A friend of First Analytics, aware of our safety work in the railroad industry, asked, "so what do you think of all the train derailments?" He had seen reports of three derailments just within the last few days. With the…
With supply chain issues topping recent news, the railroad industry is under scrutiny for how well they operate their networks. As a follow-up to our previous post about railroad industry operating ratio, we here consider how analytics and machine learning…
We previously wrote about Goodhart's law and how it poses a challenge to analytics over a period of time in the sense that "when a measure becomes a target, it ceases to be a good measure." But that is not…
This post is a companion to our previous post, Beyond Data Science: Industrial Engineering. The notion in that article was that there is more to analytics than just data science, the specific case being industrial engineering. For a long time…
With the easing of the pandemic we are beginning to see increased employee turnover in what some are calling the "Turnover Tsunami" Indeed, data from the Bureau of Labor Statistics is beginning to show very early signs of a…
Let us not forget that the CPG industry was THE pioneer in using data and analytics to manage business, as far back as the 1930s. As companies in the coming months deal with reconfigured supply chains, re-imagined product offerings, and…