The Korean Operations Research and Management Science Society (KORMS)
The Korean Operations Research and Management Science Society (KORMS) was established was established in 1976 under the jurisdiction of the Ministry of Science and Technology, Korea. Vice secretary of Korea Department of Defense (DOD) General Eung-Kyun Shin was the first President of KORMS and led it in the next four years. Hae-Hyeong Cho, who was Chairman of Nara Holdings took over the position of President in 1981.
Provide a venue for Operations Research (OR)/Management Science (MS) academicians and practitioners in Korea to get together, exchange ideas and expertise in the field, provide service to the nation, and nurture the young professionals in the field.
That it could embark on huge undertakings owes much to its active membership composed of over 3,600 individual, 29 special, 12 group, and 145 library members as of 2015.
KORMS held its Spring joint conference in Jeju from April 8 to 11. Four OR-related academic societies joined under the theme of “Implementing New Management Paradigm in Creative Economy”. A total of 513 papers were presented with over 1,000 participants.
As a collaborative platform between industry and academia, Creative Economy Summit was also organized.
The KORMS Fall conference was held on October 23 at Hanyang University, Seoul, Korea with the theme Role and Responsibility of OR/MS as a New Collaborative Growth Model. About 200 attendees participated in the meeting and 79 papers were presented.
KORMS has a lot to show for its 40 years of existence. This fact gives it great confidence that it can host another international conference, namely, the IFORS 2020 successfully.
On the publication side, four issues of Journal of the KORMS Society (Vol 40), four issues of Korean Management
Science Review (Vol 32), and two issues of Management Science & Financial Engineering (Vol 21) were published this year.