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The Defense Department, faced with cuts of what Secretary Leon Panetta said could be $487 billion over the next ten years, can find tens of billions of dollars in cost reductions by better aligning the Pentagon supply chain rather than imposing precipitous reductions to the uniformed forces, according to a former Army colonel who is speaking at a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS^®), the premier organization for advanced analytics professionals.

The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced three finalist schools in the competition for the first UPS George D. Smith Prize, an award created to strengthen ties between academia and industry. The award recognizes excellence in preparing students to become practitioners of analytics and operations research.

The analytics process – the way that business and government organizations collect and analyze data to gain competitive advantage – will be a key focus at a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS^®), the premier organization for advanced analytics professionals.

Analytics, the increasingly important specialty that has been cited by Harvard Business Review, Sloan Management Review, Gartner, and Accenture for aiding better decisions at organizations, will be the focus of a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS^®), the premier organization for advanced analytics professionals.

The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced the six finalist organizations that will compete for the 2012 Franz Edelman Award for Achievement in Operations Research and the Management Sciences, a prize for excellence in advanced analytics, in Huntington Beach, California later this year.