ToolsGroup, one of the leading providers of retail and supply chain planning and optimization software, has released the newest edition of its Service Optimizer 99+ (SO99+) programme, which includes significant improvements in forecasting and demand sensing. This is simply the most recent of the company’s substantial steps in transforming supply chains into a force for good by assisting enterprises in ensuring service, reducing surplus stock, and increasing revenues.
ToolsGroup’s v8.60 promises to improve customer experience and supply chain performance with improved features. It improves forecasting and new product launch skills, as well as the use of machine learning and AI.
ToolsGroup announces major so99+ enhancements for better supply and demand planning. The upgrade includes unique, AI-powered dynamic planning tools that will help consumers overcome uncertainty and make better, faster decisions.
“As organisations continue to experience severe disruptions across their supply chains, new issues are continuously emerging to the forefront. “Demand planners must be able to move fast and aggressively,” says Inna Kuznetsova, CEO of ToolsGroup. “ToolsGroup SO99+ increased the accuracy of our projections for slower moving commodities by 5-10%,” stated Sarah Voorhees, American Tire Distributors’ Vice President of Demand and Inventory Planning.
Author: Kumar Anand, Research Analyst, Quadrant Knowledge Solutions.