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Company executives love to blame the bad weather for their poor performance, Weather Company CEO Cameron Clayton told Yahoo Finance On the Move. “That excuse, we are turning it into an opportunity especially for retailers to be able to change the answer going forward to make much better predictions about what kind of stock they need, what kind of staffing levels they should apply and what future trends should be,” he said.Businesses that sign up for Weather Signals submit shipping, stocking and sales data to The Newport box 100s cigarettes, Cheap Newport 100s cigarettes Weather Company. That information is merged with billions of data points IBM’s supercomputer system Watson has collected regarding the weather worldwide. Weather Signals then creates a model unique to each individual business that shows how fluctuations in temperature and even really big storms can affect a business. That kind of information can help a business make more money.

Weather forecasts used to be about 55% accurate but today they are 86% accurate, according to Clayton. “And so basically what I tell people is I will pay you $5 every time we are wrong if you pay me $5 every time we are right,” he said. Cameron adds that helping retailers make better decisions about supply chain can save them millions of dollars.


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