ToolsGroup, a provider of supply chain planning software, recently announced a new online COVID-19 Supply Chain Action Center, providing resources to help companies respond to Coronavirus risks and speed supply chain recovery. Along with its AI-driven demand forecasting and inventory planning software, ToolsGroup has introduced new customer support offerings for COVID-19 planning as well as educational resources.

ToolsGroup solutions including demand forecasting, demand sensing and inventory optimization enable companies to assess changing demand and re-evaluate service levels and stocking decisions to combat both scarcity and spoilage. 

ToolsGroup’s COVID-19 Action Center:

• Provides steps planners can take now to meet service goals and speed recovery
• Offers customer support including scenario simulation and KPI monitoring and benchmarking to help companies to be ready for anything
• Contains educational resources and stories of how global supply chains are responding to COVID

“With a crisis like COVID-19, planning for the usual is impossible, and lesser disruptions than this have brought unprepared companies to their knees. At ToolsGroup we’re all about being ready for anything--even the unpredictable,” said Joseph Shamir, CEO of ToolsGroup. “Our commitment is to help our customers achieve target service levels while optimizing inventory, even with complex supply chains and constantly changing demand.”

About ToolsGroup

ToolsGroup is how organizations achieve their target service levels while optimizing inventory, no matter how complex their supply chain is or how much demand changes. In a world that never follows the rules, organizations have to be ready for anything--from the challenges of multi-echelon inventory optimization to the endless surprises of sporadic demand. To do this, they have to predict more behaviors, protect against surprises, and perform more efficiently. Only ToolsGroup makes all this possible.