ToolsGroup

    OverviewSuggest Edit

    ToolsGroup is a company developing supply chain planning and demand analytics software. It offers Service Optimizer 99+, an integrated platform that delivers promotion, seasonality, and new product introduction forecasting backed by machine learning, probability planning, automation, and ERP integration capabilities. The company serves aftermarket parts, consumer goods, manufacturing, retail, telecommunications, and wholesale distribution industries.
    TypePrivate
    Founded1993
    HQAmsterdam, NL
    Websitetoolsgroup.com
    Employee Ratings4.1

    Latest Updates

    Employees (est.) (May 2021)216(+5%)

    Key People/Management at ToolsGroup

    Joseph Shamir

    Joseph Shamir

    CEO, Co-founder
    Eugenio Cornacchia

    Eugenio Cornacchia

    Chief Scientist, Co-founder
    Mauro Adorno

    Mauro Adorno

    EU Managing Director
    Caroline Proctor

    Caroline Proctor

    CMO
    Fabio Arione

    Fabio Arione

    Chief Technology Officer
    Roberto Miani

    Roberto Miani

    CFO
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    ToolsGroup Office Locations

    ToolsGroup has offices in Amsterdam, Boston, Bogotá, Paris and in 4 other locations
    Amsterdam, NL (HQ)
    Teleportboulevard 110
    Bogotá, CO
    Of. 1101, Autopista Nte. ##97-70
    Paris, FR
    18 Rue Pasquier
    München, DE
    Theatinerstraße 11/8. Etage
    Milano, IT
    Corso Monforte, 54
    Ciudad de México, MX
    Av. de los Insurgentes Sur 601, Nápoles, Benito Juárez
    Show all (8)

    ToolsGroup Financials and Metrics

    Summary Metrics

    Founding Date

    1993

    Time since last funding

    3 years ago

    ToolsGroup investors

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    ToolsGroup Operating Metrics

    ToolsGroup's Enterprise Customers was reported to be 300 in Mar, 2020.
    Mar, 2020

    Enterprise Customers

    300

    Countries (Customers)

    44

    Industries Served

    6

    Partners

    25
    Show all operating metrics

    ToolsGroup Online and Social Media Presence

    Embed Graph

    ToolsGroup Blogs

    Don’t Forecast Demand, Model Your Demand

    Demand modeling is different from demand forecasting. Simply put, it doesn’t forecast demand, it models demand. Forecasting typically starts with a time series of data—usually presented as a bar chart displaying demand by month or by week. It makes a projection of what will occur in future months ba…

    Study Shows 74 Percent of Digital Supply Chain Planning Transformations Influenced by COVID

    New global survey finds that companies executing digital planning transformations are better managing COVID-related demand and supplier uncertainty BOSTON, May 12, 2021 – A new study by ToolsGroup, a global leader in supply chain planning software, and the Council of Supply Chain Management Professi…

    How Supply Chain Optimization Enhances Your Strategic Business Plan

    Most successful companies complete annual strategic business plans in order to identify and execute upon growth opportunities. Likewise, many growth-oriented companies employ supply chain planning (SCP) software to facilitate their growth and improve efficiency and customer service. However, few ful…

    Simplifying Probabilistic Forecasting

    In episode nine of Be Ready for Anything, supply chain expert Stefan de Kok breaks down the basics of probabilistic forecasting. Employing analogies, clarifying concepts, and outlining the benefits, Stefan illustrates how probabilistic forecasting can be a powerful and necessary tool for companies w…

    Why Truckload Optimization is Better than a TMS

    Optimize truckload shipments to reduce transportation costs while increasing revenue How far can you go on $500 worth of diesel fuel? Sounds like a trick question, doesn’t it? The answer is it depends. As fuel prices continue to rise, supply chain planners can’t afford to use the same old unsophisti…

    Avoiding Stagnation: How Ratioform Stays Agile with Supply Chain Automation

    In episode eight of Be Ready for Anything, we hear from Mathias Kempe, the Director of Operations at Ratioform. Mathias takes us through Ratioform’s journey from manual planning to an automated system that could adapt to uncertainty. Listen to find out how Ratioform pivoted quickly in the face of un…
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    ToolsGroup Frequently Asked Questions

    • When was ToolsGroup founded?

      ToolsGroup was founded in 1993.

    • Who are ToolsGroup key executives?

      ToolsGroup's key executives are Joseph Shamir, Eugenio Cornacchia and Mauro Adorno.

    • How many employees does ToolsGroup have?

      ToolsGroup has 216 employees.

    • Who are ToolsGroup competitors?

      Competitors of ToolsGroup include Tecsys, Blue Yonder and FourKites.

    • Where is ToolsGroup headquarters?

      ToolsGroup headquarters is located at Teleportboulevard 110, Amsterdam.

    • Where are ToolsGroup offices?

      ToolsGroup has offices in Amsterdam, Boston, Bogotá, Paris and in 4 other locations.

    • How many offices does ToolsGroup have?

      ToolsGroup has 8 offices.