{"id":3180,"date":"2023-03-02T16:25:27","date_gmt":"2023-03-02T16:25:27","guid":{"rendered":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/speakers\/achille-ettorre-copy\/"},"modified":"2023-03-02T16:31:41","modified_gmt":"2023-03-02T16:31:41","slug":"drew-yao","status":"publish","type":"page","link":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/speakers\/drew-yao\/","title":{"rendered":"Drew Yao"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-3180\" data-postid=\"3180\" class=\"themify_builder_content themify_builder_content-3180 themify_builder tf_clear\">\n                    <div  data-lazy=\"1\" class=\"module_row themify_builder_row dropPadding-bottom tb_abwa026 tb_first tf_w\">\n                        <div class=\"row_inner col_align_top tb_col_count_2 tf_box tf_rel\">\n                        <div  data-lazy=\"1\" class=\"module_column tb-column col4-1 tb_o6ge102 first\">\n                    <!-- module image -->\n<div  class=\"module module-image tb_rxvq200 image-top  track revenue tf_mw\" data-lazy=\"1\">\n        <div class=\"image-wrap tf_rel tf_mw\">\n            <img decoding=\"async\" src=\"\/wordpress\/analytics2023\/files\/2023\/03\/Drew_Yao.jpg\" title=\"Drew Yao\" alt=\"Drew Yao headshot\">    \n        <\/div>\n    <!-- \/image-wrap -->\n    \n        <div class=\"image-content\">\n                    <h3 class=\"image-title\">\n                                    Drew Yao                            <\/h3>\n                    <\/div>\n    <!-- \/image-content -->\n        <\/div>\n<!-- \/module image -->        <\/div>\n                    <div  data-lazy=\"1\" class=\"module_column tb-column col4-3 tb_wre3200 last\">\n                    <!-- module text -->\n<div  class=\"module module-text tb_jkf8121   \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n        <h1>Drew Yao<\/h1>\n<h5>Director of Data Science at DataPrime<\/h5>\n<p>Dr. Drew Yao is a Director of Data Science at DataPrime. He collaborated with Fortune 500 companies to perform sophisticated analyses to solve challenging business problems. He brought game-changing analytics capabilities and developed AI\/ML models across multiple industries, including healthcare, airline, hospitality, cruise, automotive, media, entertainment, and communication. Prior to DataPrime, he worked for Delta Air Lines and Revenue Analytics, designing and developing the full spectrum of revenue management functionalities.<\/p>    <\/div>\n<\/div>\n<!-- \/module text -->        <\/div>\n                        <\/div>\n        <\/div>\n                        <div  data-css_id=\"xnsc010\" data-lazy=\"1\" class=\"module_row themify_builder_row fullwidth_row_container tb_xnsc010 tf_w\">\n                        <div class=\"row_inner col_align_top tb_col_count_1 tf_box tf_rel\">\n                        <div  data-lazy=\"1\" class=\"module_column tb-column col-full tb_96ps112 first\">\n                    <!-- module text -->\n<div  class=\"module module-text tb_qcqe001 level executive  \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n        <p>Executive<\/p>    <\/div>\n<\/div>\n<!-- \/module text --><!-- module text -->\n<div  class=\"module module-text tb_bk5t120 track revenue  \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n        <h6>Track: Revenue Management<\/h6>    <\/div>\n<\/div>\n<!-- \/module text --><!-- module text -->\n<div  class=\"module module-text tb_41lr404   \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n        <h2>Powering Ocean Freight Forwarding with Revenue Management<\/h2>\n<p>In the past few years, the ocean freight forwarding industry has faced significant challenges and uncertainties from the Suez Canal Obstruction, COVID-19 pandemic, fuel prices, trade disputes, and labor shortages. Ocean freight forwarding companies have been looking to add machine learning and optimization capabilities to navigate these uncertainties and adapt to changing market conditions. This presentation will share the lessons learned through developing a supply chain solution for a digital freight forwarding company. Topics covered include critical data cleaning and transformation to create quality input data, demand forecasting, container allocation, price elasticity estimation, and dynamic pricing. Outcomes include significant capacity planning and pricing improvements and, most importantly, substantial margin improvement across hundreds of trade routes. The solution generates intelligent buying and selling recommendations for the procurement and the sales organizations. It also improves operations by optimizing the allocation of containers to voyages across the network. <\/p>    <\/div>\n<\/div>\n<!-- \/module text -->        <\/div>\n                        <\/div>\n        <\/div>\n        <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Drew Yao Director of Data Science at DataPrime Dr. Drew Yao is a Director of Data Science at DataPrime. He collaborated with Fortune 500 companies to perform sophisticated analyses to solve challenging business problems. He brought game-changing analytics capabilities and developed AI\/ML models across multiple industries, including healthcare, airline, hospitality, cruise, automotive, media, entertainment, and [&hellip;]<\/p>\n","protected":false},"author":1001094,"featured_media":3096,"parent":712,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"class_list":["post-3180","page","type-page","status-publish","has-post-thumbnail","hentry","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Drew Yao - 2023 INFORMS Business Analytics Conference<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/speakers\/drew-yao\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drew Yao\" \/>\n<meta property=\"og:description\" content=\"Drew Yao Director of Data Science at DataPrime Dr. Drew Yao is a Director of Data Science at DataPrime. 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He collaborated with Fortune 500 companies to perform sophisticated analyses to solve challenging business problems. He brought game-changing analytics capabilities and developed AI\/ML models across multiple industries, including healthcare, airline, hospitality, cruise, automotive, media, entertainment, and communication. Prior to DataPrime, he worked for Delta Air Lines and Revenue Analytics, designing and developing the full spectrum of revenue management functionalities.<\/p>\n<p>Executive<\/p>\n<h6>Track: Revenue Management<\/h6>\n<h2>Powering Ocean Freight Forwarding with Revenue Management<\/h2> <p>In the past few years, the ocean freight forwarding industry has faced significant challenges and uncertainties from the Suez Canal Obstruction, COVID-19 pandemic, fuel prices, trade disputes, and labor shortages. Ocean freight forwarding companies have been looking to add machine learning and optimization capabilities to navigate these uncertainties and adapt to changing market conditions. This presentation will share the lessons learned through developing a supply chain solution for a digital freight forwarding company. Topics covered include critical data cleaning and transformation to create quality input data, demand forecasting, container allocation, price elasticity estimation, and dynamic pricing. Outcomes include significant capacity planning and pricing improvements and, most importantly, substantial margin improvement across hundreds of trade routes. The solution generates intelligent buying and selling recommendations for the procurement and the sales organizations. It also improves operations by optimizing the allocation of containers to voyages across the network. <\/p>","_links":{"self":[{"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/pages\/3180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/users\/1001094"}],"replies":[{"embeddable":true,"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/comments?post=3180"}],"version-history":[{"count":7,"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/pages\/3180\/revisions"}],"predecessor-version":[{"id":3190,"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/pages\/3180\/revisions\/3190"}],"up":[{"embeddable":true,"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/pages\/712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/media\/3096"}],"wp:attachment":[{"href":"https:\/\/meetings.informs.org\/wordpress\/analytics2023\/wp-json\/wp\/v2\/media?parent=3180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}