{"id":116197,"date":"2024-12-12T08:57:08","date_gmt":"2024-12-12T13:57:08","guid":{"rendered":"https:\/\/envistacorp.com\/?p=116197"},"modified":"2024-12-12T08:57:09","modified_gmt":"2024-12-12T13:57:09","slug":"envista-and-toolsgroup-launch-rebalance-ai-as-a-service","status":"publish","type":"post","link":"https:\/\/envistacorp.com\/en-au\/2024\/12\/12\/envista-and-toolsgroup-launch-rebalance-ai-as-a-service\/","title":{"rendered":"enVista and ToolsGroup Partner to Launch RebalanceAI as a Service for Retailers"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>\n<p class=\"has-medium-font-size\"><em><em>RebalanceAI as a Service enables retailers to optimise inventory placement across their network, boosting profitability<\/em><\/em><\/p>\n\n\n\n<p><strong>INDIANAPOLIS <\/strong>(December 12, 2024) \u2013 <a href=\"http:\/\/www.envistacorp.com\" target=\"_blank\" rel=\"noreferrer noopener\">enVista<\/a>, a leading supply chain and enterprise solutions provider, today announces the launch of RebalanceAI as a Service, a new industry offering developed in partnership with <a href=\"https:\/\/www.toolsgroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">ToolsGroup<\/a>. This dynamic inventory management software, offered as a Software as a Service (SaaS) model, can empower retailers to increase their profits by up to 12 percent without the need for a costly implementation process.<\/p>\n\n\n\n<p>With RebalanceAI as a Service, enVista\u2019s retail commerce consulting team can input your inventory data into ToolsGroup\u2019s RebalanceAI tool to analyse your inventory positions and identify opportunities for repositioning to increase profitability.<\/p>\n\n\n\n<p>enVista\u2019s CEO, Jim Barnes, said, \u201cInventory represents one of the largest capital investments for retailers, yet even the biggest players often struggle with inventory misplacement across their networks. The introduction of RebalanceAI as a Service provides retailers with access to cutting-edge AI technology, enabling them to make smarter inventory decisions without the significant time and financial investment typically required for implementation. The combination of ToolsGroup\u2019s technology and enVista\u2019s retail consulting expertise will make inventory profitability more accessible to retailers nationwide.&#8221;<\/p>\n\n\n\n<p>&#8220;We are excited to bring this cutting-edge prescriptive AI solution for inventory optimization to the retail market with enVista,\u201d said Inna Kuznetsova, CEO of ToolsGroup. \u201cInventory excellence is a critical goal in 2025 for many retailers. This solution balances a retailer\u2019s network based on real-time demand, stopping costly stockouts and overstocks. By combining this innovative ToolsGroup solution with the longstanding expertise of enVista\u2019s consultants, the joint engagement quickly delivers significant customer value.&#8221;<\/p>\n\n\n\n<p>Visit our website to learn more about <a href=\"https:\/\/www.envistacorp.com\" target=\"_blank\" rel=\"noreferrer noopener\">enVista<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center\">###<\/p>\n\n\n\n<p><strong>About ToolsGroup<\/strong><strong><\/strong><\/p>\n\n\n\n<p>ToolsGroup\u2019s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory \u2013 delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on <a href=\"https:\/\/url.usb.m.mimecastprotect.com\/s\/XGMwCjAW1KTrxoYuWfYImn3K6?domain=linkedin.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a>, <a href=\"https:\/\/url.usb.m.mimecastprotect.com\/s\/ynlsCk6W1LfEJ2kHVhNIGdV6V?domain=x.com\" target=\"_blank\" rel=\"noreferrer noopener\">X<\/a>, and <a href=\"https:\/\/url.usb.m.mimecastprotect.com\/s\/gIVgCl8W1gUrYR1uyikIz1Zf7?domain=youtube.com\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a>, or visit <a href=\"https:\/\/url.usb.m.mimecastprotect.com\/s\/sXA1CnGW1kUER9XHmt9IJqDvn?domain=toolsgroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.toolsgroup.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With this partnership, retailers can unlock the potential of AI-driven inventory placement without a costly implementation.<\/p>\n","protected":false},"author":46,"featured_media":47604,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_searchwp_excluded":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[3494,4010],"tags":[],"class_list":["post-116197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coverage","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>enVista and ToolsGroup Launch RebalanceAI as a Service<\/title>\n<meta name=\"description\" content=\"RebalanceAI as a Service enables retailers to optimise inventory placement across their network, boosting profitability\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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