Smart logistics

This lecture focuses on Smart Logistics referring to these intelligent managerial decisions related to the design, operations and control of the transportation chain processes in an efficient and cost-effective way. The starting point for Smart Logistics is the key observation that the real-life world is stochastic and changing over time. Any logistics decision ignoring these aspects is bound to be sub-optimal once realized. Due to these real-life complexities, coping with time-dependent and stochastic environments is a difficult problem in Freight Transport & Logistics. Rather than focusing on idealized logistics problems in the transportation chain, I will focus on different real-life variants of these challenging problems. In this lecture, I will outline and discuss three main research themes on which I will focus in my chair on Freight Transport & Logistics