Prime Advantage Blog

Joe Ptak

Joe Ptak is the Manager of Marketing Communications for Prime Advantage. Joe is a perception engineer who contemplates the meaning of life every time he stares at a spreadsheet for too long and has never, Ever, taken an elevator to the 2nd floor.

Recent Posts

The Latest Hack for the Manufacturing Skills Gap

Posted by Joe Ptak on Sep 21, 2017 12:09:16 PM

Much has been made in recent years about manufacturers struggling to find enough qualified employees to fuel their organizations. The rise of automation has squeezed out simpler job tasks and shifted the labor need to more cutting-edge competencies that machines and artificial intelligence simply cannot yet perform without human alliance. The latest strategy companies are employing to fill in this gap is using augmented reality to help teach employees the advanced skills modern manufacturing is clamoring for.  

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Topics: Analytics and Technology

Strategic Sourcing Stage 1: Properly Aligning Goals

Posted by Joe Ptak on Jul 27, 2017 3:54:54 PM

This is a six-part series unpacking the stages of true strategic sourcing.

The means to achieving success in the procurement world have drastically evolved over the years and now hinge on one’s ability to strategically source. Modern businesses demand optimal supply options for the best attainable value from a holistic standpoint. Merely analyzing price or top level attributes is no longer enough to separate from the competition.

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Topics: Strategic Sourcing

Try This Trick When Solving a Problem

Posted by Joe Ptak on Jul 13, 2017 3:22:00 PM

There are an infinite number of ways to attack a problem. Granted, some techniques are significantly better than others -- rebooting your frozen computer is probably a better idea than a series of right-handed jabs to the screen, though both are technically attempts at solving the issue. That said, the solutions we come up with will inevitably always be drawn from our experiences and what we think we know. So the true challenge is to tap into the depths of our brains to pull out the best of what’s floating around in there.

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Topics: Talent and Leadership

5 Supply Chain Risk Myths That Will Cost You a Fortune

Posted by Joe Ptak on May 31, 2017 4:10:00 PM

The moon landing never happened. Lightning never strikes the same place twice. Pigeons blow up if you feed them uncooked rice. As you can see, unsupported, and at times ridiculous, myths are all around us. The world of supply chain management is no different according to Bill DeMartino, General Manager of North America at riskmethods. This was driven home during a recent webinar for Prime Advantage Members entitled, “Five Common Misconceptions in Supply Chain Risk Management.”

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Topics: Supply Chain

How to Maximize Your Cyber Security Without Sacrifice

Posted by Joe Ptak on May 19, 2017 4:15:00 PM

Cyber security is as hot of a topic as there is out there right now. And that isn’t likely to change anytime soon, or possibly ever, as it is estimated that 75 billion devices will be connected to the internet by 2025. This is a matter that touches each and every one of us in our business and personal lives. If properly addressed, being surrounded by connected devices can significantly enhance our existence and elevate what we’re all capable of accomplishing. But if not taken seriously, the ramifications could cause significant hardships and bring our ambitions to a screeching halt.

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Topics: Industry News

How a Buying Group Can Benefit Your Company

Posted by Joe Ptak on Mar 8, 2017 2:00:00 PM

Any well-run business is constantly looking for ways to improve. But the better you are at staying on top of this endeavor, the more it can sometimes seem like you’ve exhausted most of the good ideas. You can reach a point where you’ve done your due diligence and feel pretty confident that you’re making the best decisions on the options realistically available to your company. You can only get so lean, squeeze so much out of your resources, and fine-tune your processes so tightly.

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Topics: Buying Groups and Group Purchasing Organizations

Achieve More with a Group Purchasing Organization

Posted by Joe Ptak on Feb 22, 2017 9:50:00 AM

Group Purchasing Organizations (GPOs) are a great way for manufacturers and businesses to increase resources, as well as get the most out of the resources they already have. Simply stated, GPOs aggregate and leverage the purchasing power of companies to drive down costs. They expand professional networks to elevate opportunities and reduce risks in the supply chain. And they provide market intelligence, vetted connections, engineering solutions, and access to best practices to help businesses make better decisions.

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Topics: Buying Groups and Group Purchasing Organizations

10 Quotes That Will Inspire You and Your Business

Posted by Joe Ptak on Dec 9, 2016 4:15:00 PM

Everyone loves a good quote. We inhale them, forward them to friends, and post them on social media accompanied by comments like, “This.” They sum up exactly what was just on the tip of our tongues. They can explain why we did something, but most often, what we’ve been meaning to do. And more than anything, they challenge us. Not just to pass along, not just to digest, or enjoy, but on how to aspire to live. Which, takes a whole lot of effort. So therein lies the challenge -- to extend the kernels of wisdom past the moment of when we’re just reading them. To be inspired to act the next day, and the next day, and then next day after that. To keep the thoughts sitting at the forefront of our minds and not just in the notes on our phones.

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Topics: Talent and Leadership

Medical Expenses Could Be Hindering Your Employees’ Performance

Posted by Joe Ptak on Oct 20, 2016 2:00:00 PM

What's the number one reason for bankruptcy in the United States? Is it our Amazon Prime addiction? No. Is it our unused gym memberships? Nope. Is it grocery shopping when we’re hungry? No, it's not that either. The actual answer is, medical expenses. Now, fortunately for the majority of us, the financial horror never reaches the point of Chapter 13. However, ever-rising healthcare costs is an issue that creates some degree of stress for all of us. And that stress, could be costing your company enough money to name a wing of a hospital.

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Topics: Supplier and Member Best Practices, Talent and Leadership

Lessons from the World’s Most Innovative Companies

Posted by Joe Ptak on Aug 19, 2016 9:28:00 AM

Most businesses are on a never-ending journey for innovation. Finding revolutionary products, advanced business practices, and better predictive analysis of where industries and markets are heading, shape much of our goals and strategies. Even if your business is far from Silicon Valley on the map or isn’t playing in a space conducive to rewriting the history books, there are still many overarching ideologies we can glean from the ones who are. These are philosophies that can be applied to businesses of any shape, color, or size. Here are some lessons to highlight from Fast Company’s list of The Most Innovative Companies of 2016 that you can incorporate at your organization to infuse more innovation:

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Topics: Industry News

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