Predictive Analytics in Pork Production



Similar documents
ANALYTICS STRATEGY: creating a roadmap for success

Auto Days 2011 Predictive Analytics in Auto Finance

Better decision making under uncertain conditions using Monte Carlo Simulation

Monte Carlo Simulations for Patient Recruitment: A Better Way to Forecast Enrollment

<Insert Picture Here> Working With Dashboards for Risk Measurement

Selecting for Robustness in Pigs

HSR HOCHSCHULE FÜR TECHNIK RA PPERSW I L

SaPHAL Sales Prediction powered by HANA and Predictive Analytics

We are proud to be a part of MetaFarms as we continue to lead the industry forward, and look forward to continuing our innovation in the future.

QUEST The Systems Integration, Process Flow Design and Visualization Solution

BEST PRACTICES IN DEMAND AND INVENTORY PLANNING

Predictive Maintenance for Effective Asset Management

IBM Analytical Decision Management

Are you tired of wondering where your next sale will come from? You Can With Our Lead Generation Software

PulseTerraMetrix RS Production Benefit

Traders World Expo VII

Risk Analysis Overview

SAP APO SNP (Supply Network Planning) Sample training content and overview

QAD Business Intelligence Dashboards Demonstration Guide. May 2015 BI 3.11

Optimization: Optimal Pricing with Elasticity

Open Source in Financial Services: Meet the challenges of new business models and disruption

Setting smar ter sales per formance management goals

Life Insurance Modelling: Notes for teachers. Overview

Oracle Real Time Decisions

IT & Management Consulting Services

Keeping up with the KPIs 10 steps to help identify and monitor key performance indicators for your business

Business Value Guide CLINICAL TRIAL FORECASTING A WEB-BASED PERFORMANCE MANAGEMENT APPLICATION

The best invention since pig equipment.

ElegantJ BI. White Paper. The Competitive Advantage of Business Intelligence (BI) Forecasting and Predictive Analysis

A Glimpse at the Future of Predictive Analytics in Healthcare

Monte Carlo analysis used for Contingency estimating.

How To Make Data Streaming A Real Time Intelligence

Talend Real-Time Big Data Sandbox. Big Data Insights Cookbook

The Essential CMO Guide to an Agile B2B Marketing Plan

Justifying Simulation. Why use simulation? Accurate Depiction of Reality. Insightful system evaluations

Contextual-Bandit Approach to Recommendation Konstantin Knauf

UTRADE Online Trading Platform Demo

Image Management 101. Understanding Cloud PACS for the Private Practice. A Publication by DICOM Grid

Making confident decisions with the full spectrum of analysis capabilities

birt Analytics data sheet Reduce the time from analysis to action

PREDICTIVE AND OPERATIONAL ANALYTICS, WHAT IS IT REALLY ALL ABOUT?

Big Data Analytics. Copyright 2011 EMC Corporation. All rights reserved.

Spike Trading: Spot FX Vs Futures

Sage 200 Business Intelligence Datasheet

Data Center Infrastructure Management. optimize. your data center with our. DCIM weather station. Your business technologists.

Technical Elective Tracks

QMB Business Analytics CRN Fall 2015 W 6:30-9:15 PM -- Lutgert Hall 2209

Choosing the Best Pricing Techniques to Address Consumer Goods Pricing Challenges A Current Best Practices Paper

QMB Business Analytics CRN Fall 2015 T & R 9.30 to AM -- Lutgert Hall 2209

Food Traceability Best Practices in the Age of Big Data

Installing Lync. Configuring and Signing into Lync

ICT Perspectives on Big Data: Well Sorted Materials

Nine Use Cases for Endace Systems in a Modern Trading Environment

Secure Collaboration User Guide for Workspace Creation and Use

Automatic Inventory Control: A Neural Network Approach. Nicholas Hall

Design of an FX trading system using Adaptive Reinforcement Learning

Best Practices. Follow these instructions for comparing QuickSims:

SIMULATION TOOL FOR MANPOWER FORECAST LOADING AND RESOURCE LEVELING. Mikhail Hanna Janaka Y. Ruwanpura

Project Cash Flow. Scenario Testing

Simulation software for rapid, accurate simulation modeling

INTRODUCTION TO DATA MINING SAS ENTERPRISE MINER

Get Your Head in the Cloud

Real World Rules for Lead Scoring & Prioritization. What Really Defines a Hot Prospect?

Sage 200 Business Intelligence Datasheet

HIGH ON THE RISK RADAR REPUTATION RISK

Backward Scheduling An effective way of scheduling Warehouse activities

Session Description. Slide 2

BEDIFFERENT ACE G E R M A N Y. aras.com. Copyright 2012 Aras. All Rights Reserved.

Problems, Methods and Tools of Advanced Constrained Scheduling

Business Intelligence and Big Data Analytics: Speeding the Cycle from Insights to Action Four Steps to More Profitable Customer Engagement

Tapping the benefits of business analytics and optimization

Collaborative Forecasts Implementation Guide

Using predictive analytics to maximise the value of charity donors

Scoring Sales and Stretching Marketing Dollars SECRETS OF WEB-BASED SALES AND MARKETING MANAGEMENT REVEALED

QAD Business Intelligence Overview Demonstration Guide. May 2015 BI 3.11

Integrate Big Data into Business Processes and Enterprise Systems. solution white paper

Data-Driven Decisions: Role of Operations Research in Business Analytics

PORTFOLIOCENTER USING DATA MANAGEMENT TOOLS TO WORK MORE EFFICIENTLY

AMR Automated Medical Record Paper based record with some computer generated documents

Dynamic Simulation and Supply Chain Management

Threat Intelligence Pty Ltd Specialist Security Training Catalogue

Last Updated on 11/06/

Development at the Speed and Scale of Google. Ashish Kumar Engineering Tools

Executive Summary BIG DATA Future Opportunities and Challenges for the German Industry

Increase your Performance with the PSA Suite for Microsoft Dynamics CRM

Generating Leads While You Sleep

Transcription:

Predictive Analytics in Pork Production Chad Grouwinkel Senior Manager, Pork Productivity Solutions, Zoetis

Agenda An Innovative Predictive Analytic Model 1. What is Predictive Analytics? 2. Application to the Pork Industry 3. Why is this Different? 4. Hogistics, What is it and How does it work? 5. Producer Experiences 6. Questions & Answers

Predictive Analytics by Definition Predictive Analytics Encompasses a variety of statistical techniques from modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future events. In business, predictive models exploit patterns found in historical and transactional data to identify risks and opportunities. Models capture relationships among many factors to allow assessment of risk or potential associated with a particular set of conditions, guiding decision making transactions.

So What is Computer Simulation Modeling Computer Simulation Modeling The imitation of a dynamic and variable system using a computer model in order to evaluate and improve system performance. In a field of simulation, a discrete event simulation (DES), models the operation of a system as a discrete sequence of events in time. Eachevent occurs at a particular instant in time and marks a change of state in the system. Between consecutive events, no change in the system is assumed to occur, thus the simulation can directly jump in time from one event to the next

Why Do We Simulate? to avoid the risk in the error of averages Avg. Depth 10 ft. I wonder if I have the right Target Weight defined to maximize profit this summer. 10 ft. Danger of basing decisions on averages

Pork Production Applicability Complex dependencies can lead to unintended consequences Load Scheduling Packer Grids Weather Sort Loss Barn Down Time TIME Farrowing Availability Feed Ingredient Selection Health Status Input Costs Systemic interdependencies and Real World variability will INCREASE the likelihood that decisions produce unintended consequences

Whiteboard and Brute Force Can t answer complex questions or Help make strategic decisions

Current Pork Production Analytics Commercial & Customized Numerous and commercial and home-grown database systems used to collect, organize and utilize data, yet noneusesophisticated discrete event simulation (DES) modeling No broadly accepted standard solutions to accurately, effectively or dynamically predict growth, mortality and weight distribution in wean-grow-finish phase

Challenges with Current Practices Excel spreadsheets do not deal with variability or change with respect to time Monte Carlo/Excel simulation deals with variability, yet neglects the effect of time-based effects Lack of confidence in the static nature of current tools for both operational and strategic purposes DES does not exist in current pork production modeling systems Until now!

Hogistics What is it? An automated, data-driven, predictive analytic model that: Acts like a pork producer s own production system Takes into account historicaland behavioralaspects of the producer s finishing operation More accurately predicts weight, pig flow, mortality and weight distribution by week on feed Enables precise and faster marketing decision-making

Producer Subscribes to a Weekly Report The initial deliverable of Hogisticsis the Weight Prediction Report Predicts dynamic pig weight over time Identifies the high probability Top Out week Aids Marketing Specialists by informing them of what pigs in what quantities will be available Provides the spread of weights of all other pigs so producers can plan follow on cuts Web Enabled (downloadable and printable)

Daily/Weekly Weight Prediction Report (Not Selling tab) WEIGHT BY WOF WEIGHT BUCKETS How many pigs in what buckets ACTUAL PREDICTED

Daily/Weekly Weight Prediction Report (Selling tab) WEIGHT BY WOF WEIGHT BUCKETS How many pigs in what buckets ACTUAL PREDICTED

Customer Experiences Advanced warning of market weight Hitting the grid more often Efficient use of manpower Reduces guess work If you get your timing right, you re going to hit those packer grids more consistently. For me, putting the most amount of pigs in the grid is the primary objective. Everything else revolves around that. Right now, you could be scheduling them before you mark them. If I can eliminate trial and error by having more accurate information, that would help us a lot to make improvements.

How Does Hogistics Work? 1 Scenario Sandbox Scenario Sandbox Use Steps Loads automatically integrated (web based) inputs 1) Behavioral flow data 2) Integrated status data 3) Site based data It is the integration of these historically relevant data sets with status data and true predictive 2 modeling that has not been tried. Integrated Input 3 Solution Runs Automatically And what will make this a robust and repeatable process. Weight Prediction Report Crosshairs of Opportunity

Hogistics Uses Feed to Produce Weights Utilizing cumulative feed intake tuned with producer historical growth, we have a robust way to more accurately predict pig weight over time 400 Pig Weight = Anchor * (Cumulative Feed Intake) ^ Shapea 350 300 Pig Weight 250 200 150 100 50 0 In addition, the solution has the ability to have the individual Growerbased hog weight population spread on each growth curve. 50 100 150 200 250 300 350 400 450 500 550 600 650 700 750 800 850 900 Cumulative Feed Intake

Hogistics Accounts for Reality Realistic effects can then be layered on top of the growth curve over time Seasonality (summer heat) Virtually any other initiative may be modeled (disease outbreaks, etc) 350 Pig Weight = Anchor * (Cumulative Feed Intake) ^ Shapea 300 250 Pig Weight 200 150 Summer Months 100 50 0 50 100 150 200 250 300 350 400 450 500 550 600 650 700 750 800 850 900 Cumulative Feed Intake

Hogistics Accounts for Reality Seasonality Effect Sample Weeklyeffect of seasonality represented as a % of feed intake above or below the average across any year

Hogistics Demo Web Portal Sign-In

Questions & Answers