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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Times are changing – and so are supply chains and the manufacturing scheduling software that helps keep them humming. Manufacturers, warehouses, retailers, distribution centers, and transportation providers are re-examining the way they approach business. The challenge is clear: to combat supply chain disruptions, implement new omnichannel fulfillment strategies, and help expand new markets and emerging …
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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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At Profit Point, we value diversity. Diversity at Profit Point enables us to approach problem solving from multiple perspectives to generate multi-dimensional and robust solutions. It supports us in understanding the wide range of stakeholders in our client’s organizations with whom we interact on a daily basis. And it makes the work we do more …
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The Covid-19 pandemic outbreak placed many corporate sectors under unprecedented pressure. Global supply chains were heavily impacted with the sudden disruption of their operations and workers staying off-premise. Supply chain planners, more than ever, are now searching for ways to leverage their people, processes, and modern technologies to reduce disruptions caused by unexpected supply and demand …
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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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It has been said that proper preparation prevents poor performance. With so much threatening supply chain performance in today’s environment, preparation has never been more critical – especially when it comes to implementing a new production scheduling system. Successfully implementing a new production scheduling system can have great benefits for your company, like helping you …
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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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Network design analysis and decisions are often taken in isolation, overlooking the impact of competition’s potential reaction to the renewed strategy. These inward-looking approaches could end up to be extremely costly! This case study examines the need to factor the reactions of key competitors into your supply chain network design decisions. Through an inclusive approach …
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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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Recent Posts
- 4 Thoughts on Maximizing ROI of Supply Chain Analytics
- Manufacturing Scheduling Software: From AspenTech MIMI to AspenTech SCM and Beyond
- FOUR OVERLOOKED OPPORTUNITIES IN SUPPLY CHAIN NETWORK DESIGN
- Break the Bias: Profit Point Celebrates Women’s Day 2022
- Production Capacity Plan Refresh: Be Prepared for the Next Big Disruption
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