Tag Archives: Operations Research

Technology Books are so yesterday…

New technologies spring up each year, seemingly every day. There are new programming languages, frameworks, and processes. There are new personal productivity gadgets and apps. There are new internet connectivity method (routers, access points, bridges, cable modems, etc). It can all be pretty daunting if you think you need to stay ahead of all this …
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The Future of Supply Chain Network Design

Profit Point’s recent article in Industry Today, “The Future of Supply Chain Network Design,” describes how to fully leverage the new advances in a traditional supply chain optimization process to include not only your internal supply chain, but the supply chains of your competitors, as well. Supply chain network design optimization tools have become well …
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Defining Your Bill of Materials Correctly is a Key to Successful Supply Chain Analysis

At Profit Point network design analysis, answering such questions as • how many facilities a business needs, • how large they should be and where they should be located, and • how they should change over time, etc. is one of our specialties. We have performed this type of analysis for a range of companies …
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A New Tool for Evaluating Water Risk in Supply Chain Planning

In developing a supply chain network design there are many criteria to consider – including such factors as the impact of the facility choices on • Cost of running the system, • current and future customer service, • ability to respond to changes in the market, and • risk of costly intangible events in the …
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Insourcing or Outsourcing Your Supply Chain Optimization?

Recently I had the opportunity to speak to an operations management class for MBA students in the Goizueta Business School at Emory University.  The class is intended to give the students an introduction to a variety of problems that they might encounter during their careers, and to management science techniques that might be applied to …
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Automated Application Testing and Sensitivity Analysis

In the recent weeks, I have been thinking about testing our applications, like our popular Profit Network, or Profit Vehicle Planner.  When we test, we run data sets that are designed to stress the system in different ways, to ensure that all the important paths through the code are working properly.  When we test, our …
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Supply Chain Survey 2013: Gaining Competitive Advantage

Supply Chain Survey 2013: Gaining Competitive Advantage If you’re reading our blog, you are probably someone who is deeply interested in supply chain improvement. So we’d like to invite you to participate in this brief survey. And in return, we will send you exclusive, early access to the results of the survey along with our …
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No Doubt a better process for testing an application

Building applications, especially custom ones, carries with it the burden of answering the question: Does this do what the customer wants? With complicated systems with many interacting features and business rules, answering this question can be daunting. In fact, evaluating the answer can be daunting too, from the perspective of the customer. Having the sales …
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Supply Chain Smooth Sailing (Scheduling)

In a recent sailing trip to Croatia, we lost our sailboat.   Sounds outrageous, but it really wasn’t difficult at all.  It was early evening when we anchored in the harbor and took our dinghy to shore for dinner.  A few hours later, seeing the wind pick up, we returned to the spot where we thought …
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Making Sound Business Decisions in the Face of Complexity

The summer issue of Manufacturing Today includes an article authored by Ted Schaefer and Alan Kosansky entitled Face Complexity – Making Sound Business Decisions. “With every passing year, the amount and variety of information available to make business decisions continues its exponential growth. As a result, business leaders have an opportunity to exploit the possibilities inherent …
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Leveraging Value in the Executive Suite

This month’s issue of Supply Chain Solutions magazine features an article by Dr. Alan Kosansky and Dr. Joe Litko entitled Leverage Value. “Executive-level business decisions include a broad range of interconnected variables leading to an extensive array of options. In the supply chain arena, this often plays out as a tradoff between operating costs, working …
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