ToolsGroup Doubles Revenue in 2005 Reinforcing Inventory Optimization Market Leadership Position; Growth in U.S. Propels Company to Top of Market.BOSTON -- ToolsGroup, the leader in inventory optimization software Free and Open Source software
named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market generated 100 percent sales revenue growth in 2005. During the year, the company moved into a new U.S. headquarters office in Kendall Square, Cambridge, Mass. to accommodate its growing team. The company's expanding North American business more than doubled total company revenue. As a result, ToolsGroup secured the top global market share position in advanced inventory optimization, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an ARC Group The ARC group formed in the early 1980s. Some members of the group met at the Slade School of Art while others were studying architecture. All were interested in making site-specific installation works mostly with recycled material, partially influenced by the DIY culture of groups market survey. "ToolsGroup is the largest supplier of advanced inventory optimization solutions globally," reported Steve Banker, service director for Supply Chain Management at ARC Advisory Group. "They are strong in the consumer packaged goods, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , and retail verticals and have an extremely loyal customer base that includes 140 implementations at 90-plus customers." ToolsGroup added more than 20 new customers in 2005, including construction and agricultural equipment leader CNH CNH Carteira Nacional de Habilitação CNH Centro Nacional de Huracanes (Spanish) CNH California Nevada Hawaii (a district of Kiwanis International) CNH Club Náutico Hacoaj , GE Plastics, Tyco Healthcare, leading European snack and chip manufacturer San Carlo, and Cadbury Schweppes, one of the world's largest beverage and confectionery companies. Common themes were ease of use, customer service performance improvements and quick time to benefit. "This was a breakthrough year for ToolsGroup and our customers," said Joseph Shamir, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ToolsGroup. "Our company increased stake in North America and expanded into new territories and vertical markets. Building on this success, we will continue to reinforce our position as the leader in inventory optimization software and progressively build out our extended inventory network solution all the way to the consumer shelf." Other notable achievements for 2005 include completed certification for ToolsGroup's DPM (Documents Per Minute) The number of paper documents that can be processed in one minute. 5.1.0 product, earning the "Powered by SAP NetWeaver(R)" designation and the company was recognized with several industry awards including: Supply & Demand Chain Executive Top 100 and Food Logistics Top 100 Technology Solution Providers. About ToolsGroup ToolsGroup optimizes inventory in the finished goods supply chain. Its powerful solutions optimize multi-echelon distribution chain inventory, from finished goods assembly to the end consumer, and from strategic network design to daily operations. It allows supply chain managers to meet demanding service levels, while reducing inventory and operating costs. With more than 100 customers in 29 countries, it is the most experienced inventory optimization software provider worldwide. For more information on ToolsGroup and its solutions, please visit www.ToolsGroup.com. |
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