ToolsGroup

“To some extent, slow-selling inventory is less of a problem for us. Classic, functional shoes have a long shelf life, regardless of trends.”

“We are really pleased with the balance ToolsGroup strikes in terms of offering the right mix of complexity and user friendliness.”

“Now, our users don’t have to think about whether they are allocating a pre-pack or individual item – the ToolsGroup solution looks at pre-pack and loose item inventory holistically, and automatically calculates the allocation,”

“This allows us to correct demand history in the future, and to avoid making the same mistakes again. Our analysis is now really focused on the forecast. We won’t miss something simply because a particular store didn’t sell the item in the first place.”

“We were really encouraged to see product availability go up and average stock holding come down so soon after we went live,”

““I recommend the ToolsGroup solution to others in Mexico. We worked together to achieve ambitious goals, and the results exceeded even my high expectations. This has revolutionized our approach to pricing,””

““The solution's unique data-driven approach to clustering and pricing allowed us to maximize revenue without the expected customer impact. The system made adjustments to pricing and promotions subtle enough to avoid backlash, yet they had an outsize impact on the bottom line,””

““The first weeks of the pilot made our team believers. KPI growth accelerated, and the solution's autonomous system actually reduced operational complexity,””

““Mobo is in an incredibly competitive market, so we couldn’t afford to lose momentum testing failing pricing strategies. We needed to find the right solution fast. The solution's AI is designed to quickly adapt to real-time results and achieve optimal outcomes in a short time. We decided to partner with them to accelerate the test-and-learn process to get positive ROI in weeks, not years,””

““I knew that our pricing strategy was leaving money on the table, but I worried that changing prices often or differentiating between stores geographically close to each other could damage our brand with customers. Customer loyalty is hard to achieve in our industry, and our brand is our biggest competitive advantage. We needed a more dynamic pricing strategy but could not risk negatively impacting that brand.””

“I needed to show them and our franchise owners that this was a relatively low-effort, high-reward system as quickly as possible.”

““It has been a winning partnership. The ToolsGroup solution has been our top innovation of 2016.The impact far exceeded our expectations, delivered professionally. The longer we let this replenishment system learn, the more our impact grows,””

““Our store managers felt excited about the new replenishment process. On average, 72% of our store managers provided input throughout the pilot, and they were pleased to see their requests honored by the system. Our local staff have long been a vital part of our success. Their engagement lets each store manager multiply their individual impact,””

““The initial results already delivered above and beyond our hopes for the initiative. The ToolsGroup solution (Inventory AI) started to turn our KPIs around and show returns from Week One,””

“I was concerned that forecasts based on so little data may not be dependable or deliver the desired ROI.”

“In recent years we have experienced great volatility and uncertainty in the market. The ToolsGroup solution allows us to carry out periodic reviews with different areas of the company (the commercial department, pricing teams, and suppliers), powering a more dynamic planning process that helps us rapidly re-adjust supplies, sizing production centers, and controlling stock levels, while maintaining the level of service and achieving greater flexibility of action,”

“We chose ToolsGroup because of its ease of use and the scalability of its applications, which made it easy to invest in and evolve with as our company transforms.”

““Shareholder value is tremendous. The ToolsGroup solution is our partner of choice. Together we are exploring, learning, and delivering,””

““The ToolsGroup solution team was just as committed to eliminating waste as we were. In fact, they showed us how we could further these goals through additional supply chain adjustments”.”

““From the very beginning, it was clear that the ToolsGroup solution (Price.ai) strategy would deliver above and beyond our expectations. The immediate impact on our bottom line was undeniable,””

“This careful attention to detail is critical to our brand.”

“We're excited about what we've achieved with ToolsGroup so far, and we're looking forward to more innovation to come.”

“ToolsGroup helps us use data to make smarter, faster decisions to create an even better experience for our customers.”

“A major benefit of working with ToolsGroup is that they are constantly enhancing their business solutions. ToolsGroup incorporates best practices from their numerous customer implementations and upgrades around the globe into their standard product offering. This makes us confident that the ToolsGroup solutions are always current and leading edge.”

“This contributed significantly to the staff motivation and productivity. The extended duration of system availability has allowed for more flexible working hours to be implemented, and made it easier to cope with the additional workload when people may be out of office.”