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SO99+

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Supply chain planning and inventory optimization

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About SO99+

ToolsGroup is a supply chain planning solution for mid to large enterprises offering an integrated set of tools to help manage demand & supply forecasting including demand collaboration, demand sensing, multi-echelon inventory optimization, new product introduction, promotions planning. sales and operations planning (S&OP) and more.

The ToolsGroup solution is designed to assist companies in optimizing their business planning and supply chain through application of supply chain planning automation, demand planning and inventory optimization. By applying advanced algorithms, machine learning, and artificial intelligence (AI), businesses are able to automate many routine planning decisions, and discover a reliable baseline to work from. ToolsGroup aims to help users increase their revenue and retain customers by ensuring that products always maintain availability while optimizing inventory and reducing manufacturing, warehousing, and transportation costs through more accurate forecasting.

Other capabilities within the ToolsGroup supply chain planning solution include demand sensing which uses current demand data to enhance short-term forecasts, S&OP (sales and operations planning) to align strategic sales plans with operational capabilities, and MEIO (multi-echelon inventory optimization) which uses demand and inventory modeling technology to assign service targets to SKU-L’s and optimize inventory investment. ToolsGroup also supports demand planning decision making with capabilities such as demand collaboration and promotions and media forecasting.

Key benefits of SO99+

Gain insight into demand signals, supply chain volatility, inventory behaviors, trends, and more, and use this information to aid decisions relating to supply and demand.

Implement ToolsGroup’s modules independently, or utilize them all to create an integrated, streamlined solution for managing full supply chain planning.

Manage core supply chain functions such as demand forecasting, inventory planning and replenishment in order to ensure that inventory is always optimized and products are always available.

Utilize the demand planning and forecasting tool to ensure that inventory numbers always meet demand. The system uses machine learning and intelligent data to ensure forecasting accuracy.

Collaborate with other internal or external; stakeholders, suppliers, and partners within the ToolsGroup platform with tools which facilitate the input of multiple forecasts for comparison and evaluation.