Blog - Page 9 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 […]

Atlases to Apps: Navigating the Evolution of Decision-Making Technology

Raise your hand if the following words make your head spin with ambiguity and overuse: big data, machine learning, artificial intelligence, predictive analytics — the list goes on and on. If you surveyed 10 people, you’d probably get 10 different definitions for each of these buzzwords — and probably more...

IDDBA Show Anaheim, 2023: Recap

More than 10,000 industry attendees descended on Anaheim, CA in early June to interact with over 800 exhibitors. With these staggering attendance numbers, the IDDBA show is the largest industry-only show for dairy, deli, bakery, and foodservice in the U.S. Going into the show, the IDDBA announced the five guiding...

The DecisionNext Finished Goods Index Report – July 2023

Hotdog vs. Hamburger Deep Dive Taking a closer look at what is driving the unit cost of hamburgers down while driving the unit cost of hot dogs up. The market is currently experiencing record high beef prices causing farmers to rush animals to harvest well below seasonal weights. As a...

Five Meaty Questions with Bill Rupp

DecisionNext has a long list of experienced customers, partners, industry advocates, and friends that know a lot about the meat industry. We are honored this month to have met with meat industry veteran, entrepreneur, and Meatingplace Knowlton Award Winner for innovative contributions to the meat industry, Bill Rupp. 1) What...

The Beauty of Backtesting

There is no such thing as a crystal ball. In fact, every forecast will be wrong. The real value in a forecast is having an accurate understanding of how wrong it will be. In other words, the real value lies in quantifying the uncertainty or risk associated with that forecast...

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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