Supply Chain Analytics Lab
Transcript of Supply Chain Analytics Lab
Dr. Yao Zhao
Supply Chain Management
Rutgers Business School
Supply Chain
Analytics Lab
Dr. Xiaodong Lin
Management Science & Stats
Rutgers Business School
Mission
Data Analytics ×
Supply Chain Management
Beyond Common Sense
http://scal.business.rutgers.edu/
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People
• Data scientists, professors and industry experts
• Universities: Rutgers, HBS, William and Mary, …
• Expertise:
– Data Science
– Supply chain management
– Marketing and online retailing
– Healthcare operations
– …
• Half a dozen PhD students, and growing
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Sample Research
• Sridhar Seshadri, Ramandeep Randhawa, Irene Gerlovin, Yao
Zhao. Machine Learning and Business Intelligence: A Survey
(Work in Progress).
• Kris Johnson Ferreira, Bin Hong Alex Lee, David Simchi-Levi.
Analytics for an Online Retailer: Demand Forecasting and Price
Optimization.
• Kwon Gi Mun, Raza Rafique, Yao Zhao. Designing Hydro Supply
Chains for Water, Food, Energy and Flood Nexus.
• W. Chen and L. Shi. Nested Partitions for Large-Scale
Optimization in Supply Chain Management.
• Lei Wang, Eric Anderson, Karsten Hansen, Duncan Simester. How
Price Affects Returns?
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PhD Theses and Placement I
• Kwon Gi Mun (http://view2.fdu.edu/faculty-staff-profile-pages/kwon-gi771_mun/),
Ph.D. 2016. “Designing Energy and Water Supply Chains for Prosperity.”
Tenure-track assistant professor in Information Systems and Decision Sciences
Department, Silberman College of Business, Fairleigh Dickinson University, NJ
• Anh Ninh (http://www.wm.edu/as/mathematics/faculty-directory/Ninh_A.php), Ph.D.
2015. “Selected Topics in Stochastic Optimization.” Tenure-track assistant
professor in Mathematics at the College of William and Mary, VA.
• Andrew Johnson (https://www.rowan.edu/home/business/faculty-johnson), Ph.D.
2015. “Mission Critical Logistics – Essays in Game Transportation and Naval
Logistics.” Tenure-track assistant professor in Marketing & Business Information
Systems Department, Rohrer College of Business, Rowan University, NJ.
• Raza Rafique (http://lums.edu.pk/faculty-details.php/raza.ali), Ph.D. 2015. “Essays
on Energy Supply Chains.” Tenure-track assistant professor, Suleman Dawood
School of Business, Lahore University of Management Sciences, Lahore, Pakistan.
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PhD Theses and Placement II
• Xin Xu, Ph.D. 2014. “Essays on the Interface between Supply Chain and
Project Management.” Senior Adviser in Quantitative Financial Services,
Ernst and Young, New York City.
• Rose Karimi Kiwanuka, Ph.D. 2013. “Global Coffee Supply Chains:
Improve Small Scale Farmers’ Income.” Africa Nazarene University,
Nairobi, Kenya
• Kathleen Iacocca, Ph.D. 2011, “Essays on Drug Distribution and Pricing
Models.” Tenure-track assistant professor at the Kania School of
Management, University of Scranton. Scranton, PA.
• Adam Fleischhacker (http://lerner.udel.edu/faculty-staff/adam-
fleischhacker), Ph.D. 2009, “An Investigation of Clinical Trial Supply
Chains.” Tenured associate professor at the Alfred Lerner College of
Business & Economies, University of Delaware. Newark, DE.
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Sample Industry Projects
• A major telecommunication company: push (stores) vs. pull (showrooms) distribution strategies
• Special Olympics: transportation planning and scheduling
• A major pharmaceutical company: Drug pricing and distribution
• A major logistics company: fulfillment diagnostics
• Korean Air-Cargo: dynamic pricing and revenue management
• A major financial services/mortgage firm: proactive supply risk analytics
• A retail chain: inventory positioning, stockout prevention
• Martini 494: SKU rationalization
• Coach: logistics network design
• Overlook hospital: staff planning and scheduling
• Kenya Coffee Cooperatives: commodity trading, price hedging
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Store vs. Showroom
• Push vs. pull distribution strategies: Use supply chain analytics to determine which type of phone to sell in store or via showroom + DC drop-ship
Yao Zhao “VASTA Wireless – Push vs. Pull Distribution Strategies.” Spring 2011. RBS-SCM case study.
Won 1st place award in 2014 INFORMS case competition.
Special Olympics
• Transportation planning for mega event; crew scheduling; route design, driver scheduling; genetic algorithms.
Johnson, A., X. Xu, Y. Zhao. 2015. Transportation Planning and Scheduling for the 2014 Special
Olympics Games. Forthcoming at Interfaces.
Drug Pricing I
• What factors contribute to prescription drug prices?
Drug Pricing II
• What factors contribute to prescription drug prices?
Iacocca, K., J. Sawhill, Y. Zhao. 2013. A Multiple Regression Model to Explain the Cost of
Brand-drugs. Socio-Economic Planning Sciences 47: 238-246.
Branded Drug Distribution
• Direct vs. resell model; pharmaceutical distribution; drug pricing
Iacocca, K., Y. Zhao, A. Fein. 2013. Resell versus Direct Models in Brand Drug Distribution. International
Journal of Pharmaceutical and Healthcare Marketing 7: 324-340
Fulfillment Diagnostics
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Air-Cargo
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40% order can come in the last ½ hour!
Proactive Supply Risk Analytics
• Risk detection, alert classification, disaster prediction.
Multi-echelon Inventory Analysis
• Inventory positioning, stockout prevention
Days o
f su
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ly
SKU Rationalization
• Optimize assortments by classifying and decommissioning non-productive merchandise.
Logistics Network Design
• Distribution network, logistics, location optimization
Yao Zhao “C&H Logistics.” Spring 2009. RBS-SCM case study.
Hospital Nurse Staffing
• Seasonal demand, capacity planning, staff scheduling
Commodity Hedging
• Commodity trading, inventory hedging, risk
management, global supply chains
Rose Karimi Kiwanuka, Yao Zhao “From Farm to Cup: The Coffee Supply Chain in Kenya” Sping 2010.
RBS-SCM case study.
Beyond Common Sense!
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