"So far this project has gone far better than we ever could have imagined. We’ve actually managed to grow our revenue and reduce our inventory costs, so I’m very pleased.”
“The ToolsGroup solution is extremely dynamic and flexible; we can quickly and easily modify product/supplier combinations and add new rules. This is critically important for us, in an industry characterized by high variability. ToolsGroup has simplified managing multiple suppliers on the same code, because it indicates the most profitable partner at that time, considering lead time and price. It’s effective for managing speculative purchases, where the trade-off between purchase convenience and overstock risk is fundamental.”
"The overall process both identifies the inventory needed to fulfill orders and models in-transit and safety stock to minimize inventory while maintaining high service levels.”
"In less than two years, despite a 20% increase in the product range, the Spare Parts Division service level was improved by 32% while reducing inventory.”
"ToolsGroup enabled us to allocate the right products in the correct quantities at the proper locations, a key feature that our legacy replenishment system lacked. The ToolsGroup solutions are both modern and flexible and enable us to keep up with consumers’ changing buying habits.”
"Reducing the amount of time it takes to get everyday tasks done is essential to thrive in today’s fiercely competitive retail environment. We can now focus on different areas of the business, especially on analytical work.”
"ToolsGroup has taken us to the next level of replenishment without overtaxing us.”
"For me personally, that was the ‘Aha!’ moment – having the visibility into your SKUs at the lowest level if you need it.”
“Storing tires is becoming more and more complex. With the massive arrival of SUVs on the European market, products are larger. Moreover, the supply cycles of manufacturers who are very far away can be quite long. Therefore, to respond effectively to customers, whose expectations of service and speed are becoming greater than ever, it’s essential to have products in stock, ready to be shipped. This issue is at the heart of our strategy and of our success.”
“With all the new product launches we had scheduled, together with a growing customer portfolio, it was impossible to manage all the complexity with spreadsheets. We needed to digitize our supply chain planning in order to support our growth and help meet our company goals.”
“The ability to generate accurate sales forecasts and define operational plans has allowed our SI&OP process to deliver a reliable service level to the market while efficiently utilizing production and logistics.”
“Our historical challenges were similar to a lot of companies in our industry. We were using a flat average and fairly manual math to do a lot of our forecasting. Or in the absence of data analysis, we just relied on somebody who knew their market and could give us an estimated min/max for each product or product line. This is something that people were comfortable with because it had been done for a long time, but the reality was it just wasn’t a tremendously accurate or data-driven approach.”
“At that time, we probably had eight or nine different locations to one operations manager. A manual review of all those items might take him a month to do. In between the rest of his workload, he was touching each location maybe once a year.”
“We’re able to look at different scenarios, service classes and lead times to figure out if we need to raise or lower the service level. The demand planning helps me confidently forecast even items with unpredictable demand.”
"We knew we needed to find a platform that could take us on a journey towards an integrated solution across merchandise planning into allocations and replenishment, and one that could address our multi-channel business.”