A recent billion-dollar forecasting error in Walgreen’s Medicare-related business has shocked the company and investors. The CFO was pressured to leave after he cut his 2016 pharmacy-unit earnings forecast from $8.5 billion to $7.4 billion. The company explained that it had not factored in a spike in the price of some generic drugs that it
Replenishment is an essential process in the retail supply chain. It is a key link in the chain that is interconnected with other functions such as allocation, promotions, planning, assortment, vendor compliance, and more. Furthermore, it is...
By: Greta Roberts, CEO, Talent Analytics, Corp. @gretaroberts
In early August, our Director of Marketing reached out to the Editor of a well-known online magazine. They are described as one of the leading voices in the HR profession that serves human resource leaders and professionals. ...
In anticipation of his upcoming keynote conference presentation at Predictive Analytics World Healthcare in Boston, “Real-Time Modeling of Surgical Site Infections,” we asked John Cromwell, M.D., Associate Professor at University of Iowa Hospitals & Clinics, a few...
In the data audit process, canned routines are programmed that can provide analytics practitioners with their first glimpse regarding data quality. Three canned programming routines look at the following: A random sample of 100 records Data Diagnostics...
In anticipation of her upcoming conference presentation at Predictive Analytics World Healthcare in Boston, “Developing a Mortality Prediction Model for Disseminated Intravascular Coagulation (DIC),” we asked Linda Miner, Ph.D., Professor at Southern Nazerene University, a few questions...
(Part 6 (of 11) of the Top 10 Data Mining Mistakes, drawn from the Handbook of Statistical Analysis and Data Mining Applications) -John Elder (elder datamininglab com) I often evaluate promising investment systems, for possible...
In anticipation of his upcoming conference keynote at Predictive Analytics World Healthcare in Boston, “Big Data and Clinical Decision Support,” we asked Marty Kohn, M.D., Chief Medical Scientist at Jointly Health, a few questions about his work...
What if predictive analytics could help prevent acts of terrorism? With so much at stake, should the government responsibly monitor data surveillance? If data privacy surveillance is the route to take, how should the government implement this?...
In anticipation of his upcoming conference keynote at Predictive Analytics World Boston, “Problems, then Techniques, then Toys. Keeping Your Predictive Analytics Right-side Up,” we asked John Foreman, Chief Scientist at MailChimp, a few questions about his...
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