ToolsGroup and River Logic Join Forces, Leveraging Digital Twins for Powerful, End-to-End Supply Chain Benefits
At ToolsGroup, we’re thrilled to bring value to customers around the world in collaboration with our extensive partner network.
That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. River Logic offers both a platform for customer solutions as well as network optimization and production planning & scheduling applications.
Combining these impressive capabilities with ToolsGroup’s AI-driven, award-winning supply chain solutions, companies can now enjoy a truly end-to-end planning and execution process.
“As a customer of both ToolsGroup and River Logic, I am very excited by this news,” said Moid Alwy, Chief Supply Chain Officer at American Tire Distributors. “Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.”
Let’s delve into how exactly this partnership delivers faster, more strategic decision-making, greater visibility, and a truly comprehensive supply chain planning solution.
Combining Digital Twins
Besides connecting supply chain planning and execution with production planning and scheduling (more on that below), this strategic integration also provides visualization and scenario planning of the physical value chain overlaid with a virtual representation of the actual flow of goods.
Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.”
SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement.
River Logic’s Digital Planning Twin™ helps companies easily, quickly, and thoroughly assess a truly end-to-end set of scenarios. These scenarios factor in the full value chain as well as the product portfolio, sustainability targets, the financial impact in terms of profitability, and the ability to finance the operation.
This provides organizations with the unique ability to model both longer term strategic supply chain design variations and the resulting impact on inventory and service levels.
Strategy Meets Execution
The integrated solution from ToolsGroup and RiverLogic provides deep end-to-to-end capabilities for faster, more strategic supply chain decision making.
Strategic Planning
- End-to-end financial scenarios
- Infrastructure strategy and capacity planning
- Business continuity planning
- ESG and carbon emissions planning
- Production strategy
- Network design
- Digital supply chain planning twin
- Sales and operations planning
Execution Planning
- Digital supply chain execution twin
- Probabilistic forecasting
- Inventory optimization
- Probabilistic supply planning
- Production planning
- Allocation and replenishment
- Production scheduling
“The partnership with ToolsGroup is a win-win for our joint customers, improving efficiency and providing powerful business benefits,” said ToolsGroup CEO, Inna Kuznetzova. “Closely linking supply planning with production planning will improve efficiency and performance for our customers. And connecting actual digital supply chain flows with the digital supply chain planning twin will give supply chain leaders the ability to act more quickly and make strategic decisions with more confidence.”
