Prof. Pankaj Dutta

Professor
Decision Sciences and Operations Research
204, Shailesh J. Mehta School of Management, I.I.T.Bombay, Powai, Mumbai-400076
+91-22-25767783(O)
pdutta[at]iitb.ac.in		 Prof. Pankaj Dutta

Education:

  • Postdoctoral Fellow, (Production Management and Process), EPFL, Switzerland
  • Ph.D. (Operations Research), IIT Kharagpur, India
  • M.Sc. Applied Mathematics (Operations Research and Computing), Vidyasagar University, India

Work Experience:

  • Professor, Shailesh J. Mehta School of Management, IIT Bombay, India, May 2021 – onwards
  • Visiting Professor, Humboldt University of Berlin, Germany, May- July 2018
  • Visiting Scientist, Karlsruhe Institute of Technology (KIT), Germany, Nov. 2014- Jan. 2015
  • Associate Professor, Shailesh J. Mehta School of Management, IIT Bombay, India,  2014 – 2021
  • Swiss Government Fellow, École Polytechnique Fédérale de Lausanne (EPFL), Switzerland, 2012 – 2013
  • Assistant Professor, Shailesh J. Mehta School of Management, IIT Bombay, India, 2008 – 2014
  • Lecturer, Birla Institute of Technology and Science, Pilani, Rajasthan, India, 2007 – 2008
  • Visiting Faculty, SIOM, Symbiosis International, India, 2018, 2019

Fellowships/Awards & Honours:

  • Swiss Govt. Fellowship, 2012
  • DFG Research Fellowship, Germany, 2014
  • DAAD, Bilateral Exchange of Academics, 2018
  • Fast Track Young Scientist Scheme – DST; Govt. of India, 2013
  • INSA Visiting Scientists, 2014
  • Departmental Award for Excellence in Teaching, 2022
  • Featured in World’s top 2% Scientist’s database (single-year) based on a study conducted by Stanford University, USA
  • Best Paper (Application) Award, OLAB-2022, ORSI, India
  • Best Merit Paper Award, ICOR-2012, IMECS, Hong Kong
  • Best Merit Paper Award, ICINDE-2017, IMECS, Hong Kong
  • Best Paper Award, RCOSCM-2019-20, SIOM, Nashik, India
  • Best Paper Award (Nominated), ICEGOV-2019, Melbourne, Australia
  • Sethuraman NASMEI Research Grant Award (Co-PI), 2019, Great Lakes, Chennai, India
  • National Eligibility Test (NET), 2002
  • GATE: All India Rank-43; 2002
  • Research Fellowship, IIT Kharagpur, 2002
  • Member, Board of Studies: VJTI, Mumbai University, 2019 –
  • Elected as the Central Council member of Operational Research Society of India, 2021-24.
  • Associate Editor, OPSEARCH, 2018 – 21
  • Co-Guest Editor, Special Issue: Journal of Global Operations and Strategic Sourcing
  • Guest Editor, International Journal of Business Analytics, 2019
  • Editorial Board Member: Int. J. of Business and Data Analytics, 2018 –
  • Co-Editor: Edited Book: Changing Face of E-commerce in Asia, in Progress, World Scientific Publishing
  • Research Talk: School of Business, HU Berlin, Germany, 2018, IIP, KIT, Germany, 2014
  • Co-Organizer: International Conference ORSI-2018 at IIT Bombay, 2018
  • Citation Database: Google Scholar

Research Interests:

  • Supply Chain Optimization
  • Reverse Logistics
  • Data-Driven Decision Making
  • E-commerce
  • Business Simulation
  • Data Analytics
  • Project Management
  • Inventory Management
  • Operations Research

Teaching Interests:

  • Decision Models in Management
  • Operations Research
  • Business Forecasting
  • Business Simulation
  • Data Analytics
  • Decision Making under Risk and Uncertainty
  • Project Management
  • Quantitative Methods Lab

Current Sponsored Projects:

  • Title: Design and development of integrated forward-reverse supply chain under risk and uncertainty
    Sponsoring Agency: DST, Govt. of India
  • Title: Decision-making approach to production inventory problems in the context of supply chain management
    Sponsoring Agency: IRCC, IIT Bombay, India

Projects at IITB-Monash (Australia) Research Academy:

  • Title: Circular Economy in the context of food supply chain (Candidate required)
  • Title: Data-driven decision making for sustainable supply chains and circular economy (Candidate required)
  • Title: Optimization of Closed-Loop Supply Chains under Uncertainty (Candidate required)
  • Title: Sustainability-based recycling planning using multi-criteria decision making
  • Title: Modeling and Simulation of Integrated Supply Chain under Risk

Ph. D. Students:

  • Rahul Chavan: Data Analytics and Machine Learning in E-commerce Supply Chain
  • Neha Uttam: Social Sustainability in MSME
  • Anurag Mishra: Data Analytics in Reverse Logistics and Supply Chain Management
  • Pratistha Chandra: Multi-Criteria Decision Making in E-commerce and Sustainability, Completed, 2023
  • Pravin Suryawanshi: Statistical Data Analysis and Computing in Supply Chain Management, Completed, 2022
  • Abhishek Behl: Analytics in Management Practices & Disasters Management, Completed, 2020
  • Deep Kumar Verma: Data-driven Decision Making for Startup in India: A Grounded Theory Approach, Completed, 2022
  • Himanshu Shrivastava: Supply Chain Management: Modeling and Simulation of Integrated Supply Chain under Risk, Completed, 2020
  • Nagare Madhukar: Operations Management: A Study of Inventory Modeling for Short Life Cycle Products, Completed, 2018
  • Debabrata Das: Operations Research: Modeling and Analysis of Integrated Forward-Reverse Supply Chain Systems,  Completed,  2015
  • Suresh Marappan: Project Management: Resource-Constrained Project Scheduling (Jointly with Prof. K. Jain), Completed, 2012

* Looking for motivated students to pursue their Ph.D. work with interests in my research domain. Interested candidates may contact me along with a CV or Apply their PhD Application in “Decision Sciences” area as first choice.

PG Projects:

[Guided more than 60+ masters students]
  • R. Akarshan and A. Omar, Risk analytics in Startups
  • A. Dutta and P. Gujrathi, Effective cost reduction analysis for the e-commerce industry
  • Krishnakumar P.G  et al. Impact of disruptions on the supply chain of Perishable Goods: Case study approach on Dairy industry
  • Ankit Mittal et al. Life Cycle Analysis of the Startups
  • M. Kadam, R. Patil, N. Pokharkar & S. Divakala: Study of Indirect Spend Management in India
  • S. Chakraborty & S. Shekhar: Process and Challenges involved in the Optimization of Reverse Logistics Supply Chain: A case of an Indian Glass manufacturer
  • Prathamesh Dashpute: Security Analysis and Portfolio Management under Risk and Uncertainty: An Optimization Approach
  • Julien Arguello and Bastian Verschuur, Integration of human judgment factors into the demand forecasting with a SPIM, at EPFL, Switzerland (Co-supervisor)
  • R. Saxena, N. Bal, R. Sharma & A. Ghotane: Strategies to augment sales of Navaras, Future Group
  • R. Sinha & A. Choudhury: A forecasting model for remanufacturing with consideration of PLC, pricing decisions and return incentives
  • Bhagyashree & C. Puri: Implementation of Forecast Techniques integrating Human Judgment Knowledge: A Case of Indian Agro-Processing Company
  • Y. Shanthi and G. Pavankumar: An Empirical Study on Retail Inventory Management in FMCG Companies
  • M. Sachin & R. Gupta: Optimizing Retail C.F.R. in Supply Chain Management
  • M. Gupta & M. Kejriwal: Impact of Product Substitution in Optimizing the Retail Inventory by Analyzing the Consumer Behavior
  • R. K. Jana (M.Sc.): Development of Fuzzy Regression Analysis and its Applications in Uncertain Environment
  • A. Grover & A. Kambli: Cost and Life-Cycle Analysis of Perishable Products

Publications: International Journals: (For latest publications, please visit google scholar)

    • Dutta, P., Talaulikar, S., Xavier, V., Kapoor, S. (2021). Fostering reverse logistics in India by prominent barrier identification and strategy implementation to promote circular economy, Journal of Cleaner Production, 294, 126241
    • Dutta, P., Jaikumar, B., Arora, M. (2021): Applications of data envelopment analysis in supplier selection between 2000 and 2020: a literature review, Annals of Operations Research, doi.org/10.1007/s10479-021-03931-6
    • Mendon, S., Dutta, P., Bhel, A., Lessmann, S. (2021): A hybrid approach of machine learning and lexicons to sentiment analysis: Enhanced insights from Twitter data of natural disasters, Information Systems Frontiers, doi.org/10.1007/s10796-021-10107-x
    • Dutta, P., Mishra, A., Khandelwal, S., Katthawala, I. (2020): A multiobjective optimization model for sustainable reverse logistics in Indian E-commerce market. Journal of Cleaner Production, 249, 119348.
    • Dutta, P., Choi, T. M., Somani, S., Butala, R. (2020): Blockchain technology in supply chain operations: Applications, challenges, and research opportunities. Transportation Research Part E: Logistics and Transportation Review, 142, 102067.
    • Sarma, D., Das, A., Dutta, P., Bera, U. K. (2020): A cost-minimization resource allocation model for disaster relief operations with an information crowdsourcing-based MCDM approach. IEEE Transactions on Engineering Management, 1-21, do.org/10.1109/ TEM.2020.3015775
    • Dutta, P., Jain, A., Gupta, A. (2020): Performance analysis of non-banking finance companies using two-stage data envelopment analysis. Annals of Operations Research, 295(1), 91-116.
    • Behl, A., Dutta, P. (2020): Engaging donors on the crowdfunding platform in Disaster Relief Operations (DRO) using gamification: A Civic Voluntary Model (CVM) approach. International Journal of Information Management, 54, 102140.
    • Behl, A., Dutta, P., Luo, Z., Sheorey, P. (2020): Enabling artificial intelligence on a donation-based crowdfunding platform: a theoretical approach. Annals of Operations Research, 1-29, doi.org/10.1007/s10479-020-03906-z
    • Goyal, G., Dutta, P. (2020). Performance analysis of Indian states based on social-economic infrastructural investments using data envelopment analysis. International Journal of Productivity and Performance Management, doi.org/10.1108/IJPPM-01-2020-0039
    • Behl, A., Dutta, P., Sheorey, P., Singh, R. K. (2020). Examining the role of dialogic communication and trust in donation-based crowdfunding tasks using information quality perspective. The TQM Journal, doi.org/10.1108/TQM-06-2020-0139
    • Dutta, P., Shrivastava, H. (2020): The design and planning of an integrated supply chain for perishable products under uncertainties. Journal of Modelling in Management, Vol. 15 No. 4, pp. 1301-1337.
    • P.Dutta, Mishra, A., Sachin, K and Ibrahim, K, (2019). A multiobjective optimization model for sustainable reverse logistics in Indian E-commerce market, Journal of Cleaner Production, Accepted
    • Behl, A., Dutta,  P, Lessmann, S., Dwivedi, Y and Kar, S. (2019). A conceptual framework for adoption of big data analytics in e-commerce startups, Information Systems & e-Business Management, 17(2), 285-318.
    • P. Dutta, H. Shrivastava, (2019). The design and planning of an integrated supply chain for perishable products under uncertainties, Journal of Modelling in Management, Vol. 15 No. 4, pp. 1301-1337.
    • Nagare, M., Dutta, P. and Naoufel, C., (2019). Extended distribution free newsvendor models with demand updating using expert judgment, International Transactions in Operational Research, doi.org/10.1111/itor.12700
    • R Tamatam, P Dutta, G Dutta, S Lessmann, (2019). Efficiency analysis of Indian banking industry over the period 2008–2017 using data envelopment analysis,  Benchmarking: an International Journal, 26(8), 2417-2442.
    • Vaishna, C, M. Suresh and P. Dutta, (2019). A Study on the Influence of Factors Associated with Organizational Readiness for Change in Healthcare Organizations Using TISM, Benchmarking: an International Journal, 26 (4), 1290-1313, 2019.
    • A. Behl and P. Dutta, (2018). Humanitarian supply chain management: A thematic literature review and future directions of research, Annals of Operations Research, Available Online, 2018.
    • M. Nagare, P. Dutta and P. Suryawanshi, (2018). Optimal procurement and discount pricing for single-period non-instantaneous deteriorating products with promotional efforts, Operational Research, Available Online, 2018.
    • M. Nagare and P. Dutta, (2018). Single-period ordering and pricing policies with markdown, multivariate demand and customer price sensitivity, Computers & Industrial Engineering 125, 451-466.
    • P. Dutta, D. Das, F. Schultmann and M. Fröhling, Design and planning of a losed-loop supply chain in presence of three-way recovery and buy-back offer, Journal of Cleaner Production, 135(1), 604-619, 2016.
    • D. Das and P. Dutta, Performance analysis of a closed-loop supply chain with incentive-dependent demand and return, International Journal of Advanced Manufacturing Technology, 86(1), 621-639, 2016.
    • M. Nagare, P. Dutta and N. Cheikhrouhou, Optimal ordering policy for Newsvendor models with bidirectional changes in demand using expert judgment, Opsearch, 53(3), 620-647, 2016.
    • M. Suresh, P. Dutta and K. Jain, Resource-constrained multi-project scheduling problem with resource transfer times, Asia-Pacific Journal of Operational Research, Vol. 32 (6), pp. 155.1-29, 2015.
    • D. Das and P. Dutta, Design and analysis of closed loop supply chain in presence of promotional offer, International Journal of Production Research, Vol. 53 (1), pp. 141-165, 2015.
    • L. Nagar, P. Dutta and K. Jain, An integrated supply chain model for new products with imprecise production and supply under scenario dependent fuzzy random demand, International Journal of System Sciences, Vol. 45(5), pp. 873-887, 2014.
    • D. Das and P. Dutta, A system dynamics framework for integrated reverse supply chain with three-way recovery and product exchange policy, Computers and Industrial Engineering, Vol. 66(4), pp. 720-733, 2013.
    • D. Das and P. Dutta, Simulation study of an integrated reverse logistics in the imprecise environment, Lecture Notes in Electrical Engineering, Vol. 186, pp.151-165, 2013.
    • P. Dutta, D. Chakraborty and A. R. Roy, Uncertain demand in (Q, r) inventory systems: A fuzzy optimization approach, The Journal of Fuzzy Mathematics,Vol. 20, No. 3, 2012.
    • M. Nagare and P. Dutta, On solving single-period inventory model under hybrid uncertainty, International Journal of Economics and Management Sciences,Vol. 6, pp. 290-295, 2012.
    • M. Suresh, P. Dutta and K. Jain, Analysis of an Engineering-Procurement-Constraction (EPC) project: A solution to the resource constrained project scheduling problem using genetic algorithms, International Journal of Industrial and Systems Engineering, Vol. 8, pp.251-269, 2011.
    • P. Dutta and D. Chakraborty, Incorporating one-way substitution policy into the newsboy problem with imprecise customer demand, European Journal of Operational Research, Vol. 200, pp. 99-110, 2010.
    • P. Dutta, A multi-product newsboy problem with fuzzy fustomer demand and a storage space constraints, International Journal of Operational Research, Vol. 07, Issue 5-6, pp. 1-17, 2010.
    • P. Dutta and D. Chakraborty, Single-period inventory models in fuzzy environment: A decision-maker’s attitudinal approach, International Journal of Applied Mathematics and Statistics, Vol. 13, pp. 24-35, 2008.
    • P. Dutta, D. Chakraborty and A. R. Roy, An inventory model for single-period products with reordering opportunities under fuzzy demand, Computers and Mathematics with Applications, Vol. 53, pp. 1502-1517, 2007.
    • P. Dutta, D. Chakraborty and A. R. Roy, Continuous review inventory model in mixed fuzzy and stochastic environment, Applied Mathematics and Computation, Vol. 188, pp. 970-980, 2007.
    • P. Dutta and D. Chakraborty, A study on linking upward substitution and fuzzy demands in the newsboy-type problem, International Journal of Computational and Mathematical Sciences, Vol. 1(4), pp. 263-268, 2007.
    • G. Mahata and P. Dutta, An EPQ inventory model with deteriorated and imperfect products under fuzzy sense, Internation Journal of Pure and Applied Mathematics, Vol. 41, pp. 829-838, 2007.
    • P. Dutta and A. R. Roy, Decisions on backorder inventory model under mixed uncertainty, Tamsui Oxford Journal of Management Science, Vol. 23, pp. 59-70. 2007.
    • P. Dutta, D. Chakraborty and A. R. Roy, A single period inventory model with fuzzy random variable demand, Mathematical and Computer Modelling, 41, 915-922, 2005.

Book Chapter/Monograph:

    • H. Shrivastava, P. Dutta, M. Krishnamoorthy, P. Suryawanshi, A resilient supply chain network for perishable products with random disruptions, Transactions on Engineering Technologies, Springer, 2017.
    • H. Shrivastava, P. Dutta, M. Krishnamoorthy, P. Suryawanshi, Facility location and distribution planning in a disrupted supply chain, Frontiers in Optimization: Theory and Applications, Springer, 2017.
    • D. Das and P. Dutta, A Comparative Study of Bullwhip Effect in a Multi-Echelon Forward-Reverse Supply Chain, Monografías Matematicas Garcia de Galdeano (Monograph), Spain, Vol. 38, pp.55-64, 2013.
    • M. Nagare and P. Dutta, Continuous Review Model for Perishable Products with Inventory Dependent Demand, Lecture Notes in Engineering and Computer Science, Newswood Limited, Hong Kong, 2, pp 1513-1517, 2012.
    • P. Dutta, M. Suresh and K. Jain, A genetic algorithm approach to RCPSP with vacation and cost minimization,Global Interdependence and Decision Sciences, Macmillan Publishers, pp. 55-67, 2009.
    • P. Dutta, Debjani Chakraborty and A. R. Roy, A reordeing strategy for single-period inventory model with imprecise demand information, Fuzzy Logic and its Application in Technology and Management, Narosa Pub. New Delhi, pp. 131-138, 2007.
    • M. Suresh, P. Dutta, R. M. Sonar and K. Jain, A DSS for multi resource constrained project scheduling problem using genetic algorithms, Decision Sciences in Global Enterprise Management, Macmillan Publishers, pp. 604-615, 2009.

International Conferences:

    • H. Shrivastava, P. Dutta, M. Krishnamoorthy, P. Suryawanshi, Designing a resilient supply chain network for perishable products with random disruptions, ICINDE, Hong Kong, March, 2017.
    • M Nagare and P. Dutta, Decisions on single period procurement policy with demand updating using human judgment, Annual Meeting DSI, Seattle, USA, November 21-24, 2015.
    • D. Das and P. Dutta, A Reverse Logistics Framework in presence of Incentive Offer and Advertisement-dependent Demand, Annual Meeting DSI, Seattle, USA, November 21-24, 2015.
    • M Nagare and P. Dutta, Study of Consumer Response to Stockout and its Implication to Inventory Management, POMS, Atlanta, U.S.A., May 9-12, 2014.
    • D. Das and P. Dutta, Optimization of a Closed-loop Supply Chain in presence of Three Way Recovery Policy under Uncertainty , POMS, Atlanta, U.S.A., May 9-12, 2014.
    • M Nagare and P. Dutta, Retail Inventory Management for Perishable Products with Two Bins Strategy, International Conference on Manufacturing Systems Engineering, Venice, Italy, April 14-15, 2013
    • M Nagare and P. Dutta. A fuzzy-stochastic inventory model withour backorder under imprecise customer demand, International Conference on Operations Research and Enterprise Systems, Barcelona, Spain, February 16-18, 2013.
    • D. Das and P. Dutta. A Simulation Study of Bullwhip Effect in a Closed-Loop Supply Chain with Fuzzy Demand under Possibility Constraints, International Conference on Fuzzy Systems and Neural Computing, Paris, France, April 25-26, 2012.
    • M Nagare and P. Dutta. Continuous Review Model for Perishable Products with Inventory Dependent Demand, International Conference on Operations Research, HongKong, March 14-16, 2012.
    • D. Das and P. Dutta. A System Dynamics Framework for an Integrated Forward-Reverse Supply Chain under Possibility Constraints, International Conference on Operations Research, HongKong, March 14-16, 2012.
    • P. Dutta and M. Nagare, Study of customer response to retail stockout and its impact on product assortment, International Conference on Operations Research for Sustainable Development in Globalized Environment, Kolkata, January 6-8, 2012.
    • D. Das and P. Dutta. A Comparative Study of Bullwhip Effect in a Multi-Echelon Forward-Reverse Supply Chain. The Pyrenees International Workshop on Statistics, Probability and Operations Research, SPO 2011. Jaca, Spain, September 13-16, 2011.
    • M. Suresh, K. Jain and P. Dutta, A decision support system for resource constrained multi project scheduling problem using genetic algorithm, Proceedings of ‘Production and Operations Management Society (POMS)’, 21st Annual Conference, Vancouver, Canada, May 7-10, 2010.
    • P. Dutta, K. Jain and M. Suresh, A genetic algorithm approach to RCPSP with vacation and cost minimization, Proceedings of 3rd Int. Conf. on ‘Global Interdependence and Decision Sciences’, AS College of India, Hyderabad, December 28-30, pp. 55-67, 2009.
    • P. Dutta, D. Chakraborty and A. R. Roy, Substitution opportunities in the newsboy problem under imprecise customer demand, International Conference on ICORAID-2005-ORSI, IISc Bangalore, December 27-29, pp. 1-9, 2005.
    • P. Dutta and A. R. Roy, Constrained multi-product newsboy problem with imprecise customer demand, National Conference on Uncertainty: Mathematical approach (UMA 2006), NUCWC, Burdwan University, September 7-8, 2006.
    • P. Dutta and D. Chakraborty, An optimal ordering strategy for seasonal items with time varying selling price, National Seminar on Recent Advances in Applied Mathematics, Vidyasagar University, March 18-19, pp. 132-137, 2004.
    • P. Dutta, D. Chakraborty and A. R. Roy, Lot size-reorder point inventory model in imprecise and uncertain environment, International Conference on Recent Trends and New Directions of Research in Cybernetics and System Theory, IASST Guwahati, January 1-3, SC8, 2004.

Reviewer:

  • European Journal of Operational Research
  • Journal of Cleaner Production
  • Benchmarking: an International Journal
  • International Journal of Systems Sciences
  • International Journal of Production Research
  • Computers & Industrial Engineering
  • Simulation Modeling Practice and Theory
  • Int. Journal of Integrated Manufacturing Technology
  • Mathematical and Computer Modelling
  • Int. Journal of Advanced Manufacturing Technology
  • International Journal of Planning and Scheduling
  • Applied Mathematical Modelling
  • Int. Journal of Advanced Operations Management
  • Opsearch
  • Engineering Optimization
  • NBHM
  • Soft Computing
  • Examiner for various Ph.D. thesis/Mmgt./M.Tech .reports
  • Examiner: Reviewed six PhD thesis from IITKGP, IITR, NITA, Symbiosis International, Thapar institute of engineering and technology, Shri Mata Vaishno Devi University.

Administrative Works:

  • Time Table Coordinator, 2018-2020
  • Library Coordinator, 2016-2018
  • Faculty Advisor: Mmgt. 2014-2017
  • Faculty Advisor, Minor, 2017-18
  • Mmgt. Admissions Coordinator, 2015
  • Coordinator, Library, 2015-17
  • Member, School Policy Committee, 2015-17
  • Faculty Advisor: Mmgt. 2014-2017
  • CP Coordinator, April-July, 2014
  • Faculty Advisor: BTech (Minor) for Management, 2013-2014
  • IT Coordinator, June-August, 2012
  • Secretary, School Faculty Meeting, January, 2011-June, 2012
  • Member, School’s Post Graduate Programme Committee, January, 2011-June, 2012
  • Member, M.Tech. (TOM) Programme, 2011
  • Project Coordinator, 2011
  • Faculty Advisor: Mmgt. 2010-2012
  • Admissions Coordinator: Mmgt. 2010
  • Designate Admissions Coordinator: Mmgt. 2009
  • Member, Faculty Forum, IIT Bombay, 2009 –
  • Member, Organizing Committee: International Conference- ISDSI 2009

Management Development Program:

  • Project Management for Godrej Professionals
  • Decision Models in Management for Engineers
  • Quantitative Methods for Business Professionals
  • Inventory Management for Business Professionals

Member of Professional Bodies:

  • Operational Research Society of India (ORSI), India
  • Decision Sciences Institute, Indian Subcontinent Region
  • Project Management Institute, India