You Should Not Always Have Known Better: Understand and Avoid the Hindsight Selection Bias in Probabilistic Forecast Evaluation
This blog post on forecast evaluation discusses common pitfalls and challenges that arise when evaluating probabilistic forecasts. Our aim is to equip Blue Yonder’s customers and anyone else interested with the knowledge required to setup and interpret evaluation metrics for reliably judging forecast quality. The…
Press Start to Make Your Supply Chain Smarter
In the Fourth Industrial Revolution, visibility equals agility and the business that moves the fastest wins the game. What’s required is a clear view of what the business needs to plan for and then execute: control towers. As with any technology investment, control towers should…
Good AI vs. Bad AI
Blue Yonder and WMG, University of Warwick recently released a report exploring the digital readiness of today’s retail supply chains with only 15% of global retailers reporting prescriptive or autonomous supply chains driven by artificial intelligence (AI) and machine learning (ML). However, over half of those surveyed…
Four Ways Blue Yonder Continues to Innovate After 35+ Years of Success
How do you stay agile, and at the same time, support a vast portfolio of products and customers? Blue Yonder serves a large customer base of companies with a varied set of products and capabilities, all of which are leveraged uniquely by different customers. As…
The Inevitability of Warehouse Robots
Recently, while attempting to leave San Francisco International Airport, I found myself halted by the CAFEX coffee-making robot. Its glistening white arms moved with surprisingly organic fluidity, even attempting to gently swirl the cup’s contents. Instantly, I found myself in an internal social debate, «Is this the…
7 AI Predictions for 2020
Dr. Michael Feindt – founder of Blue Yonder and JDA’s chief scientific advisor – has been researching, understanding, and identifying ground-breaking use cases for artificial intelligence (AI) for many years. As a physicist and data scientist, he is constantly thinking about how algorithms can be…
Retail Pricing: How Leading Retailers Are Leveraging AI to Fight Back
The first blog in this two-part series focused on the primary challenge facing retailers today: mega-retailers have forced prices down, based on their economies of scale and hyper-optimized supply chains. Smaller retailers have responded by creating short-term promotions that draw shoppers into the store, but…
Retail Pricing: Understanding How Power Shifted to the Consumer
Remember the good old days when retailers controlled pricing? With limited competition, they were able to offer standardized assortments across all their sales outlets, purchased in a manner that delivered the lowest possible unit cost. Pricing was based on a set of established rules, defined…
Gazing into the Crystal Ball
JDA’s Crystal Ball event began last year across our two India-based Centers of Excellence to tackle the constant shift in technology head-on through our best asset – our people! We are in our second year of the Crystal Ball events that have become a funnel…
Welcome to 2019: 5 Retail Trends You Need to Know Now
It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up. A unified commerce environment, an on-demand marketplace, social media, growing competition and new technologies mean an evolution in the way we shop. Everything is changing – from pricing…