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...
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 forecasting, inventory optimization, supply chain planning
Remember 12 months ago, when we were all merrily celebrating Thanksgiving and starting our Christmas shopping, blissfully unaware of what was awaiting us just around the corner in 2020? No one could have predicted the year we’ve had, and now our 2021 plans are infused...