Defining Analytics

September 2017

Opex and Clearwater Paper Speaking at CSCMP on Building and Running a Supply Chain Analytics Center of Excellence

Opex and Clearwater Paper Speaking at CSCMP on Building and Running a Supply Chain Analytics Center of Excellence

Michael Watson Ph.D Partner
We will be speaking with Clearwater Paper on Tues 9/26/17 in Atlanta at the CSCMP Annual Conference at 2:00 PM ET. We will be talking about buildin...
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AI, Sensor-Based Analytics, and a Generational Shift: Three Trends to be Aware of in 2017

AI, Sensor-Based Analytics, and a Generational Shift: Three Trends to be Aware of in 2017

Daniel Kimmel Technical Writer
Opex’s Mike Watson recently appeared on the Supply Chain Television Channel to discuss three defining trends that he has watched develop in the wor...
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July 2017

What Can a Swedish Warship Teach Us About Root Cause Analysis?

What Can a Swedish Warship Teach Us About Root Cause Analysis?

Andy Fox Engagement Manager
We have had some big stretches in our blog posts applying current or historical events to analytics and supply chain concepts (4 Things Nick Saban ...
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June 2017

The Digital World – Competing with Silicon Valley Startups

The Digital World – Competing with Silicon Valley Startups

Kristen Daihes Partner
There was a fantastic article in the Wall Street Journal recently – Wall Street to CEOs: Disrupt Your Industry, or Else. A key message from the art...
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January 2017

Nine Best Practices and Three Pitfalls to avoid in Building Analytics Capabilities

Nine Best Practices and Three Pitfalls to avoid in Building Analytics Capabilities

Kristen Daihes Partner
I often get asked what organization design construct is most effective in building out analytics capabilities within an organization. In canvassing...
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September 2016

Imagining the Supply Chain of 2030

Imagining the Supply Chain of 2030

Kristen Daihes Partner
  I had the opportunity to join the Supply Chain Insight Global Summit last week in Arizona.  As expected, this summit did not disappoint.  Lo...
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March 2016

Discovery vs Production with Big Data

Discovery vs Production with Big Data

Diego Klabjan Partner
It has been noted that big data technologies are predominantly used for ETL and data discovery. The former has been around for decades and is well ...
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February 2016

Mathematical Optimization and Machine Learning

Mathematical Optimization and Machine Learning

Mohsen Moarefdoost Ph.D. Operations Research Scientist
You won’t be surprised if I tell you machine learning, data mining and data science are hot topics today. But, you might be wondering what makes yo...
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January 2016

Why You Need to Understand the Trade-Off between Precision and Recall

Why You Need to Understand the Trade-Off between Precision and Recall

Sam Hillis Data Scientist
(This article first appeared in SupplyChainDigest and was co-authored by Sara Lewis) Recent advances in computing and availability of data have dri...
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3 Things the $1.5 Billion Powerball can Remind us about Expected Value

3 Things the $1.5 Billion Powerball can Remind us about Expected Value

Michael Watson Ph.D Partner
It is hard to avoid hearing about the $1.5 Billion Powerball.  Along with the size of the prize, there has been a lot of attention on your chances ...
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What the Big Short taught us about Stress Testing

What the Big Short taught us about Stress Testing

Sari Nahmad Data Scientist
The Big Short, a box office hit, details how Dr. Michael Burry (and a select few) predicted the credit and housing bubble collapse and made million...
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NPR’s Planet Money Podcast Explain A/B Testing in 15 Minutes

NPR’s Planet Money Podcast Explain A/B Testing in 15 Minutes

Michael Watson Ph.D Partner
NPR’s Planet Money recently did a podcast on A/B testing.  It is worth a listen if you are new to the topic.  A/B testing is a key part of th...
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July 2015

City of Chicago and Allstate:  Case Study in Predictive Analytics

City of Chicago and Allstate: Case Study in Predictive Analytics

Michael Watson Ph.D Partner
Yesterday’s Chicago Tribune ran an article on how All State and the City of Chicago are combining existing data sets with predictive analytic...
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November 2014

CSCMP’s Supply Chain Quarterly:  Three things you should know about Big Data and Analytics

CSCMP’s Supply Chain Quarterly: Three things you should know about Big Data and Analytics

Michael Watson Ph.D Partner
We’ve recently published an article in CSCMP’s Supply Chain Quarterly on the three things that a supply chain manager should know about...
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April 2014

WSJ Article on the Importance of Analytics to Your Career

Michael Watson Ph.D Partner
Yesterday’s WSJ ran an article on the importance of analytics (“Get Familiar With Big Data Now—or Face ‘Permanent Pink Slip’...
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August 2013

Analytics for Small and Medium Sized Firms

Michael Watson Ph.D Partner
A lot of press around analytics is focused on large and exciting projects.  But, analytics can be applied to firms of any size. Northwestern’...
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3D Printing May Have A Big Impact: New IBM White Paper

Michael Watson Ph.D Partner
IBM recently published a white paper called The New Software-Defined Supply Chain.   We had a chance to participate in this work.  They paper discu...
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What is a Data Scientist?

Michael Watson Ph.D Partner
With the rise of Big Data and data in general (see here for a definition of Big Data), there is an increased need for people to analyze that data t...
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July 2013

What is Analytics? Part 2: A Longer Definition with 3 Main Categories

Michael Watson Ph.D Partner
In yesterday’s post, we discussed a short definition of Analytics (“the ability to collect, analyze, and act on data.”). Of course, this is a broad...
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What is Analytics? Part 1: 4 Short Answers

Michael Watson Ph.D Partner
It is clear that analytics is a very hot topic now.  Companies are committed to pursuing analytics and discussing their successes.  Consulting firm...
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