Hau Lee is the Thoma Professor of Operations, Information and Technology at the Graduate School of Business, Stanford University. He is also the co-director of the Value Chain Innovation Initiative at Stanford. Lee is a world leader in supply chain management, and has published widely. He was the former Chairman of SCM World before it becomes part of Gartner. Lee was a co-founder of DemandTec, a price-optimization software company that went public at NASDAQ in 2007. He has consulted extensively in industry, and is now on the board of several public and private companies.