Bing (’86) and Alice Liu Yang Endowed Term Chair in Management; Professor of Decisions, Operations and Technology Management
Felipe Caro leads UCLA Anderson’s new Master of Science in Business Analytics. His main research interests are related to decisions made under uncertainty with a strong emphasis on practical applications. The mathematical model he developed to support the decisions fast-fashion retailers face each period resulted in increased season sales of 3–4 percent for the Spanish apparel giant Zara, and the case is widely taught in business schools in the U.S. and abroad. His latest research investigates the state of scope 3 carbon emissions reporting in supply chains.
Highlighting the right data and making it relevant can help overcome resistance
A model predicts with 80% accuracy which orders get handed off
Highly technical probabilistic risk assessments at nuclear plants improve safety and pay for themselves many times over
Companies are surprised: Opportunities to reduce CO2 are more plentiful than expected
Collective action, rather than each brand working alone, appears more effective and costs less