When does increasing prices go too far? That is the question one replacements auto parts manufacturer asked themselves amid a recent string of record organic revenue and profits and the answer should serve notice to the rest of the auto parts industry.
When building a statistical forecast, the best foundation to start from is with your company’s own transactional data. However, once you’ve progressed to evaluating variations in seasonality and explaining unusual errors in your forecast, you may find [...]
Airlines spend millions of dollars annually on advertising, showcasing their brands and fares across the spectrum of digital, radio and television. However, there is typically little science behind those marketing decisions, with no rigorous analysis to [...]
“In God we trust. All others must bring data.” – W. Edwards Deming, engineer, statistician, professor, author, lecturer, and management consultant
Automotive Manufacturers (OEMs) spend tens of billions of dollars annually in incentives such as rebates, cashback, special financing, and lease deals to move excess inventory and to gain market share. It’s been over a decade since the auto industry began [...]