Overview

Wenhui ZHAO

  • Department:Management Science
  • Phone:+86 (0)21 52301564
  • Title:Professor
  • Email:zhaowenhui@sjtu.edu.cn
Profile
  • Education

    PhD in Operations Research, The Ohio State University, 2002.04-2007.08

    M.S. in Transportation Engineering, The Ohio State University, 2000.09-2002.01

    M.S. in Structural Engineering, Tsinghua University, 1996.09-1999.07

    B.S. in Civil Engineering/Computer Science, Tsinghua University, 1991.09-1996.07


     Employment

    2018.12-Now:Professor with Tenure, Antai College of Economics and Management, Shanghai Jiao Tong University;

    2018.08-2018.12:Associate Professor with Tenure, Antai College of Economics and Management, Shanghai Jiao Tong University;

    2012.08-2018.07:Associate Professor, Antai College of Economics and Management, Shanghai Jiao Tong University;

    2010.08-2012.07:Assistant Professor, Antai College of Economics and Management, Shanghai Jiao Tong University

    2007.09-2010.06:Postdoc Research Fellow,Washington University in St. Louis,

    1999.07-2000.07:Software Developer,China Academy of Building Research


    Award

    1. Outstanding service award for group, The Institute of Supply Chain and Operations Management of China, 2022; 

    2. The annual outstanding performance award, Antai College of Economics and Management, Shanghai Jiao Tong University, 2021;

    3. The 2nd Shanghai Jiao Tong University Innovative Teaching Contest, Professor Level Honorable Mention award, 2021;

    4. Contribution to the development of academic subject award, Antai College of Economics and Management, Shanghai Jiao Tong University, 2020;

    5. Outstanding service award for individual, The Institute of Supply Chain and Operations Management of China, 2019;

    6. Outstanding service award for group, The Institute of Supply Chain and Operations Management of China, 2019

    7. The annual outstanding performance award, Antai College of Economics and Management, Shanghai Jiao Tong University, 2018;

    8. The annual outstanding performance award, Antai College of Economics and Management, Shanghai Jiao Tong University, 2016;

    9. The Presidential Fellowship for Excellent PhD Dissertation, The Ohio State University, 2005-2006.


    Oversea PhD Defense Committee Member

    Fasheng Xu, Olin School of Business, Washington University in St. Louis. May 2019. Now employment at Whitman School of Management, Syracuse University


    Recommendation Letters for Promotion

    1. Peking University, HSBC Business School.

    2. Zhejiang University

    3. Beihang University

    4. Northwestern Polytechnical University


    Social Service/Work

    1. Chair of Scholar Committee: The Institute of Supply Chain and Operations Management , a branch of Management Science and Engineering Society of China

    2. Council member:The Stochastic Service Operations Management, a branch of Operations Research Society of China

    3. Council member:Operations Research Society of Shanghai

    4. Associate Editor, Journal of Operations Research Society of China

    5. Associate Editor, Asia-Pacific Journal of Operational Research

    6. Guest Associate Editor of MSOM

    7. Guest Associate Editor of Naval Research Logistics



    Vistors welcome!

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Research
  • Research Interest: 
    Supply Chain Finance and Risk Management, Game Theory, Combinatorial Optimization


    Selected Publications (Updated: Jan. 16, 2023): 
    Six UT Dallas 24 papers on supply chain finance and risk management, with Google Scholar citation 1350 and SCIE or SSCI citation 830 (three ESI highly cited paper); One Math Programming paper on combinatorial optimization:

    • S Liu, KC So, W Zhao. 2021. Direct Supply Base Reduction in a Decentralized Assembly System with Suppliers of Varying Market Power. IISE Transactions, 54(6): 590-602.

    • Peng, S., W. Jiang, W. Zhao. 2020. A Preventive Maintenance Policy with Usage-Dependent Failure Rate Thresholds Under Two-Dimensional Warranties. IISE Transactions, 53(11), 1231-1243.

    • Zhao, W., N.G. Hall, Z. Liu. 2019. Project Evaluation and Selection with Task Failures. Production and Operations Management, 29(2): 428-446 (Google Scholar citation: 7; SCIE or SSCI citation: 6). A Chinese translation version is available upon request.

    • Kouvelis, P., W. Zhao. 2018. Who Should Finance the Supply Chain: Impact of Credit Ratings on Supply Chain Decisions. Manufacturing & Service Operations Management, 20(1): 19-35 (Google Scholar Citation: 183, SCIE or SSCI citation: 128; March 2019: ESI Highly Cited Paper, ESI Hot Paper).

    • Kouvelis, P., D. Turcic, W. Zhao. 2018. Supply Chain Contracting in Environments with Volatile Input Prices and Frictions. Manufacturing & Service Operations Management, 20(1): 130-146 (Google Scholar Citation: 42, SCIE or SSCI citation: 20).

    • Kouvelis, P., W. Zhao. 2016. Supply Chain Contract Design under Financial Constraints and Bankruptcy Costs. Management Science, 62(8), 2341-2357 (Google Scholar citation: 245; SCIE or SSCI citation: 170; July 2020: ESI Highly Cited Paper).

    • Wei, Q., W. Huang, W. Jiang, W. Zhao. 2016. Real-Time Process Monitoring Using Kernel Distances, International Journal of Production Research, 54(21), 6563–6578.

    • Li, J., M. Dong, W. Zhao. 2015. Admissions Optimisation and Premature Discharge Decisions in Intensive Care Units. International Journal of Production Research, 53(24), 7329-7342.

    • Kouvelis, P., W. Zhao. 2012. Financing the Newsvendor: Supplier vs. Bank, and the Structure of Optimal Trade Credit Contracts. Operations Research, 60(3): 566-580 (Google Scholar citation: 612; SCIE or SSCI citation: 365. September 2019: ESI Highly Cited Paper).

    • Kouvelis, P., W. Zhao. 2011. The Newsvendor Problem and Price-Only Contract When Bankruptcy Costs Exist. Production & Operations Management, 20(6), 921-936 (Google Scholar citation: 259; SCIE or SSCI citation: 141).

    • Zhao, W., M.E. Posner. 2011. A Large Class of Facets for the K-Median Polytope. Mathematical Programming, 128(1-2), 171-203.


    Selected Empirical Tests on The Research Outcomes:

    The models and results receive the empirical tests from scholars. For example, "trade credit financing under competition and its impact on firm performance in supply chains", MSOM 2019, tests some findings of Kouvelis and Zhao 2012. The empirical test justifies the theoretical results.

     

    Selected Practical Projects:

    • In 2022, the research on the joint development of supply chain finace between Shanghai Jiao Tong University and Bank of China--The value analysis and thread development to promote the better supply chain finance practice of Bank of China.

    • In 2021, the guidance of data collection & analysis and the wrtting of <<The white book on  the present and future trend of digital intelligent transformation of global resilient supply chain>>.

    • In 2015, guided the implementation of supply chain finance of Sandvik Mining and Rock Technology, one of the three key business areas of Sandvik Group (a Fortune 500 manufacturing enterprise).  The group’s quarterly net profit margin and net working capital/sales, from 2012-2018, are shown in the following left and right figures. The annual sales increases was 10% from 2016-2018.

    1577256603666019906.png

    Course material/books that papers are selected into:

    • 《Economic Supply Chain Models》, the University of Texas at Austin, McCombs School of Business;

    • 《Supply Chain Finance》, The Rutgers Business School;

    • The 2013 Summer School, MIT-Zaragoza Logistics Center 2013;

    • Suggested Topics for Master-/MBA-/Bachelor Theses in Production Management, WHU–Otto Beisheim School of Management;

    • Operations in Financial Services: Processes, Technologies, and Risks, Foundations and Trends®, Michael Pinedo, The New York University;

    • The Routledge companion to production and operations management. 2017. Martin K. Starr, Professor Emeritus of Operations Research and Management Science at Columbia University;

    • The Handbook of Integrated Risk Management in Global Supply Chains. 2012. Panos Kouvelis, Professor of Operations Management at Washington University in St. Louis.


    Grants:

    • National Natural Science Foundation of China, Key Program: The Supply Chain Risk Control and Intelligent Management of Key Core Products, Principal Investigator, 2022-2026;

    • National Natural Science Foundation of China, General Program: The Impact of the Transactional Costs on the Operations/Finance Decisions in a Capital Constrained Supply Chain, Principal Investigator, 2013-2016;

    • National Natural Science Foundation of China, Key Program: Supply Chain Management and Innovation with Intelligent Digitalization, CO-Principal Investigator, 2023-2027;

    • National Natural Science Foundation of China, Major Program ---- The 2nd Sub Program: The Theory of Innovation, Risk, and Pricing of Financial Products/Service under Internet Environment, CO-Principal Investigator, 2018-2022;

    • National Natural Science Foundation of China, Key Program:The Intellectual Monitoring of Products and Quality Management under the Internet of Things Environment, CO-Principal Investigator, 2016-2020;

    • National Natural Science Foundation of China, Key Program: The Resource Scheduling and Optimization for Medical Service, CO-Principal Investigator, 2012-2016.


    Talent Plans:

    • Shanghai Distinguished Professor (Oriental Scholar), 2022

    • Shanghai Pujiang Talents Plan: The Joint Operations/Finance Decisions in a Capital Constrained Supply Chain with Asymmetric Information, Principal Investigator, 2012.

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Teaching
  • Quality Management A (Undergraduate Course, 2010,2013,2014,2015,2016,2017,2018,2019,2020,2021,2022)

    Quality Management (Undergraduate Course, 2011, 2012)

    Supply Chain Management (Undergraduate Course, 2011)

    Special Topics on Inventory Management (Undergraduate Course, 2013)

     

    Operations Management (Graduate Course, 2011,2012,2013,2014,2015,2017,2018,2019,2020,2021,2022)

    Inventory Management and Production System (Graduate Course, 2012,2013,2014,2015,2018,2019,2020,2021,2022)

    Sequencing and Scheduling (Graduate Course, 2014,2015,2016,2018,2018,2019,2020,2021,2022)

    Production and Operations Analysis (Graduate Course, 2012)

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