Maine Pointe In The News

 Originally published in Smart Industry magazine

Are you considering your customers' customers?

There are a few business capabilities that truly drive a company’s growth. Among them is the ability to quickly, accurately predict what is coming next. In global manufacturing, the Fourth Industrial Revolution is already underway and is becoming widely recognized as providing an advantage for companies looking to take over their competitors’ market share.

These smart operations, with fully integrated and collaborative systems that react in real-time, along with digitalization and deep-data insights that focus beyond functional limitations, are central to exploiting the potential of Industry 4.0. Companies that embrace them are able to consistently achieve significant reductions in operational costs and substantially improved customer experience, all while driving additional growth opportunities and increasing EBITDA.

 Originally published in Consulting US

Two years into his role, Maine Pointe has promoted Mark McTigue from vice president to executive vice president.

At Maine Pointe, McTigue has a specific focus on the private equity industry and has helped several of the firm’s private equity clients boost their returns on portfolio companies. “His skills and insights have proven essential in helping clients achieve unparalleled levels of competitive success,” said David Jadwin, who leads Maine Pointe’s business development activities.

 Originally published in CSCMP's Supply Chain Monthly

A company’s supply chain is more than a set of procurement, logistics and operations rules and relationships. According to Steven Bowen, Maine Pointe CEO, CSCMP member and author of Total Value Optimization: Transforming your global supply chain into a competitive weapon, a global supply chain can be a powerful competitive weapon capable of driving new levels of growth.

 Originally published in Construction Executive magazine

Tariffs, materials costs and the skilled labor shortage are combining to change the construction landscape. In his latest article for Construction Executive, Grant Cunningham says if executives are prepared for these new realities, it is still possible to achieve consistent growth.

Originally published in Pymnts.com

In a new report from Maine Pointe and the Global Supply Chain Institute, researchers laid out the correlation between the development of a holistic supply chain strategy and an increase in shareholder value. With only 16 percent of businesses reporting that they already have a multi-year supply chain management strategy, according to the Global Supply Chain Institute, this indicates that this area is probably overlooked come time to report on earnings.

Originally published in Consulting.us

In a new collaborative research paper from Maine Pointe and the Global Supply Chain Institute, professors J. Paul Dittmann (University of Tennessee) and Dan Pellathy (Grand Valley State University) examine how supply chain excellence can act as a powerful lever for increasing shareholder value.

Originally published in Consulting.us

Digitization and Industry 4.0 hold great promise, while also offering challenges in implementation. According to Maine Pointe, effective Industry 4.0 strategies can help CPG firms achieve growth through faster and more accurate order fulfillment. Data and analytics can also help optimize customer engagement and better influence customer purchasing.

“CPG companies will need to gain a deeper understanding of the consumer (their customers' customers) and leverage data analytics to get a handle on the rapidly changing demands of those consumers,” Rex Clothier, vice president and industry partner of CPG at Maine Pointe, said.

Steve Bowen made his sixth appearance on TD Ameritrade’s “Morning Trade Live” show, giving us some guidance and insight into the progress being made on the US/China trade talks and what to look for in global supply chains over the coming months. 

 Originally published in Consultancy.eu

Mark McTigue and Michael Kirstein, Vice President Private Equity and Vice President Europe, discuss why private equity firms are increasingly deploying data analytics to help them buy right and buy smart in a challenging market.

 Originally published in Forbes

Steve Bowen’s column in Forbes (first in a series), “How CEOs can create value with supply chain optimization,” introduces readers to TVO, the challenges driving it and how to use the supply chain as a competitive weapon. Steve reinforces the need for end-to-end visibility, stress testing and collaboration.