Category: Uncategorized
Dealing in Disruption – Industry Perspectives with Mike Farrand
Farrand sees this epidemic as stirring up a more fundamental, structural change to the industry. Clues of a ‘new normal’ might reveal themselves across consumer shopping habits or packing plant operational changes. A mix in primal or middle meat demand or slowing line speeds are just two examples of indicators...
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The Beauty of Backtesting in Forecasting
In fact, every forecast will be wrong. The variable is determining how wrong it will be. When a forecasting model lacks validity, it leads to detrimental business decisions, causing more harm than good. That is where backtesting makes a difference With backtesting leading the way to stronger, more accurate forecasts,...
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DecisionNext Announces Hal Sankey & Mike Farrand as Advisors
Sankey is a meat industry veteran who was raised on his family's ranch before serving 32 years across Cargill's Beef and Food Distribution businesses with roles in boxed beef sales, product management, and pricing. His 20 plus years in pricing included 12 years leading the beef pricing team as well...
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The Meat Industry’s Coronavirus Conundrum
Lower demand With the World Health Organization (WHO) officially declaring the coronavirus outbreak as a pandemic, countries across the globe have pushed for an increase in social distancing and quarantines. In many countries, most notably China and Italy, there have been nationwide lockdowns and non-essential shops like bars and restaurants...
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