Finance Economics and Econometrics Lab
Finance Economics and Econometrics Lab
Seminar Series
2021 - 2022
Speaker: Simon Belieres (TBS).
Title: “A time-expanded network reduction matheuristic for the logistics service network design problem”
joint with Mike Hewitt (U of Loyola), Nicolas Jozefowiez (U of Lorraine), Frederic Semet (U of Lille).
Date (New after reschedule): Thursday, January 20th at 12h30 (Paris Time).
Abstract: Planning cost-effective logistics operations involve the integration of multiple decision-making levels. In the domain of supply chain management, the last decades have seen the emergence of 3PL service providers that specialize in integrating warehousing and transportation services. In this paper, we study the operations performed by a 3PL service provider in the supply chain management of a French restaurant chain. The transportation planning process is assisted by
solving the Logistics Service Network Design Problem (LSNDP). As realistic instances are too large
for on-the-shelf optimization solvers to solve in acceptable run-times, we develop a network
reduction heuristic inspired by the recent Dynamic Discretization Discovery algorithm. Through
an extensive series of experiments carried out on instances based on the operations of an industrial partner, we demonstrate the efficiency of the proposed approach. We also investigate the impact of the distribution strategy used in practice to determine the transportation plan and how this distribution strategy can be modified to reduce the overall logistics costs.
You will find the paper attached.
You are cordially invited to participate to the seminar, which will take place in Room 327, Lascrosses building.
For those who will not be in the room, please find the zoom link below:
https://tbs-education-fr.zoom.us/j/83971835931?pwd=OHljWTZRNkp1MnhUTzlhRjMzZWZtdz09
Meeting ID: 839 7183 5931
Passcode: 109051
For more information, please contact: Pierre Mella-Barral p.mella-barral@tbs-education.fr