Company Market Research Report: Toolio

Company Overview

Name: Toolio

Mission of the Company

Toolio's mission is to help retailers navigate the complex, competitive, and ever-changing retail landscape so they can deliver what their customers want, when and where they want it.

Founding Information

• Founded By: Eytan Daniyalzade and Berk Atikoglu

• Founded Year: No information is available

Key People

• Eytan Daniyalzade: Co-founder

• Berk Atikoglu: Co-founder

Headquarters

• Location: 44 Court St #1217 #1019 Brooklyn, NY 11201, USA

Number of Employees

No information is available

Revenue

No information is available

Recognition

Toolio is known for its cloud-based merchandising platform that automates critical workflows, provides real-time insights, and enables remote collaboration. The platform empowers retailers to make data-driven decisions about inventory, their most important asset.

Products & Services

Toolio offers a suite of software products focused on various aspects of retail planning and execution:

1. Merchandise Planning

• Description: Views, understands, and manages your merchandise financial plan and open-to-buy in one place.

• Key Features:

• Centralized plan and actuals data

• Auto-actualization

• Locking and spreading

• Personalized layouts

• Custom metrics and attributes

• Dynamic hierarchy and aggregation

• Scenario playing

• Plan snapshots

• Plan seeding

2. Assortment Planning

• Description: Develops home-run products you’re missing with data-driven insights and visual line sheets.

• Key Features:

• Rationalization (top-down/bottom-up reconciliation)

• Core replenishment (forecasting engine and promo planning)

• Purchase order manager (receipt consolidation and management)

• Reporting (snapshots and advanced analysis)

• Seasonal line planning

• PLM Integration

• Gallery view

3. Allocation

• Description: Automates transfer orders generation to have your inventory at the right place, at the right time.

• Key Features:

• Accurate store-level demand forecasts

• Intelligent transfer order suggestions

• Optimized inventory deployment

• End-to-end planning

• Turn-key integrations

• Store manager view

• Automated store clusters

• Store capacity constraints

• Minimum display quantities

Integration Capabilities

Toolio is designed to integrate seamlessly with the existing technology stack of its users, including:

• E-commerce platforms

• ERP and inventory management systems

• Business intelligence and data warehouse tools

Recent Developments

Product Updates & New Features

Toolio regularly updates its platform and has launched multiple new features and improvements over recent months:

• August 9, 2024:

• Metric Rule Sets and Distinct Count Metrics

• Pricing Table Integration for New AP

• Comp Store Planning in MP

• Planned Sell Through

• Launch Curve

• May 24, 2024:

• PLM Choices and Choice Count Multiplier

• Allocation Defaults

• NS PO Exporter

• April 5, 2024:

• Product Hierarchy and Selling Locations

• Automated Clusters and Rationalization

• March 8, 2024:

• Dashboards

• New Location Planning

• Return Profiles

• SFTP Exports

Partnerships

Toolio has partnered with various consulting and system integration companies to ensure the long-term success of their clients. Some of the trusted partners include:

• Business Chain

• Parker Avery Group

• Columbus Consulting

• RSM

• RetSci

Recognitions and Achievements

• November 29, 2023: Featured in The Lead 100, recognizing top companies in retail technology.

• November 17, 2022: Achieved SOC 2 Type II Data Security Certification.

Conclusion

Toolio's robust and innovative cloud-based merchandising platform empowers retailers to streamline their operations, optimize inventory management, and make data-driven decisions. With its strong focus on customer satisfaction and continuous product evolution, Toolio is well-positioned to help retailers thrive in today’s competitive market landscape.