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