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Guoming Lai


Department:     Information, Risk & Operations Management

Research Areas:     Interface between Finance and Mkt Ops, Operations Management, Supply Chain Management

Guoming Lai headshot

Guoming Lai is the Tom E. Nelson Jr. Regents Professor in Business and professor of operations management for the Department of Information, Risk, and Operations Management at The University of Texas at Austin’s McCombs School of Business.

Lai teaches undergraduate and graduate management courses in operations, supply chain, logistics and inventory, and pricing and revenue. Doctoral students whom he has advised have gone on to tenure-track positions in leading business schools.

Lai’s research explores production and operations management issues within a broad range of contexts, including health care, agriculture, trade, competition, collective bargaining, contracting, international taxation, and the stock market. He presents his research widely at conferences and invited seminars.

Associate editor of Management Science, Manufacturing & Service Operations Management, Journal of Management Science and Engineering, and Operations Research Letters, Lai also serves as senior editor of Production and Operations Management and as a referee for more than a dozen journals.

He received a Ph.D. in management of manufacturing and automation and an M.S. in industrial administration from Carnegie Mellon University.



Professional Awards

Best Paper Award of the Overseas Chinese Scholars Association in Management Science and Engineering



William Cooper Dissertation Award



Second Prize, MSOM Student Paper Competition of INFORMS



Best Theoretical / Empirical Research Award of DSI


Guoming Lai, Peter Ritchkin, and Qi Wu. Nov/Dec 2023.
On the Interplay of Production Flexibility, Capital Structure, and Investment Timing.
Manufacturing and Service Operations Management 25(6): 2106-2121.

Xiaole Chen, Vernon N. Hsu, Guoming Lai, and Yang Li. Dec 2023. Supply Chain Short-term Financing for Responsible Production at Small and Medium-sized Enterprises. Production and Operations Management 32(12): 4154-4171.

Yixuan Liu, Xiaofang Wang, Stephen Gilbert, and Guoming Lai. Jan/Feb 2023. On the Participation, Competition and Welfare at Customer-Intensive Discretionary Service Platforms. Manufacturing & Service Operations Management 25(1): 218-234.

Qi Wu, and Guoming Lai. 2022. The Effects of Stock-Based Incentives on Inventory Management. Management Science 68(7): 5068-5086.

Guoming Lai, Huih Liu, Wenqiang Xiao, and Xinyi Zhao. May/Jun 2022. “Fulfilled by Amazon”: A Strategic Perspective of Competition at the e-Commerce Platform. Manufacturing and Service Operations Management 24(3): 1406-1420.

Abhishek Roy, Stephen M. Gilbert, and Guoming Lai.  September-October 2022. The Implications of Strategic Inventory for Short-term vs. Long-Term Supply Contracts in Non-Exclusive Reselling Environments. Manufacturing and Service Operations Management 24(5): 2629-2647.

Guoming Lai, Yixuan Liu, and Wenqiang Xiao. 2021. International Taxation and Production Outsourcing. Production and Operations Management 30(2), 402-418.


Vernon N. Hsu, Guoming Lai, and Guitian Liang. 2019. Agricultural Partnership for Dairy Farming. Production and Operations Management28(12), 3042-3059.


Xiaofang Wang, Qi Wu, Guoming Lai, and Alan Scheller-Wolf. 2019. Offering Discretionary Healthcare Services with Medical Consumption. Production and Operations Management 28(9), 2291-2304.


Abhishek Roy, Stephen M. Gilbert, and Guoming Lai. 2019. The Implications of Visibility on the Use of Strategic Inventory in a Supply Chain. Management Science 65(4), 1752-1767.


Guoming Lai and Wenqiang Xiao. 2018. Inventory Decisions and Signals of Demand Uncertainty to Investors. Manufacturing and Service Operations Management 20(1), 113-129.


Vernon N. Hsu, Guoming Lai, Baozhuang Niu, and Wenqiang Xiao. 2017. Leader-Based Collective Bargaining: Cooperation Mechanism and Incentive Analysis. Manufacturing and Service Operations Management 19(1), 72-83.


Xiaofang Wang, Tong Wang, and Guoming Lai. 2017. Selling to Customers wtih Both Veblen and Network Effects. Operations Research Letters45(1), 25-29.


Heikki Peura, S. Alex Yang, and Guoming Lai. 2017. Trade Credit in Competition: A Horizontal Benefit. Manufacturing and Service Operations Management 19(2), 263-289.


Seung Jae Park, Guoming Lai, and Sridhar Seshadri. 2016. Inventory Sharing in the Presence of Commodity Markets. Production and Operations Management 25(7), 1245-1260.


Fangruo Chen, Guoming Lai, and Wenqiang Xiao. 2016. Provision of Incentives for Information Acquisition: Forecast-Based Contracts vs. Menus of Linear Contracts. Management Science 62(7), 1899-1914.


Qi Feng, Guoming Lai, and Lauren Xiaoyuan Lu. 2015. Dynamic Bargaining in a Supply Chain with Asymmetric Demand Information. Management Science 61(2), 301-315.


Nicola Secomandi, Guoming Lai, Francois Margot, Alan Scheller-Wolf, and Duane J. Seppi. 2015. Merchant Commodity Storage and Term-Structure Model Error. Manufacturing and Service Operations Management 17(3), 302-320.


Huaxia Rui and Guoming Lai. 2015. Sourcing with Deferred Payment and Inspection under Supplier Product Adulteration Risk. Production and Operations Management 24(6), 934-946.

Stephen M. Gilbert, Guoming Lai, and Zhuoxin Li. 2015. Supplier Encroachment as an Enhancement or a Hindrance to Nonlinear Pricing. Production and Operations Management 24(1), 89-109.


Seung Jae Park, Gerard P. Cachon, Guoming Lai, and Sridhar Seshadri. 2015. Supply Chain Design and Carbon Penalty: Monopoly vs. Monopolistic Competition. Production and Operations Management 24(9), 1494-1508.


Zhuoxin Li, Stephen M. Gilbert, and Guoming Lai. 2014. Supplier Encroachment Under Asymmetric Information. Management Science 60(2), 449-462.


Leon Yang Chu and Guoming Lai. 2013. Salesforce Contracting Under Demand Censorship. Manufacturing and Service Operations Management 15(2), 320-334.


Guoming Lai, Wenqiang Xiao, and Jun Yang. 2012. Supply Chain Performance Under Market Valuation: An Operational Approach to Restore Efficiency. Management Science 58(10), 1933-1951.


Guoming Lai, Laurens Debo, and Lin Nan. 2011. Channel Stuffing with Short-term Interest in Market Value. Management Science 57(2), 332-346.


Guoming Lai, Mulan Wang, Sunder Kekre, Alan Scheller-Wolf, and Nicola Secommandi. 2011. Valuation of Storage at a Liquefied Natural Gas Terminal. Operations Research 59(3), 602-616.


Guoming Lai, Francois Margot, and Nicola Secomandi. 2010. An Approximate Dynamic Programming Approach to Benchmark Practice-based Heuristics for Natural Gas Storage Valuation. Operations Research 58(3), 564-582.


Guoming Lai, Laurens Debo, and Katia Sycara. 2010. Buy Now and Match Later: the Impact of Posterior Price Matching on Profit with Strategic Consumers. Manufacturing & Service Operations Management 12(1), 33-55.


Guoming Lai and Katia Sycara. 2009. A Generic Framework for Automated Multi-Attribute Negotiation. Group Decision and Negotiation 18(2), 169-187.


Guoming Lai, Laurens G. Debo, and Katia Sycara. 2009. Sharing inventory risk in supply chain: The implication of financial constraint. Omega37(4), 811-825.


Guoming Lai, Cuihong Li, and Katia Sycara. 2006. Efficient Multi-Attribute Negotiation with Incomplete Information. Group Decision and Negotiation 15(5), 511-528.