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Research by Hau Lee Honored
April 2005
STANFORD GRADUATE SCHOOL OF BUSINESS—Building a supply chain on the theory that faster and cheaper is better is a pattern for failure, says Stanford Graduate School of Business Professor Hau Lee. Based on 15 years of work studying the supply chains of more than 60 companies, Lee argues that successful chains are agile, adaptable, and aligned.
Lee's paper, "The Triple-A Supply Chain," published in October 2004, has been honored by the McKinsey Awards for excellence in management thinking, presented annually by the Harvard Business Review. The second place award for papers appearing in the Review during 2004 was presented at a ceremony in Los Angeles in April.
Lee is the Thoma Professor of Operations, Information, and Technology and codirector of the Stanford Global Supply Chain Management Forum.
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