IISE’s Outstanding Capstone Senior Design Competition &

Award

A Rapid-Fire “Elevator Pitch” overview of the Finalists for the 2019-2020 Outstanding ISE

Capstone Sr. Design Awards

D. Scott Sink, Ph.D., P.E.

Moderator

Chairperson, IISE

Honors and Awards Committee

Chairperson of the Committee:

Steve Savoie

Sr. Mgr. IE

GM

Webinars that Matter in Times of Turblence9 September 2020

Thank You to Our Partners and Sponsors

IISE Professional Affinity GroupsSponsors of this Award

Housekeeping

A webinar recording will be made available after the

session, follow up e-mail you will receive tomorrow.

Download the presentation DURING the Webinar, before

it ends!! and request extra handouts after the webinar.

Questions? Scott will review them as they come in and

integrate into the dialogue as appropriate and time

permits

Follow up questions are welcomed and contact

information is provided at the end of the presentation.

And, the Recording and Presentation pdf will be available

on IISE’s website for IISE members shortly after the

webinar date—Training/Webinars/Performance

Excellence. Membership Has Privileges!!https://www.iise.org/details.aspx?id=46729

Intermodal Dray Driver Scheduling under Daily Freight Imbalance

using Forecasting and Stochastic Optimization

Irina Britten, Lexxy Gentile, Wesley Nimmo

Power BI Dashboard

J.B. Hunt Intermodal Dray Operations Our Approach

Impact Analysis

Headquartered in Lowell, Arkansas, J.B. Hunt Transport Services, Inc., is a Fortune 500 company comprised of four divisions. Our interest is in their largest division, J.B. Hunt Intermodal (JBI). JBI provides freight delivery services to customers using a nationwide network of railways (trains) and trucking terminals (drayage). We are focused on Dray Operations, which is responsible for planning the deliveries and pickups of truck loads for each customer

We recommend a dray operations driver schedule based on forecasted demand, simulation of demand uncertainty, and a stochastic optimization model.

Stochastic Optimization of Driver Schedules

The stochastic optimization model determines the number of drivers to employ for the next 7 days and how to distribute them throughout the week. The optimization model minimizes the total costs of employing and outsourcing drivers while ensuring that demand is met for each day in each scenario/

Delivery

Customer

TerminalEmpty

Loaded

Pickup

Customer

TerminalLoaded

Empty

Freight Imbalance in Dray Operations

Using tours increases dray operations productivity, but freight imbalance – more pickups than deliveries or vice versa – makes planning tours difficult.

JBI asked us to develop a data-driven methodology for establishing

weekly dray operations driver schedules based on forecasted

demand and freight imbalance.

Triple exponential smoothing produces reliable 7-day pickup/delivery forecasts by accounting for observed trends and seasonality during the previous 6 weeks.

Forecasting Pickups and Deliveries

Simulating Demand Uncertainty

A Monte Carlo simulation samples from the error term of the forecasting models to create 30 different demand scenarios for the upcoming 7 days.

The Power BI dashboard pulls historical data, executes our methodology, displays the recommended schedule, and analyzes the results.

Applying our tool to 2019 data demonstrates potential saving of in the millions of dollars per year, reductions in outsourcing, and reduced needs for driver employment.

Navigating your Business Through the COVID-19 Crisis—7 April

Business Continuity Strategies and Tactics in Periods of Major Disruption—16 April

James A. Tompkins Ph.D.

Chairman, Tompkins

International

Dave and Jim in open dialogue with update

thoughts, suggestions, ideas for continuing to

manage and lead through this disruptions.

David Poirier, P.E.

CEO The Poirier Group

President, IISE

29 Sept.7am -9 am Eastern

Registration URL for the 29th of Sept Webinar

https://attendee.gotowebinar.com/re

gister/5809249203593974031

IISE’s Annual Conference

Membership Has Privileges—Consider joining IISE? https://www.iise.org/Annual/details.aspx?id=560

Attend our

Performance

Excellence Track

Customer and Member Satisfaction and Feedback Survey

ISE Capstone Senior Design Finalist

Rapid Fire Snaphots

You can download the deck (handouts)

You will receive an e-mail tomorrow with link to recording.

You can go to this IISE link soon and get deck and recording.

https://www.iise.org/details.aspx?id=46729

Thank You!

An e-mail tomorrow from Go2Webinar will provide a link to the recording and you can also access the presentation and recording on the IISE website.

https://www.iise.org/details.aspx?id=46729

Contact us for More Info or to provide feedback:

For IISE Webinar Sponsorship opportunities Trent Sexton:

• tsexton@iise.org

For IISE Webinar Ideas, Suggestions, Feedback, Requets, Scott Sink:

• https://www.linkedin.com/in/dscottsink/

• ssink@jumpcurves.com

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