Sasol wins the 2011 INFORMS Prize

The 2011 INFORMS Prize is awarded to Sasol for demonstrating sustained, effective and creative use of Operations Research to improve decision making and impact the company's bottom-line. For 60 years, Sasol has demonstrated its innovative spirit in the energy and chemicals sectors in South Africa and has grown to become the country's leading fuel provider and an international player. Ensuring Sasol's success requires that complex operations be managed across value chains, business units and sites. Sasol Technology's Value Chain Optimisation Group applies Operations Research across the business for a wide range of topics such as improving polymer production processes, minimising the cost of stricter fuel specifications, and studying the reliability and sustainability of key units in the production process. The group has grown from a few analysts to a multidisciplinary team of over 30 specialists who are Sasol's experts in linear programming, simulation, supply chain modeling, process integration, and human resource modeling. The team's impact and reputation have also grown steadily, culminating in their recognition as Edelman finalists and as Sasol's Chief Executive's "Team of the Year" in 2010.

By awarding the 2011 INFORMS Prize to Sasol, INFORMS recognizes its widespread application of innovative world-class Operations Research.

2011 INFORMS Prize was presented to (L to R) Michele Fisher, Johan de Bruyn, Karin Kleynhans, Flip de Wet, Willem Louw, Hylton Robinson, Ester Vermaak, Patrick Veldhuizen, and Marlize Meyer, the team from Sasol, by INFORMS Prize Committe Chair Erica Klampfl at the 2011 INFORMS Conference on Business Analytics and Operations Research (http://www.informs.org/Attend-a-Conference/Analytics-Conference)

About the INFORMS Prize:
The INFORMS Prize is awarded for effective integration of operations research/ management sciences (OR/MS) in an organization. The award is to be given to an organization that has repeatedly applied the principles of OR/MS in pioneering, varied, novel, and lasting ways. to learn more about the INFORMS Prize, please visit http://www.informs.org/informsprize

To learn more about INFORMS, please visit http://www.informs.org

Category:

Science & Technology

Tags:

• INFORMS
• Operations
• Research
• OR
• O.R.
• analytics
• optimization
• awards
• Prize
• Sasol
• decision
• making
• innovation
• energy
• chemicals
• south
• africa
• fuel
• international
• value
• chains
• business
• units
• chain
• optimisation
• group
• polymer
• production
• processes
• minimizing
• cost
• specifications
• technology
• management
• data
• system
• contest