Demand Planning & Inventory Optimization
ToolsGroup
AI-powered supply chain planning platform specializing in demand forecasting, inventory optimization, and service level management. Known for probabilistic forecasting. ~4.7 stars on G2.
Visit ToolsGroup →Founded 1993
About ToolsGroup
AI-powered supply chain planning platform specializing in demand forecasting, inventory optimization, and service level management. Known for probabilistic forecasting. ~4.7 stars on G2.
AI Approach
Probabilistic forecasting and ML-driven inventory optimization that accounts for demand and supply variability simultaneously.
Key Customers
Various manufacturing and distribution companies
Related Use Cases
Demand Planning & Forecasting
AI/ML demand sensing
20-50% forecast error reduction, 5-10% lower warehousing costs, 25-40% admin cost improvement
Demand Planning & Forecasting
Promotional lift modeling
15-30% improvement in promotional forecast accuracy, reduced excess promotional inventory
Demand Planning & Forecasting
New product introduction forecasting
40-60% improvement over judgmental NPI forecasts, faster product launch cycles
Demand Planning & Forecasting
Touchless demand forecasting
30-50% reduction in planner workload, consistent forecast accuracy improvements with less human bias
Quick Facts
- Function
- Demand Planning & Inventory Optimization
- Founded
- 1993
- Funding
- Private (Accel-KKR)
- Website
- www.toolsgroup.com
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