Is Data Science the new Snake Oil

Big Data: New Oil or Snake Oil?  Data is popularly referred to as the new oil. Whether it is the fuel that grows your business, or snake oil which does nothing but burn a hole in your pocket is the million(multi?) dollar question. Big Data and its value have got two perspectives: as a valuable …

Machine Learning in Manufacturing supply chains

Pain areas in supply chain management Demand forecasting is one of the most critical functions of a supply chain management (SCM) team, and one where the team struggles the most. Current tools often present inaccurate results, causing errors in the procurement process. This usually because these tools are too narrowly configured to be able to …