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Chair in Digital Procurement

 

 

 

 

 

About the Chairholder 

Nils Löhndorf, Ph.D., is Chairholder in Digital Procurement and associate professor at the Luxembourg Centre for Logistics and Supply Chain Management (LCL), within the Department of Economics and Management at the University of Luxembourg. Professor Löhndorf’s research interests are in operations research, in particular optimisation under uncertainty, with current applications in energy procurement, and valuation of energy storage systems.

 

He has published his research in leading journals such as Operations Research, European Journal of Operational Research, and IISE Transacations, and serves a member of the editorial board of the European Journal of Operations Research. Energy companies in Austria, Germany, and Italy actively use his models for energy trading and asset optimization. Prior to joining the University of Luxembourg he was an assistant professor at Vienna University of Economics and Business, Austria, where he received his Habilitation in Business Administration in 2017. 

Chairholder Expertise  

  • Logistics and supply chain management
  • Energy trading and energy markets
  • Quantitative methods in economics & management
  • Operations research and management science
  • Data science and machine learning

Chair Objectives

  • Implement an academic programme that encompasses the study of new technologies for procurement and data-driven decision-making
  • Foster research on how data and machine learning can support procurement
  • Contribute to establishing a Procurement Excellence Platform in Luxembourg

Chair partner 

  • The Luxembourg Ministry of the Economy  

History and mission 

Inaugurated in 2020, the Chair in Digital Procurement’s mission is firstly to train Master students in the use of new technologies for procurement and supply chain management. Offering a specialised Digitial Procurement Track within the Master of Logisitics and Supply Chain Management, the study programme connects students with partner companies to pursue research projects in the field of procurement with special emphasis on the impact of new technologies such as artificial intelligence, machine learning, and blockchain. The programme is supported by the CPO Club, an organisation composed of chief procurement officers from multiple multinational companies that operate their procurement organisation from Luxembourg. 

Within the framework of the Chair, the Chairholder and his team also conduct research in related fields, presenting their findings at conferences and in peer-reviewed journals. In addition to his role as Study Programme Director for the Master Track in Digitial Procurement, the Chairholder also supervises the research of several PhD candidates. In 2023, the Chair aims to establish a lab for computational analysis, visualisation, and education (CAVE Lab) to develop interactive dashboards for decision-making together with the Chair’s corporate partners, which will give students and researchers a tool that allows them to demo and test simulation, optimisation, and machine learning models 

Luxembourg offers a unique combination of factors that have encouraged the creation of this Chair such as the presence of high-profile companies with procurement-related activities, the CPO Club, the logistics pillar of the economy, the LCL, and the digital strategy embraced by the government. 

 

Chair impact  

 

Events  

9 December 2022 – Co-host of Sustainability Lunch Talk on How Solar Cells Help Mitigate the Climate Crisis

16 March 2022 - LCL x FSTM Energy Seminar: Demand Side Flexibility in Energy Systems 

14 September 2021 – Keynote at the ICT Sping 2021 Digital Supply Chain Europe event  

30 June 2021 - LCL x FSTM Energy Seminar: Flexibility for the Energy System of the Future 

9 March 2021 – Moderator for panel discussion on Data-driven Supply Chains during the LCL eXplore Conference 2021

 

Publications  

Löhndorf, N., Seranilla, B. “Optimizing vaccine distribution in developing countries under natural disaster risk”, published working paper, 2023.  

Löhndorf, N., Wozabal, D. “Discretization of Markov processes for stochastic-dynamic optimization“, published working paper, 2023. 

Dimoski, J., Fleten, SE., Löhndorf, N., Nersten, S. “Dynamic hedging for the real option management of hydropower production with exchange rate risks”, OR Spectrum, 2023. 

Löhndorf, N., Wozabal, D. “The Value of Coordination in Multimarket Bidding of Grid Energy Storage”, Operations Research, 2022.  

Avila, D., Papavasiliou, A., Löhndorf, N. “ Parallel and distributed computing for stochastic dual dynamic programming”, Computational Management Science, 2022.

Löhndorf, N., Wozabal, D. “Gas Storage Valuation in Incomplete Markets”, European Journal of Operational Research, 2021.  

  

 

Contacts

Prof. Nils Löhndorf, Ph.d.
Chairholder 

 

 

Anne Dandeville
Team Leader for Advancement