ToolsGroup partners for DSR

On November 12, 2015 ToolsGroup and Retail Velocity announced a partnership to bring together Retail Velocity’s Demand Signal Repository (DSR) with ToolsGroup’s Demand Sensing Analytics. The partnership should strengthen ToolsGroup ‘s marketplace position as a provider of demand planning and inventory management solutions because it can now provide a “single version of the truth” for a demand-driven supply chain. Companies taking advantage of DSR can reduce forecast error and bias, thus lowering inventory levels by a conservative estimate of 10 percent.