Title:
Automating Capacity Pre-Booking at Warehouse Nodes of the Physical Internet

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Zavitsas, Kostas
Kouloumbis, Makis
Sen, Juan Manuel
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Abstract
The Physical Internet envisages the automation of the capacity booking process through the introduction of smart contracts. This requires the use of predictive models to determine what is a reasonable quantity to book, which are not well integrated into the decision making process. Currently, most warehouse operators book capacity only one day ahead when more concrete bookings’ data are available. The Paper proposes the integration of a pre-booking decision support tool to enhance the implementation of the predictive model outputs into smart contracts. Each delivery route is assumed to have a pricing structure that spans from ten days ahead to the day of delivery and contains early booking and cancellation fees. The aim of the tool is, considering the prediction quantity and pricing structure to determine an optimal strategy for issuing smart contract orders.
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2023-06
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Poster
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