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Maine Pointe In The News

Is Analytics the Answer?

Originally posted in CFO

Enterprises are hoping data analytics tools can help them identify real-time business changes, understand customers, and vanquish competitors.

When so many web pages, whitepapers, and webinars promise that finance-led data analytics programs will transform an organization, it’s easy to buy into the hype. Cooler heads, though, understandably wonder: how effective are data analytics projects, really? Are finance chiefs (and other C-suite leaders) actually improving decision-making and boosting performance through the insights provided by mountains of data? And what kinds of barriers to success are organizations encountering once they embark on a project?

Topics: Data Analytics

How the White House's government overhaul will affect supply chains

Originally posted in Supply Chain Dive

The White House released a plan to reform and reorganize the government last week, outlining several proposals that will transform public agencies directly impacting U.S. supply chains.

The two biggest takeaways for supply chains are the White House's plan to restructure and privatize the United States Postal Service (USPS), as well as restructure the Department of Transportation (DOT) in hopes of alleviating some of the backlog of infrastructure projects awaiting approval.

Topics: global supply chain

Increased Value Lies in the Evolving 3PL

Originally posted in Supply & Demand Chain Executive

The Amazon Effect, technology, the internet and consumer expectations are driving collaboration between shippers and 3PLs.

The advent of technology, along with pressures from the globe’s largest online retailer, has forced 3PLs and 4PLs to stand up, take notice and change. 

Topics: Transportation

Supply Chains and Protectionism

Originally posted in Sage Business Researcher

Will tariffs shrink global production networks?

Global supply chains arose and flourished in an era of falling tariffs – an era that may now be coming to an end amid an upsurge in protectionism. President Trump and other political leaders’ plans to boost tariffs or overhaul free-trade agreements could increase costs and pose new risks for multinational companies that have built extensive worldwide networks of subsidiaries and supplier partnerships. However, experience suggests that in most economic sectors, supply chains do not need to change substantially in the face of protectionism. Small adjustments should be enough to allow most companies to preserve operations and avoid significant increases in the cost of their goods.

Topics: global supply chain Tariffs

Truckin’ for a Greener Environment

Originally posted in Food Logistics

To see the story featured in the magazine’s print issue click here

It’s not easy, but 3PLs and transportation providers are working toward sustainable fuels.

All those trucks you see on the road? They’re carrying almost 71 percent of the freight tonnage moved in the United States. According to the American Trucking Associations (ATA), that’s 10.5 billion tons of freight annually, requiring more than 3.6 million heavy-duty Class 8 trucks and over 3.5 million truck drivers. And, the ATA reports, it also takes 39 billion gallons of diesel fuel to move all of that freight. 

Topics: Transportation Sustainability

A New Revolution

Originally posted in Supply Chain World

Data analytics has been focused mainly on the front end as a way to glean insights about customers and improve the customer experience. But with the growing investment in industrial Internet of things (IIoT), combined with dramatic changes in global supply chain logistics, a back-end focus is emerging in what is often referred to as the fourth industrial revolution.

Topics: Total Value Optimization Data Analytics

Chemical Logistics: The Price of Success

Along with low-cost feedstock, the U.S. chemical industry benefits from the strength of the general economy, which is driving greater demand for plastics and many other products made from chemicals. "We've seen a sustained upward trend that has continued to build steadily and progressively," says Mark Montanari, vice president, chemical and oil and gas at Boston-based consulting firm Maine Pointe.

Topics: Oil and Gas Logistics Total Value Optimization Chemicals Data Analytics chemical industry consulting supply chain optimization end to end supply chain integration Maine Pointe chemical logistics

Procurement Influencer Series: Steven Bowen, Founder and Chairman, Maine Pointe

Originally posted in CPO Rising

Our conversation was extensive and insightful – ranging from his days at Westminster College in western Missouri where he earned a Bachelor’s degree in chemistry, to his burgeoning consulting career, to Maine Pointe, to his book, Total Value Optimization. He also shared his views on Big Data analytics, digital transformation, and technology disruption, and his belief that tax reform will enable procurement teams to invest in digital business solutions and join the “Industry 4.0” movement.

Topics: Strategic Procurement Total Value Optimization