Franz Edelman Award for Achievement in Operations Research and the Management Sciences
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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.
The international competition pits six teams from industry, government, healthcare, and the non-profit sectors. The competition takes place at the INFORMS Business Analytics 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 $250 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]
2024: Molslinjen and Halfspace: Achievement in Advanced Analytics, Operations Research and Management Science, for its use of operations research (O.R.) to enhance data-driven ferry operations.[2]
2023: Walmart: Consistent and innovative dedication to utilizing operations research (O.R.) and analytics in its organizational decision-making for demand forecasting, supply chain and merchandising operations.
2013: Delta Commissioner of the Netherlands: Economically Efficient Flood Standards to Protect the Netherlands against Flooding[3]
2012: TNT Express: Supply Chain-Wide Optimization at TNT Express[4]
2011: MISO: Operations Research Ramps Up the Power Market in the Midwest[5]
2010: INDEVAL:[6] application of operations research and analytics to speedily processing complex securities transactions (led by Omar Romero-Hernandez).[7][8]
2009: Hewlett-Packard: HP Transforms Product Portfolio Management with Operations Research[9]