We Use Data to Solve Real Business Problems

Numerical Insights LLC formed in 2013 when Tracey Smith, decided to use her passion for data and mathematics to help business owners solve their most urgent problems. Ms. Smith has helped many companies use data to improve business performance. Tracey works directly with business owners and their team members as part of a cohesive approach to business improvement.

Problems We Solve

For Inventory Management Leaders

• Reduce out of stock items and alleviate excess inventory (inventory rebalancing using a data-driven approach).

• Demand forecasting (a forecast for every SKU).

• Assess actual lead times vs. contracted lead times.

• Analyze Bills of Materials for part consolidation opportunities.

• Analyze historical sales for production rationalization opportunities.

For Business Leaders

• Assess product profitability to reduce under-performing product offerings.

• Assess sales channel performance at the SKU level (find profit leaks).

• Assess customer profitability to assign varying levels of customer relationship management.

For Finance Leaders

• Free up cash flow by rebalancing inventory.

• Conduct a product rationalization to increase profits and reduce complexity.

About Tracey Smith

Tracey Smith has over 30 years of experience using data analysis to solve practical business problems for medium and large companies.

Ms. Smith holds degrees in Applied Mathematics, Mechanical Engineering and Business from well-recognized universities in Canada and the U.S. Her career spans the areas of mechanical engineering, supply chain and human resources.

Prior to forming Numerical Insights LLC, Ms. Smith led global strategic initiatives for FedEx Express World Headquarters, process improvement projects in supply chain and mathematical simulation creation for an automotive company. She is also Certified Professional in Supply Management (CPSM) through the Institute for Supply Management.