News & Insights
Unleashing Value: Strategically Marketing a 250kt Iron Ore Shipment
Value With DecisionNext, a large iron ore producer increased profits by an average 6-8% on spot sales. Our solution helped them optimize pricing strategy and reduce the time required to make key decisions. Problem Without accurate forecasts, producers are forced to rely on historical averages, futures markets (if available) and...
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The Importance of AI Forecasting in Commodity Industries
Key takeaways: Globally, commodity markets are experiencing unprecedented market swings, and the traditional forecast models are broken Industries have been slow to adopt cutting-edge technology to improve forecasting decision support With DecisionNext, decision makers now have access to the AI tools they need to make smart, defensible decisions Price volatility...
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The DecisionNext Finished Goods Index Report – May 2024
Finished Goods Forecast Indices: June 2024 (Fig. 1) Figure 1 - DecisionNext finished goods indices for June 2024 (forecast locked on 4/28/24). To see last month’s index, click here. May 2024 Index Report In the March issue, we talked about how Chicken continues to creep up on relatively high prices...
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5 Questions with Karsten Sommer, Mining and Natural Resource Expert
When it comes to supply chain management, integrated business planning, and the need for digital transformation in the mining industry, few people know more than Wolfram. DecisionNext was lucky enough to tap into his wealth of knowledge recently, and we chatted about industry challenges, the future, and AI. 1.) With...
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The DecisionNext Finished Goods Indices – April 2024
Finished Goods Forecast Indices: May 2024 (Fig. 1) Figure 1 – DecisionNext finished goods indices for May 2024 (forecast locked on 3/28/24). To see last month’s index, click here. April 2024 Index Report The latest values show strong signs that summer Hot Dog sales will be HOT, and sales for...
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