Category: Forecasting
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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Navigating Today’s Volatile Commodity Markets: Mining
Market Data and Forecasting: Commodity markets are notoriously opaque, and data are scattered, making it difficult to stay on top of all the factors driving prices. We can automate the collection of hundreds of data series, bringing those data straight to your models every time they are released. We currently...
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Are my out-of-date Grind Pricing Formulas costing me millions of dollars?
Value Negotiating the best price for Ground Beef blends can be a tricky proposition. There’s a lot of nuance and the numbers are always in flux. But with the DecisionNext AI decision support and visualization tools, our customers are armed to work more efficiently and negotiate better with suppliers. On...
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Chicken Market Pricing
Dr. David Boussios is the economist driving our teams to leverage data to find answers to complex market problems. In the first of this two-part Chicken Pricing series, David dives deep into this booming industry and helps us to better understand how it all works. The Global Chicken Industry Continues...
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