Tag SupplyChain

Newsvendor Logic in the Age of Futures Markets

 The study parallels and extends the classic newsvendor problem. Instead of uncertain prices, it models backwardated futures contracts. A modernized approach for dynamic procurement environments. Optimization theory evolves with markets. πŸŒŸ Follow us on LinkedIn! Check the updates from the website: www.cleverproject.eu πŸŒŸβ€¦

Optimal Procurement Under Price Backwardation

When future prices are lower than spot forecasts, planning ahead matters. The study provides a closed-form expression for the optimal futures purchase volume. It bridges stochastic optimization and supply chain economics. A must-read for risk-aware procurement strategists.🌟 Follow us on LinkedIn! Check…

Soft commodities & perishables

Backwardation often occurs in soft commodities & perishables. Businesses must adapt procurement to minimize waste + cost.  🌟 Follow us on LinkedIn!  πŸŒŸ Check the updates from the website: www.cleverproject.eu  πŸŒŸ You can read the post on our website:…

CLEVER provides solutions!

Procurement coalitions = natural insurance against demand uncertainty. They absorb risk and stabilize costs.  🌟 Follow us on LinkedIn!  πŸŒŸ Check the updates from the website: www.cleverproject.eu  πŸŒŸ You can read the post on our website: https://lnkd.in/d4MB_HhM πŸŒŸ Full paper…

CLEVER is in the future!

Backwardation = futures < expected spot price. Our model shows how firms can optimally procure commodities under this market state.  🌟 Follow us on LinkedIn!  πŸŒŸ Check the updates from the website: www.cleverproject.eu  πŸŒŸ You can read the post…

Do you wonder why forming demand aggregators is importing?

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!  πŸŒŸ Check the…