Tag Archives: Supply Chain Improvement

Flexibility AND Standardization

Frequently when we work with clients to implement decision support tools for supply chain scheduling and planning, they often have some unique constraint that is essential to model and may be unique to their environment. Some recent examples we have encountered include the following: When producing a batch in a make to order environment, the …
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Data, Data, Data!

Here at Profit Point, we typically put in a fair amount of effort up front to scope out a project together with our client.  This typically helps us and our client to set appropriate expectations and develop mutually agreeable deliverables.  These are key to project success.  But another key element to project success is getting …
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Are You a Leader in Improving Your Business Results?

Profit Point has been helping companies apply mathematical techniques to improve their business decisions for 20 years now, and it is interesting to review some of the advances in technology that have occurred over this time that have most enabled us to help our clients, including: • The ability for companies to capture, store and …
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How successful organizational change is like a long, windy bike ride

Over the past week I’ve had two experiences that made me think about what’s required for a successful Organizational Change.  The first was our CSCMP Roundtable tour of a family-owned food distribution company that had built a large, successful regional business by leveraging their founder’s focus on customer satisfaction and valuing his employees as cornerstone …
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Improving Profitability using SKU Optimization

Are new products placing strain on your warehouse space and warehouse operations? Are increases in revenue from new products being offset by higher supply chain costs? Are you seeing increasing costs for the disposal of discontinued products? Are you experiencing significantly higher costs for specialty SKUs for specific channels or specific customers? If you answered …
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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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Are Your Work Processes and Systems Operating in Championship Form?

We just finished the fall soccer season in my home.  I was thinking about watching my children play soccer when they were younger after a conversation with one of our consultants.  He had just come back from visiting a prospective client where he was doing an assessment of their supply chain work processes and systems.  …
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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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The Perils of Using Excel to Manage the Supply Chain Process

Excel has many advocates as a system for the development and implementation of supply chain processes. At first glance, it is extremely attractive – a flexible application that many people know how to use. It is portable and the cost of ownership is negligible (http://logisticsviewpoints.com/2013/11/20/5-reasons-excel-champ-supply-chain-apps/). However, this ease of use and ubiquitousness comes at a …
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The Northern Sea Route – A New Link in the Global Supply Chain

Many of our activities at Profit Point are focused on helping clients in identifying and implementing changes that improve the efficiency of existing supply chain networks, ranging from planning to operations and scheduling.  In the short term we are usually trying to find ways to use existing capabilities more effectively, but as you look out …
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Managing for Catastrophes: Building a Resilient Supply Chain

Supply Cain Management Review
This month, Supply Chain Management Review is featuring a 3-part series by Dr. Alan Kosansky and Michael Taus of Profit Point entitled Managing for Catastrophes: Building a Resilient Supply Chain. In this article we discuss the five key elements to building a resilient supply chain and the steps you can take today to improve your …
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