Although I could not be at the INFORMS Conference on Business Analytics & Operations Research Conference that is still taking place in Huntington Beach, California (April 15-17, 2012), one of my Center Associates, Dr. Padma Ramanujam of SAS, is there, and good news travels fast.
Yesterday, at the Edelman Awards Competition and Gala, the winner of this year's Edelman Prize (which is considered to be the Academy Award of Business Analytics and Operations Research) was announced.
This year's Franz Edelaman winner is TNT Express, the global logistics company!
According to the press releases:
Every week 4.7 million parcels, documents, and pieces of freight must be
transported by TNT Express to over 200 countries while maintaining the
company's service standards. Until recently, this was done without
mathematical support. In 2005 TNT moved to a fact-based decision-making
system, the Global Optimization (GO) Program, which uses mathematical
TNT Express routinely uses such
tools to enhance its transportation networks, resulting in
more efficient routes and lower mileage.
"We are delighted to receive this award, which
testifies to the sophistication and efficiency of TNT's
operations," said TNT Express Managing Director Global
Networks and Operations Chris Goossens. "Using
operations research helps TNT save costs, improve service
to customers and develop managers' skills."
The awarded GO program covers multiple aspects of TNT's
operations, including site location planning, optimal truck
routing, fleet management and staff scheduling. TNT
Express carried out 200 network optimisation projects
in 2011. Since 2005, TNT Express has saved
60 million kilometres of mileage and 54 million
kg of CO2 emissions by optimising its domestic networks in
Germany, France, Spain and Italy.
Isn't it wonderful to see network optimization, and the powerful tools of operations research, not only helping businesses but also the world by reducing the associated carbon imprint!
Congrats to TNT Express and to all the Edelman Prize finalists for showing the way -- doing good business can also mean being green.
Plus, just last week, in my Humanitarian Logistics and Healthcare class, I spoke about TNT Express and the World Food Program and how they had worked together, as well as on corporate social responsibility.