SOURCE: ToolsGroup

May 07, 2008 12:27 ET

ToolsGroup Drives Supply Chain Optimization for ITT Industries Friction Products

Brake-Pad Market Leader Selects ToolsGroup for Advanced Sales and Operations Planning

CAMBRIDGE, MA--(Marketwire - May 7, 2008) - ToolsGroup, a global provider of demand-driven inventory optimization solutions, announced that ITT Industries Friction Products has contracted with the company to implement its supply chain planning solution, Service Optimizer 99+ (SO 99+). ITT will use the supply chain solution for sales forecasting and managing purchasing plans.

Part of the US group of ITT Industries, ITT Industries Friction Products is a worldwide market leader in the manufacture of pads for brake systems.

"We selected SO 99+ because of its ability to integrate with ERP (SAP R/3) and its support of the new planning process based on advanced Sales & Operations Planning (S&OP) theories," said Luigi Mezzadri, supply chain director at ITT. "We'll use the system to optimize service to our markets and to minimize the costs associated with the continued revision of production plans and split deliveries. ToolsGroup's SO 99+ fits our need for a solution that provides service level excellence and addresses the varied demand that is a common characteristic of our target markets."

Using the Demand Planner component of SO 99+, ITT will calculate sales forecasts and manage the collaborative process, which balances client purchasing plans with promotions negotiated by distributors. In addition, the advanced Inventory Planning module manages the stock planning process and determines the optimum stock level required to achieve the desired level of service, while balancing market variations in the logistics-production chain.

ToolsGroup is a certified partner of SAP (Powered by SAP NetWeaver®) and the SO 99+ suite is particularly suited to integration with operating processes managed by SAP R/3.

About ToolsGroup

ToolsGroup is an innovation partner for companies who want to achieve outstanding customer-service levels with less global inventory. Using our demand-driven inventory optimization solutions, our customers improve daily forecast accuracy and correctly set safety stocks to achieve up to 99+ percent customer-service levels while significantly cutting inventory. ToolsGroup has more than 150 customers in 31 countries worldwide. For more information on ToolsGroup and its solutions, please visit www.ToolsGroup.com.

About ITT Industries Friction Products

ITT Industries Friction Products is part of the US group of ITT Industries, which manufactures products for a wide range of market sectors including water treatment systems, dynamic fluid pumps and electronic components for defense systems and the automotive industry. ITT Industries Friction Products has facilities in Europe and the US. The company serves the OEM, OES, and After Market sectors. ITT is known for its technological leadership, its competency in reacting to clients and for the in-depth training and motivation of its staff.

Contact Information

  • Media Contact:
    Jonathan Bloom
    For ToolsGroup
    617-374-4298
    Email Contact