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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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From Amazon to Alibaba, the world’s top online marketplaces sell about $2 trillion in third-party products a year, generating sizeable profits just by opening their websites to other vendors. But many marketplace-style websites may be leaving cash on the table because of how they’re charging vendors to sell their goods online.
Lauren Steimle is an assistant professor and Dima Nazzal is the director of professional practice in the H. Milton Stewart School of Industrial and Systems Engineering at Georgia Institute of Technology. Working with an undergraduate and graduate student, they put social distancing plans by colleges to a test and find colleges are overly optimistic about their ability to create social distance in classrooms.
A new research paper from the Massachusetts Institute of Technology estimates that blocking out the middle seat on airplanes could cause the likelihood of passengers being infected with coronavirus to drop by nearly half, just as some airlines are starting to book flights to capacity again.
As many airlines begin filling their middle seats and ending the era of social distancing on flights, a new research paper from the Massachusetts Institute of Technology is raising questions about the risks associated with packing planes full of people.
Much like the internet isn’t one thing, the supply chain isn’t either. Instead, it’s a complex, symbiotic relationship between consumption and production that, in theory, is supposed to balance out. And usually it does. But when it doesn’t, you get the current toilet paper aisle at your favorite local grocery store with limited supplies. Four months ago, WABE’s host of “All Things Considered,” Jim Burress asked Georgia Institute of Technology’s Pinar Keskinocak to break down the concept of the supply chain. Monday, Keskinocak spoke to Burress again and gave an update, but she started the conversation with a reminder of what exactly the supply chain is.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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