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Free cheddar is better: Making business decisions with public data at Grande Cheese #TC18 Dr. Rob Rowbotham, PhD Senior Manager of Dairy Economics and Innovation Grande Cheese Company

Free cheddar is better: Making business decisions with ... · Journey to public data #MadisonTUG. Agenda Introductions: Grande Cheese Company Dr. Rob Making Business Decisions with

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Page 1: Free cheddar is better: Making business decisions with ... · Journey to public data #MadisonTUG. Agenda Introductions: Grande Cheese Company Dr. Rob Making Business Decisions with

Free cheddar is better: Making business decisions with public data at Grande Cheese

#TC18

Dr. Rob Rowbotham, PhD

Senior Manager of Dairy Economics and Innovation

Grande Cheese Company

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Why are we here today?

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Journey to public data #MadisonTUG

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Agenda

Introductions:

Grande Cheese Company

Dr. Rob

Making Business Decisions with Public Datasets

Examinations of Biases

Pulling it together in Tableau

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7

Grande Cheese Company▪ Founded in 1941

▪ Privately held

▪ Based in Wisconsin

▪ Approximately 1,000 Associates

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MILK MARKETING

– World-class milk supply from dedicated family farms

– Early adopters of technology to manage dairy businesses

– Focus on cow comfort and quality milk production

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PREMIUM ITALIAN CHEESES

▪ Nation-wide distribution

▪ Sell only to foodservice distributors, no retail initiative

▪ End-users are Independent Pizzerias & Italian Restaurants

▪ All cheeses are labeled as Grande, never Private Label

▪ 100% all natural; never any added fillers, dry milk powders, colorings, starches, gums, chemicals or mold inhibitors

▪ World leader in cheese quality

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Solves application challenges for prepared food manufacturers

▪ Lowers cost of dairy ingredients

▪ Improves texture and creaminess

▪ Reduces fat

▪ Increases protein

▪ Adds authentic yogurt flavor

▪ Replaces eggs

VALUE-ADDED WHEY PROTEIN

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InformationData Knowledge Wisdom

Doctor Rob’s Journey at Grande

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Making Business Decisions with Public Datasets

TableauSources Bias Access

• Where?• Government

• NGO

• Industry

• Commercial

• Why?• Sources

• Types

• Concerns

• How?• Ease

• Flexibility

• Governance

• Longevity

• When?• Right now!

Sources Bias Access

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Public Datasets

Take Home

How can I use public data to:

• Meet my organization’s objectives?

• Exceed expectations?

The enemy of Great is ______.

DemoSources Bias Access

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Types of Source

• Original Source• Publisher/owner of the data

• Report• News media, analyst, etc.

• Compiled• Service scraping/compiling multiple data sources

• Public or Private ?

• Level of service ?

• Integrity – Stability – Longevity ?

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Federal Government

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Organizations / Companies

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Bias

Know your Source

• Federal Governments• Are the US and China equally

trustable?• Data collection methods

• Censoring

• George Orwell: 1984

• Collection & Reporting Methodology

• Changes over time

• Private Organizations• Mission• Agenda

• Peer reviewed research• Quality

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Examination of Biases

Types of Bias• Selection

• Exclusion

• Information

• Surveillance

• Recall

Focused on visualization creators• Confirmation “The best books…”

• Observer

• Gambler’s Fallacy

• Post-event Rationalization

• Neglecting Probability

• Bandwagon Effect

• Negativity

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Sampling Bias

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Sampling Bias

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Information Bias

Is the data we are sourcing accurate and precise?

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Surveillance Bias

The more you look, the better your get at finding

Recall Bias

We tend to remember exceptions

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Bias Creating Visualizations

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Confirmation Bias

More likely to confirm what one believes

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Observer (experimenter, researcher) Bias

Tendency to see what we expect to see

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All “free” data comes at a cost

• Data requires preparation and care• 3rd party sources require more scrutiny

• Formatting may be an issue• Joins, Blends, etc.

• Always attribute sources

• Skepticism• Why available?

• Peer reviewed?

• Audited?

• Biases?

• Good methodology (biases)?

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Types of Access

Copy & Paste or Key Data

Download Dataset

Link or API

Custom

Fu

nc

tio

na

lity

Easy Im

ple

me

nta

tion

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Today’s Example - top of the pyramid

Custom Database Access - UDMDirect

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Source → UDMDirect → Grande

• UDMDirect sources data from original sources only• Some easy, some difficult

• Timely for market sensitive data (seconds)

• Record level source tractability

• Small number of APIs for large number of data sources• All APIs are functionally the same

• Daily

• Weekly

• Special (Chicago Mercantile Exchange)

• Soft deletes and time stamps• Revision History

• Monthly

• Annual

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Unified Dimensional Model = UDM = Understanding Dairy Markets

UDM

Data SourcesClient Tools

Data Mart

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UDM Data Structure (time series) → Tableau

Value

Report

Category

Publisher

Source

Area

Series

Unit

Measure • Context• Explanation• Usage

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CME Spot Market Overview

Replace legacy report with Tableau Visualization

Quick overview BAN

Details presented (tables)

Line chart adds meaning

UDM + Tableau = Simple

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US Milk Production and Cow numbers

Maps and Charts

Dairy Economists publish regularly

Power & Value come from

• User control

• User Interaction

• Tableau functionality

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…and one visualization to rule them all

The power of Tableau with well organized public data

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World Milk ProductionUDM + Tableau makesVisualization Easy

Filter for production data

Table Calculation for YOY

Calculated Value (use) to hide incomplete data series

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World Milk Production

UDM [Units] column + Tableau makes Visualization Easy

[D per M] is Days per month

Convert different reporting units around the world to our corporate standard (pounds)

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Same simplicity

Marks card “loaded” for tool tips

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50+ Charts

1 Viz!

Key: Quick Filter - Name!

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Replace 5 legacy reports

Bonus: Interactive

Process: Straightforward

Pills: 12 = clean & easy

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Take home: Grow your business

• Public data has value and can impact your business

• Use original source if possible

• Be aware of long-term costs and values

• Be aware of biases

• Take action next Monday• Seek out and use public data for your business

• Connect with your local Tableau User Group (TUG)

• Email and collaborate

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Please complete the

session survey from the

Session Details screen

in your TC18 app

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Thank you!

#TC18 #MadisonTUG

Dr. Rob Rowbotham

Senior Manager of Dairy Economics and Innovation

Grande Cheese Company

[email protected]