Operations Research Prize for Risk and Mitigation Research to David Simchi-Levi and Colleagues
Professor David Simchi-Levi and eight colleagues have recently received the 2014 INFORMS Daniel H. Wagner Prize for Excellence in Operations Research Practice for a project using his Risk Exposure Index to identify risk and mitigate disruptions in the automotive supply chain. The prize is awarded for a paper and presentation that emphasize innovative, elegant mathematical modeling and clear exposition to describe a real-world, successful application of operations research or advanced analytics. Team members included two of Simchi-Levi’s former PhD students, Yehua Wei, now on the faculty at Duke, and William Schmidt, now on the faculty at Cornell, and current PhD student Peter Y. Zhang. INFORMS (the Institute for Operations Research and the Management Sciences) is the largest society of professionals in operations research, management science, and advanced analytics.