I recently made a post on the aftermarketanalytics.com blog on Moneyball & the Automotive Aftermarket. Please check it out and, as always, leave a comment and let me know what you think! Just to give you an idea of what the article is all about, here are the first couple paragraphs:
In Moneyball, a bold GM for the cash-strapped Oakland A’s begins using a flavor of analytics called Sabermetrics to identify undervalued baseball players who can help the team win without breaking the bank. Despite resistance from baseball’s old-school veterans, the approach is successful and the A’s overachieve by posting a winning season despite a payroll that is dwarfed in comparison to the New York Yankees and most of the rest of the league.
The use of analytics now seems to be firmly established as an important component in professional baseball management. Sabermetrics doesn’t replace the need for veterans of the game who can identify talent and the intangibles that make great baseball players and winning baseball teams, but it does add a critical and previously missing element to the business of baseball. I see the Automotive Aftermarket embarking on a similar journey in the coming years, although I’m not expecting Brad Pitt to star as the CEO of NAPA in a blockbuster movie anytime soon..”