Hello and welcome to the demo
of ToolsGroup's Supply Chain Planning software.
I'm Gerrott Faulkingham, a Solutions Engineer here at ToolsGroup.
This demo will cover the basics of our product,
Service Optimizer99+ or SO99+.
From a data flow perspective,
since SO99+ is a supply chain planning solution,
we integrate directly with your ERP systems
and other master data repositories
so we can extract key information
to solve four main problems.
Demand Modeling and Forecasting,
Promotions Planning,
Multi-Echelon Inventory Optimization,
and finally, Replenishment.
You can use all four for a complete end-to-end solution
or just those that fit your current business requirements.
Building on atomic data,
SO99+ forecasts are generated
using our single algorithmic approach.
Other planning solutions will use a forecasting method
where groups or products are forecasted
based on a best-fit methodology
with numerous algorithms used to generate the forecast.
SO99+ uses a single,
self-adaptive, self-learning algorithm that never switches.
Instead, it makes micro-adjustments
over time based on the most recent behavior.
Another unique component of SO99+
is a probabilistic approach.
Most supply chain planning solutions
forecast using a single number.
However, a forecast by nature will always be wrong.
No solution can perfectly predict the forecasting future.
That's why SO99+ considers the unique probability
of future potential sales.
This way, you can understand the distribution
of likely orders, order size, and ultimately,
the most likely amount of potential sales in a full range.
A common activity you may encounter within your business
is the planning of promotional campaigns.
Whether it is a temporary price cut,
a new display, or free samples,
each of these activities is used to generate
additional demand.
SO99+ can seamlessly handle promotions
and gain an automated understanding
of each unique promotional profile,
its expected uplift, and its behavior
relative to the baseline forecast.
Taking inventory planning to the next level,
SO99+ will also use an aggregated service planning approach
alongside an optimization objective to maximize service
while simultaneously minimizing the working capital
required to meet a given service level.
SO99+'s proprietary inventory optimization
will complete this task across all echelons
of your network and even across all levels
of any bill of material that may be used
in your product creation.
The final aspect of supply chain planning
once inventory targets have been calculated
is replenishment.
Replenishment is the act of planning purchasing,
production, or even allocation.
SO99+ consumes data such as current stock,
existing orders in transit,
and back orders in order to create
a forward-looking replenishment plan.
And that's it.
ToolsGroup helps organizations
achieve their target service levels
while optimizing inventory.
No matter how complex their supply chain is
or how much demand changes.
That way, they can be ready for anything.