Search Results for: supply chain
Profit Point is in business to provide superior consulting services to assist business managers to make hard and potentially time-consuming decisions. We do this by making data and the information that this data conveys available and easy to interpret and understand. This requires both the technical excellence to configure and implement database and modeling tools, …
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It wasn’t too long ago that outside of work, many of us were met with puzzlement when we mentioned the supply chain. For better or worse, we rarely have to explain ourselves anymore: The past few challenging years have provided almost everybody with some degree of understanding of the difference that good, flexible, reactive supply …
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We’ve been at supply chain network design for a long time – 26 years – and in all that time, one thing we’ve never seen is things getting simpler for the supply chain modeler. Even as the tools have improved for taking into account production scheduling, production planning, demand planning, supply planning, distribution planning, and …
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What does analytics mean? To you, that is. According to Google Trends, the popularity of “analytics” as a topic peaked sometime between December 2011 and April 2012. Is “analytics” just a buzzword for business reporting? Or, perhaps, we’ve forgotten the purpose of analytics: to make informed decisions faster and more accurately. In April 2022, Profit …
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By applying our unique “process of understanding”, Profit Point has used many Supply Chain Network Design (SCND) software tools to deliver exceptional value in strategic and tactical network planning. Our methods extend beyond the simple use of technology to model and design complex supply chains. In this article, we examine four of the most overlooked …
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In June of 2018, I wrote a blog explaining what Supply Chain was What is Supply Chain? • Profit Point (profitpt.com). Thanks to the COVID-19 pandemic, I thought that I would never have to explain what a supply chain was again. The Personal Protective Equipment (PPE), toilet paper, chips and vaccine shortages and distributions issues …
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What we hoped would be a short-term disruption in 2020 has become the new long-term reality. The world we live in is far less predictable. Supply chains are under pressure. As we have seen, disruptions can happen anywhere in our supply chains due to port congestion, warehouse staff shortages, weather-related shutdowns, or raw material uncertainty. …
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What is Seasonal Demand? During the holidays, when we’re continuously flooded with the next themed decor, or Starbucks Coffee drink, or seasonal dinner dish, I’m constantly reminded that these goods are purposefully designed to be consumed at a particular time of year. To get these goods to consumers, including myself, supply chain professionals have worked …
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Supply chain network design is a necessary regular activity for any company who views competitive strategy in supply chains as an important pillar of their business. This is even more true when supply chain leaders are looking to make a decision that may change the course of their business forever. As my colleague, Jim Piermarini, …
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2021 has been a difficult year for supply chains around the world. A continuing global pandemic, labor shortages, skyrocketing commodity costs, unprecedented raw material shortages and supply chain delays continue to plague companies that need to transport goods. Ports around the world are now struggling with congestion, and there is no relief in sight. Why …
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As a technologist, I’ve always been interested in the behind-the-scenes workings that make our programs do what we want them to. How does Siri know when to listen to us and how to respond? How is Waze able to give us traffic tips on the fly? The answer lays in smart programming, which is often …
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Supply chain network design is all about creating a model of your existing supply chain network and then adding in alternative possibilities to evaluate them analytically. This gives business leaders a relatively easy, fact-based way to look at how effective their current supply chain is and compare alternative configurations. When done effectively, smart supply chain …
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