David Simchi-Levi Explained

David Simchi-Levi
Citizenship:American and Israeli
Fields:Operations research
Supply chain management
Logistics and Manufacturing Systems
Workplaces:Massachusetts Institute of Technology
Known For:Editor-in-Chief, Management Science
Former Editor-in-Chief, Operations Research
Former Editor-in-Chief, Naval Research Logistics
Former Senior Editor, Manufacturing & Service Operations Management (M&SOM)
Former Department Editor, IIE Transactions
Former Transportation Area Editor, Operations Research

David Simchi-Levi is an American academic working as a Professor of Engineering Systems at Massachusetts Institute of Technology.[1] He is also the founder or co-founder of several companies.[2] Simchi-Levi's research focuses on supply chain management, revenue management, and business analytics.[3] [4]

Education

David Simchi-Levi obtained his B.Sc. in Aeronautical Engineering at Technion Israel Institute of Technology in 1978 and earned M.Sc. and Ph.D. in Operations Research from Faculty of Management at Tel Aviv University in 1984 and 1987 respectively.[5]

Career

He has been a lecturer in Tel Aviv University (1984–1985) and Columbia University (1986–1987). He became an assistant professor in the Department of Industrial Engineering and Operations Research in Columbia University (1987–1991). He then joined Northwestern University in 1993 as an associate professor in the Department of Industrial Engineering and Management Sciences, and was promoted to full professor in 1997. Now he is a professor in Massachusetts Institute of Technology. He was a co-director of Leaders for Global Operations (2003–2016), a dual degree program at MIT,[6] and a co-director of Systems Design and Management (2003–2010).[7]

Academic Work

David Simchi-Levi's publications have been cited 22516 times in total, with 65 h-index and 156 i10-index.[8] He co-authored the book Designing & Managing the Supply Chain.[9] Simchi-Levi is the current Editor-in-Chief of Management Science[10] and was the Editor-in-Chief for Operations Research from 2006 to 2012.[11]

Risk Exposure Model

David Simchi-Levi's Risk Exposure Model[12] has pioneered a new approach to assessment of supply chain resilience and risk-tolerance. The work allows to quantitatively model and estimate the supply chain exposure to disruption and develop mitigation strategies. In February 2020, at the beginning of the COVID pandemic, Professor Simchi-Levi used the Risk Exposure Model to predict that supply chains in North America and Europe will stop by mid-march of that year, see HBR article, which is exactly what happened, see Fortune March 17, 2020 and New York Times March 18, 2020. Subsequently, in April of 2020, he coined the term Supply Chain Stress-Test, see HBR article, which relies on the Risk Exposure Model. Today companies around the globe are using his approach to quantify the resiliency of their supply chain and develop mitigation strategies.

Entrepreneurship

Simchi-Levi was the founder of LogicTools which provided software and professional services for supply chain optimization.[13] The company became part of IBM in 2009. In 2012 he co-founded OPS Rules, an operations analytics consulting company. The company became part of Accenture in 2016.[14]

In 2014, he co-founded Opalytics, a cloud analytics platform company focusing on operations and supply chain intelligence.

Recognition

He was elected to the 2006 class of Fellows of the Institute for Operations Research and the Management Sciences.

In 2020, he was awarded the prestigious INFORMS Impact Prize for playing a leading role in developing and disseminating a new highly impactful paradigm for the identification and mitigation of risks in global supply chains.

In 2023, he has been elected a member of the National Academy of Engineering for contributions using optimization and stochastic modeling to enhance supply chain management and operations.[15]

In 2024, he was appointed to the William Barton Rogers Professorship at MIT. This chaired professorship is named after the founder and first president of MIT.[16]

Notes and References

  1. News: Dr. David Simchi-Levi, Supply Chain/Operations Researcher, Consultant, Author and MIT Professor. 2016. One-On-Obe.
  2. Harvard Business Review. A New Approach to Manage Supply Chain Risk. 2015-10-21. Operations. Simchi-Levi . David .
  3. Web site: David Simchi-Levi . 2023-03-02 . IDSS . en-US.
  4. Web site: David Simchi-Levi . 2023-03-02 . cee.mit.edu . en-US.
  5. Web site: Vita: my life in one page. 2019-06-06. David Simchi-Levi.
  6. Web site: About MIT LGO. lgo.mit.edu.
  7. Web site: David Simchi-Levi. MIT Sloan.
  8. Web site: David Simchi-Levi. Google Scholar.
  9. News: Supply Chain Planning in a Global Environment. Malone. Robert. 2002-04-01. Inbound Logistics.
  10. Web site: Management Science: Editorial Board. Informs PubsOnline.
  11. Web site: Operations Research: Editorial Board. Informs PubsOnline.
  12. https://hbr.org/2014/01/from-superstorms-to-factory-fires-managing-unpredictable-supply-chain-disruptions
  13. Web site: Company Overview of LogicTools, Inc. Snapshot. Bloomberg.
  14. https://newsroom.accenture.com/news/2016/accenture-to-acquire-ops-rules-to-expand-its-machine-learning-and-operations-analytics-capabilities-that-help-deliver-data-driven-transformation
  15. Web site: National Academy of Engineering Elects 106 Members and 18 International Members . 2023-03-02 . NAE Website . en.
  16. https://cee.mit.edu/people_individual/david-simchi-levi/