A few years ago, I wrote about the pros and cons of data sharding and data partitioning based on real-world examples. But it recently occurred to me that many may still be unsure when to use database sharding techniques and the expected benefits. The below article addresses three key questions to ask before you begin …
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We recently recorded Karen Bird, our Head of Global Supply Chain Practice and Chief Marketing Officer, on supply chain technology integration best practices. One of our favorite moments during the interview was when we threw her a curve ball, prompting her to answer an unrehearsed question. It paid off – big time. Her answer touched …
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Supply chain network optimization and design initiatives require trading off many aspects of the supply chain: manufacturing, transportation, warehousing and distribution, inventory and customer service. Organizations need to make sense of internal and external data, collect input, reach alignment and coordinate a realistic but impactful roll out. It is a lot of work, and most …
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Modern technology has accelerated the rate of change in our world and allowed us to operate more effectively and with lower costs. Along with this rapid change, manufacturing network optimization becomes even more nuanced and more essential. Retooling production networks to strike a new balance between cost optimization, remaining competitive and increasing resilience where it …
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As 2020 draws to a close, so too do we complete our 25th year as Profit Point Inc. For many, 2020 has brought unique challenges and opportunities. For our team, the year has been a continuation of many of the tried-and-true practices we have established and implemented over the past quarter of a century. We …
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A few years ago, one of our largest clients asked us to help them implement an ERP system supply chain integration. The main goal of the project was to achieve seamless integration between their enterprise resource planning, supply chain planning and scheduling applications – i.e. create one global solution on a single platform – one …
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Retail demand planning is a key aspect of supply chain optimization. Understanding and predicting how much stock to have on-hand to appease consumer demand at any given time helps dictate the retailer’s manufacturing and shipping needs. Not surprisingly, consumer demand can change rapidly based on environmental, economic and geo-political influences. A couple years ago, I …
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Whether we’re in a global pandemic or not, one constant remains: our need to eat. The companies that bring consumer goods to market – like our local grocery stores and chain restaurants – rely on the sustainability of their supply chains to make their goods available as efficiently as possible and to remain profitable while …
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It’s amazing what you can accomplish if you pause and listen to the needs of others. For me, listening is the key factor in delivering the best possible solution for a customer and understanding what they’re actually asking me for, rather than just giving them what I think they want or what I think is …
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For the 25 years of our existence at Profit Point we have helped organizations capture value through the use of optimization. Moving companies from spreadsheets to detailed scheduling solutions is one of the ways we have accomplished that. As we were finalizing a deployment for one of our clients, they proclaimed that their scheduling system …
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The COVID-19 pandemic has shown the frailties in our supply chains. If we would like to keep our supply chains from being paralyzed by a global health crisis in the future, perhaps we can learn something from our colleagues in Environmental Health & Safety. Because the EH&S departments of manufacturing companies perform assessments periodically to …
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It is great to see progress in a relatively short amount of time. When I joined Profit Point in 2014, one of our key customers was scheduling their plants with AspenTech SCM, which is one of the most customizable scheduling tools, As we typically do, we complemented that flexibility with some of our own expertise; …
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