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Franz Edelman Award for Achievement in Operations Research and the Management Sciences

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Franz Edelman Award for Achievement in Operations Research and the Management Sciences

Edelman Award logo

The Franz Edelman Award for Achievement in Operations Research and the Management Sciences recognizes excellence in the execution of operations research on the organizational level.

About

The award is presented annually by the Institute for Operations Research and the Management Sciences (INFORMS).

The international competition pits 5 to 7 teams from industry, government, healthcare, and the non-profit sectors. The competition takes place at the INFORMS spring practice conference and concludes with the announcement of the winner at a gala dinner at the conference. It began in 1971 as the TIMS Prize and was named for Franz Edelman, the operations research director of RCA, shortly after his death in 1982. It carries a cash award of $10,000. Since its inception, nearly $160 billion in benefits have been tabulated among Franz Edelman Award finalist teams. Following the competition, INFORMS publishes papers by the Edelman finalists in the January issue of the INFORMS journal Interfaces.[1]

List of recent winners

  • 2013: Delta Commissioner of Holland: Economically Efficient Flood Standards to Protect the Netherlands against Flooding[2]
  • 2012: TNT Express: Supply Chain-Wide Optimization at TNT Express[3]
  • 2011: MISO: Operations Research Ramps Up the Power Market in the Midwest[4]
  • 2010: INDEVAL:[5] application of operations research and analytics to speedily processing complex securities transactions[6]
  • 2009: Hewlett-Packard: HP Transforms Product Portfolio Management with Operations Research[7]
  • 2008: Netherlands Railways: The New Dutch Timetable—the OR Revolution[8]
  • 2007: Memorial Sloan-Kettering Cancer Center: Operations Research Answers to Cancer Therapeutics
  • 2006: Warner Robins Air Logistics Center: Streamlining Aircraft Repair and Overhaul at Warner Robins Air Logistics Center
  • 2005: General Motors: General Motors Increases Its Production Throughput
  • 2004: Motorola Inc: Reinventing the Supplier Negotiation Process at Motorola
  • 2003: Canadian Pacific Railway (First-Place Winner): Perfecting the Scheduled Railroad- Model-Driven Operating Plan Development
  • 2002: Continental Airlines: A New Era for Crew Recovery at Continental Airlines
  • 2001: Merrill Lynch, Inc: Pricing Analysis for Merrill Lynch Integrated Choice
  • 2000: Jeppesen Sanderson, Inc.: Flexible Planning and Technology Management at Jeppesen Sanderson, Inc.

Dutch institutions won the Edelman Award three times in the period 2008-2013. Researchers of Tilburg University were involved in the winning teams of 2012 and 2013.

References

  1. ^ Interfaces, January, 2009
  2. ^ [1]
  3. ^ [2]
  4. ^ Midwest ISO Edelman Award Press Release
  5. ^ INDEVAL is the Mexican Central Securities Depository, the Mexican government securities clearing agency.
  6. ^ INDEVAL Edelman Award Press Release
  7. ^ New York Times blog
  8. ^ Erasmus University Rotterdam

External links

  • Science of Better
  • Franz Edelman Award website
  • BusinessWeek blog
  • Earlier winners
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