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"Cutting POs for certain vendors used to take a buyer two full days of analysis, so they could only cut the POs every two or three months. Now those same vendor POs can be cut every two weeks because it only takes 15 minutes using Thrive."
“We have also seen our turns move from 3.5 to 3.9 in a very difficult COVID-impacted 12 months despite carrying more inventory on some major product lines to protect us against supply chain issues.”
Retalon is a leading provider of Retail Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning, and marketing operations. Retalon products range from task-oriented solutions to a common analytic platform, resulting in tangible optimization of the supply chain and significant measurable benefits for the entire organization. Their predictive analytics technology-empowered retail businesses with advanced analytics that uncovers hidden opportunities, and significantly increase bottom and top lines.
ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of fast, intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com.
FrePPLe helps mid-size companies plan their production and inventory with agility. Running in the cloud, it provides an affordable and efficient way to boost planning processes, extending ERP systems with advanced capabilities and decision-making workflows. Not only is the tool open source, it is also very adaptable to many industries and use cases. Combining 3 modules (demand forecasting, inventory planning, and production planning), it covers all planning needs from raw materials to delivery.
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