Blog - Page 32 of 34 - DecisionNext

How Data and AI Are Driving the Procurement Revolution

In today’s data-driven world, there’s more access to information than ever before. Maybe even too much. Take the domestic meat industry for example where the landscape has shifted dramatically, especially since the USDA began tracking volume and price on every ribeye and strip loin under the 1999 Livestock Mandatory Reporting Act. The sheer amount of […]

Mining companies’ most important asset – reputation

Benjamin Franklin Readers already know that Mine Insider is fascinated with how mining companies create and destroy shareholder value. Mine Insider has documented the ups and recently the significant declines in value at many mining companies (“$400 Billion reasons why mining management must change”) and the scorecard for recent mining company CEOs...

How to be a successful investor in mining stocks – a checklist of nine ways that mining companies can make money

Introduction (more…)

Prophesies, Oracles and omens – why you should ignore single point forecasts

We have to stop using single point projections of the recent past to justify decisions (see the oil prices forecasts below for one illustration). It’s a given that commodity prices and markets are both volatile and cyclical. Mining analysts typically present their forecasts as a series of single numbers (or...

To cut or not to cut?

So which side is right? The question at the heart of the debate is whether mining companies can influence prices for their products. One side sees price as an externality in which their actions have little influence and the other side believes production decisions can actively shape price. For those...

What is in a Forecast?

Forecasting as a human activity has a long history. In ancient Egypt, priests monitor the level and clarity of Nile River using the Nilometers. From the measurements, they predict how good the crops would be for the coming year. It is fair to say that these priests are one of...

Where Meat-Buying Intuition Meets Artificial Intelligence

DecisionNext has produced this whitepaper which focuses on how its patented machine-learning technology combines with your industry expertise to produce a competitive edge. In this case, we will dive into how today’s new tools build powerful forecast scenarios in order to nail the timing of a buy for holiday beef ribs in highly unpredictable market […]

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