Home


The INFORMS Optimization Section was formed in the fall of 1995 and became a Society in 2004.

The Optimization Society has two goals:

  1. to promote the development and application of optimization methods and software tools for the solution of problems in Operations Research/Management Science, and
  2. to encourage the exchange of information among practitioners and scholars in the optimization area.

Highlights

2020 INFORMS Optimization Society Conference is postponed. Read more here.

Optimization Society Prizes

The deadline for applying Optimization Society prizes are May 1st. Check the page for more details.

IOS Election Results

The INFORMS Optimization Society welcomes the new officers to the executive board:

Chair-Elect: Alper Atamturk, Chair-elect Term: 2020; Chair Term: 2021-2022.
Vice Chair, Computational Optimization and Software: Ruth Misener, Term: 2020-2021.
Vice Chair, Integer and Discrete Optimization: Merve Bodur. Term: 2020-2021.
Vice Chair for Network Optimization, Jose Walteros. Term: 2020-2021.
Vice Chair, Linear and Conic Optimization, Nathan Krislock. Term: 2020-2021.
Treasurer/Secretary: Andy Sun, Term: 2020-2021.
We congratulate the new officers but also thank everyone who ran for an officer position. Please note that all of the vice chairs will resume positions immediately in January 2020.

We thank all of the outgoing officers for their service and leadership.

Optimization Society Conference 2020

[POSTPONED] The INFORMS Optimization Society conference will take place on March 15-17, 2020 in Greenville, SC. See the conference page for details.

OS Newsletter issue is out

The Fall 2018 issue of the OS newsletter is now available. Check the newsletter page for the past editions.

Discussion platform

The INFORMS Optimization Society has a community web page. You are very welcome to join it and participate in its discussions.

Optimization Stories

The OS website has a page for Optimization stories: success stories of Optimization that are documented as videos and other easily shared formats.

JOBS OF INTEREST TO IOS

  • McLean, Virginia, Advisory Senior Associate, Data & Analytics (Multiple Positions), PricewaterhouseCoopers Advisory Services LLC, McLean, VA. Assist clients with defining their information strategy, architecture and governance. Help clients navigate various analytics applications to get the most value out of technology investments. Assist with implementing enterprise content and data management applications that improve operational effectively and provide impactful data analytics and insights. Provide consulting and industry experience to solve complex business issues from strategy to execution. Apply analytical techniques within the Healthcare, Insurance, Financial Services, and Manufacturing industries. Demonstrate in-depth technical expertise. Establish and maintain client relationships and professional networks. Identify new service opportunities. 40 hrs/week, Mon-Fri, 8:30 a.m. - 5:30 p.m. MINIMUM REQUIREMENTS : Must have a Bachelor’s degree or foreign equivalent in Computer Science, Management, Information Systems, Operations Research, Business Administration or a related field, plus 3 years of related work experience. In the alternative, employer will accept a Master’s degree or foreign equivalent in Computer Science, Management, Information Systems, Operations Research, Business Administration, or a related field, plus 1 year of related work experience. Must have at least one year of experience with all of the following: - Providing end-to-end implementation of Anti-Money Laundering (AML) and sanctions systems and platforms; - Utilizing AML systems (including data mapping and profiling, and systems tuning and optimization) and leading sanctions and RPA systems, and implementation of these systems; - Utilizing intelligent robotic process automation tools (Automation Anywhere, Pega, UiPath, etc.), and AML systems technologies (Actimize, Mantas, Fircosoft, etc.); and - Using one or more of the following: of SQL, SAS, R, Python, Ruby, QlikView, Tibco Spotfire and Tableau. Travel required up to 80%. Please apply by mail, referencing Job Code VA2381, Attn: HR SSC/Talent Management, 4040 West Boy Scout Boulevard, Tampa, FL 33607.
  • Chicago, Illinois, Advisory Manager, Operations (Multiple Positions), PricewaterhouseCoopers Advisory Services LLC, Chicago, IL. Provide expertise in operations strategy and transformation, product innovation and development, supply and demand planning, supply chain management, procurement and sourcing, service operations, manufacturing and logistics. Perform reliability-centered maintenance, integration of operations with supply chains, corporate performance management, time and motion studies, and benchmarking/best-in-class practices and performances. Conduct market research, quantitative and qualitative benchmarking. Perform primary and secondary analyses of large and complex data. Use systems applications that support Operations-related processes. 40 hrs/week, Mon-Fri, 8:30 a.m. - 5:30 p.m. MINIMUM REQUIREMENTS : Must have a Bachelor’s degree or foreign equivalent in Management, Business Administration, Engineering, or a related field, plus 5 years of post-bachelor’s progressive related work experience. In the alternative, the employer will accept a Master’s degree or foreign equivalent in Management, Business Administration, Engineering, or a related field, plus 3 years of related work experience. Must have at least 1 year of experience with each of the following: Developing business strategies and transforming the value chain functions from product development through supply chain, manufacturing and product support; Conducting quantitative and qualitative benchmarking and primary and secondary analyses of large and complex data; Using system applications that support one or more of the following: product lifecycle management, network optimization, planning/forecasting, merchandising, inventory management, sourcing/e-sourcing, maintenance, enterprise asset management, materials management, warehouse management, OR transportation management; and, Identifying and addressing client needs. Travel up to 80% of the time is required. Please apply by mail, referencing Job Code IL2379, Attn: HR SSC/Talent Management, 4040 West Boy Scout Boulevard, Tampa, FL 33607.
  • New York, New York, Moody’s Investors Service (MIS) is seeking an MD, Process Excellence/Master Black Belt who will lead the strategy and vision setting towards a unified Continuous Improvement plan globally. This will include driving the implementation of initiatives and best practices for enhancing operations, processes, and efficiency. In addition, this individual will be responsible for measuring and reporting results to ensure business goals are achieved. This work will coincide with transformational work within MIS and Moody’s Corporation (MCO) more broadly. The MD, Process Excellence will: Evaluate all existing processes across MIS globally: prioritize, sequence and implement recommendations to improve organizational process performance by improving productivity and customer experience, supporting digitization and reducing costs. Manage and scale the MIS Design Center, which is comprised of full-time and rotational high potential employees who are taught to apply Design Thinking, Lean Six Sigma, and Agile methods and mindsets on transformation projects. Partner closely with the MD, Product lead in MIS Technology as processes align with the product life cycle with a targeted goal of improving customer-centric delivery. Collaborate in a matrixed environment across MIS teams as change initiatives are incubated, solved for and implemented. Create a Six Sigma dashboard/business scorecard with appropriate KPIs to then leverage as we monitor continuous improvement and/or address problem areas. Coach business leaders in Design Thinking, Lean Six Sigma and Agile management mindsets and behaviors to instill a culture of continuous improvement. Teach and train designated process, product and data owners to measure, manage and improve processes, develop process/product roadmaps, collaborate with scrum teams to automate and digitize processes where appropriate, and successfully incorporate technology improvements into work processes.   Responsibilities Transformation Strategy Partner with the MIS Senior Leadership Team to provide leadership and direction to develop and execute the strategy for breakthrough levels of improvement in operational excellence, process capability, continuous improvement and customer satisfaction across MIS. Work with MIS leaders to establish, measure and monitor business capabilities, baseline key performance indicators, establish performance targets and monitor progress; partner to ensure collaborative solutions are identified for current and future requirements. Orchestrate and oversee the strategic development, planning and execution of various transformation programs and projects targeted toward improving business performance. Serve as a transformation change agent by stimulating, communicating and institutionalizing key initiatives. Process Management Use quality improvement strategy to inform, develop and oversee the annual project deployment plan, goals, and priorities, in coordination with MIS senior leaders. Supervise and manage Design Center participants contributing to transformation projects.  Coach and manage project teams to: Define, measure, analyze, improve and manage processes and end-to-end solutions that optimize process efficiency and effectiveness, mitigate risks and right-size employee work effort to provide high quality products and services to Moody’s customers and constituents. Lead efforts to improve quality and/or minimize process cost. Use data analysis and process modeling to craft appropriate solutions that meet business and customer/constituent requirements. Assess risks associated with current and proposed processes against business objectives and ensure solutions align with the risk appetite and risk management framework. Work with process, product and data owners to develop and manage all aspects of a process, including roles, responsibilities, training, operations and business systems. Pilot and introduce new processes in a smooth and effective manner.  Mentor individuals and teams to build capabilities to ensure continuous improvement after initial implementation. Set KPIs for each project team in cooperation with executive and operations leadership and execute on those targets. Institute, direct and facilitate the improvement process using methods and mindsets,  such as: Design Thinking, Value Stream Mapping, Continuous Improvement Process, Kaizen, Statistical Process Control, Six Sigma DMAIC, Design for Six Sigma DMADOV, etc..., for sustained improvements in productivity, efficiency, end-to-end process management and continuous process improvement. Independently gauge effects and provide regular updates to MIS senior leaders on progress, issues, or needs. Confirm effectiveness of implemented actions via financial and non-financial reporting.   Lean Six Sigma Mentorship & Skill Development Teach, train, coach, and mentor selected MIS employees who will participate in the rotational program in the Design Center on the implementation of Design Thinking, Lean Six Sigma, and Agile skills. Support overall development across MIS executives, managers and employees as they seek to manage processes, data, and products that will drive best-in-class service for customers. Instruct and oversee teams who will apply Design For Six Sigma principles and methods to creating new processes and building new products and service offerings. Develop and execute on product/process roadmaps in partnership with MIS Technology and Compliance (and other functional areas as needed). Certify employees who demonstrate required skills and competencies to earn Lean Six Sigma Green Belt, Black Belt, and Master Black Belt qualifications. Oversee and report upon all Lean Six Sigma activities, including trainings, certifications and events, in addition to cost savings achieved. Qualifications/Requirements: Minimum of 15 years of experience in executive leadership roles responsible for operations, transformation, and/or quality Master Black Belt certification in Lean Six Sigma Exceptional people leader who embraces diversity and inclusion with successful experiences leading transformational changes in multiple settings (i.e. organization or lines of business); preference for experience in a regulated environment Change agent with strong credibility and influence in the organization Motivated to achieve results through teamwork and collaboration; drives results through managing teams to success, in addition to partnering with others to achieve results (i.e. team player)   Dedicated to delivering a great client experience, while complying with laws and regulations Forward leaning into technology, automation, and emerging financial products Experience working with and leading self-directed teams Strong analytical and quantitative skills Customer focused in defining quality and establishing priorities Ability to deliver effective presentations and educate at all levels of the organization Intellectually curious, open minded, and a creative problem solver with impeccable judgment
  • San Jose, California, Advisory Manager, Operations Consulting (Multiple Positions), PricewaterhouseCoopers Advisory Services LLC, San Jose, CA . Provide expertise in operations strategy, product innovation and development, supply and demand planning, supply chain management, procurement and sourcing, service operations, manufacturing and logistics. Translate business strategy into effective operations to drive both growth and profitability. Perform reliability-centered maintenance, integration of operations with supply chains, corporate performance management, time and motion studies, and benchmarking/best-in-class practices and performances. Use systems applications that support Operations-related processes. Lead project work streams, including project staffing, budgeting, planning and status updating. Manage engagement teams, provide coaching and feedback in a timely manner. Maintain client relationships. 40 hrs/week, Mon-Fri, 8:30 a.m. - 5:30 p.m. MINIMUM REQUIREMENTS : Must have a Bachelor’s degree or foreign equivalent in Engineering, Accounting, Business Administration, or a related field, plus 5 years of post-bachelor’s, progressive related work experience in the areas of financial, healthcare, or products and services industries; OR a Master’s degree or foreign equivalent in Engineering, Accounting, Business Administration, or a related field, plus 3 years of related work experience in the areas of financial, healthcare, or products and services industries. Must have at least one year of experience with each of the following: - Developing business strategies and transforming the value chain functions from product development through supply chain, manufacturing and product support; - Conducting quantitative and qualitative benchmarking and primary and secondary analyses of large and complex data; and - Using system applications that support one or more of the following: product lifecycle management, network optimization, planning/forecasting, merchandising, inventory management, sourcing/e-sourcing, maintenance, enterprise asset management, materials management, warehouse management, or transportation management, and - Identifying and addressing client needs. Travel up to 80% is required. Please apply by mail, referencing Job Code CA2698, Attn: HR SSC/Talent Management, 4040 West Boy Scout Boulevard, Tampa, FL 33607.
  • Roseville, California, FINAL FILING DATE:                        We are accepting applications until closing at 5 pm, September 29, 2020.   IT IS MANDATORY THAT YOU COMPLETE THE SUPPLEMENTAL QUESTIONNAIRE. YOUR APPLICATION WILL BE REJECTED IF YOU DO NOT PROVIDE ALL NECESSARY INFORMATION .   THE POSITION The Human Resources Department is accepting applications for the Regular and full-time position of Electric Resources Analyst I in the Electric Department.  The normal work schedule is Monday through Friday, 8:00 am –5:00 pm; a flex schedule may be available.   The City of Roseville promotes a no smoking atmosphere.   THE CITY The City of Roseville (COR) incorporates the following Core Competencies as part of the City’s culture: Focus on people: Develop and deliver service-oriented solutions that meet or exceed expectations. Build trust: Ensure honesty and integrity to gain confidence and support of others. Ensure accountability: Take responsibility for the outcomes of one’s own work and foster a sense of ownership in others. Communicate effectively: Deliver clear, concise messages and actively listen to ideas and questions. Collaborate inclusively: Build effective working partnerships, alliances, and teams. Make quality decisions: Make sound, timely decisions and recommendations. Be adaptable/agile: Change approach or methods to best fit the situation and effectively balance competing priorities.   DEFINITION To perform complex professional analytical work related to planning, evaluating, procuring, administering, and managing the risk associated with the Electric Utility Department’s supply resources.   DISTINGUISHING CHARACTERISTICS This is the entry level class in the Electric Resources Analyst series.  This class is distinguished from the journey level by the performance of the more routine tasks and duties assigned to positions within this series.  Employees at this level are not expected to perform with the same independence of direction and judgment on matters allocated to the journey level.  Since this class is typically used as a training class, employees may have only limited or no directly related work experience.  Employees work under general supervision while learning job tasks.   SUPERVISION RECEIVED AND EXERCISED Receives general supervision from an assigned supervisor; may receive technical and functional supervision from an Electric Resources Analyst II.   EXAMPLES OF ESSENTIAL DUTIES - Duties may include, but are not limited to, the following: Identify current and future load/resource balances; prepare analysis and recommendations for electricity and natural gas purchases/sales to maximize portfolio value while remaining within City risk management policies. Conduct detailed energy resource planning studies and provide analysis of electricity and natural gas market price trends and data. Ensure program compliance with Federal, State and local laws, rules and regulations. Procure and/or trade Natural Gas, Electricity, Green House Gas allowance and other commodities in accordance with City policies and State and Federal mandates. Prepare, analyze, negotiate, and administer power supply and natural gas contracts and agreements; prepare requests for proposals and evaluate technical, economic, and regulatory feasibility of contracts and projects. Optimize the City’s power supply portfolio by identifying, analyzing, and assessing market trends and costs and making appropriate recommendations regarding short-term and long-term strategic planning; maintain electricity and natural gas price risk management program and propose improvements. Develop, modify, maintain, and use computer based models related to power production costs, current market transactions, forecasts of need and supply; and anticipated procurement costs; validate model assumptions and address needed changes in the model planning process, and software installation/maintenance, as appropriate. Represent the City’s electric utility interests to a variety of organizations and agencies on power resource planning, including pooling, contracts, transmission lines, market re-design, and regulatory compliance and changes. Research, follow, and make recommendations regarding proposed legislation, regulatory changes, litigation, power supply contracts, energy transactions, and current trends such as greenhouse gas emissions and climate change, that affect the City’s position in the energy market. Assist in budget preparation and financial planning by compiling data, preparing and creating financial models and forecasts; prepare financial reports. Coordinate with other divisions and City departments and outside organizations and agencies regarding the City’s power supply resources. Intervene and/or support intervention during the development of legislation or regulations consistent with the interests of the City. Prepare written analysis of complex data for use by City decision makers; prepare and make oral presentations related to the department’s supply resources. Participate in the selection of staff; provide or coordinate staff training; work with employees to correct deficiencies; implement discipline procedures. Participate in and/or manage special projects, as assigned. Build and maintain positive working relationships with co-workers, other City employees and the public using principles of good customer service. Perform related duties as assigned. MINIMUM QUALIFICATIONS   Knowledge of: Principles and practices of mathematical and statistical analysis and modeling. Principles and methods of decision analysis, including cost/benefit analysis. Techniques of data analysis and related software and computer interfacing. Basic program and project management and contract administration. Modern office systems and equipment, including specialized computer applications for forecasting and modeling. Technical report writing procedures and techniques.   Ability to: Perform complex professional analytical work related to planning, evaluating, procuring, and managing the risk associated with electric power supply resources. On a continuous basis, know and understand all aspects of the job; intermittently analyze work papers, reports and special projects; identify and interpret technical and numerical information; observe and problem solve operational and technical policy and procedures. On a continuous basis, sit at desk for long periods of time; intermittently twist to reach equipment surrounding desk; perform simple grasping and fine manipulation; use telephone, and write or use a keyboard to communicate through written means; and lift or carry weight of 10 pounds or less. Learn gas and electric utility and related financial transaction terms, pricing, and settlements. Learn gas and electric market mechanics and analysis and power plant operating parameters and limitations. Learn power systems optimization methodologies, including related software programs. Learn pertinent local, State, and Federal laws, ordinances and rules. Learn polices and procedure of the Electric Utility Department. Present complex and technical information in writing and orally to a wide variety of audiences. Communicate clearly and concisely, both orally and in writing. Establish and maintain effective working relationships with those contacted in the course of work.   Experience and Training   Experience: One year of energy resource planning experience related to analysis of supply and procurement, portfolio administration and/or associated risk management in an electric utility or two years of experience performing analysis related to load forecasting, electric utility industry financial analysis, wholesale/retail rate design, or related analysis for an electric utility.   Training: A Bachelor’s degree from an accredited college or university, preferably with major course work in business administration, public administration, economics, engineering, mathematics or a related field.   AND   License or Certificate Possession of a valid California driver’s license by date of appointment. Please visit our jobs page at www.roseville.ca.us/jobs to apply for this position.

Blogs

Log in to see this information

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

INFORMS Journal on Optimization Articles

Latest Discussions

There are no discussions to which you have access

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

Recent Shared Files

No Data Found

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

MOST ACTIVE MEMBERS

  • photo not available
    Gerhard Weber
    32 Points
  • Suvrajeet Sen
    Suvrajeet Sen
    26 Points
  • photo not available
    Jorge Nocedal
    18 Points