ToolsGroup Review - why 3.4 stars?

ToolsGroup Review
ITQlick Score: 85/100
ITQlick Rating: (3.4/5)
Pricing: 7.6/10 - high cost
Category: Supply Chain -> ToolsGroup
Ranking:Ranked 11 out of 227 Supply Chain systems
Company: ToolsGroup
Pricing: starts at $570 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: ToolsGroup pricing, ToolsGroup alternatives

Shlomi LaviShlomi Lavi / updated: Apr 23, 2022

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What is ToolsGroup and its features?

ToolsGroup software is a supply chain planning solution for medium and large businesses. It offers a number of features that include; an allocation and replenishment feature that calculates optimal inventory levels. The demand sensing and planning tool automates the creation of demand plans using machine learning.

The optimal optimization module factors in probabilities and multiple planning variables. It also provides a production planning tool that provides unparalleled visibility, control, and insight into the entire production lifecycle. ToolsGroup software is a product of Brookes Supply Chain Solutions, which is a company that is based in the United Kingdom.


What is ToolsGroup rating?

The rating of ToolsGroup is 3.4 stars out of 5 and the total score is 85 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses ToolsGroup?

Customers of the software include businesses of all sizes and a variety of types all over the world. It can be used in such major industries and domains as technology and IT services, retail and wholesale, automation and manufacturing, and others. Some notable clients of the software include Ingram Micro, Flying Cross, Bormilio Rocco, and others.

Is it easy to use?

Yes, ToolsGroup makes it fairly easy to use. This product is user friendly and intuitive.

Is ToolsGroup cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently ToolsGroup can't be accessed on mobile, you would need to access it from your computer.

Is ToolsGroup the best Supply Chain system?

ToolsGroup is ranked 11 out of 227 software in their category (Supply Chain systems).

What are their main features and functionalities?

The software offers management of unpredictable and intermittent demand along with the management of planning process. It offers accurate item-location level forecasts in addition to reliable statistical forecast and service level optimization. The software also offers assistance in leveraging the channel data and reduces the supply chain latency.

ToolsGroup offers demand sensing which improves near-time replenishment by responding more effectively to the actual end customer pull. It converges planning and execution through synchronization of upstream and downstream processes. Other capabilities include optimization of promotional outcomes, maximization of promotional ROI, inventory turnover improvement, custom reporting, and others.

Who are their main alternatives?

The two main competitors of ToolsGroup software include Halo and AverCast Forecasting solutions. Halo software is an end-to-end business intelligence and supply chain management solution while ToolsGroup software is a supply chain planning solution for medium and large businesses. Both Halo and ToolsGroup software are average in cost. Based on the online reviews, Halo software has been awarded a 4.5-star rating while ToolsGroup software has no rating.

ToolsGroup software is ideal for medium and large businesses while Halo software is an ideal solution designed to support small, medium, and large businesses. AverCast Forecasting software is demand planning and sales forecasting solution while ToolsGroup software is a supply chain planning solution for medium and large businesses.

AverCast Forecasting software is a low software while ToolsGroup software is an average cost. While AverCast Forecasting software offers deployment flexibility as it can either be installed on-premise or hosted on the cloud while ToolsGroup solution can only be deployed on cloud. Based on the online reviews, AverCast Forecasting software has been awarded a 4-star rating while ToolsGroup software has no rating.

What is the cost of ToolsGroup?

The cost of license starts at $570 per month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 7.6 out of 10 (10 is most expensive). You can find here the REAL total cost breakdown for ToolsGroup. You can also find here pricing information from ToolsGroup's website.

What should you ask ToolsGroup during a demo session? (65 questions)

Schedule a demo with ToolsGroup and access 65 must ask questions for the vendor while watching ToolsGroup in action.

Where ToolsGroup is used?

ToolsGroup software is suitable for medium and large businesses. It caters to multiple specialties including energy and utilities, financial services, hospitality, healthcare, higher education and many more. Some of the customers include ALESSI, BIC, Bvlgari, CEPSA, Cipla and many more.

List of categories

Inventory Management
Supply Chain Planning

ToolsGroup Vs. Alternatives

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.