Ted Schaefer Named a "Pro to Know" by Supply & Demand Chain Executive Magazine
Profit Point's Director of Supply Chain Services Recognized as a Thought-Leader within the Supply Chain Industry
North Brookfield, MA (PRWEB) February 24, 2010
"This year's Provider Pros to Know have shown themselves to be thought-leaders in the Supply Chain industry," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Highlighting the learnings that the Provider Pros to Know have taken out of the Great Recession provides our readers with a wealth of best practices that they can apply in their own supply chains, as well as insights into how leading organizations are positioning themselves for competitive advantage in the Great Recovery ahead."
The Supply & Demand Chain Executive Provider Pros to Know is a listing of individuals from a software firm or service provider, consultancy, or analyst or research firm who have personally helped clients address the challenges of the recession and prepare for the recovery ahead.
"It is an honor to be recognized by Supply & Demand Chain Executive as a Pro to Know," said Schaefer. "However, this award represents a company-wide effort, which includes a team of experienced and pragmatic consultants, as well as a technology development group that builds practical tools to solve complex supply chain problems. In the end, our reward comes from helping our client become the hero within their organization's supply chain."
Profit Point's supply chain optimization services provide clients with clear, actionable guidance that accounts for the many what-if scenarios facing their businesses in these uncertain economic times. By optimizing the supply chain network design, Profit Point's clients are able to recoup millions of dollars in annual operating costs.
To learn more about Profit Point's supply chain consultants, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including Rohm and Haas, Dole Foods, Logitech and Toyota.
About Supply & Demand Chain Executive:
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
Labels: Awards, Press Releases, Ted Schaefer
Thursday, February 04, 2010
Profit Point's Upgraded Supply Chain Design Software Improves Decisions in Capital Planning, Facilities Planning and Sustainability Initiatives
Profit Network 4.5 enhances visibility for decision makers and extends modeling capabilities to handle the world's largest supply chains.
North Brookfield, MA (PRWEB) February 4, 2010 -- Profit Point, a leading Supply Chain Optimization company, today announced the introduction of Profit Network 4.5, a major upgrade to their award-winning supply chain network design and modeling software. The software update includes a combination of new features and technical enhancements which combine to support richer scenario testing for larger supply chains over a longer time periods.
"With almost 10 years in the field, Profit Network has been put to the test against some of the world's largest supply chains," noted Jim Piermarini, Profit Point's Chief Technology Officer. "But best practices have expanded over time, so decision makers are looking for more integrated and comprehensive modeling solutions."
Profit Network 4.5, which is used by many Global 2000 companies to model supply chain plans, has been enhanced to integrate better capital planning, greater control over facilities decisions and improve tracking and modeling of sustainability initiatives. The modeling software now includes improved options for integrated capital spending, facilities decisions, natural resource planning and emissions mitigation.
"Ultimately, the number one priority for our customers remains capital planning and return on investments" said Piermarini. "A company's infrastructure plan will dictate 80% or more of future costs. So, we added several features that help analysts understand the capital impact of decisions to control costs and maximize the long-term logistics benefits."
The software update also includes several technical enhancements to improve planning for the largest supply chains, over longer periods of time. "We've added a new core optimization process into Profit Network 4.5," stated Piermarini. "Customers will now have 50% more addressable memory capacity, which will yield deeper visibility in to larger networks and the long term tradeoffs that are being modeled.
To learn more about Profit Network and Profit Point's supply chain software, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including Dow, The Coca-Cola Company, General Electric, Logitech, Sealed Air, Bridgestone and Toyota.
Labels: Green Network, Green Optimization, Infrastructure Planning, Jim Piermarini, Network Design, Press Releases, Profit Network
Tuesday, December 15, 2009
Profit Point Named to the Food Logistics 100
For the sixth year in a row, Food Logistics has identified the top 100 technology and solution providers to the food industry. Known as the FL100, this resource is a listing of software, hardware and IT service providers that focus on the unique technology needs of the food distribution industry. Grocery and foodservice manufacturers and distributors are turning to these solution providers to help them reach their business goals. The FL100 are based on their proven track record and expertise in the industry.
See the complete list of FL100 companies.
Labels: Awards, Food Logistics, Press Releases, Supply Chain Technology
Tuesday, August 04, 2009
Frontline Systems Partners with Profit Point to Deliver Superior Analytics Using Microsoft Office
Profit Point's optimization expertise will be available to users of Excel Solver and other leading Frontline products.
North Brookfield, MA (PRWEB) August 4, 2009
Working to deliver state-of-the-art analytics to Microsoft Office users around the world, Profit Point and Frontline today announced a partnership to bring Profit Point's optimization consulting expertise to the large community of Solver users. Frontline Systems is the worldwide leader in spreadsheet solvers with more than 500 million copies of Solver distributed to users, in every copy of Microsoft Office sold since 1990. Profit Point is a leading supply chain and business optimization consultancy with deep expertise across a range of optimization technologies.
"We are excited to further extend our reach into supply chain business processes and applications," stated Dan Fylstra, Frontline's founder and CEO. "Profit Point's consultants can deliver expertise to our customers in several key areas, including model design, application development and deployment, and integration of our advanced technologies into sophisticated supply chain business processes."
Frontline, which was the original developer of the solvers/optimizers in Microsoft Excel, Lotus 1-2-3 and Quattro Pro, has now moved far beyond competitive offerings, to deliver the first and only commercial software that can solve the full range of optimization models with uncertainty, using the new methods of robust optimization, as well as classical stochastic programming and simulation optimization methods. The company is also a technology leader in the emerging fields of convex, conic, and global optimization.
"Frontline provides a rich array of leading technology solutions that integrate optimization and simulation," noted Alan Kosansky, Profit Point's President. "The breadth of their installed user base enables us to provide clients the right technology to improve the difficult decisions they need to make to continue to improve profitability in challenging times."
Profit Point, which has supported Solver users for years, has deep expertise and experience in using Solver and the associated optimization techniques to implement practical business solutions. Although specializing in supply chain optimization, the firm's experience covers a broad range of business problems including planning, scheduling, routing, risk management and financial optimization.
To learn more about Profit Point's Excel Solver services, visit www.profitpt.com/solver or call us at (866) 347-1130.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Logitech, Rohm and Haas and Toyota.
About Frontline Systems:
Frontline Systems is the worldwide leader in spreadsheet Solvers -- advanced software used for optimization and simulation of business and engineering models in Excel. Frontline developed the solvers/optimizers in Microsoft Excel, Lotus 1-2-3 and Quattro Pro. Over 500 million copies of Frontline's Solvers for optimization have been distributed to users, in every copy of Microsoft Office sold since 1990, and Frontline's Excel Solver upgrade products, sold directly to advanced users, are by far the market leaders in their field.
Labels: Excel Solver, Frontline, Press Releases, Solver Optimization
Sunday, June 14, 2009
Transportation Procurement and Carrier Bid Optimization Service to Help Manufacturers and Distributors Cut Costs
Profit Point's transportation procurement optimization service reduces outsourcing costs by quickly analyzing multiple carrier bids and provides insightful data for decision makers
Profit Point, a leading Supply Chain Optimization company, today announced the introduction of Transportation Procurement, an optimization service that will cut costs for manufacturers and distributors that outsource some or all of their shipping to third-party carriers. The service provides transportation analysts and procurement managers unsurpassed ability to quickly analyze carrier bids and evaluate the best combination of carrier discounts, enabling them to negotiate rates to ship at the lowest total cost.
"Our clients are looking for new ways to reduce costs and gain productivity in every aspect of their business." said Alan Kosansky, Profit Point's President. "With the constant fluctuations in the transportation market, this service enables clients to manage their core carrier base and make effective decisions quickly, negotiating with carriers from a position of strength."
The company's optimization service and technology provide the analytical horsepower to the transportation or procurement professional to quickly evaluate different mixes of carriers and lane assignments, making trade-offs among both quantitative and qualitative business goals. The service’s richness and flexibility enables clients to dictate constraints to enforce site-specific, regional or global limits on the number and types of carriers that are included in the awarded lanes.
"We have deployed carrier bid optimization software to our clients in the past; however we have found that many of our clients prefer to leverage our deep analytical expertise. By partnering the client’s negotiating team with the analytical insights we provide them, they are able to reach the best possible outcomes in their negotiations with carriers," said Kosansky. "And when our clients are ready to bring the analysis in house, we readily provide our Profit Procurement for Transportation software."
Most large manufacturers have hundreds of carriers and thousands of lane options available to ship products from their manufacturing and distribution centers to their customers. The firm's procurement optimization service addresses all inbound and outbound transportation routes, including rail, truck (bulk, packaged, and LTL), and marine bids, and simplifies the selection process while lowering the overall transportation costs.
To learn more about Profit Point's transportation procurement optimization services, call us at (866) 347-1130 or visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Logitech, Rohm and Haas and Toyota.
Labels: Carrier Bid, Distribution, Press Releases, SC Operations Planning, Supply Chain Software, Supply Chain Technology, Transportation, Transportation Procurement
Wednesday, May 20, 2009
New Software Helps Manufacturers and Distributors Optimize Inventory Levels, Backlog and Customer Service Levels
Profit Point's order fulfillment application reduces inventory write-offs and warehousing costs while maintaining service requirements.
Profit Point, a leading supply chain optimization company, today announced the introduction of Profit Fulfillment, a robust and highly-configurable software tool to help business managers determine an optimal backorder fulfillment and product shipping schedule.
"Just-in-time manufacturing has seen significant growth in the past 15 years, but the challenge of balancing inventory, backlog and service levels persists," noted Jim Piermarini, Profit Point's Chief Technology Officer. "Our clients were looking for a solution to help analyze these trade-offs and after real-world testing, we have a cost-effective solution that enables business managers to improve their distribution processes immediately."
Profit Fulfillment can improve any distribution channel, but it is particularly useful when there are backlog orders to multiple customers, and it is important to determine which customers should get their orders filled immediately and on time, and which customers should enter the backlog queue and for how long. Ensuring that order fulfillment and shipment scheduling departments are executing designated functions consistently with a company's overall business objectives can have a significant impact on profitability and customer satisfaction.
"Our clients include high-demand, short-cycle product manufacturers as well as more traditional long-cycle manufacturers," said Piermarini. "And with unpredictable economic conditions, it was essential that we design this application to be highly configurable."
Profit Fulfillment enables distribution managers to optimize order fulfillment processes consistent with a company's overall strategic business objectives. It allows decision makers to prioritize customers, implement complex allocation rules amongst customers, dynamically change the allocation rules by region or segment of customers and minimize total backlog days across all customers, or over specific customer segments. And, the application provides forward-looking visibility to quickly and easily view the impact of different allocation rules on customer order fulfillment.
To learn more about Profit Point's supply chain software and services, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Logitech, Rohm and Haas and Toyota.
Labels: Inventory Management, Jim Piermarini, Press Releases, Profit Fulfillment, SC Operations Planning, Supply Chain Software, Supply Chain Technology, Warehouse Optimization
Friday, March 27, 2009
Profit Point's CEO and CTO Named a "Pro to Know" by Supply & Demand Chain Executive Magazine
Jim Piermarini Recognized for Ability to Turn Supply Chain Managers in to Supply Chain HeroesNorth Brookfield, MA (PRWEB) March 27, 2009
Profit Point, the leading supply chain optimization company, announced that CEO, CTO and Founder Jim Piermarini has been named a 2009 Supply & Demand Chain Executive "Provider Pro to Know." Supply & Demand Chain Executive, the executive's user manual for successful supply and demand chain transformation, announced the ninth-annual listing of Pros to Know in its February/March 2009 issue.
"This year's Provider Pros to Know have shown themselves to be thought-leaders in their respective supply chain segments," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Their efforts in developing the tools and processes that enable companies to weather risky economic conditions and place them in a position to surge ahead in better times have earned them a place on this year's Provider Pros listing."
The Supply & Demand Chain Executive Provider Pros to Know is a listing of individuals from a software firm or service provider, consultancy, or analyst or research firm who have personally helped clients during the current economic downturn by assisting them in managing risk in the supply chain, providing competitive advantage and/or delivering value to the bottom line.
"I am honored to be recognized by Supply & Demand Chain Executive as a Pro to Know," said Piermarini. "I believe this award is a reflection of Profit Point's team and our collective ability to deliver practical solutions to complex supply chain decisions. Our unique combination of supply chain expertise and software, enables us to make heroes out of our clients, especially in these economic uncertain times."
Profit Point's supply chain optimization services provide clients with clear, actionable guidance that accounts for the many what-if scenarios facing their businesses in these uncertain economic times. By optimizing the supply chain network design, Profit Point's clients are able to recoup millions of dollars in annual operating costs.
To learn more about Profit Point's supply chain software and services, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including Rohm and Haas, Dole Foods, Logitech and Toyota.
About Supply & Demand Chain Executive:
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
Contact:
Richard Guy
Profit Point
(866) 347-1130
http://www.profitpt.com
Labels: About Profit Point, Awards, Jim Piermarini, Press Releases, Publications, Supply Chain Software
Friday, March 06, 2009
Rohm and Haas Picks Profit Point to Improve Production Scheduling
Profit Point's data integration and scheduling optimization services deliver reliable results with reduced operations costs.
North Brookfield, MA
Profit Point today announced that its Profit Data InterfaceTM software has been selected by Rohm and Haas Company (NYSE: ROH) to integrate its scheduling processes with the company's ERP data warehouse. The company, which last reported nearly $9 billion in annual sales, produces innovative products for nine industries worldwide through a network of more than 100 manufacturing, technical research and customer service sites. Optimizing and supporting the production and distribution scheduling across this network is a complex and ever-changing process.
"Rohm and Haas has a history of improving our operations to enhance customer service levels and reduce cost," said Dave Shaw, the company's Business Process Manager for MFG and Supply Chain. "Production scheduling, which entails constant change to meet demand, is one of the toughest challenges in the supply chain. In the past, the lack of a reliable data interface has limited our ability to react quickly and with a high degree of confidence in our results. Profit Point's Data Interface software has given us near real-time access to highly reliable data, so we can respond quickly and know that our plan is right."
Profit Data Interface is a robust application that helps decision makers boost the effectiveness of their ERP data by extending its usefulness with optimization applications. By leveraging existing ERP systems, the software provides a robust and proven method that supply chain managers can rely upon to optimize their critical business processes and improve profitability.
"Rohm and Haas is a recognized leader in the chemicals industry with a reputation for supply chain excellence," said Jim Piermarini, Profit Point's CEO. "We have supported their scheduling processes for years. So, it was clear that the next evolution was to directly connect their optimization software to the date store using our Data Interface product."
Profit Data Interface, which integrates with SAP® and Oracle® data stores, can be used to optimize the entire supply chain including network planning, production and inventory planning, distribution scheduling, sales planning and vehicle routing.
To learn more about Profit Point's supply chain software and services, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including General Electric, Dole Foods, Logitech and Toyota.
About Rohm and Haas Company:
Leading the way since 1909, Rohm and Haas is a global pioneer in the creation and development of innovative technologies and solutions for the specialty materials industry. The company’s technologies are found in a wide range of industries including: Building and Construction, Electronics and Electronic Devices, Household Goods and Personal Care, Packaging and Paper, Transportation, Pharmaceutical and Medical, Water, Food and Food Related, and Industrial Process. Innovative Rohm and Haas technologies and solutions help to improve life every day, around the world. Visit www.rohmhaas.com for more information.
Contact:
Richard Guy
Profit Point
(866) 347-1130
http://www.profitpt.com
Labels: Distribution, Enterprise Resource Planning, Optimization, Press Releases, Rohm and Haas, SAP Data Integration, Scheduling
Monday, December 01, 2008
Profit Point Wins 2008 Green Supply Chain Award
Green Network software is recognized for its role in helping to build environmentally sustainable businesses.Supply & Demand Chain Executive magazine honored Profit Point, a leading supply chain optimization company , with a 2008 Green Supply Chain Award. The company and its Green Network supply chain design software was recognized as a Green Supply Chain Enabler. Profit Point is showcased with other award winners in the latest issue of Supply & Demand Chain Executive.
Profit Point has been delivering supply chain optimization services and software to Fortune 500 companies for more than a decade. Earlier this year, the company introduced Green Network when it recognized that its clients needed a robust tool to account for and optimize away manufacturing waste, such as industrial pollutants and green house gas emissions.
"Profit Network software has been helping large companies around the world build more robust and profitable supply chains for more than 10 years," said Jim Piermarini, Profit Point's CTO. "From our clients' perspective it makes sense to incorporate environmental byproducts in to the network design to evaluate opportunities and costs and conduct scenario testing in advance of these critical infrastructure decisions."
The company's software products are now used to help companies manage the tradeoffs associated with environmental resource constraints, such as limited water supplies in developing countries. Profit Point's transportation and distribution clients achieve more efficient territory planning and vehicle routes, which mitigates unnecessary fuel consumption and carbon dioxide emissions.
The Green Supply Chain Awards recognize small, midsize and large organizations that are taking steps to realize eco-efficiency goals. Submissions were judged based on the clarity and content of each program's goals and strategy, the extent of the steps being taken, the impact of the results to date and projected results, and the form and presentation of the information submitted.
"We are honored to be recognized by Supply & Demand Chain Executive for our focus on sustainability and we're delighted to play a role in helping business managers define and reach environmental sustainability objectives across their supply chain," said Alan Kosansky, President of Profit Point. "We look forward to any opportunity to help create a more sustainable business environment."
To learn more about Profit Point's supply chain software and services, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Logitech, Rohm and Haas and Toyota.
Labels: Awards, Green Network, Green Optimization, Press Releases, Publications, Sustainability
Monday, November 17, 2008
New Optimization Software Helps Companies of All Sizes Slash Fuel and Distribution Costs
Profit Point's territory planning and vehicle routing applications now tailored to meet the needs of both small and large companies.Profit Point, a leading supply chain optimization company, today announced the introduction of Profit Vehicle Planner (PVP) and Profit Vehicle Router (PVR). PVP, a sales and distribution application designed to service large, nationwide operations, includes territory and cycle planning tools, as well as vehicle routing functions. PVR is designed for businesses that need to optimize their vehicle routing, but do not need the territory and cycle planning features that are included in PVP.
"Many people don't realize that recent advancements in supply chain technology now allow low cost integration of sophisticated mapping tools to make daily planning activities fast and easy," noted Jim Piermarini, Profit Point's Chief Technology Officer. "Rising fuel prices have put pressure on every distributor. By combining advanced optimization algorithms with today's mapping tools, our clients are able to make significant cost reductions while improving customer service levels."
Profit Point's PVR software is a streamlined route optimization tool that enables complete distribution analysis by daily routes. PVP includes all of the features of PVR and adds a number of territory planning functions to meet the needs of regional, national and international distributors. Both products are designed to reduce equipment and fuel costs, overtime pay and increase the volume of product delivered per driver.
"Delivery costs represent a significant percentage of our overall distribution expenses," said Ken Burkey, Logistics Manager of DS Waters. DS Waters is the U.S. leader in home and office water delivery, including 26 manufacturing facilities which delivers to millions of homes, offices, retailers across the country. "Profit Point's software and optimization expertise has enabled our company to easily reengineer our distribution plan to cuts costs and improve customer service."
Learn more about Profit Vehicle Planner and Profit Vehicle Router.
Labels: Press Releases, Profit Vehicle Planner, Profit Vehicle Router, Supply Chain Software, Transportation
Tuesday, October 07, 2008
Profit Point Improves Toyota's North American Part Center California's Supply Chain Processes
Leveraging Profit Point's supply chain optimization methodologies, Toyota North American Part Center California improves efficiency and quality of their workload planning sequencing process to receive containers from Japan.North Brookfield, MA (PRWEB) October 6, 2008
Profit Point today announced that Toyota Motor Sales (TMS), U.S.A., Inc.'s North American Part Center California (NAPCC) has improved its receiving sequencing processes using advanced mathematical optimization techniques. NAPCC is one of the parts distribution centers among TMS' North American Parts Operations network, which was established to improve local parts sourcing and manage a parts distribution network that supplies all North American Toyota distributors, U.S. Toyota, Lexus and Scion dealers as well as export to parts centers in Japan. NAPCC turned to Profit Point to apply mathematical optimization techniques to further improve their supply chain operations.
"We turned to Profit Point to apply mathematical optimization techniques to further improve our supply chain operations," Johnnie Garlington, NAPCCs warehouse operations manager. The program supported the increase in daily offload by 16% resulting in labor savings, off-site storage costs and detention expenses.
Profit Point, the leading supply chain optimization company, combines proprietary software with proven optimization techniques to help business managers improve their operations. Profit Point supported NAPCC's objective to redesign their workload planning process to improve the efficiency and quality of their sequencing processes. Profit Point carried this out by designing and building custom supply chain software to optimize their sequencing processes.
"We were asked to investigate a mathematical approach to solving Toyota NAPCC's container receiving sequencing process," said Joe Litko, Profit Point's Business Optimization Practice Leader. "This was an interesting challenge for several reasons. We needed a cost-effective solution using legacy tools, the model needed to run quickly, be flexible, and give robust solutions that consider several performance measures simultaneously."
NAPCC had been using a traditional spreadsheet to manually achieve an hourly workload plan. Profit Point reviewed the sequencing process and designed a stand-alone application to smooth out the flow of containers to maximize the daily unload capacity.
"Like most businesses, Toyota NAPCC was using good, traditional operations practices," said Dr. Alan Kosansky, Profit Point's President. "But, by combining the right mathematical optimization methods with a clear understanding of the business requirements, we were able to achieve a superior supply chain process for Toyota."
To learn more about Profit Point's supply chain optimization software and services, visit www.profitpt.com.
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Rohm and Haas and Toyota.
Contact:
Richard Guy
Profit Point
(866) 347-1130
http://www.profitpt.com
Labels: Case Study, Optimization, Press Releases, Scheduling, Software Optimization
Monday, August 25, 2008
Profit Point Integrates SAP with Entire Line of Supply Chain Optimization Software
Leading supply chain consulting firm's entire line of optimization software is now capable of quickly and easily leveraging SAP's robust ERP data warehouse.
North Brookfield, MA (PRWEB) August 25, 2008 -- Profit Point, a leading supply chain optimization consulting firm, today announced the introductions of Profit Connect, an interface that bridges its line of optimization software applications with SAP's enterprise resource planning (ERP) applications. With more than 46,000 customers worldwide, SAP is the ERP software of choice for thousands of medium and large businesses. By combining SAP's central data store with Profit Point's supply chain optimization software, business managers are now able to gain increased visibility to improve the quality of their critical business decisions."Historically, data availability and integrity have been the biggest challenge facing business managers that seek to improve their business operations," stated Alan Kosansky, Profit Point's President. "Compatibility with the universe of SAP's real-time data enables our clients to use our industry-leading business optimization tools with easy access to the universe of SAP data."
Profit Point's entire line of supply chain optimization software, which includes tools to improve network design, production and distribution planning, scheduling and vehicle routing, is designed to help manufacturing and distribution managers improve the decisions they make using advanced optimization algorithms and proven supply chain methodologies. By leveraging existing ERP systems, Profit Point's software provides a robust and proven method that supply chain managers can rely upon to optimize their critical business processes and improve profitability.
"In recent years, we have seen our clients increase their use and reliance on SAP for data management," said Jim Piermarini, Profit Point's Chief Technology Officer. "We saw an opportunity to access this data store, so that our clients could easily and accurately aggregate data for their optimization projects and increase the frequency of these business improvement efforts."
Profit Connect solves the data integration challenges by providing an easy, direct bridge to SAP's data store. Using Profit Point's SAP-compatible software, business managers can now avoid data duplication and distortion, improve efficiencies and customer service, cut operational costs and improve decision making through accurate analysis and proven optimization techniques.
To learn more about how Profit Point's supply chain software can help improve your profitability, contact us here: (866) 347-1130 or
(435) 487-9141
Labels: Enterprise Resource Planning, Press Releases, Supply Chain Software
Tuesday, May 06, 2008
Swire Beverages Expands Relationship with Profit Point to Optimize its Rapidly Expanding and Changing Manufacturing and Distribution Infrastructure
Swire Beverages, the largest Coca-Cola bottling and distribution franchise in Mainland China will employ more Profit Point infrastructure planning software licenses.North Brookfield, MA (PRWEB) May 7, 2008 -- Profit Point today announced that its Profit NetworkTM infrastructure planning software, already in use for 3 years to optimize Swire Beverage's distribution network throughout China, will be expanded to cover the needs of the operations. Swire Beverages is an anchor bottling franchise of The Coca-Cola Company with bottling operations in 7 provinces in Mainland China, Taiwan, Hong Kong and 10 states in the U.S. The Mainland China market is experiencing significant growth in demand for its products, which has in turn increased pressure on its bottling operations. Sales volume increased 20% in 2007 to exceed 500 million unit cases for Swire Beverages' Mainland China operations. The population in Swire's Mainland China territory is over 400 million. Swire will rely upon Profit Point's proven network optimization software to model infrastructure plans, test projected demand scenarios and maximize its return on infrastructure investments.
"Executing our Customer Service Policy is essential in Mainland China," said Douglas Holland, Swire's General Manager of Sales Operations in Mainland China. "Our infrastructure decisions must support the fast changing conditions in the marketplace. Our significant volume shifts by geography and by channel, create a daunting task for our operations to keep pace. And our distribution network design must be based upon clear visibility into our projected growth scenarios and the related impact on our distribution network. With our use of the tool Profit Network, we are able to develop least cost or most profit scenarios from our raw materials suppliers all the way through to our end retail outlets, including support for deciding when we should distribute our products via indirect channels, such as wholesalers and 3rd party distribution partners."
Profit Network is a robust application that helps decision maker optimize their supply chain for maximum profitability. The proven optimization tool is a stand-alone planning software package that is used to analyze the placement and location of production facilities, distribution centers, and warehouses over a multi-period planning horizon. The system is often used to help firms restructure their supply chains after mergers, periods of rapid growth and in anticipation of geographic or product preference shifts in the market.
"Infrastructure planning for a rapidly-growing operation like Swire is an extremely important process and involves significant mid and long-term investments," said Jim Piermarini, Profit Point's CEO. "The infrastructure solutions that we develop using Profit Network will allow Swire to make effective management decisions, reconfigure bottling operations as demand shifts, implement new business processes and realign resources."
Although the resource investments in value chain network design are significant, the return from an implementation of an optimized infrastructure study can be substantial. "We knew that the choices that we were making today will have a long-term impact on our business success, which is measured, both from a customer service level and cost perspective," said Holland. "Profit Point brings a compelling combination of optimization software and training experts which allow us to effectively manage the process and gain the greatest benefit from our network design. We initially selected and implemented Profit Network in 2005 focusing mostly on Distribution. Today and in the future we are adding more resources into the Profit Network enabled process to incorporate our entire value chain including manufacturing capacity planning, production line and plant locations."
About Profit Point:
Profit Point Inc. was founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operations, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Rohm and Haas and Toyota.
About Swire Beverages:
Swire Beverages has the franchise to manufacture market and distribute the products of The Coca-Cola Company in Hong Kong and Taiwan, 10 states in the USA and seven provinces in Mainland China. This represents a total franchise population of over 440 million. Swire Beverages is recognized as one of a select group of strategic business partners of The Coca-Cola Company known as the "Anchor Bottlers". Swire works closely with The Coca-Cola Company on brand development and marketing.
To learn more about how Profit Point's supply chain consultants can help optimize your supply chain, contact us here:
(866) 347-1130 or
(435) 487-9141
Labels: China, Infrastructure Planning, Press Releases, Profit Network
Friday, April 04, 2008
Profit Point Releases Green Supply Chain Software Solution
Profit Point, a leading supply chain optimization firm, announces the introduction of Green Network, a green supply chain network design application.North Brookfield, MA (PRWEB) April 4, 2008 -- Profit Point, Inc., a leading supply chain optimization consultant, today announced the release of Green Network, a supply chain network design application that empowers a supply chain manager to gain visibility in to the trade-offs they will face when designing a green supply chain. Built upon proven technology, Green Network extends the company's Profit Network application by enabling supply chain managers to include any number of environmental byproducts, including carbon dioxide, nitrogen oxide, particulates, and wastewater, in to the analysis process. The user can also manage total energy consumption or the type of energy consumed (coal, natural gas, hydroelectric, thermal, wind, etc.) in the design of the supply chain.
"Many of our clients have expressed a strong interest in greening their supply chains to meet the growing demand by consumers," said Alan Kosansky, Profit Point's President. "Designing a sustainable supply chain is becoming a significant priority for our clients, but not at any cost. The key to building a sustainable supply chain comes in truly understanding the trade-offs that are faced by decision makers."
Green Network was designed as an out-growth of Profit Network, an industry-leading supply chain network design software system. Profit Network is a robust, yet cost-effective tool that helps companies of all sizes optimize their supply chain for maximum profitability.
"Profit Network software has been helping Fortune 500 companies around the world build more robust and profitable supply chains for more than 10 years," said Jim Piermarini, Profit Point's CTO. "By leveraging our work in Profit Network, we were able to build a powerful tool that accounts for environmental impact and profitability."
In addition to Profit Network and Green Network, Profit Point's line of supply chain software also includes Profit Vehicle Router, a system for optimizing transportation routing, Profit Distribution Scheduler for easy production and distribution scheduling and Profit Meeting Scheduler, a sophisticated conference scheduler used by major trade organizations.
For additional information about Profit Point's supply chain design and optimization software and consulting services, contact Richard Guy or visit www.ProfitPt.com.
About Profit Point:
Profit Point Inc. is a supply chain consulting firm founded in 1995 and is now a global leader in supply chain optimization. The company's team of supply chain consultants includes industry leaders in the fields infrastructure planning, green operation, supply chain planning, distribution, scheduling, transportation, warehouse improvement and business optimization. Profit Point's has combined software and service solutions that have been successfully applied across a breadth of industries and by a diverse set of companies, including The Coca-Cola Company, General Electric, Rohm and Haas and Toyota.
Contact:
Richard Guy
Profit Point
(866) 347-1130
Labels: Green Network, Green Optimization, Press Releases, Sustainability
Tuesday, January 22, 2008
Congratulations to Profit Point partner Dash Optimization!
Earlier today, Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, announced that it has acquired U.K.-based Dash Optimization, makers of Xpress-MP, the world's leading software product for decision modeling and optimization. The move augments Fair Isaac's decision management solutions, which automate, improve and connect decisions to enhance business performance.
Read the complete press release here.
The acquisition is considered a strategic move by Fair Isaac that will greatly benefit both Dash and Fair Isaac customers. According to Dash, all of the Dash employees are very excited about this new direction and will continue working as Fair Isaac employees. Fair Isaac views Dash as a key business which it is looking to grow and leverage while making a significant investment in the product suite.
We look forward working with the new combined company and expect that it will provide new resources and opportunities for all Profit Point clients.
Labels: Optimization, Press Releases
Tuesday, December 18, 2007
SuperShuttle Introduces "Auto Routing" for Quicker Pick Up and Delivery
SuperShuttle introduces "Auto Routing" for Quicker Pick Up and Delivery to most of the nation's largest Airports
Profit Point, MapInfo and SuperShuttle team up to provide the ultimate in Passenger Customer Service
PHOENIX - (December 18, 2007) - SuperShuttle just made getting to the airport and home easier with the introduction of "Auto Routing" a unique system for the delivery of real live people to and from most of the nation's leading airports. Auto Routing is the brain child of Profit Point, Pitney Bowes MapInfo and SuperShuttle coming together to create a state-of-the-art pick up and delivery system for people that allows for the most efficient routing of SuperShuttle customers yet.
Profit Point, Pitney Bowes MapInfo and SuperShuttle created this programming capability which integrated their individual systems in to the centralized dispatch capabilities at SuperShuttle to provide passengers with a quicker and less complex pick up system for SuperShuttle customers nationwide. "Auto Routing" will reduce the pick up times, less time spent on the shared-ride vans for customers and quicker turn around at the airports overall.
"This has been a true team effort," said Mike Hogan, Chief Technology Officer for SuperShuttle International. "The functionality of 'Auto Routing' is different than the typical delivery optimization of packages since we're essentially delivering people. Packages don't mind sitting in the delivery truck and going out of their way a bit. People, on the other hand, don't like to be on the van too long, go to far out of their way, or backtrack to the airport. This new system actually delivers a whole new 'on-time' delivery system for our customers."
Basically, "Auto Routing" can route each drivers entire day's work in less than a minute whereas it would take a dispatcher anywhere from four to eight hours to accomplish the same.
Profit Point, Inc.
Profit Point is about the "Science of Better," specializing in the improvement of a broad range of complex business processes in several industries. Profit Point's solutions provide immediate benefits using cost-effective technology improvements with Targeted Software and focused consulting services. Please go to www.profitpt.com for more information.
SuperShuttle International, based in Phoenix, AZ is a division of Veolia Transportation On Demand and a subsidiary of Veolia Environment (Euronext: VIE, NYSE: VE). SuperShuttle serves 27 airports, carrying more than eight million passengers a year. Airports served by SuperShuttle include some of the largest in the country including Los Angeles, New York, Dallas/Ft. Worth, Washington, D.C. and Miami. Please go to www.supershuttle.com for more information.
Veolia Transportation, Inc.
Veolia Transportation is the leading provider of passenger ground transportation services on the North American continent, operating bus, rail, taxi, shuttle and para-transit systems in over 120 locations in the US and Canada. Veolia Transportation entered the North American market in 2001 and has quickly expanded to a national presence, with over 16,000 employees and annual revenues approaching $1 billion.
To learn more about how Profit Point can help improve your transportation and routing, contact us here:
(866) 347-1130 or
(435) 487-9141
Labels: Press Releases, Profit Vehicle Router, Routing, SC Operations Planning, Transportation
Thursday, November 17, 2005
Profit Point gets win with Rohm and Haas
Profit Point was selected by Rohm and Haas Company to provide multiple consulting and support services using AspenTech's Supply Chain Management (SCM) (formerly Aspen MIMI) supply chain modeling software. Aspen SCM is used to power numerous supply chain applications. These applications can include industry optimization solvers like Xpress-MP by Dash Optimization or CPLEX by ILOG, Inc.Profit Point has worked with Rohm and Haas to design support coverage that was flexible but also responsive to their requirements. The services included end-user support and enhancement work to all Aspen SCM based supply chain scheduling applications. Profit Point provides support service that includes the repair and debug of model problems as they arise, support of the various production and operational processes that feed data to and from the models and minor enhancements to the models. Profit Point's Aspen SCM support service allowed Rohm and Haas's business units to continue providing excellent customer service by delivering quality products with minimal scheduling interruptions.
In addition, Rohm and Haas selected and engaged Profit Point Inc to improve, design and develop several scheduling models to manage Rohm and Haas's production scheduling process for the plastics additives and coatings production, which includes 100+ products, 1,000+ SKUs, and 30+ production facilities. Profit Point worked with Rohm and Haas to identify ongoing requirements for production scheduling and has designed, created and delivered over 30+ plant and process specific scheduling tools to allow Rohm and Haas to achieve their strategic goals to improve production scheduling, lower operating costs and provide better service to their customers.
In addition, Profit Point provides similar services to Bridgestone Firestone North America and Sealed Air Corporation. The services have included:
- Upgrades
- Model Enhancements
- Model Application Design And Development
- Model And SAP APO (Or Other) Application Integration
- Technical Support and Training
- Help Desk Break/Fix Support
To learn more about how Profit Point can help improve and support your scheduling processes, contact us here:
(866) 347-1130 or
(435) 487-9141
Labels: MIMI, Press Releases, SC Operations Planning, Scheduling
Wednesday, October 20, 2004
Solver Consulting Partner
Frontline Systems develops mathematical solvers and optimizers and has customers in over 50 countries. Frontline's flagship product, the Premium Solver Platform, greatly extends the power of the Solver in Microsoft Excel, which Frontline developed for Microsoft. This powerful product offers built-in linear, quadratic, conic, nonlinear, interval global and evolutionary Solvers.
Profit Point is Frontline Systems' consulting partner. Profit Point can quickly assist Microsoft Excel users with their modeling needs and projects, reducing model development and programming effort and time. Profit Point's consultants can assist with development of models "from scratch", or help companies that are starting a project that requires more in-depth technical consulting support.
Frontline's Solver technology spans the full range of linear and nonlinear, convex and non-convex, discrete and continuous optimization. The Premium Solver Platform offers the world's best platform for convex optimization - the natural extension of linear programming - and the world's best platform for global optimization.
For more capacity and speed, users can choose from eight plug-in large scale Solver Engines that offer a range from traditional linear, quadratic and mixed-integer programming to powerful convex and conic optimization, nonlinear optimization, global optimization, and optimization of arbitrary Excel models using genetic algorithms, tabu search and scatter search.
To learn more about how Profit Point can help you get the most out of Excel Solver optimization, contact us here:
(866) 347-1130 or
(435) 487-9141
Labels: Excel Solver, Optimization, Press Releases, Solver Optimization
Carlisle SynTec's Infrastructure Planning Study
Profit Point developed an optimization model to trade off transportation and warehousing costs while meeting product demand. The model included the top 100 distribution locations in the US along with Carlisle's existing warehouse sites as potential locations for the model to consider.
Profit Point was able to identify achievable annual savings of $1 million by showing them how to use their existing network more efficiently and by adding one new warehouse location next to the new manufacturing plant being built. The model showed that Carlisle's existing warehouses were located in desirable areas regarding operating cost and proximity to vendor, manufacturing and customer locations, but also identified business changes to the way Carlisle manages their inventory at several warehouses, allowing them to realize larger savings. The study also confirmed which new manufacturing plant location out of several candidates was the most cost efficient in regards to transportation costs.
"Profit Point did not come to Carlisle with a pre-determined answer to our logistics issues. They did an excellent job of listening to our needs, working with our personnel to extract the necessary information, and formulating recommendations to reduce our costs." said Bob Stout, Vice President in charge of Purchasing and Logistics at Carlisle SynTec Inc.
To learn more about how Profit Point can help you get the most out of your Supply Chain Infrastructure Planning, call us at (866) 347-1130 or send us an email.
Labels: Distribution, Infrastructure Planning, Inventory Management, Optimization, Press Releases, Transportation, Warehouse Optimization
Saturday, April 03, 2004
Profit Point selected as ILOG Service Alliance Partner
ILOG has selected Profit Point Inc. as a preferred ILOG SP Service Provider due to our strong technology expertise and proven ability to integrate software components into custom solutions.ILOG products are used by tens of thousands of end users in telecommunications, manufacturing, transportation, defense, and other industries.
Labels: ILOG, Optimization, Press Releases, Software Optimization
Friday, April 02, 2004
Featured Speaker at INFORMS Conference
Profit Point will present at the Spring INFORMS Conference on OR/MS Practice, Applying Science to the Art of Business, Cambridge, MA, April 25-27. Dr. Gene Ramsay will speak on "Using MS/OR Techniques in Supply-Chain Management" on Sunday, April 25, as part of Maximal Software's Pre-Conference Workshop titled: "Integrating Optimization in Real-World Business Applications" We hope to see you there!
Labels: Operations Research, Press Releases, Supply Chain Intelligence
Thursday, April 01, 2004
Infrastructure Planning with Profit Network
Profit Network allows the user to model their existing or proposed supply chain for a geographic
area, with its locations, flow limits and costs. Input data include raw material sources and costs, plant locations, plant production rates and costs, warehouse and distribution center locations and costs and customer locations and anticipated demand. You will be able to solve detailed supply chain network design problems in a few moments with optimal results.Profit Point has both delivered this product to clients and used it on
Supply Chain consulting engagements. This proprietary tool is now available for delivery and use at your company.To learn more about Profit Network, go to: http://www.profitpt.com/profit_network.asp
To learn more about how Profit Point can help you get the most out of your Supply Chain Infrastructure Planning, call us at (866) 347-1130 or send us an email.
Labels: Asset Utilization, Distribution, Infrastructure Planning, Optimization, Press Releases, Profit Network, Transportation, Warehouse Optimization
Wednesday, March 24, 2004
The Science of Better
Profit Point is about "The Science of Better", specializing in the improvement of a wide range of business processes in multiple industries. We have solved business problems in the following areas and more:
- Supply Chain Optimization
- Supply Chain Assessments
- Workforce Scheduling
- Market Response Modeling
- Procurement Optimization
- Financial Portfolio Optimization
- International Tax Optimization
- Territorial Planning and Routing
- Sports and Event Scheduling
- Mathematical Modeling Use and Implementation Training
Our "People, Process and Technology" approach has allowed these companies to become more productive and has saved them millions of dollars via efficiency and process improvements.
To learn more about how Profit Point can help make your supply chain better, contact us here:
(866) 347-1130 or
(435) 487-9141
Labels: Event Scheduling, Financial Optimization, Press Releases, SC Operations Planning, Workforce Scheduling
Wednesday, March 17, 2004
Optimized Routing and Transportation with Profit Vehicle Router
Profit Vehicle Router (PVR) is a sales and distribution territory planning application as well as an operational routing application. The software helps distributors save money by cutting the time needed to develop sales/distribution territories and schedules, as well as reducing delivery miles and the number of delivery vehicles and drivers needed. PVR helps you plan optimal delivery or sales route territories, cycle-day territories (what days each site will receive deliveries), and daily routes from a distribution center or office, thereby improving customer service, employee productivity and ultimately increasing profits.PVR Assigns Your Customers to Efficient Route Territories
Go from chaos to organized in minutes. Create new territory assignments:
- As customers are added or deleted
- Or as often as you desire.
- Reduce the staff time required to determine the optimal territories and routes,
- Reduce the number of delivery miles and delivery time, and
- Decrease the number of delivery vehicles and drivers you need.
proprietary routing algorithms to ensure high-quality solutions.To learn more about how Profit Point can help improve your vehicle routing and transportation systems, contact us here:
(866) 347-1130 or
(435) 487-9141
Labels: Press Releases, Profit Vehicle Router, Routing, Transportation
Wednesday, February 18, 2004
The Social Side of the Supply Chain
Download the new article about the "The social side of the supply chain" co-authored by Alan Kosansky and Jim Piermarini from Amazon.com here.
Labels: Press Releases, SC Operations Planning, Sustainability
