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Taiwanese film hunters rescue ageing reels from bygone era
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Australia stand by under-fire Popovic after World Cup exit
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Trump arrives for US 250th birthday speech after storm delay
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Afghan car trade screeches to a halt due to regional wars
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All Blacks wing Fineanganofo's debut began 'in the toilet, spewing'
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Pipe dreams: Bangladesh surfers chase waves at Asian Games
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Xhaka -- Switzerland's World Cup rock born to be skipper
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England can write new Azteca history by meeting Mexico challenge, says Tuchel
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Trump pushes ahead with US 250th birthday speech after storm delay
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Paraguay coach says team 'fought like lions' in World Cup loss to France
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Australia's Schmidt rues missed opportunities as Wilson defends Donaldson
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Violent crime wave beleaguers Israel's Arab youth
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Deschamps hails France for staying cool in World Cup win over Paraguay
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Severe weather disrupts Trump's America 250 celebration
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Japan ready for Ireland after 'big statement' against Italy
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Judge, Trout among MLB All-Star Game starter selections
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Mbappe says France happy 'to get hands dirty' after World Cup win
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Davis-Woodhall opens up about depression after Eugene win
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France beat Paraguay with Mbappe penalty to reach World Cup quarter-finals
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France battle past Paraguay to set up Morocco World Cup showdown
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Ukraine denies Moscow claim of seizing strategic stronghold
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Jefferson-Wooden holds off Richardson for Eugene 100m win
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Dinusha shines for Sri Lanka on second day of West Indies Test
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Stopping Haaland no mystery for Brazil, says Ancelotti
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Julian Quinones, Mexico's not-so-secret World Cup weapon
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Coach says Morocco 'no longer a surprise' after reaching World Cup quarters
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Erasmus celebrates equalling record with win for weakened Springboks
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Tuipulotu guides Scotland past Argentina with record score
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'I'm going with him': families fear for bodies of Venezuela's quake dead
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'Proud' Marsch says Canada better side in World Cup exit
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Venezuela quake death toll rises to nearly 3,000
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Norway must handle occasion against Brazil, says Solbakken
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England unhappy with Rita Ora show before T20 World Cup final
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Bethell upstages 'unbelievable' Sooryavanshi as England beat India
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Morocco end Canada World Cup dream to reach quarters as France face Philly heat
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'No point in racing' says frustrated Verstappen after British GP qualifying
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Ruthless Morocco break Canadian hearts to reach World Cup quarters
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Tour de France yellow gives Vingegaard crash closure
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An 'angel' in darkness after Venezuela's deadly quakes
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Smiling Antonelli proves all-round quality with pole at British GP
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US turns 250 with Trump center stage
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Vingegaard takes Tour de France lead with 'perfect start'
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South Africa beat 13-man England in Nations Championship
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Osaka eyes Sabalenka revenge in Wimbledon last 16
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Vingegaard takes Tour de France lead as Visma win opening stage
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Bethell upstages Sooryavanshi as England beat India in 2nd T20
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Swiatek doesn't care about results after Wimbledon exit
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Antonelli outpaces Ferraris to claim pole for British Grand Prix
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England bid to emulate Lionesses and Red Roses in T20 World Cup final
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Tens of thousands rally in France against sexual violence
ToolsGroup Showcases AI-Driven Solutions at NRF to Help Retailers Thrive Amid Possible Tariffs and Market Uncertainty
Probabilistic planning and advanced AI capabilities empower businesses to confidently navigate economic and regulatory complexities
Probabilistic planning and advanced AI capabilities empower businesses to confidently navigate economic and regulatory complexities
ToolsGroup, a global leader in retail and supply chain planning and optimization software, is excited to announce its participation in the National Retail Federation's Retail's Biggest Show, taking place January 12-14, 2025, in New York. ToolsGroup invites NRF attendees to Booth #4043 to explore its retail planning technology, including the launch of Inventory.io, designed to help businesses prepare for the unknown in 2025.
Retailers are increasingly concerned about the year ahead as they grapple with potential tariffs and broader economic uncertainties. According to McKinsey & Company and BoF Insights' State of Fashion 2025 report, achieving Inventory Excellence is a critical priority for retailers aiming to remain profitable amidst these economic challenges. Inventory.io's AI-powered learning engines and prescriptive optimization are designed to help businesses manage fluctuating demand across complex, omnichannel retail supply chains with precision.
Optimizing inventory in season reduces the risk of costly stockouts and overstocks, enabling businesses to preserve strong margins and profitability, even during periods of uncertainty. Early adopters of the Inventory.io engines have achieved profit increases of 12% on average, driven by a 25% reduction in stockouts and a 20% increase in turns.
"Retailers are grappling with a perfect storm of challenges, making retail planning more complex, and getting it right more important than ever before," said Inna Kuznetsova, CEO of ToolsGroup. "With over 30 years of innovation, our AI-powered solutions and unique probabilistic planning capabilities empower businesses to stay competitive and adaptable in an increasingly dynamic and uncertain market."
At NRF, ToolsGroup will showcase our industry leading solutions designed to help retailers weather this retail uncertainty. Price.io and Promo.io maximize margins and revenues with AI-driven price recommendations that hit or exceed planned sales rates while ensuring all promotions deliver positive ROI, even with minimal or dirty data. By adopting dynamic pricing now, retailers will be able to react to changing costs, shifting demand, and market downturns or inflation in a way that preserves profits. Additionally, Markdown.io preserves that increased margin through end-of-the-season discounts while maximizing sustainability.
NRF 2025 is the world's largest retail tradeshow that brings together nearly 45,000 attendees and 6,000 brands from around the globe to New York City to network and discuss innovative strategies for breaking through and driving change. Set up an on-site meeting with ToolsGroup to learn how smarter, more responsive retail planning can unlock new growth opportunities for your business: Book a meeting here.
ToolsGroup also invites all NRF attendees to visit Lounge #4 to take a spin on ToolsGroup's popular 'Supply Chain Wheel of Fortune.'
About ToolsGroup:
ToolsGroup's innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory - delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, and YouTube, or visit www.toolsgroup.com.
Media Contact:
Escalate PR for ToolsGroup
[email protected]
SOURCE: ToolsGroup
F.Bennett--AMWN