Backwardation often occurs in soft commodities & perishables. Businesses must adapt procurement to minimize waste + cost. 🌟 Follow us on LinkedIn! 🌟 Check the updates from the website: www.cleverproject.eu 🌟 You can read the post on our website:…
When demand is uncertain, procuring in futures markets under backwardation reduces expected procurement costs. 🌟 Follow us on LinkedIn! 🌟 Check the updates from the website: www.cleverproject.eu 🌟 You can read the post on our website: https://lnkd.in/d4MB_HhM 🌟 Full paper…
Our model extends the classic newsvendor problem, tailored for backwardation markets with perishables. 🌟 Follow us on LinkedIn! 🌟 Check the updates from the website: www.cleverproject.eu 🌟 You can read the post on our website: https://lnkd.in/d4MB_HhM 🌟 Full paper in:…
Procurement coalitions = natural insurance against demand uncertainty. They absorb risk and stabilize costs. 🌟 Follow us on LinkedIn! 🌟 Check the updates from the website: www.cleverproject.eu 🌟 You can read the post on our website: https://lnkd.in/d4MB_HhM 🌟 Full paper…
We derive an analytical procurement strategy minimizing expected costs for perishable commodities. 🌟 Follow us on LinkedIn! 🌟 Check the updates from the website: www.cleverproject.eu 🌟 You can read the post on our website: https://lnkd.in/d4MB_HhM 🌟 Full paper in: https://zenodo.org/records/15124064
Backwardation = futures < expected spot price. Our model shows how firms can optimally procure commodities under this market state. 🌟 Follow us on LinkedIn! 🌟 Check the updates from the website: www.cleverproject.eu 🌟 You can read the post…
Our analysis proves that under backwardation, demand aggregation is not optional—it is inevitable. Using Hoeffding’s inequality, we show how coalitions absorb demand uncertainty, securing markets for perishable goods and resources. 🌟 Follow us on LinkedIn! 🌟 Check the updates…
In supply-chain optimization, normal backwardation (futures < expected spot price) creates opportunities. We derive the optimal procurement strategy under uncertainty and show why forming demand aggregators (procurement coalitions) minimizes risk and cost. 🌟 Follow us on LinkedIn! 🌟 Check the…
🔍 Optimizing edge storage isn’t just about speed — it’s about sustainability. Our CATER framework strikes the balance between optimal performance and real-world deployment, reducing costly data movement while improving efficiency.
