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ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

/PRNewswire/ ToolsGroup, a global leader in AI-driven retail and supply chain planning and optimization software, in collaboration with IHL Group, a global.

Housebuilder acquires land to build more than 200 new homes in Lanarkshire

Housebuilder acquires land to build more than 200 new homes in Lanarkshire
dailyrecord.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyrecord.co.uk Daily Mail and Mail on Sunday newspapers.

More than 120 new homes to be built at former hospital site

More than 120 new homes to be built at former hospital site
glasgowtimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from glasgowtimes.co.uk Daily Mail and Mail on Sunday newspapers.

Staffing Skills Deficit Remains Biggest Obstacle to Digital Transformation

Getty Images A new study by ToolsGroup and the Council of Supply Chain Management Professionals (CSCMP) found that the majority (90%) of respondents are somewhere along the digital journey, but talent deficits threaten to slow progress, with 42% of respondents handling staff/skills shortages poorly or very poorly. Plus, just 3% of companies didn’t experience any COVID-19-related business impact, while 42% of organizations say the pandemic has accelerated their digitization plans. “In our 2019 survey, the biggest factor holding back digital transformation was ‘fear of change.’ Today, we see a sharp contrast as COVID-related demand uncertainty has accelerated digitization to enable future resilience,” says Caroline Proctor, chief marketing officer of ToolsGroup. “Technologies such as demand forecasting and inventory optimization, which automate decision making and free up working capital while guaranteeing service, are top priorities for investment.”

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