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Maine Pointe In The News

Maine Pointe Article Featured in National Association of Manufacturers (NAM) Leading Edge SmartBrief

5 factors to know for the post-pandemic supply chain

National Association of Manufacturers (NAM): Changing post-pandemic consumer behaviors suggest manufacturers take a hard look at five key factors relating to their supply chains: diversifying the supply base; supply and manufacturing capacity; supply chain resilience; digitization and automation, and risk mitigation. In an article penned for Chief Executive magazine, Maine Pointe Founder and CEO Steven Bowen examines each factor and reviews an instructive case study.

Full Story: Chief Executive 

 

Topics: Total Value Optimization Board of Directors manufacturing Supply Chain Optimization Maine Pointe operations strategy Supply Chain Collaboration digitization Risk Mitigation supply chain management CEO risk Coronavirus Supplier Optionality pandemic Risk Management globalsupplychain

Revitalizing the Aerospace and Defense Sectors

For the aviation, aerospace and defense industry to continue to innovate, it needs to overcome resistance to change and have a new supply chain strategy going forward.

Topics: Total Value Optimization Board of Directors Aerospace manufacturing Supply Chain Optimization Maine Pointe operations strategy Supply Chain Collaboration digitization Risk Mitigation supply chain management CEO Michigan State University MSU Supply Chain Aviation MSU Aerospace Manufacturing #aerospace industry defense risk Coronavirus Supplier Optionality pandemic Risk Management globalsupplychain Aviation, Aerospace and Defense

Chief Executive: Maine Pointe Article "Post-Pandemic Adjustment: Getting Your Supply Chain Right"

Supply chain transformation. The pandemic highlighted the risks of focusing too sharply on driving down costs, writes Maine Pointe CEO Steve Bowen in Chief Executive, who shares a detailed look at how one multibillion-dollar nylon manufacturer achieved a 15-percent reduction in inventory while enjoying a $15 million improvement in EBITDA.

 

 

Topics: Total Value Optimization Board of Directors manufacturing Supply Chain Optimization Maine Pointe operations strategy Supply Chain Collaboration digitization Risk Mitigation supply chain management CEO risk Coronavirus Supplier Optionality pandemic Risk Management globalsupplychain

Maine Pointe Article Featured in NACD Directorship Magazine: Rethinking the Supply Chain

In Practice

Rethinking the Supply Chain

November/December 2020 by Steven Bowen

In the post-pandemic rebalancing phase, companies will reevaluate their entire business model—from sourcing to manufacturing to shipping—to be better prepared for the sea change that is taking place. What can the board do?

Topics: Total Value Optimization Board of Directors manufacturing Supply Chain Optimization Maine Pointe operations strategy Supply Chain Collaboration digitization Risk Mitigation supply chain management CEO risk Coronavirus Supplier Optionality pandemic Risk Management globalsupplychain

Maine Pointe Featured Panelist: Petrochemical firms preparing for recovery


View the article in Plastics News here.

Maine Pointe's Mark Montanari served on a recent webinar panel hosted by Petrochemicals Update and Reuters News. The panel included executives from BASF Corp. and Saudi Basic Industries Corp (SABIC) discussing the short – long term impact on the North American petrochemical supply chain industry. As the petrochemicals industry moves into recovery mode from COVID-19, Mark said firms will look at who their right #supplychain partners are. "They might create new partners if they think the old ones are too risky," he said. "They'll rethink relations across the value chain."With supply chains coming under greater scrutiny, transforming the supply chain into a tool for creating shareholder value is an art form that extends its scope and transforms it digitally. The presence of a hyperconnected global supply chain – along with unexpected risks like the global pandemic – have pushed the CFO’s office into a much more strategic role.

 

Topics: Total Value Optimization Chemicals Board of Directors manufacturing Supply Chain Optimization Maine Pointe Mark Montanari construction industry operations strategy Supply Chain Collaboration Risk Mitigation CFO supply chain management CEO Coronavirus resliency pandemic TD Ameritrade Network disruption COVID-19 petrochemicals petrochemicals industry #chemicals industry Risk Management plastics

Maine Pointe in Forbes: 6 Ways CFOs Can Manage Risk And Create Supply-Chain-Driven Value


View the Forbes article here.

With supply chains coming under greater scrutiny, transforming the supply chain into a tool for creating shareholder value is an art form that extends its scope and transforms it digitally. The presence of a hyperconnected global supply chain – along with unexpected risks like the global pandemic – have pushed the CFO’s office into a much more strategic role.

 

Topics: Private Equity Total Value Optimization Board of Directors manufacturing Supply Chain Optimization Maine Pointe operations strategy Steve Bowen Steven Bowen Maine Pointe Supply Chain Collaboration trade war Risk Mitigation CFO supply chain management CEO Coronavirus resliency pandemic TD Ameritrade TD Ameritrade Network disruption COVID-19

Supply Chain Strategies Forge Closer Ties With Shareholder Value

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.

Topics: Total Value Optimization Board of Directors Cost, Cash, Growth CEOs Supply Chain Optimization Global Supply Chain Institute Maine Pointe Steven Bowen Maine Pointe Shareholder Value CFOs Value Creation

The Inextricable Link Between Shareholder Value and Supply Chain Performance

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.

Topics: Total Value Optimization Board of Directors Cost, Cash, Growth CEOs Supply Chain Optimization Global Supply Chain Institute Maine Pointe Shareholder Value CFOs