Shot-noise processes generalize compound Poisson processes in the following way: a jump (the shot) is followed by a decline (noise). This constitutes a useful model for insurance claims in many circumstances; claims due to natural disasters or self-exciting processes exhibit similar features. We...

Fourth Industrial Revolution or Industry 4.0 denotes a fundamental change on how production and business in general is perceived and organized. This paper questions the role of logistics within this context and raises a claim for a central role in future. It is a revision of a current position...