Did you miss Jim Piermarini talk at CSCMP about Logitech’s supply chain distribution methodology? For those that are interested, we are posting the slide deck here for your review. To download the complete presentation click the image below:
CSCMP’s Annual Global Conference is in full swing and a couple of our team members are on-site in San Diego.
Jim Piermarini will be speaking at the event tomorrow along with Michele Hermann, the VP of Global Operation Solutions for Logitech. Please stop by and hear Jim and Michele talk about our efforts to help Logitech improve its supply chain and inventory. You can find the full details below.
And, if you’d like to meet up with Jim at any other time during the conference, you can send us a note here.
Logitech: A Better Way to Assign Inventory to Backlog Orders
Tuesday, 9/28, 3:30 pm to 5:00 pm
- Learn techniques to control assignment of inventory to backlog orders.
- Gain an understanding of the challenges of replacing enterprise resource planning (ERP) functions with offline decision systems.
Michele Hermann, Vice President Global Operation Solutions, Logitech
Jim Piermanni, Chief Executive Officer, Profit Point, Inc.
This month’s issue of U.S. Business Review features a supply chain article entitled Balancing Act: Cost, inventory and service in a volatile economy. The article, which was co-authored by Profit Point’s CEO/CTO, Jim Piermarini, and the company’s Senior Account Manager, Cindy Engers, discusses solutions for preserving customer service levels, while reducing costs and inventory risks.
Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. With a history of fast-growing distribution channels and a product line that is frequently being updated, Logitech’s key supply chain challenges are similar to those of many other consumer electronics heavyweights. Its product life cycles are relatively short and consumer demand can be fickle. But when Logitech gained global, mass market status with customers ranging from Walmart and Best Buy to direct online sales, its supply chain challenges were compounded.
With mounting distribution challenges, Logitech engaged Profit Point to bridge the gap between their ERP and their real world need to compete. Click the link below to access the case study:
Profit Point, a leading supply chain optimization company, today announced the introduction of Profit Fulfillment, a robust and highly-configurable software tool to help business managers determine an optimal backorder fulfillment and product shipping schedule.
“Just-in-time manufacturing has seen significant growth in the past 15 years, but the challenge of balancing inventory, backlog and service levels persists,” noted Jim Piermarini, Profit Point’s Chief Technology Officer. “Our clients were looking for a solution to help analyze these trade-offs and after real-world testing, we have a cost-effective solution that enables business managers to improve their distribution processes immediately.”
Profit Fulfillment can improve any distribution channel, but it is particularly useful when there are backlog orders to multiple customers, and it is important to determine which customers should get their orders filled immediately and on time, and which customers should enter the backlog queue and for how long. Ensuring that order fulfillment and shipment scheduling departments are executing designated functions consistently with a company’s overall business objectives can have a significant impact on profitability and customer satisfaction.
“Our clients include high-demand, short-cycle product manufacturers as well as more traditional long-cycle manufacturers,” said Piermarini. “And with unpredictable economic conditions, it was essential that we design this application to be highly configurable.”
Profit Fulfillment enables distribution managers to optimize order fulfillment processes consistent with a company’s overall strategic business objectives. It allows decision makers to prioritize customers, implement complex allocation rules amongst customers, dynamically change the allocation rules by region or segment of customers and minimize total backlog days across all customers, or over specific customer segments. And, the application provides forward-looking visibility to quickly and easily view the impact of different allocation rules on customer order fulfillment.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company’s team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point’s has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Logitech, Rohm and Haas and Toyota.