Last updated on April 23, 2014 at 1:22 EDT

ToolsGroup Wins Supply Chain Awards for Customer Successes at Hoganas and Cipla Medpro

August 7, 2013

BOSTON, Aug. 7, 2013 /PRNewswire/ — ToolsGroup was recently named a “Great Supply Chain Partner” by SupplyChainBrain and also one of Supply & Demand Chain Executive’s (SDCE) “100 Great Supply Chain Projects”. Both awards were given for recent customer successes, at Hoganas and Cipla Medpro.

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SupplyChainBrain’s 100 Great Supply Chain Partners were decided following a six-month on-line poll in which supply chain professionals were asked to nominate vendors whose solutions have made a significant impact on their company’s efficiency, customer service and overall supply chain performance. Winners were selected from hundreds of supply chain management trading partners. The theme of this year’s report was “Strengthening your global network”.

In keeping with the theme, ToolsGroup’s customer Hoganas was recognized for going live with a collaborative demand modeling and forecasting system in 85 countries in only seven months. The system, built with ToolsGroup’s SO99+ and Demand Collaboration Hub software, supports Hoganas’ new S&OP process, has sped up reporting by at least 25 percent, and is on track to support the company’s goals to reduce inventory by ten percent across the board.

Supply & Demand Chain Executive commended ToolsGroup in this year’s Supply & Demand Chain Executive 100 for its leadership in helping customers attain supply chain excellence and produce measurable gains in ROI through cost-cutting and increased efficiency. ToolsGroup’s customer Cipla Medpro was celebrated as an example for its outsourced demand forecasting, inventory and replenishment planning whose SaaS approach was cost effective, low risk and implemented in 30 days.

“We are immensely proud to be recognized alongside our customers in these ‘people’s choice’- style awards. They are further evidence that our ‘Powerfully Simple’ approach to supply chain planning helps customers the world over make substantial business improvements, quickly, without breaking the bank,” said Joseph Shamir, CEO of ToolsGroup.

About SupplyChainBrain (www.supplychainbrain.com)
SupplyChainBrain, the world’s most comprehensive supply chain management information resource, is accessed year round through a wide range of ever evolving multi-media formats by hundreds of thousands of senior level industry executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions ~ and continues to write and report about these as they evolve and mature.

About Supply and Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web: www.SDCExec.com.

About ToolsGroup
ToolsGroup (www.toolsgroup.com) is a global provider of Powerfully Simple supply chain planning and predictive demand analytics software. Our customers overcome volatile demand and challenging supply chains to generate accurate forecasts and outstanding customer-service levels with less global inventory. Reliable behind-the-screen technology and scalable statistical models enable highly intelligent data-driven decision making, combined with ease-of-use. ToolsGroup’s solutions span key supply chain planning areas such as Demand Forecasting and Collaboration, S&OP, Demand Sensing, Promotion Forecasting and Multi-Echelon Inventory Optimization.

Media Contact:
Jeff Bodenstab
For ToolsGroup
617-263-0080 X209

SOURCE ToolsGroup

Source: PR Newswire