Members of the AOE Consultant and Analyst team, including CEO Tom Svrcek (front row, fourth
from right), founder Mitchell Burman (back row, eighth from right) and co-founder Jim Schor
(front row, second from right).
and improve the balance sheets at their
portfolio companies. By conducting sophisticated analyses at the most detailed
level, AOE leverages big data to identify
profitable improvements with the highest
confidence and precision. In addition to
delivering insights and analyses, AOE often produces custom-made software solutions for clients to use in their strategic,
tactical and operational decision-making
processes.
Company History
Mitchell Burman and James Schor
founded AOE in 1994 while they were
graduate students under the guidance of
a na l y t i c s
Dr. Stanley Gershwin at MIT, working together on real-time scheduling projects
for manufacturers including Johnson
& Johnson, Boeing and Hewlett-Packard. These projects included building
a capacity-evaluation model that ran in
seconds instead of months for the HP
inkjet-printer division. This allowed Burman and his HP associates to identify
bottlenecks that were disrupting production and to propose changes to sharply
improve production with little added cost.
With the demand for printers exploding,
their solution resulted in $280 million in
increased sales, and the project was a
finalist for the 1997 Edelman Prize. This
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