finalist for the inaugural INFORMS MSOM Society's Award for Responsible Research in Operations Management. In 2021, his working paper titled "Toward a Liquid Biopsy: Greedy Approximation Algorithms for Active Sequential Hypothesis Testing" won the Pierskalla Award for Best Paper in Healthcare. In 2022, he received the Manufacturing & Service Operations Management journal's Best Published Paper Award for his work on combating child labor in global supply chains. His work with John Deere—which reduced over $1B in inventory in just four years—was a finalist for the Edelman Prize. His PhD students have won a number of awards, including the George Nicholson Prize in 1996 and the George B. Dantzig Dissertation Award in 2011. Tayur's work on integer programming using Gröbner basis was a finalist for the Frederick W. Lanchester Prize. In 2018, Tayur was chosen by Indian Institute of Technology Madras as a recipient of the 2018 Distinguished Alumni Awards (DAA). “Academic Capitalist” As a serial entrepreneur and an active promoter of monetizing operations research, Tayur coined the term “academic capitalist.” Tayur is a charter member of The Indus Entrepreneurs (TiE), and has served as a mentor for TiE ScaleUp. SmartOps In 2000, Tayur founded the software company SmartOps Corporation, after winning the first prize in the EnterPrize Case Competition that year, and served as its CEO until 2012. The company raised Series A funding within 45 days, became profitable in 2003, and has experienced revenue growth every year since its inception. Through SmartOps, Tayur also coined the phrase "fix the mix" to refer to the approach of adjusting inventory levels for various items to meet target service levels with lower overall inventory investment. Several SmartOps customers, including Cabot Corporation, Celestica, ConAgra, Dow Chemical Company, Johnson & Johnson, Kohler Company, Lubrizol, LSI Corporation, Medtronic, PPG Industries, Wyeth, have spoken about their successes with Enterprise Inventory Optimization (EIO). SmartOps was in a revenue sharing contract agreement with SAP AG, until February 2013, when SAP AG announced that it would acquire SmartOps to develop a real-time supply chain software that allows its customers to "run their businesses in real time—to analyze, predict, react and adjust instantly." Through this acquisition, SAP was able to offer an integrated inventory management software, allowing its clients to "manage the increased supply chain risk due to economic uncertainty, escalating customer expectations, demand volatility, and supply variability they face." Tayur has been recognized for his entrepreneurship of SmartOps Corporation