In Case You Missed It

INFORMS Journal Highlights from January 2017

AUTHOR SPOTLIGHT

EVAN LEVINE

“I wanted to make the case for analytics in the public sector. Many of the most well-known examples of analytics are from the business world, and are focused on profit or efficiency. Our field is incredibly versatile, and I think public safety provides some very compelling illustrations of how analytics can improve people’s lives.”

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Christopher S. Tang

Manufacturing & Service Operations Management
“To improve customer loyalty, suppliers often strike a balance between the cost of holding additional inventory and the benefit of fulfilling fluctuating orders. By analyzing the data collected from Hugo Boss (the supplier), Nathan Craig, Nicole DeHoratius, and Ananth Raman show that there is additional value for suppliers to increase order fill rate. Specifically, a one-percentage-point increase in fill rate in the previous year is associated with an 11% increase in current retailer demand. I found this result to be encouraging: improving fill rate can benefit the supplier via larger orders and the retailer through higher customer demand.”

The Impact of Supplier Inventory Service Level on Retailer Demand
Nathan Craig, Nicole DeHoratius, Ananth Raman

 

Jeroen Belien

INFORMS Transactions on Education
“For many products future demand cannot be accurately predicted by analyzing historical data. Changing growth rates, shortened product life cycles, expanded product portfolios, strong technology innovation, and high proportions of new models compromise forecasts that are based directly on past sales. In such situations, a valuable alternative are so-called judgmental demand forecasts, which are based on the knowledge of company experts who can anticipate the effects (on demand) of strategic changes or market developments. The case developed by Diermann and Huchzermeier confronts students with a judgmental demand forecasting problem encountered by Canyon Bicycles, the German premium bicycle manufacturer and online retailer. The case illustrates how one can (i) identify the best expert team composition, (ii) prepare for and run the forecasting meeting, (iii) debias team forecasts, (iv) estimate demand distributions, (v) deal with heterogeneous product collections, and (vi) judge the quality of forecasted demand distributions.”

Canyon Bicycles: Judgmental Demand Forecasting in Direct Sales
Christoph Diermann, Arnd Huchzermeier

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JOURNAL SPOTLIGHT

INFORMS Transactions on Education

Editor-in-Chief: Jeroen Belien

INFORMS Transactions on Education (ITE) is a peer-reviewed, open-access journal with the mission of advancing operations research, management science, and analytics education at all levels worldwide. ITE fulfills its mission by encouraging creation and facilitating dissemination of classroom-tested pedagogical approaches, case studies, games, puzzles, software, data sets, and other educational materials.

ITE is on the rise! The journal received a 2 rating from the Association of Business Schools (ABS) resulting in a (shared) 5th place (out of 43 journals listed) in the category “Management development and education.” In 2016, the journal received 60% more original articles as compared to 2015.

ITE articles find their way to a wide audience! While ITE has published only 300 articles since its origin in 2000, ITE had over 126,000 full-text downloads in 2016 alone. This number has been growing every year. Many instructors worldwide find their way to ITE’s website and download and use ITE articles to improve their teaching.

ITE will continue to strive for a constructive and fast reviewing process. In 2016, the average time from submission to first decision was only 41 days.

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