventory optimization, supply chain planning
When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. While sophisticated...
by ToolsGroup Finstock | Feb 23, 2021 | Blog, inventory optimization, supply chain planning
What’s the difference between traditional inventory planning and inventory optimization? Anyone can come up with a plan. The real challenge is making sure it’s a good plan. Optimizing your inventory is a different beast than simply planning your inventory. If my time...
by ToolsGroup Finstock | Feb 15, 2021 | Blog, supply chain planning
This blog was originally published on https://optilon.com/optilon-academy/transforming-to-a-customer-driven-digital-supply-chain/. Building a customer-focused, digitally enabled supply chain comes with its challenges, but the benefits make the effort worthwhile....
by ToolsGroup Finstock | Feb 8, 2021 | Blog, supply chain planning
Industry 4.0 is knocking on the door of every logistics business in the world. As a professional, securing your place in any supply chain organization entails developing the supply chain skills needed to ride this global wave into supply chain digital transformation....
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 | Jan 13, 2021 | Blog, supply chain planning
Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday...
