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  • [May 30, 2018]

    Data, Risk and Analytics--- Rethinking Supply Chain Management

  • Speaker:
    David D. Yao
    Date:
    Wednesday, May 30, 2018
    Time:
    10:00am
    Location:
    Lakeview A, Zhongguan Global Village
    Host:
    Leyuan Shi
  • Abstract
  • How data and analytics will impact traditional OR/OM approaches to supply chain management? In particular, how integrating certain real-time control and hedging strategies into production planning can better mitigate the risk associated with demand uncertainty. Some general thoughts and ideas will be shared, along with an overview of some technical issues involved.
  • Biography
  • David D. Yao is the Piyasombatkul Family Professor of Industrial Engineering and Operations Research at Columbia University, where he is the founding chair of the Financial and Business Analytics Center at Columbia Data Science Institute. His research and teaching interests are in applied probability and stochastic systems, focusing on resource control and risk management issues. He is an IEEE Fellow, an INFORMS Fellow, and a member of the National Academy of Engineering. He currently serves on the Board on Mathematical Sciences and Analytics of the  National Academies of Science, Engineering and Medicine.