SOURCE: ToolsGroup

April 22, 2008 08:57 ET

ToolsGroup's Inventory Optimization Answers Call of Leading Fire Safety Products Manufacturer

Sales and Operations Planning Solution Already Generating Benefits

CAMBRIDGE, MA--(Marketwire - April 22, 2008) - ToolsGroup, a global provider of demand-driven inventory optimization solutions, announced today that it has entered into an agreement with Kidde Residential & Commercial to provide solutions to help drive its sales and operations planning (S&OP) process.

Part of UTC Fire & Security, Kidde R&C is a global leader in fire detection and suppression, and manufactures products ranging from portable fire extinguishers to smoke and carbon monoxide alarms.

"The net effect of our ToolsGroup partnership is a common data set and workflow across our S&OP process, including forecasting, supply chain optimization, replenishment and production planning," said Suresh Krishna, Kidde's director and head of global operations, supply chain and IT. "In addition, ToolsGroup's Service Optimizer 99+ [SO 99+] will help us provide our commercial and residential customers with the best possible customer service."

The S&OP solution is being developed and implemented by Supply Chain Process Improvement (SCPI), a consulting firm that specializes in optimizing S&OP and other supply chain processes. The total Kidde solution includes process definition and implementation of the SO 99+ technology, which includes demand modeling, service level optimization and inventory optimization, and replenishment planning.

"We are proud to be able to provide a company like Kidde with the right S&OP tools for setting global service levels and a powerful optimization engine for delivering on their operational goals," added Joseph Shamir, CEO of ToolsGroup.

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 Kidde

As the world's largest manufacturer of fire safety products, Kidde's mission is to provide solutions that protect people and property from the effects of fire and its related hazards. For 90 years industry leaders, the military, airlines and firefighters have relied on Kidde to deliver superior fire detection and suppression. Consumers will find that same advanced fire safety technology in Kidde's residential and commercial smoke alarms, carbon monoxide alarms, fire extinguishers and other life safety products. Based in Mebane, NC, Kidde is part of UTC Fire & Security, a leading global supplier of fire safety and security services serving government, industrial, commercial and retail industries with brand names such as Kidde, Chubb and others. UTC Fire & Security is a division of United Technologies Corporation (NYSE: UTX) a diversified company that provides high technology products and services to the aerospace and commercial building industries worldwide. For more information, visit www.kidde.com.

About Supply Chain Process Improvement, Inc.

Supply Chain Process Improvement, Inc. (SCPI) is a supply chain consulting firm that helps companies find and correct the problems with process, tools and change management, which result in "Dollar Leaks" that negatively impact Supply Chain performance. Its staff has considerable experience and insight in a wide variety of industries, processes and technologies, from which it has formed best practices that can be applied across a wide-range of industries including: Consumer, Beverage, Paper, Packaging, Industrial Supply, Pharmaceutical and many others. For more information, visit SCPI on the web at www.scpiteam.com.

Contact Information

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