Highly Scalable

MARCH 10, 2015

Retail is one of the most important business domains for data science and data mining applications because of its prolific data and numerous optimization problems such as optimal prices, discounts, recommendations, and stock levels that can be solved using data analysis methods. However, many of these models are highly parametric (i.e.

Retail 152

Retail C++ Analytics Metrics 152

The Agile Manager

SEPTEMBER 30, 2013

Microcomputers improved the efficiency of data collection and made it easy to consolidate operational data. Recessions in 2001 (when businesses reigned in unrestrained tech spending) and 2008 (when businesses reigned in all spending) tightened belts and increased operational scrutiny. Ironically, it had the opposite effect.

Education 45

Education Best Practices Retail Network 45

The Agile Manager

MARCH 31, 2021

Though supremely efficient at sea, Emma and the even larger ships that followed in her wake became a nightmare. Shippers, facing excessive capacity after the financial crisis of 2008, either went out of business, merged, or did deals to fill their ships to capacity. In other words it creates devastating Black Swans.”

Transportation 52

Transportation Retail Traffic Efficiency 52

The Agile Manager

JANUARY 31, 2020

There is an alternative perspective that is far more optimistic : digital companies drive down costs through hyper-efficiency (speed, automation and machine scale) and price transparency. The argument for this invisible efficiency is that economic models have simply failed to change in ways that reflect this phenomenon.

Energy 52

Energy Government Entertainment Transportation 52