Last updated on April 18, 2014 at 12:45 EDT

Quintiq Launches ‘The Missing Piece of the Profit Economy’

June 13, 2013

RADNOR, Pennsylvania, June 13, 2013 /PRNewswire/ –

Dr. Victor Allis unveils strategy to enable business leaders to generate

increased profit via optimization and forward planning

Quintiq [http://www.quintiq.com ], 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 [http://www.gartner.com/technology/summits/na/supply-chain ] in

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

A video of the presentation can be found here [http://www.gartnereventsondemand.com ],
and the full presentation can be downloaded via Quintiq’s Slideshare
[http://www.slideshare.net/QuintiqUS/the-missing-piece-of-the-profit-economy ].

“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
[http://www.quintiq.com/solutions/supply-chain-planning.aspx ] (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
[http://www.quintiq.com/solutions/employee-planning-and-scheduling.aspx ], 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
[https://twitter.com/Quintiq ], Facebook [https://www.facebook.com/Quintiq ], LinkedIn
[http://www.linkedin.com/company/quintiq ] and YouTube
[http://www.youtube.com/user/channelquintiq ].

        Press Contacts:

        North America Enquiries
        Jon Temerlies
        Racepoint Group
        Tel: +1-202-349-0859

        EMEA Enquiries
        Charlotte Poh
        Global Marketing Communication Manager
        Tel: +31-(0)736910739



SOURCE Quintiq

Source: PR Newswire