The biggest challenge organizations face is retaining expertise and organizational knowledge. This may be hard to fathom, but in the 29 years I have been helping supply chain and business organizations make better decisions, it is surprising how often the groups re-visit the same decisions over again. Key roles are turning over more quickly, and …
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Tag Archives: Business Process
Our Idea of fun is making supply chain heroes. It’s why Fortune 500 companies trust us to solve their biggest problems. Listen to John Cutler, Ted Schafer, and Dr. Alan Kosansky discuss our approach to listening to our clients.
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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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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I just finished a book on the swirling times we are in, called Thank you for Being Late by Thomas L. Friedman. In it Mr. Friedman pauses to reflect on the forces currently reshaping our world. With the tumultuous, confusing, threatening, forces of advances in technology, (due to Moore’s Law), Globalization of the Market, and Climate …
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In this case study, our client wanted to optimize the supply chain from the purchase of raw milk from the farms through to the delivery of finished goods to its retail customers. We engaged with the customer in a two-phased project to first optimize the raw milk procurement/manufacturing footprint and then to determine the optimal national distribution network for the future.
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Here at Profit Point, we typically put in a fair amount of effort up front to scope out a project together with our client. This typically helps us and our client to set appropriate expectations and develop mutually agreeable deliverables. These are key to project success. But another key element to project success is …
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We just finished the fall soccer season in my home. I was thinking about watching my children play soccer when they were younger after a conversation with one of our consultants. He had just come back from visiting a prospective client where he was doing an assessment of their supply chain work processes and systems. …
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This month, Supply Chain Management Review is featuring a 3-part series by Dr. Alan Kosansky and Michael Taus of Profit Point entitled Managing for Catastrophes: Building a Resilient Supply Chain. In this article we discuss the five key elements to building a resilient supply chain and the steps you can take today to improve your …
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In the recent weeks, I have been thinking about testing our applications, like our popular Profit Network, or Profit Vehicle Planner. When we test, we run data sets that are designed to stress the system in different ways, to ensure that all the important paths through the code are working properly. When we test, our …
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The economy has been slow to recover after the Great Recession of 2008, however, many economists believe that 2014 and 2015 will be strong years for the US and Global economies. How accurate will your forecasting model be in projecting the supply needed from your business? Since forecasting models typically use two to three years …
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One of the pleasures of working at Profit Point is having the occasion to reflect on and write a blog about a subject that is of interest to me. Taking time to reflect on what is important, especially now around Thanksgiving and the holiday season has rewards of its own, but especially with regards to …
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