Profit Velocity

03/31/2022

Inflation shows no signs of slowing down and the impact is felt across the organization, for leaders, employees, partners, and customers.

Gartner is hosting a webinar that will be insightful to those asking themselves:

"How will inflation impact my budgets?"
"How will I address the inflationary worries of my customers?"
"What will be the impact of the Russian invasion of Ukraine on inflationary pressures?"

Gartner experts explore the key concerns and challenges that inflation presents across the organization. You will receive practical advice on how to handle inflationary pressures faced by your organization and your clients, as well as answers to your top questions.

https://hubs.li/Q0177SLB0

Understand the key concerns and challenges that inflation presents across the organization and how to address them.

03/23/2022

The first podcast dedicated solely to global automotive supply chain issues is here! The podcast called “Auto Supply Chain Prophets”, is co-hosted by QAD Director of Automotive, Terry Onica and Quistem President, Cathy Fisher, and produced by Gravitas Detroit Founder and President, Jan Griffiths.

The co-hosts have over 70 years of combined automotive manufacturing, quality, and supply chain expertise to help suppliers. 🎙 The episodes are 20 minutes long and discuss "actionable insights for improving the supply chain".

🎧 Where to listen: https://hubs.li/Q016BPB90

Or Spotify and Apple podcasts

03/21/2022

Meet Michael Szuch! Michael leads our Client Solutions, supporting our clients with training, analytical insights, and segmentation. He also supports our commercial activities and client diagnostics.

Michael brings years of experience with the Profit Velocity tool as well as 10 years of Finance experience in reporting and product management for large manufacturing companies. Michael has previously worked at companies including Grant Thornton LLP (US), Newedgeand Ingredion Incorporated.

Fun fact about Michael: he grew up sailing in Washington and became an instructor and captain-for-hire during college in Chicago.

Michael makes waves for our clients every day. Schedule a meeting with our team and leverage our expertise in your business. https://hubs.li/Q0161sHx0

03/17/2022

Consumer prices increased at the fastest rate since 1982 this past December due to challenges like getting goods from factories to customers, supply shortages, and more.

The conflict in Ukraine is adding to supply chain snags in Europe and poses a further threat to economic recovery, potentially prolonging existing bottlenecks that in some sectors were not expected to clear until next year.

It's your lucky day🍀 We have a tool that is helping companies navigate inflationary costs and supply chain snags in real-time, making data-backed decisions to flip their costs right side up.

We love to tell you more about it, schedule a call here: https://hubs.li/Q01612kS0

03/15/2022

Couldn't have said it better myself.

A win for our clients is a win for us. 💯

03/08/2022

It’s . Big shout out to the women in our organization who inspire us daily. And thank you to those who are paving the way in and business as a whole. 🙌🏼

Here is a link to a collection of talks by awesome women who lead fiercely and fearlessly.

https://hubs.li/Q015F3_T0

What happens when purpose and passion overshadow fear? Follow in the steps of these outstanding women who let their ferocity, fortitude and wisdom guide them in living -- and speaking -- their truth. (Curated in partnership with Dove.)

03/07/2022

Globally, the market is growing rapidly, and it is expected to experience an impressive rate of growth in the next few years.📈

Some of the main factors for this prediction are:
The rise in the number of people who are consuming coffee on a regular basis.
The growing demand for coffee from restaurants, hotels, office cafeterias, etc.
The key players in the coffee market are already striving to launch airtight, innovative, and attractive coffee packaging. ☕️
https://hubs.li/Q015nF1N0

The global market for coffee packaging is likely to showcase a fragmented nature with the existence of a high number of players in the market, states a new study by TMR. The players in the market are giving emphasis to novelties in the packaging techniques, which is likely to support the development...

03/04/2022

It's not uncommon for startups to lead the charge in developing innovative solutions when a new, complex problem arises. So, it's no surprise that we are seeing that with the current supply chain problems.

Check out this article about blockchain technology with artificial intelligence delivering a "powerful solution for verifying raw materials are responsibly sourced, and the products made from them are properly recycled later on."

https://hubs.li/Q015n1WL0

When a perplexing new problem emerges, startups often take the lead in bringing to market innovative solutions, writes Oracle's Jason Williamson, who said he's seeing that again with the current supply chain snafus.

02/28/2022

Last week, ProAmpac, a leader in flexible packaging and material science, announced that it has acquired Belle-Pak Packaging. Belle-Pak is an award-winning manufacturer of flexible packaging products.

continues to expand its presence in Canada and extends its reach to high-growth , , and end markets.

Greg Tucker, Founder and CEO of ProAmpac, said, “I am pleased to welcome the talented Belle-Pak team to ProAmpac as we continue our growth in Canada and embark on this exciting partnership. With Belle-Pak’s advanced technology and efficient manufacturing capabilities, our combined company will be well-positioned for continued growth and operational excellence.”

Read the full report: https://hubs.li/Q0151H960

They also just received the BRCGS highest AA+ accreditation that demonstrates compliance in hazard and risk management, hygiene, product safety and quality.

ProAmpac, a leader in flexible packaging and material science, today announced that it has acquired Belle-Pak Packaging (“Belle-Pak”), an award-winnin

02/25/2022

With companies developing their future strategies for remote work, the question of how to maintain engaged and synergistic teams from afar is becoming increasingly important.

"Off-sites are not just about leaving the office, they are about breaking up daily routines that, after nearly two pandemic years, can feel monotonous."

https://hubs.li/Q014XqqF0

Some companies find bonding outside the tasks of a typical workday is more important than ever if that workday remains remote.

02/22/2022

Some common responses to the demand for sustainability in the industry include:

🧴Plastic reduction, for example creating thinner sidewalls on plastic bottles which reduces the plastic required to form the next and closer systems.

♻️ Increasing rPET aka switching from virgin plastic to recycled plastic.

↪️ Returnable programs. Manufacturers are exploring and experimenting with returnable packaging

Lastly, switching to an entirely new format of packaging such as glass, metal, or paperboard. ✨

02/18/2022

Is your sales team selling the wrong products?

Yes, you heard that right. Give us a second to explain.

Not every product in your mix is created equal, and your most valuable products might not be making you the most money. What if you evaluated your business through a profit-per-hour lens? Our solution does that and quickly illuminates actionable profit gain opportunities.

The Profit Velocity tools and methodologies have delivered an average of 450 Bases Points to our customers’ EBITDA.

Don't take our word for it. Check out Stelco’s success story and sign up for a free, zero-commitment demo of our unique time-based profit analytics and data visualization tool. https://hubs.li/Q014pfJv0