Search Results for: supply chain

Capacity Planning Strategies: Analytics is Your Best Ally in an Unpredictable Supply Chain Environment

  Imagining an agile supply chain can be a little like trying to picture a nimble ocean freighter: In an environment where strategies and network changes are measured in years, the idea of responding quickly and effectively to changing conditions is difficult to envision. With the right team, tools, and expertise, though, Capacity Planning strategies …
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Have Supply Chains Learned the Lessons of the Bullwhip Effect?

There’s a classic scene in “Jurassic Park” where Jeff Goldblum’s character discusses chaos theory with the paleobotanist played by Laura Dern, and he uses a quick water drop experiment to explain the consequences of unpredictability in complex systems. You’ve no doubt heard of what’s kind of the supply chain’s version of this phenomenon: “The Bullwhip …
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Senior Supply Chain Consultant

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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4 Thoughts on Maximizing ROI of Supply Chain Analytics

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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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FOUR OVERLOOKED OPPORTUNITIES IN SUPPLY CHAIN NETWORK DESIGN

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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Supply Chain Trends: Our 2021 Recap and 2022 Predictions

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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Effects of Highly Seasonal Demand on a Supply Chain

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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Lessons Learned: Competitive Strategy in Supply Chain Network Design

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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