Dr Sven Crone
LecturerResearch Interests
Research interest are centered around Forecasting for Logistics and Supply Chain Management with methods of statistics and artificial neural networks, and Data Mining.
Current topics include the use of neural networks for simultaneous forecasting and safety stock calculation in inventory management using asymmetric objetcive functions (motivated from marginal costs of the managerial decision process), forecasting model selection for SAP APO DP, and forecasting with neural networks for FMCG companies. General research directions encompass Management Science, i.e. Operational Research and Information Systems in the domains of Demand Planning within Inventory Management for Supply Chain Management & Operations Management, and extend in two mayor directions: Forecasting and Data Mining.
Current topics - also for PhD supervision - include:
- Forecasting --> Methods, applications, processes and information systems for Demand Planning in Logistics and Supply Chain Management; design and use of Advanced Planning Systems (APS) and Enterprise Resource Planning (ERP) Systems, in particular SAP APO DP, for forecasting; model selection using statistics and / or machine (meta) learning; model parameterisation of statistical models using alternative objective functions;
- Neural Networks for Forecasting --> Methods & applications for fully automatic Forecasting, e.g of seasonal, intermittent and generally instationary time series (outliers and level shifts); objective Functions for Neural Networks; Computational Intelligence methods (e.g. support vector regression) in forecasting and Data Mining
- Neural Networks for Data Mining --> Methods & applications for Data Mining, Predictive Analytics and Business Intelligence; impact of preprocessing on data mining methods in marketing and credit scoring
Current Research
Academic Keynote Speeches
- 04/2009 - Keynote speech on “Classifying Imbalanced Datasets - Evidence from case-studies in Business Data Mining” at the 2009 UK Annual Symposium on Data Mining (UK KDD’09) by the British Computer Society (BCS), Manchester, UK
- 09/2008 - Keynote speech on “Empirical Evidence on Neural Networks for Time Series Forecasting” at the 2008 European Symposium on Time Series Prediction, Provo, Finland
- 06/2008 - Keynote commentary on “Mining the past to determine the future: Problems and possibilities” by David Hand, at the 2008 International Symposium on Forecasting, ISF’08, Nice, France
Practitioner Keynote Speeches
- 09/2010 - Keynote speech on “Forecasting with Artificial Neural Networks – Science Fiction or the Future of Time Series Prediction?” at A2010, the 2nd SAS Annual Analytics Conference, Kopenhagen, Denmark
- 06/2010 - Keynote speech on “Artificial Neural Networks - the Science Fiction of Forecasting?” at F2010, the 4th SAS Conference on Business Forecasting, Cary, USA
- 12/2008 - Keynote speech on “The myth of the ‘best’ algorithm - lessons learned from innovations in data sampling and data pre-processing for marketing analytics” at the 2008 Belgian Association for Quantitative Direct Marketing Research, Annual Conference (BAQMAR’08), Ghent, Belgium
- 11/2006 - Keynote speech on “Increasing the accuracy of demand forecasting by using Neural Forecasting” at the 2006 Baltic Annual Logistics Conference on Demand Management, Pärnu, Estonia
- 06/2006 - Keynote speech on “Forecasting Events” at the 1st International SAS Conference on Forecasting, F2006, Cary, USA
- 06/2006 - Conference track keynote speech on “A Roadmap to Supply Chain Forecasting of Marketing Promotions, Weather”, Demand Planning Track, APICS’06 conference of the Association for Operations Management, Orlando, Florida
Invited Speeches (selection)
- 02/2010 Invited speech on “Managing Demand Planning Processes with ABC-XYZ-Analysis - A case study of a fast moving consumer goods manufacturer, Beiersdorf AG” at the 2010 IBF Institute of Business Forecasting conference on Supply Chain Forecasting, London, UK
- 10/2008 Invited session speech on “A Bag of Tricks for Your Balancing Act: How to Increase Predictive Accuracy on Imbalanced Datasets”, Business Data Mining Track, at the 2008 SAS International Data Mining Conference, M2008, Las Vegas, USA
- 09/2008 Invited session speech on “Structuring Forecasting Processes with ABC-XYZ Analysis”, with Stefan Pushmann Beiersdorf AG, Institute of Business Forecasting, IBF, European Supply Chain Forecasting Conference, Amsterdam, Netherlands.
- 03/2007 Invited speech on “Forecasting Retail Sales with Calendar Events, Promotions and Weather – a Neural network Approach” at the 2007 GOR German OR Society Forecasting Workgroup Conference, Hamburg, Germany
- 04/2007 Invited speech on “Model Specification with Neural Networks and Support Vector Regression – a Meta Experiment” at the 2007 Oxford Forecasting Workshop, Oxford, UK
- 05/2006 Invited speech on “Forecasting Events – Problems and Remedies” at the 2006 IBF Institute of Business Forecasting conference on Supply Chain Forecasting, London, UK
- 12/2005 Invited lecture “Predicting Customer Online Shopping Adoption - an Evaluation of Data Mining and Market Modelling Approaches”, Chilean NSF “Millenio” Project, by Prof. Andrés Weintraub, Department of Industrial Engineering, Universidad de Chile, Santiago, Chile
Research Grants
- Various corporate research grants from Beiersdorf, Sanofi-Aventis, SMD Textiles, etc. in forecasting with artificial neural networks to fund a post-doc research assistant position (2003 - today)
- 2009 KISC Forecasting research grant (with Chipo Mlambo, UCT, South Africa)
- 2006 SAS & International Institute of Forecasters research grant (with Konstantinos Nikolopoulos)
- 2005 Lancaster University Management School Priming Grants recipient
Qualifications
- Diploma in Business (Dipl.-Kfm.)MBA/MS & BBA equivalent, University of Hamburg
- Doctorate (Dr. rer. pol.)PhD equivalent, University of HamburgThe PhD thesis on "Forecasting & Inventory Management with Neural Networks" (summa cum laude, published by Gabler in German) won the 2008 biannual "Professor Herbert Jacob award" of Hamburg University and the 2009 annual award of the German Operational Research society.
- HabilitationCatholic University of Eichstätt-Ingolstadt, Management School (since 2010)
Profile
Sven F. Crone is a Lecturer (Asst. Prof.) in the Management Science department, having formerly lectured and researched at the University of Hamburg, Germany, and at George Mason University, USA and Stellenbosch University, South Africa, as a visiting fellow. He has a PhD from the University of Hamburg, and has a B.S. equivalent (intermediate exams) in Management and an MBA equivalent diploma (Diplom-Kaufmann) in Business Administration & Economics from the University of Hamburg. He serves as the deputy director of the Lancaster Centre for Forecasting at Lancaster University Management School (LUMS).
Current research interest focus on the application of neural networks, especially in business forecasting, data mining and managerial decision support. He has published several original papers in academic journals (EJOR, JORS, IJF, Neurocomputing) and international conference proceedings (IEEE IJCNN, WCCI, DMIN, ICAI, ICONIP), and is a member of various professional associations, including the IEEE, INNS, ACM-SIG-KDD, UK-KDD, GOR, ORRSA, IBF and IIF.
Having worked in information technology and management consultancy, he has supervised various international projects in demand planning, data mining, process analysis & redesign and software selection with a variety of firms from industry and retailing. For more information visit his personal homepage.
Professional Role
- Lecturer (Assistant Professor) in Management Science, Lancaster University, Department of Management Science
- Deputy director of the Lancaster Centre for Forecasting
- Academic staff at STOR-i, pioneering doctoral training centre in statistics and operational research and corporate business
Current Teaching
Executive Education
- SAP APO-DP for Demand Planning (since 2002)Multiple annual in-house & custom made training course for companies. Recent clients include Beiersdorf (since 2002) and Celanese)
- Forecasting Fundamentals (since 2004)Two annual training courses to forecasting practitioners through the Lancaster Centre for Forecasting. Recent clients include British Telecon BT), ScotthPower, ManWeb, Barclays, Capita, Nikon, Nestle, NightFreight, DWP etc.)
Current degree courses
- MSCI 524 Credit Scoring (since 2009)
- MSCI 523 Forecasting (since 2005)
- MSCI 522 Multivariate Statistics for Data Mining (new development since 2005)
- MSCI 381 Demand Forecasting & Revenue Management (new developm. since 2007)
- MSCI 331 Data Mining for Marketing and Finance (new development since 2008)
Past degree courses
- MSCI 501 Introduction to Operational Reserach (2004-2006)
- MSCI 203 Introduction to Business Information Systems (2004-2006)
- MSCI 311 Statistical Modelling for Decision Making (2004)
External Roles
- Visiting Teaching Fellow at the European Research Centre for Soft Computing, University of Oviedo
- Member of the task force for competitions, IEEE Technical Committee on Standards, IEEE Computational Intelligence Society
- Competition Task force Chair, IEEE Technical Committee on Data Mining, IEEE Computational Intelligence Society
- Founding Member of the IEEE Technical Committee on Data Mining, IEEE Computational Intelligence Society
PhD Supervision Interests
I am available for supervising PhD students interrested in research on time series prediction, i.e. forecasting, but also time series classification, time series clustering, and anomaly detection in time series (i.e. time series data minig) in business applications. Many PhD projects focus on innovative algorithms from artificial intelligence and machine learning (AI/ML), e.g. deep and shallow neural networks, but also k-nearest neighbours, support vector regression, decision trees, and many other algorithms. Relevant topics include automatic data exploration, forecasting model selection and ensembles (i.e. boosting, bagging, etc), and promising approaches such as meta learning, active learning, and transfer learning, which are underrepresented in forecasting research. As field of business applications many focus on industry or retail demand data, but also services, lead times, raw material prices, In the past years I have successfully supervised 7 PhD students, 3 of which are now academics at renowned UK universities. All PhD students in forecasting are actively involved in research development, seminars, ideas exchange and team activities of 5-10 PhD students and 7 academics, all with a strong focus on forecasting, at CMAF, the Research Centre for Forecasting (and Marketing Analytics) and within the department of Management Science. If you are a national or international applicant (m/f/d) with a quantitative background in management studies, operational research/management science, industrial engineering or electrical engineering, information systems, computer science or other disciplines, you are very welcome to INFORMALLY ENQUIRE AT ANY TIME by email to me, s.crone@lancaster.ac.uk (ideally with a short CV and your research interrest). I look forward to hearing from you!
IEEE International Joint Conference on Neural Networks, IJCNN'13
Participation in conference -Mixed Audience
IEEE Symposium on Computational Intelligence and Data Mining
Participation in conference -Mixed Audience
Predictive Analytics World 2012
Participation in conference -Mixed Audience
European Conference on Operational Research
Participation in conference -Mixed Audience
International Symposium on Forecasting, Annual Conference
Participation in conference -Mixed Audience
A2012, The 4th SAS Annual Analytics Conference
Participation in conference -Mixed Audience
A2011, the 2011 SAS Analytics Conference
Participation in conference -Mixed Audience
International Joint Conference on Neural Networks (IJCNN)
Participation in conference -Mixed Audience
IEEE International Joint Conference on Neural Networks
Participation in conference -Mixed Audience
ISF'11, the 2011 International Symposium on Forecasting
Participation in conference -Mixed Audience
SAS Utilities roundtable
Participation in conference -Mixed Audience
ISF'11, the 2011 International Symposium on Forecasting
Participation in conference -Mixed Audience
University of Eichstätt-Ingolstadt, WFI School of Management
Visiting an external academic institution
University of Southanpton
Visiting an external academic institution
IEEE International Joint Conference on Neural Networks
Participation in conference -Mixed Audience
International Journal of Forecasting (Journal)
Editorial activity
A2010, the 2nd SAS Annual Analytics Conference
Participation in conference -Mixed Audience
DMIN'10, the 2010 International Conference on Data Mining
Participation in conference -Mixed Audience
2010 IEEE World Congress on Computational Intelligence
Participation in conference -Mixed Audience
2010 IEEE World Congress on Computational Intelligence
Participation in conference -Mixed Audience
DMIN'10, the 2010 International Conference on Data Mining
Participation in conference -Mixed Audience
ISF'10, the 2010 International Symposium on Forecasting
Participation in conference -Mixed Audience
F2010, the 4th SAS Conference on Business Forecasting
Participation in conference -Mixed Audience
University of Oviedo
Visiting an external academic institution
IBF'10 Institute of Business Forecasting Conference on Supply Chain Forecasting
Participation in conference -Mixed Audience
IBF'10 International Conference on Supply Chain Forecasting
Participation in conference -Mixed Audience
Annals of Information Systems (Journal)
Editorial activity
Fordham University
Visiting an external academic institution
Operations Research Society of South Africa Conference '09
Participation in conference -Mixed Audience
Operations Research Society of South Africa Conference '09
Participation in conference -Mixed Audience
DMIN'09, the 2009 International Conference on Data Mining
Participation in conference -Mixed Audience
EURO XXIII - 23rd European Conference on Operational Research
Participation in conference -Mixed Audience
IEEE Computational Intelligence Society (External organisation)
Membership of committee
ISF'09, the 2009 International Symposium on Forecasting
Participation in conference -Mixed Audience
IEEE & INNS International Joint Conference on Neural Networks
Participation in conference -Mixed Audience
ORSSA'09, the 2009 Annual Conference of the Operational Research Society of South Africa
Participation in conference -Mixed Audience
International Joint Conference on Neural Networks (IJCNN)
Participation in conference -Mixed Audience
13th Pacific-Asia Conference on Knowledge Discovery and Data Mining
Participation in conference -Mixed Audience
IEEE & INNS International Joint Conference on Neural Networks
Participation in conference -Mixed Audience
BAQMAR'08, the 2008 Annual Conference of the Belgian Association for Quantitative Direct Marketing Research
Participation in conference -Mixed Audience
GOR Meeting of the Working Group on Forecasting
Participation in conference -Mixed Audience
M2008, the 2008 SAS International Data Mining Conference
Participation in conference -Mixed Audience
ESTSP'08, the 2008 European Symposium on Time Series Prediction
Participation in conference -Mixed Audience
IBF'08, European Supply Chain Forecasting Conference of the Institute of Business Forecasting
Participation in conference -Mixed Audience
German OR Association
Participation in conference -Mixed Audience
DMIN'08, the 2008 International Conference on Data Mining
Participation in conference -Mixed Audience
ISF'08, the 2008 International Symposium on Forecasting
Participation in conference -Mixed Audience
ISF'08, the 2008 International Symposium on Forecasting
Participation in conference -Mixed Audience
IEEE & INNS International Joint Conference on Neural Networks
Participation in conference -Mixed Audience
ISF'08, the 2008 International Symposium on Forecasting
Participation in conference -Mixed Audience
International Joint Conference on Neural Networks (IJCNN)
Participation in conference -Mixed Audience
UK KDD'09, the 2009 UK Annual Symposium on Data Mining by the British Computer Society
Participation in conference -Mixed Audience
IEEE Transactions on Neural Networks (Journal)
Publication peer-review
International Journal of Forecasting (Journal)
Publication peer-review
ISF'08, the 2008 International Symposium on Forecasting
Participation in conference -Mixed Audience
ISF'08, the 2008 International Symposium on Forecasting
Participation in conference -Mixed Audience
DMIN'08, the 2008 International Conference on Data Mining
Participation in conference -Mixed Audience
IEEE Computational Intelligence Society (External organisation)
Membership of committee
Model Specification with Neural Networks and Support Vector Regression – a Meta Experiment
Invited talk
Neurocomputing (Journal)
Publication peer-review
Journal of the Operational Research Society (Journal)
Publication peer-review
Computers and Operations Research (Journal)
Publication peer-review
Decision Support Systems (Journal)
Publication peer-review
Computational Management Science (Journal)
Publication peer-review
Proceedings of the International Conference on Data Mining (DMIN) (Journal)
Editorial activity
European Journal of Operational Research (Journal)
Publication peer-review
Soft Computing (Journal)
Publication peer-review
Proceedings of the International Conference on Artificial Intelligence (ICAI) (Journal)
Editorial activity
2009 German OR Society PhD Award
Prize (including medals and awards)
"Prof. Herbert Jacob Award" of the University of Hamburg
Prize (including medals and awards)
Centre for Marketing Analytics & Forecasting
- Centre for Marketing Analytics & Forecasting
- Lancaster Intelligent, Robotic and Autonomous Systems Centre
- LIRA - Advanced Manufacturing
- STOR-i Centre for Doctoral Training