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Tag Archives: Supply Chain Optimization
I previously worked in the finance-tech industry, where the speed of getting a solution was often the most important thing. Now I work in the supply chain industry where the speed of finding a solution is important but not quite as important as getting the correct and best solution. While the technology we have today …
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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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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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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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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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Last weekend I met up with some DBA friends for lunch. Try as you might, the conversation always seems to return to talking shop and soon we were discussing the differences between data partitioning and sharding. There seems to always be a lot of conflicting opinions on this topic, so I felt it was worthy …
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Last summer we were having dinner with some friends. One of the people at the table worked for DineEquity, the parent company of Applebee’s. He proceeded to tell us about the current initiative to redo the cooking equipment in all Applebee restaurants with wood-fired grills. They were going to introduce wood fired steak, chicken, pork …
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How you get from the bottom to the top is often considered as important as getting to the top at all. To climb solo is risky business. Using supply chain network modeling software without assistance can also be risky. Before starting your next venture, ask Profit Point to collaborate with you and your team as …
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I recently read an e-book published last month by Llamasoft, a large supply chain network design software provider, suggesting that companies build their own internal supply chain design (SCND) competency (using the authors’ software, of course). Without a doubt SCND is critical to a well-functioning cost-efficient supply chain and is an integral part of the …
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Profit Point has helped large and small companies to squeeze more profit from their planning, tactical and operational processes with consulting services and technology tools customized from our suite of existing applications.
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