The Datapred blog

On machine learning, time series and how to use them.

Covid-19 and raw materials - The many shapes of instability

on Apr 27, 2020 11:15:00 AM By | Datapred | 0 Comments | predictive analysis procurement raw materials financial markets energy
The Covid-19 crisis is having a violent impact on energy and raw material markets. But the traditional concept of price volatility doesn't capture the many aspects of that instability, and is actually misleading in some cases. Chief Procurement Officers need finer insights to optimize buying decisions in the post Covid-19 world.
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Direct material procurement: beating the market is not the point

Datapred's machine learning software for direct material procurement helps companies save 3-5% off their commodity, energy and raw material costs year over year, through a unique combination of price predictions and constraint optimization.
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