Assessing Your Profit Risk Due to Volatility

Oftentimes in business, we are forced to live with uncertainty.  Really, nothing is certain, but even moreso certain volatile costs like gasoline, produce and currency exchange rates.  For example, a quick look at the following price of regular gas (credit: shows some pretty heavy fluctuations between $1.70 and $2.80 per gallon for 2015 and 2016 YTD.

How To Quit Non-Value Added Reports

As we mentioned previously, data is being collected at a record and ever increasing pace.  While the mounds of data continue to grow, businesses continue to invest in IT infrastructure, data warehouses, and software solutions.  They also spent a lot of time cleansing, manipulating, and scrubbing data to get to the information that they need.

What Is Your Logistics Data Worth?

Most areas of your organization are generating data faster than ever, and your supply chain and logistics functions are no exception.  However, we often find that this data is used to make more simple daily decisions, such as which trucks to send via existing lanes and providers, rather than more complex changes that result in significant ROI for the organization.  Here are a few analytics techniques that we find useful, and can greatly reduce your shipping and logistics costs.

Five Analytics Must-Haves For Your Business

According to IBM and other sources, over 90% of the world’s data has been created in just the last two years.  At first that sounds crazy, but if you stop to think about it, we now have sensors counting visitors to stores, POS systems that track customer information, and just about any detail you can think of around each part that is manufactured and each item that is sold.

Why Your Sales Are Hurting Your Profits

Many sales organizations are driven by either revenue or margin targets.  The more the sales staff sells, the more commission is paid out, and the better they perceive both their own and their company’s performance.  After all, it is comforting to know that your pockets are deeper at the end of the day, right?  Well, maybe that is not the case.

IT Is Not Analytics. Here’s Why.

A CEO that I worked for once gave me the following feedback when I proudly sent him an Excel file containing the data that he had asked me for less than an hour prior:

Never give me data.  Only provide me with information.

The Big Data Myth

Big Data has become the craze of the business world.  Companies are spending millions of dollars on the latest technologies and are hiring data scientists in droves, seemingly in a rush to stay technologically relevant.  But what is “Big Data” and is it right for your business?  For many organizations, the answer may come as a surprise.

The definition of Big Data is as varied as the companies that claim to have it.  Consider this definition from a quick Google search:

noun: big data

  1. extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially ...

Data Detox: The Importance of Cleaning Your Data

Imagine enjoying years of everything going your way.  You land a great job, you have an amazing family and friends, and you live in your dream home in your dream city.  In fact, the only real problem that you have is finding the time to fit everything and everyone into your busy lifestyle.  But, rather than sacrifice your dedication to your job, or time with your spouse and children, you instead forget to focus on yourself.  Rather than engaging in regular fitness and eating healthy, you have evolved a sedentary life as a desk jockey, and your idea of a ...