Dr. Victor Allis unveils strategy to enable business leaders to generate
increased profit via optimization and forward planning
RADNOR, PA, June 13, 2013 /CNW/ - Quintiq [http://www.quintiq.com ], a global leader in supply chain planning and optimization (SCP&O),
unveiled its provocative and insightful commentary on the importance of
a well-functioning supply chain, 'The Missing Piece of the Profit
Economy.' Dr. Victor Allis, Quintiq co-founder and CEO delivered the
presentation at Gartner's Supply Chain Executive Conference [http://www.gartner.com/technology/summits/na/supply-chain ] in Phoenix.
(Logo: http://photos.prnewswire.com/prnh/20130328/606756 )
'The Missing Piece of the Profit Economy' theorizes that every business
has a set of unique and interconnected processes all designed to
deliver goods, service, and value to customers with a goal to create
profit returns to shareholders. Each business is a unique economy and
by optimizing its supply chain, a business can streamline activity and
strategize for the future in a way that transaction systems such as
enterprise resources planning (ERP) software cannot. Ultimately, supply
chain optimization can generate profit from untapped potential,
improving a business's bottom line.
During the presentation, Dr. Allis used real-life examples to illustrate
how implementing the 'profit economy' mentality can positively impact a
business. The examples included a company reducing annual costs by 18
percent and others that have saved millions annually.
A video of the presentation can be found here [http://www.gartnereventsondemand.com ], and the full presentation can be downloaded via Quintiq's Slideshare
"The Missing Piece of the Profit Economy encourages business leaders to
look beyond what looks 'good' in their supply chain plans, be it
logistics, production or workforce planning, and consider how
optimization can generate available but untouched profit," said Dr.
Victor Allis. "Modern businesses need to be better at using data to
their advantage going forward, not looking backward at what happened.
Big data in most use cases today is merely a red herring as it reports
on past transaction information. Furthermore, ERP is simply a governor
of yesterday's transactions and does not provide the capabilities to
plan for an optimal future outcome. Advanced supply chain planning and
optimization offers foresight that puts businesses in a winning
position. Insight into the future... that's the missing piece."
Quintiq's revolutionary supply chain planning and optimization [http://www.quintiq.com/solutions/supply-chain-planning.aspx ] (SCP&O) platform enables enterprises to improve efficiency at every
stage of the supply chain journey. It powers end-to-end planning and
optimization of personnel
], resources, and processes in a single planning environment, across
all planning horizons. Many of the world's largest and most successful
enterprises rely on Quintiq to achieve their business goals, strengthen
their competitive advantage, and create new revenue streams.
Established in 1997 and growing rapidly, Quintiq has a global presence
with dual headquarters in the Netherlands and the USA, a global
development center in Malaysia, and offices around the world. Quintiq's
software is in use at over 500 locations in 78 countries worldwide.
For more information, visit http://www.quintiq.com or follow Quintiq on Twitter [https://twitter.com/Quintiq ], Facebook [https://www.facebook.com/Quintiq ], LinkedIn [http://www.linkedin.com/company/quintiq ] and YouTube [http://www.youtube.com/user/channelquintiq ].
For further information:
North America Enquiries
Global Marketing Communication Manager