A smart example of how to maximize capacity and utilization
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In the business 20 years ago, wheat markets would move a dime a day, and that was a big move," explains ConAgra President Bill Stoufer. "Today we move in 50 cents or a dollar range [in the same time period] and when you're dealing with that kind of volatility, 5 to 6 percent of our customers' prices moving each day, they demand more from us to help predict the future as we go forward." In this video, Stoufer explains the current environment and how IBM technology helped establish a predictive analytics system that allows the company to keep up with constantly changing prices in order to effectively adjust its production output. ConAgra's solution package: In partnership with SignalDemand, the company uses IBM BladeCenter E Series, IBM ILOG CPLEX, IBM Cognos Business Intelligence, SAP ERP, and SAP Supply Chain.