About Us...


 

As a Senior Operations Research Analyst, many times the question arises... OR?... What's that?  I think the best definition thus so far comes from "A business Executive's Guide to Modern OR" by Randy Robinson.

Modern OR can be defined as the application of scientific methods to improve the effectiveness of operations, decisions and management. By means such as analyzing data, creating mathematical models and proposing innovative approaches, OR professionals develop scientifically based information that gives insight and guides decision-making. They also develop related software, systems, services and products.

In other words, OR professionals specialize in doing advanced analysis to create and interpret valuable knowledge. The purpose of that knowledge is to assist management by furnishing insight and guidance. OR professionals, first and foremost, are experts in mathematical modeling for managerial applications.

OR may assist with almost any management function. For instance, it helps executives and managers make key decisions, solve urgent problems, design better multi-step operations (often called processes), set policy, plan, forecast and measure results. OR serves non-managers as well. For example, it may help engineers or consumers improve decision-making and other functions ordinarily performed by managers. You will find applications of OR in diverse types of organizations, at diverse organizational levels.

OR professionals also develop software systems, including the large decision-support systems that perform make-or-break jobs in some companies. And they develop new products and services that depend on OR methods.

In Summary, OR helps take advantage of the latest analytical and computer-system methods to improve bottom-line results. It provides the highest-tech management consulting on the planet. It develops decision-support systems and managerial command-and-control systems, as well as modern products and services that embody advanced decision-making methods. The analysis OR can deliver is vastly more powerful than non-OR analysis such as projections of accounting reports and other standard spreadsheet studies. The beneficial results of OR analysis may be substantial company-rescuing in some instances.

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