Identifying Which Customers Not to Serve!
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Tag Archives: Supply Chain Software
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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There are many production scheduling tools available commercially. Some are more tailored to specific environments (such as a specific type of manufacturing) while others are applicable to a wide range of applications. When we talk about Advanced Production Scheduling Tools, there are certain characteristics that we have in mind including the following: 1) Both materials …
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For decades, companies have tried and failed at supply chain software implementation that meet tangible business objectives. Supply chain software must be implemented in an iterative approach to deliver the right value to your processes, schedule, and bottom line. Profit Point’s white paper on Agile Supply Chain Software Implementation details: • Why traditional supply chain …
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Frequently when we work with clients to implement decision support tools for supply chain scheduling and planning, they often have some unique constraint that is essential to model and may be unique to their environment. Some recent examples we have encountered include the following: When producing a batch in a make to order environment, the …
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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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Idempotency – a key to better code Recently I found a term that intrigued me. Idempotency. From the web I saw this definition that I liked: In computing, an idempotent operation is one that has no additional effect if it is called more than once with the same input parameters. Much of my computing experience …
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New technologies spring up each year, seemingly every day. There are new programming languages, frameworks, and processes. There are new personal productivity gadgets and apps. There are new internet connectivity method (routers, access points, bridges, cable modems, etc). It can all be pretty daunting if you think you need to stay ahead of all this …
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At Profit Point network design analysis, answering such questions as • how many facilities a business needs, • how large they should be and where they should be located, and • how they should change over time, etc. is one of our specialties. We have performed this type of analysis for a range of companies …
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Profit Point is helping several large chemical manufacturers upgrade their many Aspen SCM scheduling models with a goal to achieving long term support-ability in the new Aspen architecture of ver 8.5. An Aspen SCM (MIMI) Upgrade is no small undertaking, but we have been helping people manage, support, and enhance their scheduling models for over 20 …
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Recently I had the opportunity to speak to an operations management class for MBA students in the Goizueta Business School at Emory University. The class is intended to give the students an introduction to a variety of problems that they might encounter during their careers, and to management science techniques that might be applied to …
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