ToolsGroup Receives Three New Supply Chain Awards

BOSTON, July 2, 2012 /PRNewswire/ -- ToolsGroup's "Powerfully Simple" supply chain planning continues to gain momentum as the company was recently added to three "top 100" supply chain lists: SupplyChainBrain's Great Supply Chain Partners, the Supply & Demand Chain Executive 100, and the Inbound Logistics Top 100.

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ToolsGroup was recognized in this year's Supply & Demand Chain Executive 100 for being a leading technology provider that helped its customers achieve supply chain excellence and position for the post-recessionary return to growth. The magazine highlighted transformational projects that had a significant impact on their clients.  Entitled '100 Great Supply Chain Projects,' ToolsGroup is cited for a Sales, Inventory & Operations Planning (SI&OP) project at one of the world's largest electronics products distributors. Within months, "Powerfully Simple" supply chain planning reduced its inventory by more than $3 million, while maintaining a very high service level.

ToolsGroup was also recently named to this year's Inbound Logistics Top 100. Drawn from a pool of more than 300 contestants, the editors selected Logistics IT providers that support and enable logistics excellence.

"ToolsGroup was selected because its solutions work tactically to master supply chain transactions, as well as strategically to act as a change agent to drive the enterprise to more closely match demand to supply," said Felecia Stratton, editor of Inbound Logistics. "ToolsGroup excels at providing solutions that drive supply chain excellence."

SupplyChainBrain's 100 Great Supply Chain Partners was the result of a six-month on-line poll in which supply chain professionals were asked to nominate vendors and service providers whose solutions have made a significant impact on their companies' customer service and overall supply chain performance.  Nominations were selected from hundreds of supply chain management trading partners.

"We are proud to be recognized by three leading supply chain publications within a few months," said Joseph Shamir, CEO of ToolsGroup. "It is a sign of the growing recognition of our "Powerfully Simple" approach to supply chain planning."

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. Visit us on the Web at www.SDCExec.com.

About Inbound Logistics

Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com

About 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 ToolsGroup

ToolsGroup (www.toolsgroup.com) is a global provider of Powerfully Simple supply chain planning software. Powerful behind-the-screen engines enable highly intelligent data-driven decision making. Reliable and scalable statistical models are continuously and automatically tuned to automate and simplify the planning and control process. Our customers overcome volatile supply chains to generate accurate forecasts and outstanding customer-service levels with less global inventory.  ToolsGroup's solutions span key supply chain planning areas such as Demand Planning, S&OP, Demand Sensing, Promotion Forecasting and Multi-Echelon Inventory Optimization.

SOURCE ToolsGroup