From Digitalization to Data-Driven Decision Making in Container Terminals

April 29, 2019 ยท Declared Dead ยท ๐Ÿ› Operations Research/Computer Science Interfaces Series

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Authors Leonard Heilig, Robert Stahlbock, Stefan VoรŸ arXiv ID 1904.13251 Category cs.DB: Databases Cross-listed cs.LG Citations 33 Venue Operations Research/Computer Science Interfaces Series Last Checked 2 months ago
Abstract
With the new opportunities emerging from the current wave of digitalization, terminal planning and management need to be revisited by taking a data-driven perspective. Business analytics, as a practice of extracting insights from operational data, assists in reducing uncertainties using predictions and helps to identify and understand causes of inefficiencies, disruptions, and anomalies in intra- and inter-organizational terminal operations. Despite the growing complexity of data within and around container terminals, a lack of data-driven approaches in the context of container terminals can be identified. In this chapter, the concept of business analytics for supporting terminal planning and management is introduced. The chapter specifically focuses on data mining approaches and provides a comprehensive overview on applications in container terminals and related research. As such, we aim to establish a data-driven perspective on terminal planning and management, complementing the traditional optimization perspective.
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