Mining & Natural Resources Archives - Page 2 of 8

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 […]

I see what you did there, Netflix.

The secret trick behind this all too common occurrence has bolstered Netflix to be able to compete and thrive in the modern era of streaming services. And there’s a business takeaway for us all, especially those of us in companies that make high frequency / high value decisions in commodity...

Coffee Machine Learning

Neither. It’s actually a decision based on my ability to predict whether I am going to get a drinkable beverage from my local coffee shop. Here’s the problem: the manager just can’t make a good coffee (I promise I’m not being a snob - I’ve thought of suggesting that he...

Align Man, Machine,…& the Moon

Did you see the movie First Man about NASA’s mission to land a man on the moon? It relates the tumultuous journey that starts with JFK declaring his goal of “landing a man on the moon, and returning him safely to Earth,” and ends with Neil Armstrong taking that first...

Turning Thermal Coal to Copper? Why the Metrics Matter

There would seem to be a good number of reasons not to do this. Firstly, in a diversified mining company everyone who doesn’t work in the copper division suddenly feels slightly subjacent - especially those divisions that contribute more to the Group than copper. I’ve done the calculations for one...

The Commodity Business in Food and Agriculture is Over

the era of the commodity business is over. (more…)

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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