Optimizing new product creation with predictive analytics…

Greg Petro, CEO/Founder of First Insight (a comprehensive solution for optimizing new product creation processes, tools, & outcomes through predictive analytics) joins Nataliya Makulova on location at Remode Conference in Los Angeles.

In this episode:

• The ability to structure data from the consumer, and help them through a rich group of modeling which products will rise to the top and decide how to cull down assortment instead of bringing it all to market, instead of leveraging statistical history
• The value of physically produced items
• Goals to help re-use waste
• Trying to get companies to stop making huge numbers of samples
• Digitization of product supply chain
• 3 decision-points people make of industry, and taking a snapshot of those stages
• A time to take that and run on a platform
• Exploring cultures through food and shopping

See omnystudio.com/listener for privacy information.