Quintiq Launches 'The Missing Piece of the Profit Economy'
Quintiq Launches 'The Missing Piece of the Profit Economy'
PR53388
RADNOR, Pennsylvania, June 13, 2013 /PRN=KYODO JBN/ --
- Dr. Victor Allis unveils strategy to enable business leaders to generate
increased profit via optimization and forward planning
Quintiq, 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 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, 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."
About Quintiq
Quintiq's revolutionary supply chain planning and optimization (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, Facebook, LinkedIn and YouTube.
Press Contacts:
North America Enquiries
Jon Temerlies
Racepoint Group
Tel: +1-202-349-0859
Quintiq@Racepointgroup.com
EMEA Enquiries
Charlotte Poh
Global Marketing Communication Manager
Tel:+31-(0)736910739
pressrelease@quintiq.com
Source: Quintiq
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