RANGANATH NUGGEHALLI
UPS, Principal Scientist
Tales from the Crypt: Lessons Learned in Implementing Optimization Systems
Though the field of operations research was founded in practice, today there exists a substantial gap between its theoretical capabilities and real world impact. The field of operations research/management science/advanced analytics has never been more relevant than it is today. Our profession is in a unique position to solve the myriad problems that face our societies. The estimated $250 billion benefits generated by the by the 266 Edelman finalists since 1976, while very impressive, only represent the tip of the real savings produced by the operations research projects. Yet, a large number of systems are either never completed or fail to provide the full benefits. The never ending need for increased efficiency, availability of abundant data, and relatively inexpensive computing power makes it a golden age for the profession … provided we make use of the opportunity and deliver real world benefits. This interactive session will draw on the author’s more than 25 years of experience on implementing operations research systems and discuss the factors that contribute to the successful implementation and deployment of operations research systems.
Though the field of operations research was founded in practice, today there exists a substantial gap between its theoretical capabilities and real world impact. The field of operations research/management science/advanced analytics has never been more relevant than it is today. Our profession is in a unique position to solve the myriad problems that face our societies. The estimated $250 billion benefits generated by the by the 266 Edelman finalists since 1976, while very impressive, only represent the tip of the real savings produced by the operations research projects. Yet, a large number of systems are either never completed or fail to provide the full benefits. The never ending need for increased efficiency, availability of abundant data, and relatively inexpensive computing power makes it a golden age for the profession … provided we make use of the opportunity and deliver real world benefits. This interactive session will draw on the author’s more than 25 years of experience on implementing operations research systems and discuss the factors that contribute to the successful implementation and deployment of operations research systems.