–News Direct–

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announces that it will be exhibiting the latest AI enhancements to its JustEnough Retail Planning & Execution suite at NRF 2024, Retails Biggest Show, January 14-16, 2024.

NRF 2024 is a retail tradeshow that brings together more than 6,200 brands from around the globe to New York City for three days of learning, collaboration, and discovery. The event will welcome over 40,000 attendees and feature 1,000 exhibitors. 450 speakers across 170 sessions will cover topics and trends such as AI and machine learning, customer experience, digital transformation, de-risking supply chains, and more.

Retailers and industry thought leaders will have the opportunity to see firsthand the impact of JustEnoughs latest developments at Booth #3948. JustEnough now boasts the latest responsive AI technology, thanks to the recent acquisition of Evo, whose AI engine now underpins ToolsGroups dynamic inventory optimization capabilities. This enables retailers to allocate intelligently, rebalance and replenish with real-time, store-level forecasts, and dynamically optimize pricing and markdowns for reduced stock-outs and better margins.

With ToolsGroups responsive AI, retailers can sense, predict, and respond to subtle but profound marketplace changes, finding optimal ways to serve customers while improving revenue, said Jason Gautereaux, Vice President of New Customer Sales. By optimizing reality working with real-time data for real-time improvements we enable organizations to make intelligent decisions and drive profitability.

But its not just about the bottom line. Were excited to seize this momentous opportunity to not only find new AI applications within retail but also guide those applications towards a future where supply chains are a force for good. Were helping organizations maximize their business potential while improving efficiency and minimizing waste which is good news for the environment.

Additional Resources:

  1. Coming to NRF? Book a meeting with the ToolsGroup team HERE.
  2. ToolsGroup was named the technology leader in the SPARK Matrix for Retail Forecasting and Replenishment. Download the report HERE.
  3. Learn more about responsive AI and quantum learning HERE.

About ToolsGroup

ToolsGroups 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 ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com.

Contact Details

Meir Kahtan

+1 917-864-0800

mkahtan@rcn.com

Company Website

https://www.toolsgroup.com

View source version on newsdirect.com: https://newsdirect.com/news/toolsgroup-justenough-r-brings-responsive-ai-to-nrf-2024-492571857

ToolsGroup

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