{"597887":{"#nid":"597887","#data":{"type":"event","title":"SCL IRC Seminar: Data-Driven Price Optimization","body":[{"value":"\u003Cp\u003EThe Supply Chain and Logistics Institute hosts a series of monthly seminars open to interested faculty, students and corporate partners as well as the general public. If you are interested in attending any of the sessions, please review the below information and register online.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EThe New Frontier of Data-Driven Price Optimization\u003C\/strong\u003E\u003Cbr \/\u003E\r\n\u003Ca href=\u0022https:\/\/www.scl.gatech.edu\/users\/he-wang\u0022 target=\u0022_blank\u0022\u003EHe Wang\u003C\/a\u003E\u003Cbr \/\u003E\r\nRSVP by November 10, 2017\u003C\/p\u003E\r\n\r\n\u003Cp\u003EIn practice, firms are often faced with pricing challenges including high demand uncertainty, limited inventory, and restrictions to conduct price experimentation. In this talk, I will discuss models and algorithms that combine machine learning and price optimization. The key idea of these algorithms is to use real-time sales data to improve pricing decisions. I will report simulation and field experiment results that show significant revenue improvement using these methods.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Ca href=\u0022https:\/\/www.scl.gatech.edu\/sclirc\/seminars\/register\u0022\u003E\u003Cstrong\u003ERegister Online for upcoming SCL IRC seminars\u003C\/strong\u003E\u003C\/a\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EThe Supply Chain and Logistics Institute hosts a series of monthly seminars open to interested SCL faculty, students and corporate partners as well as the general public.\u0026nbsp;\u003C\/p\u003E\r\n","format":"limited_html"}],"field_summary_sentence":[{"value":"Join us for our monthly SCL IRC seminar to learn about affiiliated faculty research"}],"uid":"27233","created_gmt":"2017-10-26 13:53:49","changed_gmt":"2018-11-30 13:53:23","author":"Andy Haleblian","boilerplate_text":"","field_publication":"","field_article_url":"","field_event_time":{"event_time_start":"2017-11-15T12:00:00-05:00","event_time_end":"2017-11-15T13:30:00-05:00","event_time_end_last":"2017-11-15T13:30:00-05:00","gmt_time_start":"2017-11-15 17:00:00","gmt_time_end":"2017-11-15 18:30:00","gmt_time_end_last":"2017-11-15 18:30:00","rrule":null,"timezone":"America\/New_York"},"extras":[],"hg_media":{"597886":{"id":"597886","type":"image","title":"SCLIRC Seminar: Data-Driven Price Optimization","body":null,"created":"1509025798","gmt_created":"2017-10-26 13:49:58","changed":"1509025798","gmt_changed":"2017-10-26 13:49:58","alt":"SCLIRC Seminar: Data-Driven Price Optimization","file":{"fid":"227933","name":"GTSCL_HeWang_16by9.jpg","image_path":"\/sites\/default\/files\/images\/GTSCL_HeWang_16by9.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/GTSCL_HeWang_16by9.jpg","mime":"image\/jpeg","size":164758,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/GTSCL_HeWang_16by9.jpg?itok=Q23xKpip"}}},"media_ids":["597886"],"related_links":[{"url":"https:\/\/www.scl.gatech.edu\/sclirc\/seminars\/register","title":"Register Online for upcoming SCL IRC seminars"}],"groups":[{"id":"1242","name":"School of Industrial and Systems Engineering (ISYE)"},{"id":"1243","name":"The Supply Chain and Logistics Institute (SCL)"}],"categories":[],"keywords":[{"id":"122741","name":"physical internet"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[{"id":"1795","name":"Seminar\/Lecture\/Colloquium"}],"invited_audience":[{"id":"78761","name":"Faculty\/Staff"},{"id":"78771","name":"Public"},{"id":"174045","name":"Graduate students"},{"id":"78751","name":"Undergraduate students"}],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EThe cost to attend is $25 per session which includes a boxed lunch*. Attendance to the sessions is complimentary for SCL corporate partners, SCL Industry Advisory Board members, SCL affiliated faculty and students, and students enrolled in the Masters in Supply Chain Engineering program.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E*To take advantage of the included lunch, you must register by the noted deadlines. If you have any questions, please email\u0026nbsp;\u003Ca href=\u0022mailto:event@scl.gatech.edu?subject=SCLIRC%20Seminar%20Series\u0022\u003Eevent@scl.gatech.edu\u003C\/a\u003E.\u003C\/p\u003E\r\n","format":"limited_html"}],"email":[],"slides":[],"orientation":[],"userdata":""}}}