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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All posts by Gene Ramsay
One of our main activities at Profit Point is to help companies and organizations to plan better, to make informed decisions that lead to improvements such as more efficient use of resources, lower cost, higher profit and reduced risk. Frequently we use computer models to compare the projected results for multiple alternative futures, so that …
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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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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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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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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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Great strides have been made in transportation infrastructure in the last 150 years; such feats as the construction of the Suez and Panama Canals, and the development of long-distance railroad and highway networks, have reduced cost and fostered trade for the world as a whole. And more changes are coming on line today, or are …
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When we help our clients improve their supply chains the first step in the process is usually to identify what problem they need to solve, or what questions they are trying to answer. Examples of such questions might be What will be the impact of several possible capital investments in our distribution system? A major …
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