ToolsGroup acquired Onera, a provider of real-time retail inventory availability and dynamic fulfillment software solutions. The combined software offering gives retailers crucial visibility into inventory as well as the ability to optimize planning and fulfillment to enable a flexible and resilient supply chain.
“Amid today’s demand and supply crises, retailers need flexible and resilient supply chains to keep customer satisfaction high and minimize costs,” says ToolsGroup CEO Inna Kuznetsova. “Onera is an excellent complement to ToolsGroup’s strong retail and supply chain planning capabilities and we are delighted to welcome this innovative team as part of our company.”
“Onera is excited to join the ToolsGroup team to accelerate our vision of end-to-end supply chain visibility and intelligence,” says Sahil Gupta, CEO and co-founder of Onera. “Real-time inventory visibility provides the agility and flexibility needed to create the seamless omnichannel experience that today’s customers crave. Together, we can leverage this visibility to optimize and automate the entire supply chain—from planning to execution.”
From PR Newswire:
- ToolsGroup will add these Onera capabilities to its retail planning suite: Inventory Hub manages real-time inventory availability accurately—to any channel; Dynamic Availability determines what and how much store inventory to expose online, using machine learning to predict inventory availability in store; and Dynamic Fulfillment automates and optimizes multi-node fulfillment, using real-time inputs.