ToolsGroup, Chainalytics Partner on Inventory Optimization

Allies to enable supply chain analysis through application of solutions targeted at manufacturers, wholesalers, retailers

Allies to enable supply chain analysis through application of solutions targeted at manufacturers, wholesalers, retailers

Boston  September 7, 2004  Solution providers ToolsGroup and Chainalytics are partnering to enable Chainalytics' supply chain analysis capabilities through the application of ToolsGroup's inventory optimization technology under a deal aimed at producing optimized inventory strategies for manufacturers, wholesalers and retailers with complex supply chain requirements.

ToolsGroup is a provider of inventory optimization software solutions for distribution-intensive businesses from strategic network design to daily operations. Chainalytics is a consulting and analytical outsourcing firm specializing in applying decision sciences technologies to strategic and tactical supply chain planning. Both companies share a common goal: developing highly efficient inventory strategies for inventory intensive companies with complex supply chain networks.

"Inventory optimization tools and techniques offer untapped potential value for most leading companies," said Mike Kilgore, president of Chainalytics. "ToolsGroup offers unparalleled technology for positioning finished goods inventory to deliver optimized customer service levels. Their unique ability to solve complex distribution problems will greatly enhance our established methods and existing tools partnerships."

The two companies have begun collaborating at several Fortune 1000 companies that are investing in additions to their enterprise resource planning (ERP) and supply chain infrastructure to achieve the highest possible customer service levels (fill rates) and optimized inventory strategies.

"To insure a high level of service to our customers, ToolsGroup aligns with best-of-breed partners in the fields of supply chain planning and inventory optimization," said Joseph Shamir, ToolsGroup CEO. "Chainalytics is a respected leader in supply-chain and inventory optimization, and they bring a deep understanding of consumer goods and other distribution-intensive industries, making this relationship a perfect fit."
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