The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Fake Hermès Birkin bags and other counterfeit luxury goods are popular not only with people on a budget, but also with those with deeper pockets, a new study suggests.
Researchers from the National University of Singapore analyzed millions of counterfeit purchases by American consumers from more than 24,000 U.S. zip codes on a major cross-border, e-commerce platform. They found that both lower- and higher-income individuals are “significantly more likely” to buy fake luxury items than middle-income consumers, according to a press release by INFORMS on Monday.
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
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Despite a blockade, Palestinian militants have used help from Iran, ingenuity, Israeli-fired duds and even plumbing pipes to make thousands of rockets with increased range.
"The No. 1 thing we hear from our franchisees is getting the labor they need into their hotels," Choice Hotels International president and CEO Patrick Pacious said this month during the company's first-quarter earnings call in response to a question about staffing shortages. U.S. hotels and other suppliers say they are struggling to get workers back as demand heats up, which could lead to servicing problems and higher prices for business travelers in the coming months.
On today’s episode, Dooner and The Dude are wondering if they’ll be able to fill their tanks by the end of the week. Just how bad are the impacts of the Colonial Pipeline ransomware attack and are shortages self-inflicted?
The threat: Drug producers in India are facing rising numbers of COVID-19 cases, skyrocketing prices for raw materials and transportation challenges.
During the darkest days of the pandemic, I couldn’t shake the grim fear that vaccines would never be enough to stem what had become a daily mass-casualty event. L.A.'s hospitals were running low on oxygen, ambulances were forced to wait for hours before unloading patients, and air quality regulations had to be lifted so crematoriums could process the backlog of bodies.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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