Value Chain Management (VCM) laboratory in the Department of Industrial Engineering at the Yonsei University focuses on exploring design and operational issues in value chains (not only industry issues but also our social issues). 


Our main research topic is the development of theory and application under uncertainty and competition in value chain and supply chain networks. We also have an interest in multidisciplinary research integrating issues in operations and other functions such as marketing, finance and R&D.


Developing and applying operations research methods to service industry to improve operational efficiency and fairness is another research topic. Disaster management, traffic congestion pricing and market analysis (especially, telecommunications industry) are examples in this area.