We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » COPAN and ToolsGroup team up to Fight COVID-19 with AI-driven supply chain
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

COPAN and ToolsGroup team up to Fight COVID-19 with AI-driven supply chain

COPAN and ToolsGroup team up to Fight COVID-19 with AI-driven supply chain
July 21, 2020
No Comments

ToolsGroup, a global leader in supply chain planning software, and COPAN Group, the world leader in the production of pre-analytics and bacteriology swabs, viral transport media, and systems for molecular biology, announced today a joint initiative to fight the COVID-19 pandemic.COPAN will implement ToolsGroup’s machine learning-augmented supply chain planning software to guarantee the availability of critical products like specimen collection devices. ToolsGroup will contribute a significant portion of the revenues from this project to the purchase of swabs, to be donated to regions with the most critical needs.The COVID-19 outbreak sent requests for viral sample collection kits surging, challenging COPAN with unprecedented demand spikes and variability. COPAN needed to optimize the end-to-end supply chain to meet demand from national and international markets and plan its production capacity growth.ToolsGroup Service Optimizer 99+ (SO99+) supply chain planning software allows companies to capture unprecedented demand shifts, instantly correct stock imbalances and optimize inventory and service levels in every link of the supply chain. Machine learning automation will enable COPAN to monitor the influence of external causal factors and automatically and continuously fine-tune short-term forecasts to react quickly to demand shifts.“In this global pandemic, we are working tirelessly to provide the specimen collection kits, in Italy and wherever they are needed,” said Stefania Triva, president of the COPAN Group. “Guaranteeing our products’ availability in this crisis is a high priority: we chose ToolsGroup’s advanced planning technology to help us anticipate and meet future demand.”“With a crisis like COVID-19, planning for the usual is impossible,” added Joseph Shamir, CEO of ToolsGroup. “ToolsGroup is focused on helping companies be ready for anything--even the drastic demand shifts of a pandemic. We’re proud to partner with COPAN to fight the spread of COVID-19, and to donate a significant part of the revenue from this joint project to the purchase of COPAN swabs to arrest a further diffusion of the virus in the hardest-hit areas."

https://www.toolsgroup.com/
Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
Inventory Manufacturing Technology
KEYWORDS Round Earth Consulting
  • Related Articles

    Melitta Builds More Efficient, Demand-Driven Supply Chain with ToolsGroup

    COVID-19 shakes up the protein supply chain

    Companies step up efforts to supply PPE for Covid-19 pandemic

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • How to resolve your inventory dilemma

  • Container prices continue to drop

  • Regionalized supply chains: the key to resilience

  • Warehouse vacancy rates sink to 27-year low

  • Empty shipping containers stack up at U.S. port depots

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • Case Study: Peak Teams helps boost headcount quickly on a short-term project

  • Breaking Bad: Conducting Full Truckload RFPs in the Age of Digital Freight Procurement

  • Omnitracs One – Last Mile Solutions

  • The enterprise shipper's guide to building a smarter truckload RFP

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing