Congratulations to Mahsa Abbaszadeh Nakhost, research assistant at the TUM Chair of Logistics and Supply Chain Management, who received the ISIR Best Student Paper Award for her paper "Inventory Transshipment for Promotional Products with Non-Stationary Demand and Updating," co-authored by Gudrun Kiesmüller and Stefan Minner.
The paper addresses the challenges of inventory transshipment for promotional products in the retail industry. The study introduces a novel approach using Bayesian methodology and a non-homogeneous Poisson Process to balance the trade-off between delaying transshipment for more information and acting early to maximize sales.
The research demonstrates significant profit improvements by accurately modeling demand and optimizing transshipment timing.
The award was presented at the 22nd International Symposium on Inventories in Budapest by the International Society for Inventory Research.
Congratulations to Mahsa for this remarkable achievement! We are incredibly proud to have outstanding students like her who are internationally recognized for their excellence.
