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Algorithmic demand forecasting

09 July 2019, Published under Cement News

The use of advanced analytics is now common practice in many industries. It is not only the tech giants such as Google, Amazon and Facebook that apply algorithms to make smarter, faster and unbiased decisions. Players in industries such as natural resources, materials processing and building materials have also started to apply advanced analytics to improve their business performance. A recent publication by the Boston Consulting Group 1 (BCG) makes the case that cement producers need to em...