Manufacturing assets are critical hubs in a value chain. For process manufacturers, the production assets network structure determines by far the lion’s share of the value chain costs. The biggest cost optimization savings opportunities are available when you are assessing or re-designing the network you have in place. Once manufacturers have established a network and …
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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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10 Questions for Mark How long have you been at Profit Point and why did you choose to work here? I filled this role as an independent contractor until 2015, when Profit Point convinced me to join the team full-time as a supply chain expert. I did not need a lot of convincing, because I …
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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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What is the best inventory strategy to manage the risk of a supply interruption? Will the COVID-19 pandemic change our minds about the wisdom of continually driving down inventory targets to reduce working capital costs, especially during the last quarter of the fiscal year? During the hurricane season of 2005 that included Katrina, chemical …
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Unsung, everyday heroes In late March, the Governor of the State of Michigan issued execute order 2020-21 a stay at home directive intended to ensure social distancing, slow the advancing spread of the Corona virus and promote public health and safety. Prior to the order, restaurants and bars were limited to carry-out only, schools and …
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Our normal mode of operation here at Profit Point is to work virtually from our homes. We travel to client sites as needed and get the Profit Point team together face to face several times a year. Our last face to face meeting was in December 2019. This seems like forever and a day ago, …
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I have worked in the manufacturing supply chain information technology (IT) field for more years than I care to admit. A sleepy-eyed dinosaur stares back at me from the bathroom mirror each morning. Over the course of my career, more than a few trends have emerged. Many of them, perhaps most of them, have turned …
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In just a short time, the year 2020 has introduced the average person to phrases unheard only three months ago – social distancing, N95 masks, PPE, and Global Supply Chain. As the COVID-19 virus spread around the world, countries went under lockdown as they tried to “bend the curve” on the spread of the virus. …
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I’m a supply chain lifer. I started in manufacturing, but early in my career made the transition to supply chain and never looked back. It was never easy to explain to others what I did though. I would say, “all the stuff between manufacturing and sales.” Still, I don’t think they really understood the complexity …
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10 Questions for Eric 1. How long have you been at Profit Point and why did you choose to work here? I Started at Profit Point on March 1st of this year. 2. Where do you live and why did you choose that place? South Carolina… My first job out of college brought me to …
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With a lot of the world moving to working from home we thought we would take this time to share some tips from the Profit Point team. For the past 25 years, since our founding, Profit Point has always had a remote work from home culture. We narrowed our list down to the top 8 …
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