Actuarial science and data science skills extend beyond traditional areas like insurance. In this project, we explore various data-driven models to enhance pharmaceutical company operations and guide business decision-making. For instance, we use risk control skills to create a sales order approval system, predictive modeling to forecast future sales, and optimization skills to automate logistics and dispatch for delivery trucks.
Luyan is a pharmaceutical company headquartered in Xiamen, Fujian, China, with operations in health product R&D, manufacturing, and distribution. As an industry leader, it is exploring new ways of improving its services provided to its customers.
This is an exploratory project, and the tasks will be performed including but not limited to
- Data wrangling
- Risk management
- Optimization
- Feature engineering using NLP
- Supervised/unsupervised learning
Supervisor:Â Zhiyu Quan