Forecasting Archives - Page 2 of 2

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 experience to price goods Understanding […]

Add Value to Formula Program with Smart Spot Buys

Value DecisionNext customers save on average $0.05-0.20/lb when we quantify the impact of spot market decisions compared to formula prices during the same time periodDecisionNext customers save on average $0.05-0.20/lb when we quantify the impact of spot market decisions compared to formula prices during the same time period. Problem Your...

Market Forecasting—Part 2

The legendary MLB catcher Yogi Berra once said, “It’s tough to make predictions, especially about the future.” Market Forecasting definitely helps but you need to know How to Do It & Consume It (Part 1). But building the forecast is only half the battle. You also need to know how...

Market Forecasting—Part 1

DecisionNext CEO and co-founder Mike Neal and his team have done a lot of interesting thinking around decision making, forecasting and AI technology over the years. In this two-part how-to series, Mike brings it all together and shares valuable market forecasting insights and modeling knowledge that can help you make...

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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