Stanford Graduate School of Business
Philip Morse Plenary Lecture
Lawrence M. Wein is the Paul E. Holden Professor of Management Science at the Graduate School of Business, Stanford University. He received a Ph.D. from the Operations Research Department at Stanford University in 1988. He was a professor at MIT's Sloan School of Management from 1988 to 2002.
His research interests are in manufacturing, health care and homeland security.
He was Editor-in-Chief of Operations Research from 2000 to 2005. He has been awarded a Presidential Young Investigator Award, the Erlang Prize, the Koopman Prize, the INFORMS Expository Writing Award, the INFORMS President's Award, the Philip McCord Morse Lectureship, and the Lanchester Prize. He is an INFORMS Fellow, a M&SOM Fellow and a member of the National Academy of Engineering.
Larry Wein's talk >> (PDF)
Mr. Friend joined Bain Capital in 2006. Prior to Bain Capital, Mr. Friend was Chairman of the Executive Advisory Board and VP of Marketing & Science for Oracle Retail. Prior to its acquisition by Oracle in 2005 Mr. Friend was the President and co-founder of ProfitLogic, a Bain Capital portfolio company. In 2005, Mr. Friend was named a winner of the Ernst & Young "Entrepreneur of the Year Award" in New England. Prior to ProfitLogic, Mr. Friend held positions at Learning Sciences Corporation, The Parthenon Group and IBM.
Mr. Friend received an MBA, with distinction, from Harvard Business School and a BA, magna cum laude, in Electrical Engineering and Economics from Brown University
Analytics Consultant and Senior Lecturer MIT Sloan School of Management
Rama helps companies improve their operational and financial performance through the judicious use of analytics techniques. Earlier in his career, as Chief Scientist and VP of R&D at price optimization software firm ProfitLogic, Rama pioneered the development of techniques for optimally pricing and promoting seasonal and fashion-sensitive merchandise for retailers. By combining elements of consumer psychology, econometric modeling, data mining and optimization, Rama’s team was able to help retailers achieve 10-15% increases in gross margin dollars within 4-6 months of adopting the ProfitLogic approach.
ProfitLogic was acquired by Oracle in July 2005. After the acquisition, Rama became Chief Scientist and Vice-President of Analytic R&D for Oracle’s Retail Global Business Unit. In this role, he led a global team of engineers and scientists in the research, design and development of forecasting, planning and optimization software products for retailers.
Prior to joining ProfitLogic, Rama was founder and principal of Profit Sciences, an analytics consulting firm, where he advised clients on the design of optimization algorithms to solve complex resource allocation problems. Earlier in his career, he was an Engagement Manager at McKinsey & Company, advising Global 200 senior managers on solving strategic and operational problems using analytical techniques. Rama began his career with the Decision Technologies group of American Airlines, where he worked on building model-based solutions for a variety of airline problems.
Rama holds a B.S. in Engineering from the Indian Institute of Technology, Madras and M.S. and Ph.D. degrees in Operations Research from the Massachusetts Institute of Technology.