Campuses:

inventory management

Tuesday, December 4, 2018 - 1:30pm - 2:30pm
Rong Yuan (JD.COM)
JD.com sets the standard for online shopping through its commitment to quality, authenticity, and its high standard delivery services. JD's nationwide fulfillment network provides standard same- and next-day delivery covering a population of more than 1 billion. This talk will discuss the latest development of the the key methodologies and algorithms behind fast delivery at JD.com including 1) Demand Forecast, 2) Product Placement, and 3) Inventory Allocation.
Wednesday, May 16, 2018 - 10:00am - 10:50am
Martin Reiman (Columbia University)
The assemble-to-order (ATO) system is a classical model in inventory theory, where multiple components are used to produce multiple products. All components are obtained from an uncapacitated supplier after a (component dependent) deterministic lead time, while demand for the products forms a compound Poisson process. Assembly is assumed to be performed instantaneously, so all inventory is held as components rather than finished products. Demand that is not met immediately is backlogged.
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