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ToolsGroup

Probabilistic forecasting and inventory optimisation pioneer

Overview

ToolsGroup was founded in Boston in 1993 by Joseph Shamir and Eugenio Cornacchia on the premise that supply chains are probabilistic and planning should be too. The company says it built the first service-driven supply chain planning software and the first multi-echelon inventory optimisation[8]. It reports more than 300 enterprise customers[8].

ToolsGroup’s planning software generates probabilistic demand forecasts, sets inventory targets to achieve chosen service levels across multi-echelon networks, and supports replenishment and retail planning. The company cites an industrial manufacturer managing 1.4 million SKU-market combinations across 42 locations and 17 ERP systems with a global team of two, and a customer that cut spare-parts stock by 30% while raising service levels from 87% to 97% over three years; these are vendor-reported results[16]. ToolsGroup says it was recognised in the 2026 Gartner Magic Quadrant for Supply Chain Planning Solutions: Discrete Industries[16].

The probabilistic approach suits long-tail, intermittent and service-parts demand. ToolsGroup is less known for S&OP and finance integration than the end-to-end suites, and it does not publish prices.

ToolsGroup features

  • Probabilistic demand forecasting
  • Multi-echelon inventory optimisation
  • Service-level-driven planning
  • Replenishment and retail planning
  • Handles millions of SKU-location combinations
  • Inventory and supply planning
  • Pricing, promotion and markdown optimisation
  • Retail planning (from JustEnough and Onera)

ToolsGroup pricing

Quote-based; no published prices.

ToolsGroup strengths and limitations

Strengths

  • Pioneer of probabilistic forecasting
  • Strong multi-echelon inventory optimisation
  • Good fit for intermittent demand
  • Scales to very large SKU counts
  • Probabilistic forecasting for intermittent demand
  • Covers pricing and promotions as well as supply

Limitations

  • No published pricing
  • Narrower S&OP and finance integration
  • Smaller vendor than end-to-end suites
  • Results figures are vendor-reported
  • Smaller vendor than enterprise suites
  • No execution modules

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