• Advertise
  • Contact Us
  • Supplier Directory
  • SCB YouTube
  • About Us
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Parcel & Express
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Robotics
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Customer Relationship Management
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • Green Energy
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • Sourcing/Procurement/SRM
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Management & Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Warehouse Automation
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • WHITEPAPERS
  • VIDEOS
Home » How an eCommerce Wholesaler Freed $3 Million in Inventory in One Week

How an eCommerce Wholesaler Freed $3 Million in Inventory in One Week

May 8, 2012

Solution: They implemented an SI&OP (Sales, Inventory & Operational Planning) process, choosing ToolsGroup as their forecasting and inventory optimization platform. It provided a powerful statistical forecasting engine to handle their wide product variety and an excellent platform for planners to add market intelligence. And, added the SCP director, "It does not require an expert in statistics to use."

Results: The ROI was incredibly fast, cutting $3 million the first 3 days. According to the SCP director, "In one week I was able to recalculate new forecasts and safety stocks, cancelling out over $3 million of new purchases. And that inventory stayed out of our business!"

About the Solution Provider: ToolsGroup's "Powerfully Simple" supply chain planning software helps our customers achieve reliable forecasts and inventory targets for controlling volatile supply chains and delivering "service level excellence". We are successfully deployed globally at 250+ companies in 31 countries on a variety of platforms, such as SAP, Dynamics and Oracle.

Web: www.toolsgroup.com

Email:  [email protected]

Phone:  617-263-0080

    RELATED CONTENT

    RELATED VIDEOS

    Case Study Showcase Technology Forecasting & Demand Planning Supply Chain Planning & Optimization Sourcing/Procurement/SRM High-Tech/Electronics
    KEYWORDS Case Study Showcase Forecasting & Demand Planning High-Tech/Electronics SC Planning & Optimization Sourcing/Procurement/SCM Technology
    • Related Articles

      Managing Inventory in an Unpredictable Economy Is a Delicate Balancing Act

      How to Optimize Inventory in the Digital Age

      TierOne Automotive Manufacturer Collaborates with Suppliers, Saving 25% in Inventory

    • Related Directories

      ProcureAbility

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Featured Product

    Popular Stories

    • TWO WORKERS IN HI-VIS VESTS AND HARDHATS CONSULT A BANK OF COMPUTER SCREENS

      How a Poor Hiring Process Leads to High Turnover in Supply Chain

      HR & Labor Management
    • HANDS TYPE ON A KEYBOARD UNDER A SUPER IMPOSED DIGITIZED MAP OF THE WORLD, ALONG WITH IMAGES OF A SHIP, A SHOPPING CART AND OTHER SYMBOLS OF INTERNATIONAL LOGISTICS

      Five Demand-Forecasting Mistakes Supply Chain Leaders Are Rethinking

      Technology
    • The outside of Oracle Corporation's corporate headquarters located in Silicon Valley. Photo: iStock.com/Sundry Photography

      Oracle Cuts 21,000 Jobs, More to Come From AI

      Technology
    • 037_a_roadmap_for_the_ai_journey_v1-(540p).png

      Watch: A Roadmap for the AI Journey

      Artificial Intelligence
    • GIST-webinar-LWASC-Ep2.png

      Million Dollar Baby Planning Meets Supply Chain Agility: A Conversation with Julia Bedanova

    Digital Edition

    2026 esg cover main scb q2 2026 cover

    SupplyChainBrain 2026 ESG Guide: ESG — The Supply Chain’s Biggest Secret

    VIEW THE LATEST ISSUE

    Case Studies

    • Recycled Tagging Fasteners: Small Changes Make a Big Impact

    • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

      Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

    • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

      Moving Robots Site-to-Site

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    Visit Our Sponsors

    4flow Arkieva Blue Yonder
    Carton Cloud CoEnterprise Dassault
    Duravant E2Open General Logistics Systems
    Hy-Tek iGPS Korber
    Lyngsoe Procurability Quinyx
    SAP Sikick Systech
    S&P Global Mobility TADA TransImpact
    US Bank Werner Enterprises WSI
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Email Preferences
      • Newsletters
    • Resources
      • Events Calendar
      • 2026 Event Coverage
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2026 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing