Tag: decision support

Tom Stock 0
Decisions first!

I moved to Australia from Belgium two months ago for a short-term assignment. I am very concerned by the exchange rate. My dollars have lost over 15% of their value in euros and I share my frustration around me. People tell me, "Just wait, it cannot stay so low, the

Leo Sadovy 0
Why analytic forecasting?

Because you are already halfway there and you should want the entire process to be data-driven, not just the historical reporting and analysis.  You are making decisions and using data to support those decisions, but you are leaving value on the table if the analytics don't carry through to forecasting.  In the

Leo Sadovy 0
External data: Radar for your business

How much of your business performance (profit) is driven by external factors versus internal?  A figure of 85% compared to 15% was mentioned at last month’s Manufacturing Analytics Summit, and although I could not find the study mentioned to confirm, it feels about right to me.  Certainly more than half,