Victor Menezes Convention Center (VMCC), Room 31, IIT Bombay
About the Day
Industrial Engineering and Operations
Research at IIT Bombay is celebrating IEOR Day on Saturday, 18 March 2017 to bring
together our alumni and experts from industry and academia. The theme this
year is analytics. It will feature talks by experts, student
competitions, poster sessions, panel discussions and more. The day will also
mark felicitations of senior faculties
Programme
Speakers
Speakers who will be coming for sharing the moment
Industrial Engineering and Operations Research at IIT Bombay
(IEOR@IITBombay) and McKinsey Knowledge Centre India have partnered to
create a challenging competition for students interested in Analytics.
Three winners of the competition stand to win an iPad Pro, Bose wireless
headphones, and a Kindle Oasis. The winners of this competition will also
have an opportunity to directly present their findings during the much
awaited IEOR Day @ IIT Bombay.
Ronald Coase had stated "If you torture the data long enough, it will
confess". We hope that this competition will ignite the innovator in you
and give you a glimpse of how data analytics techniques are useful in
solving real life operations research problems.
Registration for the competition has started. Contest starts from 25th
February and ends on 5th March.
To register and participate click on the button below
Registeration is open to everyone interested in Industrial Engineering and Operations Research. There is no fees involved, however there are limited seats available on first-come-first-served basis because of space-constraints. Registration is required to attend the event. Students of IEOR and related subjects are especially encouraged to register. Breakfast and lunch will be covered. Accomodation arrangements should be made on your own.
Dr. S. SenGupta has nearly thirty years of experience in applied research, design, development and
management in the industry and six years in scientific computing and academics. At Tata Consultancy
Services Ltd (/Tata Infotech Ltd) since 1982, he retired in 2011 but continues the association with TCS. Since
1985, his activities covered leading the company’s research and business in the areas of
Enterprise Architecture and Enterprise Engineering
Currently leading research into the creation of an operational scheduling system for country-wide railway
networks, that is several orders of magnitude larger than comparable systems. Investigations include
innovations in scenario-aware methods of rapid but high quality optimization of train schedules and the use of
super-computing resources. The work involves two TCS research labs and faculty and students from the
departments of IE/OR and CS&E, IIT Bombay.
Subjects taught/lectured on at business schools & other academic institutes include
Service Innovation
Components of Strategic Management Model
Capacity & Demand balancing in Services
Strategic Fit of Product Design to Demand
Supply Chain optimization
Optimization, including with Constraint Propagation & Expert Systems
Generating value from ICT
Invited Talk By Dr. Ashwani Kumar
Topic: A Practical Perspective on Big Data and Analytics: Hype vs Hands-on This talk will draw heavily from the Big Data and Analytics related Initiatives and Actual use-cases in transport sector, especially Indian Railways
Speaker Details
Dr. Ashwani Kumar, an IRTS officer, is General Manager at Centre for Railway Information Systems (CRIS) where he heads Analytics, Ticketing and Web Application groups. He got his PhD from Singapore -MIT Alliance where he was a doctoral fellow in ‘Future Urban Mobility’ group for four years. His PhD research focused on application of analytics and optimization techniques to solve Last-mile problem in urban transport. He was also a research fellow at MIT Transit research lab, USA, and at Future Cities Lab, ETH Zurich. He also holds a Bachelors degree in Civil Engineering from IIT Delhi and a PG Diploma from IIM Bangalore. He served as Director/Strategic planning and Director/vigilance in Ministry of Railways for three years besides having served in Operations, commercial and safety functions in various divisions of Indian Railways for over 10 years. He also designed industrial structures and Off-shore oil platforms during his one-year stint with EIL. Apart from publishing in academic journals, he writes frequently in Indian express and EPW on a variety of urban and transport related issues. He has delivered key-note addresses and presented papers extensively in more than 20 countries. He has also developed and patented the concept of a new system/mode of urban transport called “Caterpillar train” which was rated as the best innovation in Transportation by MIT in 2016, and is widely considered as one of the designs that will change future public transportation. He has been awarded and felicitated at various forums for the same.
Panel Discussion I
Topic:The Impact of Operations Research and analytics on Industry
It is well known that Operations Research, as a field, deals with the
application of advanced analytical methods to make better decisions. Since
World War II (when modern OR really took off) there are a plenty of success
stories on the use of OR in industry. Now, over the last decade or so, the
field (or process?) of Analytics has emerged as a game changer across
industry sectors, and is seen to include areas such as Statistics, Computer
Science and Operations Research (popularly in that order!).
Topics of discussion will include
what is the role of OR in analytics?
Until now, how have industries benefitted from OR and analytics?
What are the future opportunities of OR and analytics in the industry?
What are the future challenges in OR/analytics and how should we prepare
for them?
Topic: Applications of Data Analytics in the Automobile
Talk Details
Automobile industry is going through major transformation and OEMs arechallenged to offer innovative solutions for future mobility. This talkwill highlight few such challenges in engineering and after sales forfuture mobility. Large number of constraints are imposed by engineering,sales, production, and logistics which affects the final customer choices.Operations Research methods are applied to estimate future customer demandin order to support a cost minimized production. Further, predictability ofa quality issue is a top concern for premium automobiles. In order toprevent any field deficiencies, large amount of data is collected andanalyzed to predict eventual failures and to support preventive actions.Some examples will be given.
Topic: Application of Operations Research in Industrial Scheduling
Talk Details
Rahul's team suggests a simple two stage approach to solve a special case of an unrelated parallel machine scheduling problem, faced by an Indian wire drawing firm.
stage 1: A linear programming model is used to assign jobs to the machines.
stage 2: In the second stage, the problem specific information is used find an optimal sequence for the assigned jobs on each machine.
On applying the proposed approach to solve the firm’s scheduling firm by using the collected data, results indicate the firm can save valuable time at the bottleneck wire drawing operation by using the proposed scheduling approach.
Topic: Operations Analytics at McKinsey & Company - An Introduction
Prashant Jani is knowledge expert with McKinsey & Company and leads Global Supply Chain Center of Competence. He joined McKinsey in 2008.
Jani specializes in network optimization, inventory management and operational logistics problems in supply chain. His core area of interest remains Analytics in supply chain and Operations
Prior to joining the firm, Jani has over three years of experience with i2 Technologies (supply chain company) as a lead developer of Sourcing optimization software.
Dr. Goutam Sen is an Assistant Professor in the Department of Industrial & Systems Engineering at IIT Kharagpur. Prior to joining the institute, he earned a Doctorate fromIEOR,IIT Bombay and Monash University under a joint PhD program. He is the youngest faculty in the department and he has demonsrated his research capabilities through publications in prestigiousjournals in the area of Operations Research. He is actively engaged in research that is related to the development of automated tools for better decision making. Some of his ongoing research areas have received attention and cooperation fromforeign universities, other IITs and IIMs, Indian Railway, ISRO,DRDO and Police.
Panel Discussion II
Topic: Current research and development activities in analytics (in
particular, IEOR aspects of it) in Indian industry
IEOR is increasingly playing important role in the analytics side of many industries. We would like to discuss about the state of R&D activities in
Indian industry in these areas.
Topics of discussion will include
What is current scope in Indian industry for researchers trained in
analytics at an Indian academic institution?
Research environment in Indian industry - What value does investing in R&D
in analytics hold in Indian industry?
What is the industry doing for R&D in analytics?
creating infrastructure
supporting the research environment
are there tangible or intangible benefits yet?
What is the perceived role of Indian academic institutions in the
research activities in industry?