Let’s lay down some fundamentals. In business you want to achieve the highest revenues with the best margins and the lowest costs. More specifically, in manufacturing, you want your products to be the highest quality (relative to specification) when you make the item. And you want it shipped to the
Stories have been flooding the market lately about artificial intelligence (AI) causing the next world war. Based originally on comments made by Elon Musk (see below), many others are jumping in to share similar fears. China, Russia, soon all countries w strong computer science. Competition for AI superiority at national level
Depending on who you speak with you will get varying definitions and opinions regarding demand sensing and shaping from sensing short-range replenishment based on sales orders to manual blending of point-of-sales (POS) data and shipments. Most companies think that they are sensing demand when in fact they are
TwIn part one of this series, Clark Twiddy, Chief Administrative Officer of Twiddy & Company, shared some best practices from the first of three phases of Twiddy’s journey to becoming a data-driven SMB. This post focuses on phases two and three of their journey. (Read the whole series here.) Phase
For colleges and universities, awarding financial aid today requires sophisticated analysis. When higher education leaders ask, “How can we use financial aid to help meet our institutional goals?” they need to consider many scenarios to balance strategic enrollment goals, student need, and institutional finances in order to optimize yield and
The role of analytics in combating terrorism Earlier this spring, I found myself walking through a quiet and peaceful grove of spruce trees south of the small hamlet of Foy outside of Bastogne, Belgium. On travel in Europe, I happened to have some extra time before heading to London. I
The new government’s vision of Brexit is to make the UK a more international, more outward looking nation. One whose future success and status in on the world stage will be dictated by the ability to attract investment and finance, and to drive trade with existing and new partners. Yet
Following the UK General Election result where no political party secured a clear majority ahead of the Brexit negotiations, it’s fair to say there’s lots of uncertainty facing the UK government right now. This, and the more outward looking post-Brexit era we're facing, are just two reasons why I believe
In a world that never stands still, especially in the post-Brexit whirlwind the UK will soon be entering, it’s imperative that government is agile and responsive. More importantly, how can this capability be arrived at without breaking the bank? The UK Government recently released its Transformation Strategy 2017 to 2020.
Citizens served by the government are increasingly the same digital savvy consumers that market disruptors in banking, retail and utilities are attracting with sophisticated, data-driven online experiences. It’s a mutually beneficial arrangement; consumers get to buy services in ways that suit them while businesses get the efficiencies they want, wrestling
