Management Professor Wins Industry Award for Teaching and Research
Associate Professor Junmin (Jim) Shi received a prestigious international award in October for his research and teaching on operations research and management science, known as OR/MS in the field, at the INFORMS conference in Indianapolis.
Operations research and management science refers to the application of scientific principles to solve industrial or business problems. Shi is the first faculty member from New Jersey Institute of Technology to receive the INFORMS Prize for Teaching OR/MS Practice, which began in 1998.
Shi accomplishes this by studying supply chains and financial technology, which are among the most timely of business concerns. Major news such as the COVID pandemic and the Ukraine War affect supply chains, while hot topics like blockchain and cryptocurrency are disrupting financial industries.
For the latter, "My research is primarily in supply chain management, which allows me to bring the prevailing real-business supply chain problems and solutions into my classes. Nowadays, supply chain risk and disruption has caught tremendous attention from industry and academia, nationally and internationally. It is more critical than ever before to leverage different approaches including data science and disruptive technology to address the challenges," Shi said.
"I am so happy to bring my research work on supply chain management to the classroom. The former awardees for this award are world renowned professors from top universities… I will follow their footprints in the pursuit of teaching OR/MS practice."
Shi's research and teaching were also recognized this year by his peers in NJIT's Martin Tuchman School of Management, which honored him as the Leir Chair in Business, Technology and Society.
"It would be never enough to thank my colleagues and friends [and] many of my former and current students for their support. I am also grateful to the leadership at New Jersey Institute of Technology for supporting my current Leir Chair professorship and the former Hurlburt Chair endowment."
