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CWI in Bedrijf 2015 Research Theme “Logistics”

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Page 1: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Research Theme “Logistics”

Page 2: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Smart Pricing

• New paradigm: Increase revenue by smart dynamic pricing

• Challenge: ‘Set right price at the right time’

• Scientific: Quantitative models for making optimal pricing

policies (stochastic optimization)

CWI, June 4, 2015

Application areas

• Airlines

• Car rental

• Hospitality

• Bioscopen

• Culture and heritage

• Golf courses

• Airport parking

• Supermarkets

• Restaurants

• Advertisements

• Online Webshops

• Restaurants

• ...

Page 3: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Smart Pricing

• Research at two levels:

– fundamental research with PhD students (influential publications)

– applied projects with MSc students

• Industry collaborations:

CWI, June 4, 2015

• Concept of ‘Controlled Variance Pricing’ • smart way to balance learning and making money

• collaboration with web shops

Page 4: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Case Study: Small-Scale Theater

Unconstraining: estimation of ‘real’ demand

Next: optimal price policy, depending on

– availability of seats

– expected demand and number of days prior to the show

Price test: revenue gain some 15%

Hotel business: come to our stand!

Page 5: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Smart Mobility: Digital Road Manager

• If 15% follow in-car advice: network unstable

• Digital Road Manager (DRM) platform

• Coordination of traffic

• Smart apps and real-life pilots

• Recognition as ‘route-project’ by Ministry I&M

Industry partners:

Page 6: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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mobility solutions all the way

Smart Mobility: Incident Management 2.0 (‘IMEX’)

smart

prevention smart

detection

smart

reaction

smart

recovery

Page 7: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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mobility solutions all the way

Incident Management2.0

Make lane

idle?

Great !!!

Page 8: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Smart Analytics

CWI, June 4, 2015

• Many companies collect large amounts of data….

• … but what exactly to do with it?

• New techniques to extract knowledge out of data

data modeling optimization

Page 9: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Amsterdam Centre for Business Analytics (‘ACBA’)

CWI, June 4, 2015

• Maths & CS & Business Administration & all relevant disciplines

• Bachelor and Master program in Business Analytics

• Postgraduate education in Business Analytics and Data Science

• Multi-disciplinary research centers

• Ecosystem: Business and Science

• One-stop-shop: access to all relevant areas of expertise

Page 10: Research Theme “Logistics”in f 2015 Smart Pricing • Research at two levels: –fundamental research with PhD students (influential publications) –applied projects with MSc

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Research Theme “Logistics”

CWI, June 4, 2015