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Aris Syntetos  BSc, MSc, DPhil, PGCert, FIMA, FAcadMathSci

Professor Aris Syntetos

BSc, MSc, DPhil, PGCert, FIMA, FAcadMathSci

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Available for postgraduate supervision

Teams and roles for Aris Syntetos

Overview

I am Research Professor of Decision Science and hold the DSV Chair of Logistics Research. I am founder and Director of the joint University-Industry PARC Institute of Manufacturing, Logistics and Inventory (that encompasses Cardiff University's RemakerSpace). I have set up and currently look after the University's strategic partnership with DSV. Before joining Cardiff, I served in the faculties of the University of Salford (Centre for Operational Research and Applied Statistics), and Copenhagen Business School (Otto Monsted Professorship, Department of Operations).

At Cardiff, I research forecasting and uncertainty management for improving inventory, manufacturing, logistics and supply chain decisions. I have been credited with uniting the (formerly siloed) disciplines of forecasting and inventory optimisation, and I am principally known for the Syntetos-Boylan Approximation, a standard forecasting method, and the Syntetos-Boylan-Croston approach to forecast classification. My 2021 book with John Boylan is summarised in this video.

My work reflects collaboration with more than 50 universities and companies around the world, and it has been supported with funds exceeding £5 Million (almost all of which I have secured as Principal Investigator and almost all of which has been awarded to my affiliated University). I have been published in leading academic outlets (such as Decision Sciences, European Journal of Operational Research, Journal of Operations Management, and Production & Operations Management), and I have about 13,500 citations to my work.

I have advised many organisations on inventory forecasting related matters and several methods/ algorithms I have co-developed are being utilised by major software corporations. Over the last few years, I have been working closely with: British Telecommunications (BT), Brother International, DSV, the Excelitas group (Qioptiq), Ocado, and the Efficient Consumer Response (ECR) group (through which I am working with Europe's largest retailers). Some of my recent impact can be found here.

I am Editor in Chief of the IMA Journal of Management Mathematics (IMAMAN, Oxford University Press) and Associate Editor of FORESIGHT, the practitioner oriented publication of the International Institute of Forecasters (IIF). I served as Director of the IIF in 2014 - 2022, and I currently serve as Vice-President of the International Society for Inventories Research (ISIR).

At Cardiff University, I have received awards for excellence in postgraduate teaching, the 2016 Cardiff University Outstanding Doctoral Supervisor Award, and the 2016 and 2019 Cardiff University Innovation and Impact Award in Business for my work with Panalpina World Transport Ltd. (now DSV) and Qioptiq Ltd., respectively. In 2024 I received (with Bahman Rostami-Tabar and Zied Babai) the Goodeve Medal from the Operational Research Society (ORS). And I am deeply honoroured that in 2026 I was elected as one of the founding Fellows of the Academy for the Mathematical Sciences as I was also awarded the Companionship of Operational Research by the ORS. 

Publication

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Articles

Book sections

Books

Conferences

Monographs

Research

Research interests

I work in the area of Decision Science, and I am interested in developing theoretically rigorous yet practically viable and effective inventory and/or forecasting algorithms and business models.

I have worked, and continue to do so, on intermittent demand inventory forecasting. This work is particularly relevant to spare parts (and after sales) supply chains. I am also working on inventory forecasting in the context of closed loop supply chains (circular economy) and additive manufacturing (3DP in particular) enabled supply chains. My work has always been underlined not only by financial but also environmental, and more recently social, concerns. I have always been pre-occupied with reducing inventory obsolescence, and more recently, with opportunities to stop planned obsolescence altogether.

My current research interests are around the following areas:

  • Statistical and judgmental supply chain forecasting
  • Inventory, and inventory inaccuracies, mathematical modelling and management
  • Analytical and conceptual unification of Inventory-Forecasting
  • Inventory Forecasting in: i) spare parts, ii) after sales, iii) retail, iv) close loop, v) 3DP-enabled supply chains
  • Inventory (and/or) Forecasting for environmental sustainability: obsolescence reduction or elimination
  • Inventory (and/or) Forecasting for social good

Funded research and knoweldge transfer projects

[Projects exclusively/directly funded from Industry and small grants (below £20K) are not included here]

  • Engineering and Physical Sciences Research Council (EPSRC): EP/D062942/1, 2006-08 (£192,950), ‘On the Development of Theory-Informed Operationalised Definitions of Demand Patterns’, First Grant Scheme. Principal/sole investigator.
  • Technology Strategy Board (TSB): Knowledge Transfer Partnership with Valves Instruments Plus (VIP Ltd.) - KTP 6202, 2006-08 (£166,839), Subject Area: ‘Inventory Management and IT in a Wholesaling Environment’. Co-Investigator (PI: John Davies).
  • EPSRC: EP/F012632/1, 2007-08 (£62,144), ‘Forecasting and Inventory Management: Bridging the Gap’. Principal Investigator (CI: John Boylan).
  • EPSRC: EP/G006075/1, 2009-10 (£72,190), ‘Commercialisation of an inventory management solution for intermittent demand items’. Principal/sole investigator.
  • EPSRC: EP/G070369/1, 2009 (£20,000), ‘Cognitive Mapping, System Dynamics and the Bullwhip Effect’. Principal Investigator (CIs: Brian Dangerfield, John  Boylan).
  • Innovate UK: Knowledge Transfer Partnership with Killgerm Ltd. - KTP ELCT01, 2010-2012 (£170,413), Inter-disciplinary project on the ‘Development of Research Capacity in the Pest Management Industry’. Co-Investigator (PI: Gai Murphy).
  • EPSRC: EP/G003858/1, 2009-2013 (£266,595), ‘Using the Grouping and Shrinkage Approaches to Forecasting Sub-Aggregate Level Seasonal Demand’. Principal Investigator (CIs: Huijing Chen, John Boylan).
  • EPSRC & Innovate UK: Knowledge Transfer Partnership with Panalpina World Transport Ltd. - KTP 9208, 2013-2015 (£133,998), Subject area: ‘Statistical Forecasting and Inventory Control in a 3PL Context’. Principal/Sole Investigator.
  • EPSRC & Innovate UK: Double Knowledge Transfer Partnership with Panalpina World Transport Ltd. - KTP 10165, 2016-2018 (£285,967), Subject area: ‘Traditional VS. 3D Printing Enabled Inventory Control’. Principal Investigator (CIs: Rossi Setchi, Frank Lacan, Xun Wang).
  • EPSRC & Welsh Government: Knowledge Transfer Partnership with Qioptiq Ltd. - KTP 10171, 2016-2018 (£160,281), Subject area: ‘Returns Forecasting in a Remanufacturing / Closed Loop Context’. Principal Investigator (CI: Mohamed Naim).
  • EPSRC: EP/P008925/1, 2017-2019 (£711,899), ‘Resilient Remanufacturing Networks: Forecasting, Informatics and Holons’. Principal Investigator (CIs: Mohamed Naim, Ying Liu).
  • EPSRC & Innovate UK: Knowledge Transfer Partnership with OCADO - KTP 10165, 2019-2021 (£202,660), Subject area: ‘Transportation /Routing Optimisation’. Academic Advisor (PI: Emrah Demir).
  • Welsh Government: Cardiff University Centre for Repair, Remake, Remanufacture and Reuse, 2020a (£488,040). Principal Investigator (CI: Dan Eyers).
  • Welsh Government: Cardiff University Centre for Repair, Remake, Remanufacture and Reuse, 2020b (£95,000), Principal Investigator (CI: Dan Eyers).
  • Welsh Government: Smart Expertise project 82505, 2021 (£324,683), ‘Enabling Repurposing - Product Transformation and Connected Collaboration’. Principal Investigator (CIs: Dan Eyers, Thanos Goltsos, Andy Davies). 
  • EPSRC: Collaborative DTP PhD studentship, 2022-2026 (£155,048), ‘Forecasting Improvements for Better Reproductive Health and Family Planning Operations in Global Health Supply Chains’. With the support of the Unites States Agency for International Development (USAID). 2nd Supervisor (with Bahman Rostami-Tabar and Federico Liberatore).
  • Welsh Government: Expansion of (RemakerSpace) AM capabilities, 2022 (£67,670), ‘Circular Hybrid Manufacturing (CHM) of Sustainable Powders for Powder-Bed-Fusion Additive Manufacturing (AM) Processes via Recycling of Machining Scraps.’ Co-Investigator (PI: Debajyoti Bhaduri, School of Engineering, Cardiff University).
  • Welsh Government: Smart Expertise project, 2024 (£79,543), ‘RemakerSpace expansion’. Principal Investigator (CIs: Dan Eyers, Rebecca Travers, Franck Lacan).
  • Welsh Government: Smart Expertise project, 2025 (£55,000), ‘PARC  expansion’. Principal Investigator (CIs: Thanos Goltsos, Franck Lacan).

Teaching

Teaching - Cardiff University

My time is devoted 100% to research (and knowledge transfer).

Previously, in Cardiff Business School, I taught Logistics Modelling, Operations Analytics and Operations Management at the MSc programmes of the Logistics and Operations Management (LOM) Section. I have contributed considerably to curriculum development (e.g. Operations Analytics module) and have received awards for excellence in postgraduate teaching.

Teaching - Internationally

In addition to the UK, I have taught internationally in China, Colombia, Denmark, France, Greece, Italy and Latvia. All courses were in the areas of Operations Management, Operational Research (Management Science) and Applied Statistics.

Biography

Qualifications

  • 2005 Postgraduate Certificate in Learning and Teaching in Higher Education, University of Salford, UK
  • 2001-2003 Military Service – Greek National
  • 2001 PhD in Operational Research, Brunel University, UK (academic scholarship and industrial sponsorship)
  • 1996 MSc in Quality Management, Stirling University, UK
  • 1995 Proficiency in Italian Language and Literature, Universita di Perugia, Italy
  • 1994 Postgraduate Diploma in Quality and Statistical Control, EU, Socrates Initiative (Athens, Brussels, Nice) (academic scholarship)
  • 1994 Proficiency in English Language and Literature, University of Cambridge, UK
  • 1993 BSc (4 years) in Business Administration, University of Piraeus (formerly the Graduate School of Industrial Studies), Athens, Greece (scholarship granted through National Public University entry examinations).

Editorial work

  • Editor in Chief (2022 - ) – IMA Journal of Management Mathematics – IMAMAN (Oxford University Press, OUP)
  • Co-Editor in Chief (2009 - 2022) – IMAMAN (OUP)
  • Associate Editor (2006 - 2020) – Journal of the Operational Research Society – JORS (Taylor Francis)
  • Associate Editor (2013 - ) – FORESIGHT – International Institute of Forecasters (practitioner oriented publication)
  • Associate Editor (2007 - 2009) – IMAMAN (OUP)
  • Guest co-editor: IMAMAN. Special issue on ‘Forecasting for Inventory Management’, issue 2, 2008
  • Guest co-editor: JORS. Special issue on ‘Supply Chain Forecasting and Planning’, issue 3, 2011
  • Co-Editor (with D. Petrovic) of the Keynotes and Short Papers Handbook, The 53rd Conference of the UK Operational Research Society (OR 53), 2011, ISBN 0- 903440-49-0.
  • Guest co-editor: OMEGA. Special issue on ‘Forecasting in Management Science’, issue 6, 2012
  • Guest co-editor: OR INSIGHT. Special issue on Keynote papers from the OR 53, issue 3, 2012
  • Guest co-editor: IMAMAN. Special issue on Keynote papers from the OR 53, issue 4, 2013.
  • Guest co-editor: International Journal of Production Economics (IJPE). Special Issue on papers from the 19th International Symposium on Inventories Research (ISIR, 2016), volume 209, 2019.
  • Guest co-editor: IJPE. Special Issue on papers from the 20th International Symposium on Inventories Research (ISIR, 2018), 2020.
  • Guest co-editor: IJPE. Special Issue on papers from the 21st International Symposium on Inventories Research (ISIR, 2022), ongoing.

Professional memberships

  • Institute of Mathematics and its Applications (IMA, Fellow)
  • International Institute of Forecasters (IIF, Board of Directors, Elected Director, 2014-2022)
  • International Society for Inventory Research (ISIR, Executive Committee, Elected Chair: Inventory Forecasting Section, 2016-)
  • Committee of Professors In Operational Research (COPIOR, Elected Secretary, 2017-2021)
  • Operational Research Society (ORS, previously served (elected) in the General Council, 2011-2014)
  • Production & Operations Management Society (POMS)
  • Institute for Operations Research & Management Sciences (INFORMS)

Supervisions

I welcome PhD applications in any of the core areas of interest to me:

  • Statistical or judgmental supply chain forecasting
  • Inventory, and inventory inaccuracies, mathematical modelling and management
  • Analytical and conceptual unification of Inventory-Forecasting
  • Inventory Forecasting in: i) spare parts, ii) after sales, iii) retail, iv) close loop, or v) 3DP-enabled supply chains
  • Inventory (and/or) Forecasting for environmental sustainability: obsolescence reduction or elimination
  • Inventory (and/or) Forecasting for social good

Current supervision

Harsha Ruwan Chamara Halgamuwe Hewage

Harsha Ruwan Chamara Halgamuwe Hewage

Ling Yuan

Ling Yuan

Research Student

News articles

Professor Aris Syntetos is recognised for his pioneering work in supply chain forecasting and inventory management.

Cardiff Business School logistics expert awarded Companionship of Operational Research

21 September 2026

Professor Aris Syntetos is recognised for his pioneering work in supply chain forecasting and inventory management.

Experts of the PARC Institute of Manufacturing, Logistics and Inventory provided training to young professionals as part of the DSV Accelerate Programme.

Cardiff Business School experts deliver training to young professionals with innovative logistics programme

16 September 2026

Experts of the PARC Institute of Manufacturing, Logistics and Inventory provided training to young professionals as part of the DSV Accelerate Programme.

Researchers at Cardiff University have helped develop a new approach to inventory management.

Cardiff University research shows retailers can dramatically improve stock accuracy and sales by ‘counting smarter’

01 September 2026

Researchers at Cardiff University have helped develop a new approach to inventory management.

Professor Aris Syntetos has been appointed to the inaugural cohort of Fellows of the Academy for the Mathematical Sciences

Professor Aris Syntetos appointed Fellow of the Academy for the Mathematical Sciences

30 January 2026

Professor Aris Syntetos has been appointed to the inaugural cohort of Fellows of the Academy for the Mathematical Sciences

Professor Aris Syntetos discusses how the logistics sector is not just a facilitator of trade, but a vital part of the Welsh economy and its future growth.

Wales at a turning point: logistics infrastructure must lead the charge for economic growth

08 December 2025

Professor Aris Syntetos discusses how the logistics sector is not just a facilitator of trade, but a vital part of the Welsh economy and its future growth.

RemakerSpace is a pioneering facility dedicated to transforming how we design, make, consume, and dispose of goods.

RemakerSpace: Repairing, reusing and rethinking

20 October 2025

RemakerSpace is a pioneering facility dedicated to transforming how we design, make, consume, and dispose of goods.

In June 2025, experts in logistics and operations management from Cardiff Business School provided training to young professionals as part of the DSV Accelerate Program.

Cardiff Business School experts deliver training to young professionals in DSV Accelerate program

13 October 2025

In June 2025, experts in logistics and operations management from Cardiff Business School provided training to young professionals as part of the DSV Accelerate Program.

Professor Aris Syntetos shares insights on his work and research surrounding inventory inaccuracies in partnership with Efficient Consumer Response.

Improving inventory record accuracy innovation summit

10 September 2025

Professor Aris Syntetos shares insights on his work and research surrounding inventory inaccuracies in partnership with Efficient Consumer Response.

The symbiotic relationship between mathematics and management was recently explored in a conference chaired by a Cardiff Business School Professor.

The interface between Management and Mathematics

16 July 2025

The symbiotic relationship between mathematics and management was recently explored in a conference chaired by a Cardiff Business School Professor.

Cardiff Business School Professors Bahman Rostami-Tabar and Aris Syntetos have been awarded the 2024 Goodeve Medal by the Operational Research (OR) Society.

Professors win prestigious Goodeve Medal

08 January 2025

Cardiff Business School Professors Bahman Rostami-Tabar and Aris Syntetos have been awarded the 2024 Goodeve Medal by the Operational Research (OR) Society.

Cardiff University’s RemakerSpace has become a dynamic hub for sustainability, creativity, and community engagement.

RemakerSpace: A year of community and sustainability

12 December 2024

Cardiff University’s RemakerSpace has become a dynamic hub for sustainability, creativity, and community engagement.

The new CEO of DSV Solutions, Albert-Derk Bruin visited Cardiff University to strengthen ties and explore collaborative opportunities.

CEO of DSV Solutions visits Cardiff University to build upon strategic partnership

01 May 2024

The new CEO of DSV Solutions, Albert-Derk Bruin visited Cardiff University to strengthen ties and explore collaborative opportunities.

Professor Konstantinos Katsikopoulos, an internationally leading researcher in the field of behavioural science, recently delivered a seminar at Cardiff Business School.

Exploring the interaction between human behaviour and operations research

23 April 2024

Professor Konstantinos Katsikopoulos, an internationally leading researcher in the field of behavioural science, recently delivered a seminar at Cardiff Business School.

RemakerSpace recently welcomed key stakeholders at an open house event to showcase its cutting-edge facilities.

RemakerSpace event spotlights circular economy initiatives

29 February 2024

RemakerSpace recently welcomed key stakeholders at an open house event to showcase its cutting-edge facilities.

The 2023 cohort of DSV's Accelerate Programme has graduated after a year-long journey.

DSV future leaders graduate from Accelerate Programme

21 February 2024

The 2023 cohort of DSV's Accelerate Programme has graduated after a year-long journey.

Cardiff Business School recently hosted the 16th International Society for Inventories Research (ISIR) PhD Summer School.

Leading minds in inventory research gather at PhD summer school

29 September 2023

Cardiff Business School recently hosted the 16th International Society for Inventories Research (ISIR) PhD Summer School.

RemakerSpace partners with Glory Global Solutions

Cardiff’s 3D printing knowhow keeps cash flowing

27 September 2023

RemakerSpace partners with Glory Global Solutions

Experts in logistics and operations management from Cardiff Business School deliver training to young professionals as part of the DSV Solutions Accelerate Programme.

DSV future leaders sharpen skills with business school experts

11 September 2023

Experts in logistics and operations management from Cardiff Business School deliver training to young professionals as part of the DSV Solutions Accelerate Programme.

RemakerSpace recently hosted an innovative sewing workshop.

A stitch in time for the circular economy

21 June 2023

RemakerSpace recently hosted an innovative sewing workshop.

Danish logistics giant teams with Cardiff University

DSV and Cardiff University seal strategic partnership

11 May 2023

Danish logistics giant teams with Cardiff University

Company strengthens ties with Cardiff Business School

DSV accelerates future leaders

27 March 2023

Company strengthens ties with Cardiff Business School

New book helps predict intermittent demand

Forecasting demand, improving inventories

02 July 2021

New book helps predict intermittent demand

Leading circular economy centre joins sbarc | spark

RemakerSpace joins Wales’ newest innovation hub

24 May 2021

Leading circular economy centre joins sbarc | spark

PARC takes part in ECR Europe webinar to launch a report on inventory record analysis

Efficient Consumer Response (ECR) Europe webinar

25 November 2019

PARC takes part in ECR Europe webinar to launch a report on inventory record analysis

KTP delivers leaner, greener business around the world

Innovation in Business

10 July 2019

KTP delivers leaner, greener business around the world

Company’s innovation secures major contract

Award for Qioptiq Cardiff Partnership

16 May 2019

Company’s innovation secures major contract

Academics demonstrate social capabilities of forecasting

India workshop success

30 January 2019

Academics demonstrate social capabilities of forecasting

3D printing transforms watchmaking

Timeless innovation

09 October 2018

3D printing transforms watchmaking

Third success for Panalpina Centre

Business School’s ‘outstanding’ KTP hat-trick

20 September 2018

Third success for Panalpina Centre

Honour marks Panalpina’s second success

Partnership bags ‘outstanding’ KTP accolade

15 May 2018

Honour marks Panalpina’s second success

Three developmental projects to deliver international public value

Funding successes for global research

04 May 2018

Three developmental projects to deliver international public value

Essential skills shared at International workshop

Forecasting for social good in India

14 March 2018

Essential skills shared at International workshop

European project investigates store inventories.

Taking stock: Cardiff Business School checks out sales

03 January 2018

European project investigates store inventories.

£220,000 project looks at streamlining Yeo Valley’s forecasting, planning and replenishment systems

Yeo Valley research project kicks off

06 June 2017

£220,000 project looks at streamlining Yeo Valley’s forecasting, planning and replenishment systems

Cardiff University and Panalpina examine ‘remanufacturing’

Squaring the circular economy

06 April 2017

Cardiff University and Panalpina examine ‘remanufacturing’

Contact Details

Email [email protected]
Telephone +44 29208 76572
Campuses Aberconway Building, Room C21, Colum Road, Cathays, Cardiff, CF10 3EU
sbarc|spark, Room 00.27, Maindy Road, Cathays, Cardiff, CF24 4HQ

Specialisms

  • Economic models and forecasting
  • Business analytics
  • Operations research
  • Production and operations management
  • Planning and decision making