Burak Kazaz
The Steven R. Becker Professor of Supply Chain Management
The Laura J. and L. Douglas Meredith Professor of Teaching Excellence
Director of the Robert H. Brethen Operations Management Institute
315-443-7381
Room: 605
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Ph D, Purdue University
Burak Kazaz is the Steven Becker Professor of Supply Chain Management at the Whitman School of Management and the Laura J. and L. Douglas Meredith Professor for Teaching Excellence at Syracuse University. Dr. Kazaz is the Director of the Brethen Institute. He served as the Whitman Teaching Fellow from 2010 to 2012, as the Whitman Research Fellow from 2016 to 2018 and as the Executive Director of the H.H. Franklin Center for Supply Chain Management between 2013 and 2017.
Dr. Kazaz’s research interests include risk mitigation, supply chain finance, and socially-responsible supply chains. His publications helped many agricultural and retail firms in their global operations. He established the field of “wine analytics,” and his work on the pricing of wine futures has been influential in the wine industry benefiting winemakers and distributors. His publications can be found in premier journals such as Manufacturing & Service Operations Management, Management Science, Operations Research, and Production and Operations Management. His impact is evidenced in that he is frequently featured in popular media including The Wall Street Journal, Wine Advocate, Wine Spectator, RobertParker.com, Forbes, Bloomberg, Financial Times and the fine wine stock market Liv-ex. He enjoys collaborating with industry; his work is recognized by IBM, British Petroleum, and Procter & Gamble, and is supported through grants from Staples, IBM, and APICS.
Dr. Kazaz’s papers have been the recipient of numerous awards: The 2017 Wickham Skinner Prize from the Production and Operations Management Society, the 2016 Best Paper Award from the College of Humanitarian Operations and Crises Management of the Production and Operations Management Society, the 2015 INFORMS President’s Pick as the best paper among all INFORMS journal publications, and the 2014 Best Analytical Paper Award from the Decision Sciences Institute. Two of his publications were selected for the 2017 INFORMS Editors’ Cut, another paper was a runner-up for the 2018 iFORM Best Paper Award.
Dr. Kazaz presently serves as the Vice President of Manufacturing & Service Operations Management (MSOM) Society. He also chaired iFORM (integration of finance, operations and risk management) special interest group under INFORMS from 2018 to 2020. He holds editorial positions in several premier journals: Associate Editor for Manufacturing & Service Operations Management, Senior Editor for Production and Operations Management, and Area Editor for IISE Transactions.
Dr. Kazaz’s teaching has been recognized with numerous awards. In 2012, he is named as the Meredith Professor for Teaching Excellence, the highest honor given at Syracuse University. He is the recipient of the first-ever Whitman School of Management Teaching Innovation Award in 2011.
Dr. Kazaz received his Bachelor’s and Master’s degrees in Industrial Engineering from Middle East Technical University in Turkey and his Ph.D. from the Krannert Graduate School of Management at Purdue University. Prior to this appointment, he was a faculty member at the University of Miami and at Loyola University of Chicago, taught at the Executive Education programs of the University of Chicago. He was a visiting professor at Cornell University and the University of California Berkeley. Dr. Kazaz recently developed a unique course on the topic of designing supply chains for growth; the course uses design thinking principles and is popular among start-ups and small firms. His recent studies combine his risk mitigation and pricing analytics with the Blockchain technology.
Prior to his academic career, Dr. Kazaz worked at IBM. Additional information about Dr. Kazaz can be obtained at his personal site https://bkazaz.expressions.syr.edu.
Dr. Kazaz’s research interests include risk mitigation, supply chain finance, and socially-responsible supply chains. His publications helped many agricultural and retail firms in their global operations. He established the field of “wine analytics,” and his work on the pricing of wine futures has been influential in the wine industry benefiting winemakers and distributors. His publications can be found in premier journals such as Manufacturing & Service Operations Management, Management Science, Operations Research, and Production and Operations Management. His impact is evidenced in that he is frequently featured in popular media including The Wall Street Journal, Wine Advocate, Wine Spectator, RobertParker.com, Forbes, Bloomberg, Financial Times and the fine wine stock market Liv-ex. He enjoys collaborating with industry; his work is recognized by IBM, British Petroleum, and Procter & Gamble, and is supported through grants from Staples, IBM, and APICS.
Dr. Kazaz’s papers have been the recipient of numerous awards: The 2017 Wickham Skinner Prize from the Production and Operations Management Society, the 2016 Best Paper Award from the College of Humanitarian Operations and Crises Management of the Production and Operations Management Society, the 2015 INFORMS President’s Pick as the best paper among all INFORMS journal publications, and the 2014 Best Analytical Paper Award from the Decision Sciences Institute. Two of his publications were selected for the 2017 INFORMS Editors’ Cut, another paper was a runner-up for the 2018 iFORM Best Paper Award.
Dr. Kazaz presently serves as the Vice President of Manufacturing & Service Operations Management (MSOM) Society. He also chaired iFORM (integration of finance, operations and risk management) special interest group under INFORMS from 2018 to 2020. He holds editorial positions in several premier journals: Associate Editor for Manufacturing & Service Operations Management, Senior Editor for Production and Operations Management, and Area Editor for IISE Transactions.
Dr. Kazaz’s teaching has been recognized with numerous awards. In 2012, he is named as the Meredith Professor for Teaching Excellence, the highest honor given at Syracuse University. He is the recipient of the first-ever Whitman School of Management Teaching Innovation Award in 2011.
Dr. Kazaz received his Bachelor’s and Master’s degrees in Industrial Engineering from Middle East Technical University in Turkey and his Ph.D. from the Krannert Graduate School of Management at Purdue University. Prior to this appointment, he was a faculty member at the University of Miami and at Loyola University of Chicago, taught at the Executive Education programs of the University of Chicago. He was a visiting professor at Cornell University and the University of California Berkeley. Dr. Kazaz recently developed a unique course on the topic of designing supply chains for growth; the course uses design thinking principles and is popular among start-ups and small firms. His recent studies combine his risk mitigation and pricing analytics with the Blockchain technology.
Prior to his academic career, Dr. Kazaz worked at IBM. Additional information about Dr. Kazaz can be obtained at his personal site https://bkazaz.expressions.syr.edu.
Research Topics
- Supply chain management
- Supply chain uncertainty
- Supply chain risk
- Supply chain finance
- Supply chain disruptions
- Wine analytics
- Wine futures
- Quality uncertainty
- Currency risk
- Hedging
- Pricing
- Market segmentation
- Production planning
- Purchasing
- Distribution
Dr. Kazaz teaches the following courses at the Whitman School of Management:
•Undergraduate Supply Chain Management [SCM 265]
• MBA Global Supply Chain Strategy [SCM 777]
•MBA@Syracuse Global Supply Chain Management [SCM 777]
•Ph.D. Seminar in Supply Chain Management [SCM 960]
•Undergraduate Global Supply Chain Management [SCM 477]
•MBA and undergraduate Wine Analytics [SCM 600 and 400]
•MBA and undergraduate Supply Chain Design for Growth: A Design Thinking Approach [SCM 600 and 400]
Dr. Kazaz’s research interests include risk mitigation, supply chain finance, and socially-responsible supply chains. His publications helped many agricultural and retail firms in their global operations. He established the field of “wine analytics,” and his work on the pricing of wine futures has been influential in the wine industry benefiting winemakers and distributors. His publications can be found in premier journals such as Manufacturing & Service Operations Management, Management Science, Operations Research, and Production and Operations Management. His impact is evidenced in that he is frequently featured in popular media including The Wall Street Journal, Wine Advocate, Wine Spectator, RobertParker.com, Forbes, Bloomberg, Financial Times and the fine wine stock market Liv-ex. He enjoys collaborating with industry; his work is recognized by IBM, British Petroleum, and Procter & Gamble, and is supported through grants from Staples, IBM, and APICS.
A complete set of Dr. Kazaz's publications can be obtained from his personal web site at https://bkazaz.expressions.syr.edu/.
Selected Publications
A complete set of Dr. Kazaz's publications can be obtained from his personal web site at https://bkazaz.expressions.syr.edu/.
Selected Publications
- "Analytics for Wine Futures: Realistic Prices", Production and Operations Management, 29(2), 2096-2120, 2020 (with Hekimoglu, M.)
- "Surface versus air shipment of humanitarian goods under demand uncertainty", Production and Operations Management, 27(5), 928-948, 2018 (with Park, J., Webster, S.)
- "Risk Mitigation of Production Hedging", Production and Operations Management, 26(7), 1299-1314, 2017 (with Kazaz, B., Webster, S.)
- "Wine analytics: Fine wine pricing and selection under weather and market uncertainty. Forthcoming at Manufacturing & Service Operations Management.", Manufacturing & Service Operations Management, 19(2), 202-215, 2017 (with Hekimoglu, M., Webster, S.)
- "Interventions for an Artemisinin-based malaria medicine supply chain planning with uncertain supply and demand. ", Production and Operations Management, 25(9), 1576-1600, 2016 (with Webster, S., Yadav, P.)
- "Technical note – Pricing below cost under exchange‐rate risk", Production and Operations Management, 25(1), 153-159, 2016 (with Kazaz, B., Webster, S.)
- "Final purchase and trade‐in program decisions in response to a component phase‐out announcement: A deterministic analysis", International Journal of Production Research, 54(5), 1257-1272, 2015
- "Technical note – Price‐setting newsvendor problems with uncertain supply and risk aversion", Operations Research, 63(4), 807-811, 2015 (with Webster, S.)
- "Wine futures and advance selling under quality uncertainty", Manufacturing & Service Operations Management, 17(3), 411 – 426, 2015 (with Kazaz, B., Webster, S.)
- "Satisfying warranty claims on an obsolete product", Trends and Research in Decision Sciences, 1, 227-247, 2015 (with Kazaz, B., Webster, S.)
- "The impact of process deterioration on production and maintenance policies", European Journal of Operational Research, 227(1), 88-100, 2013 (with Sloan, T.)
- " Production and maintenance policies un der deteriorating pr ocess conditions. ", European Journal of Operational Research, 227, 88-100, 2013 (with Sloan, T.)
- "Ordering, pricing, and lead-time quotation under lead-time and demand uncertainty", Production and Operations Management, 21(3), 576-589, 2012 (with Wu, Z., Webster, S., Yang, K.)
- "Impact of sourcing flexibility on the outsourcing of services under demand uncertainty", European Journal of Operational Research, 219(2), 272-283, 2012 (with Benaroch, M., Webster, S.)
- "The impact of yield-dependent trading costs on pricing and production planning under supply uncertainty", Manufacturing and Service Operations Management, 13(3), 404-417, 2011 (with Webster, S.)
- "Production policies under deteriorating process conditions", IIE Transactions (Institute of Industrial Engineers), 40(3), 187-205, 2008 (with Sloan, T.)
- "Global production planning under exchange-rate uncertainty", Management Science, 51(7), 1101-1119, 2005 (with Dada, M., Moskowitz, H.)
- "Production planning under yield and demand uncertainty with yield-dependent cost and price", Manufacturing and Service Operations Management, 6(3), 209-224, 2004
- "Optimization of multi-feeder (depot) printed circuit board manufacturing with error guarantees", European Journal of Operational Research, 150(2), 370-394, 2003 (with Altinkemer, K.)
- "Optimization of printed circuit board manufacturing: Integrated modeling and algorithms", European Journal of Operational Research, 124(2), 409-421, 2000 (with Altinkemer, K., Köksalan, M., Moskowitz, H.)
- "Project scheduling with discounted cash flows and progress payments", Journal of the Operational Research Society, 47(10), 1262-1272, 1996 (with Sepil, C.)
- "Capacity Reservation and Sourcing under Exchange-Rate Uncertainty", Decision Sciences (with Gheibi, S., Webster, S.)
- "Agricultural cooperative pricing of premium product", Production and Operations Management (with Ayvaz-Cavdaroglu, N., Webster, S.)
- "Technical Note - Pricing Below Cost under Exchange-Rate Risk", Production and Operations Management (with Park, J., Webster, S.)
- "Risk mitigation of production hedging", Production and Operations Management (with Park, J., Webster, S.)
Awards and Honors
- 2021 POMS Conference Organizer - POMS (2020)
- iFORM Best Paper Award Selection Committee - MSOM/INFORMS (2020)
- Elected as the MSOM VP for Meetings and Communications - MSOM/INFORMS (2020)
- Panelist at the 2020 Supply Chain Analytics Doctoral Student Workshop - INFORMS (2020)
- Recipient of a Roadmap Grant - Whitman School of Management, Syracuse University (2020)
- Selected for INFORMS Conference Tutorial at the 2020 INFORMS Conference - INFORMS (2019)
- Selected to Lead the Search Committee in choosing the Series Editor of INFORMS Editors' Cut - INFORMS (2019)
- Recipient of the Senior Faculty Research Award - Whitman School of Management, Syracuse University (2019)
- 2018 iFORM Best Paper Award (second place) - INFORMS (2018)
- Chair of iFORM Special Interest Group - INFORMS (2018)
- INFORMS Editors' Cut -- two different papers are selected to be among most influential papers published in all INFORMS journals. - INFORMS (2017)
- The Wickham Skinner Prize for the best paper published in the field of Production and Operations Management - Production and Operations Management Society (2017)
- 2016 POMS Best Paper Award - Production and Operations Management Society (2016)
- Whitman Research Fellow Award - Martin J. Whitman School of Management (2016)
- The Steven R. Becker Professor of Supply Chain Management - Syracuse University (2015)
- Laura J. and L. Douglas Meredith Professorship - Syracuse University (2011)
- Teaching Innovation Award - Whitman School of Management, Syracuse University (2011)
- Whitman Teaching Fellow Award - Whitman School of Management, Syracuse University (2010)
- Excellence in Te aching Award - University of Miam i (2005)
- Recipient of the university-wide compet itive James McLamore summ er research grant - University of Miami (2004)
- School of Business Administration summer resear ch grant - University of Miami (2002)
- Recipient of an award for contributions to Procter & Gamble and Tremor.com - Procter & Gamble and Tremor.com (2000)
- American Production and Inventory Control Society (APICS) supply chain management research grant - APICS (1999)
- Recipient of an award for contributions to British Petroleum Chemicals Division - British Petroleum Chemicals Division (1999)
- Recipient of the university-wide competitive summer research grant - Loyo la University (1998)
- Recipient of the special research aw ard and grant for contributions to th e IBM Microelectronics Division - IBM (1997)
Media Placements
Pfizer and AstraZeneca take heat as vaccine delays threaten Europe's recovery , CNN Business 1.26.21
Supply chain expert: Why Cuomo’s plan to buy vaccine directly from Pfizer is a bad idea , WBNG 1.19.21
SU Supply Chain Expert: Direct Shipments of Vaccine Ensure Product Integrity , WAER 12.16.20
How Pfizer plans to distribute millions of vaccines at ultra-cold temperatures , KCBS Radio 12.14.20
These containers used to ship fresh tuna. Now they'll deliver Covid-19 vaccines , CNN 12.12.20
How Pfizer plans to distribute millions of vaccines at ultra-cold temperatures , KCBS Radio 12.10.20
California wildfires may give local wines a 'smoky' flavour for years to come , MSN 9.22.20
Tim Cook and Apple Bet Everything on China. Then Coronavirus Hit , Wall Street Journal 3.2.20
Visiting professor gives fine wine market a data-driven shakeup , Berkeley Newsroom 5.29.19
Study: Realistic En Primeur Prices Based on Lisa Perrotti-Brown and James Suckling Scores , Wine Advocate 5.22.19
Experts Provide Realistic 2018 Bordeaux Wine Futures Prices , USAgnet.com 5.13.19
3 things Amazon still hasn't figured out at Whole Foods 1 year in , The Street 6.16.18
Study: Realistic en primeur prices in a heterogeneous vintage , Liv-ex 6.6.18
The future of wine pricing , New York Ag Connection 5.30.18
Bordeaux 2017 primeurs – what the trade thinks , Jancis Robinson's Blog 4.26.18
Trade predicts En Primeur price drop while academic study estimates rise , Harper's Wine and Spirits 4.26.18
New study estimates En Primeur prices , Liv-Ex News 4.24.18
JD.com’s Latest Logistics Move Heats up Battle With Amazon for E-Commerce Shar , Sourcing Journal 2.27.18
Florida's citrus industry suffering following Hurricane Irma , CNYCentral 9.14.17
Photographer: Daniel Acker/Bloomberg Irma Destroys Over Half of Orange Crop in Parts of Florida , Bloomberg 9.12.17