I recently went to a talk on Reinforcement Learning (RL) in my local .Net development group. I found the topic fascinating. For those not familiar with Reinforcement learning; it is a type of unsupervised machine learning where the algorithm uses real-world feedback over time to learn what to do. Instead of providing a set of …
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Many companies don’t yet optimize their Total Delivered Cost (TDC) in their Supply Chain. Total Delivered Cost is the real measure of how much money it takes for a company to manufacture and deliver a product. TDC gives you more accurate information than COGS, by giving you more details, and is based on the actual flow …
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Over the years as a developer, I’ve written code in many languages and many environments. Currently, my preference (and most of my work) is all in Visual Studios and C#. I like the rich feature set of Visual Studios and find C# concise, easy to read and write and versatile enough to let me control …
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There’s no doubt that the Sales and Marketing side of a business can often seem like the ‘sexy’ side of the operation. Just picture a new car showroom with all of those shiny, glitzy vehicles just waiting for a test drive. But the supply chain that put those gleaming new cars in the showroom initially …
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The combination of Project Management and Teaching is how I got my start in Supply Chain. I had project management experience from my engineering career where I was designing, building, starting up and optimizing specialty chemical plants around the USA. In 2001, I was the Technical Manager for a plant in Charlotte, NC and I …
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The Business of improving a Supply Chain is a similar experience to digging a French drain. My 1730 New England farmhouse sits a bit downhill from my driveway, and when it rains hard, or for long periods, the water will follow the slope from this watershed and make its way into my cellar. I have …
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Do you need to use one of the big Supply Chain Management software packages to have a scalable solution that covers all your businesses and regions? Many of the larger software vendors insist that the answer is “Yes”. Their argument goes something like this: “Customized solutions may fit your business requirements and competitive advantage needs …
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Recently, I was reading the current issue of Cornell Engineering Magazine. In it, they had a profile of an alumnus named Howard Morgan. Mr. Morgan is a 1968 Ph.D. graduate of Cornell and a venture capitalist. You can read the article in Cornell Engineering Magazine here. One paragraph in particular struck me. It reads: “[Mr. …
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Profit Point uses proprietary mathematical optimization tools to model your supply chain and identify options that will drive improvement in key areas. We are the Supply Chain Network Optimization Experts.
According to a recent Wall Street Journal article, CFOs are cutting back on Excel Spreadsheets, because they have not kept up with the demands of contemporary corporate financial units. “The mood that prevails is that people are spending too much of their time importing and exporting and manipulating data. They want their employees to focus …
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Recently I was at an event where I knew the host and her family but not too many other people. As the guests introduced themselves to each other, the dreaded question came up. What do you do? I have come to dread this question. For the first part of my career, my answer was …
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Tardigrades, which are often called water bears, are nearly microscopic. Although they are usually water dwelling creatures, they can be found in Antarctic ice, ocean depths of 14,000 feet and in the Himalayas at a height of 20,000 ft. They can survive just about anywhere, including outer space. Fossils of tardigrades have been found in …
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