Tuesday, January 27, 2009

To Merge or Not to Merge

The big news today is the merger of Pfizer and Wyeth Pharmaceuticals, to the tune of $68 billion. Clearly, some of the potential benefits will involve the integration of these global firms' supply chain networks.

Hot off the press regarding the topic of horizontal mergers and acquisitions through supply chain integration, is the leading paper in the journal Transportation Research E: Logistics and Transportation Review, which I wrote way back in 2007, and which now appears in volume 45 (2009), pp. 1-15.

As I have mentioned before in this blog, one of my primary areas of research is operations research / management science, which involves the science of better decision-making. Our professional society is called INFORMS (The Institute of Operations Research and the Management Sciences) and there are now associated with it a growing number of bloggers. INFORMS has, as its members, academics, researchers, practitioners, as well as students, and the topics tackled by its members are some of the most pressing ones today.