Case Study: You Can’t Tell Me Anything — When Data Arrogance Destroys Profitability
Real Analytics 101 — Tales from the Trenches
In this chapter
- Introduction
- White Space: The Profit You Can’t See
- Working On vs In the Business
- The Pareto Principle
- ABC Stock Analysis
- The Y2K / ERP Trap
- What Is Metadata?
- What the Data Said
- Outliers: When Averages Lie
- Forecasting: From Guesswork to Precision
- Amazon Chronos
- ERP Implementation & The SPAR Lesson
- Conclusion
Introduction: The Coffee Shop Conversation
I met Alan in a bustling coffee shop on a weekday morning…
“Impossible. I know everything I need to know.”
That line revealed the difference between knowing your shop and understanding your data…