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Changes to flu shot supply chain could save lives: Study

Changes to flu shot supply chain could save lives: Study

U.S. News & World Report, January 11, 2019

While problems with flu vaccine distribution in the United States may cost lives and pose a serious threat in the event of a flu pandemic, a new computer model shows that proposed changes to the current distribution system could save thousands of lives. INFORMS members Pinar Keskinocak of the Georgia Institute of Technology, Julie Swann of North Carolina State University, and Zihao Li of the Centers for Disease Control and Prevention conducted research that found by replenishing flu vaccine stocks in regions where they are being used up and not replenishing them in areas where vaccines are piling up because people aren't getting flu shots would have a population-wide benefit by increasing the total number of vaccinated people. They would then be less likely to get sick and to infect others, reducing the overall flu wave. This change to flu vaccine distribution could save thousands of lives in a regular flu season, and even more in a flu pandemic.

MIT targets life sciences with clinical trial analytics project

MIT targets life sciences with clinical trial analytics project

Health IT Analytics, January 9, 2019

Andrew Lo, INFORMS member and professor at MIT is working with the MIT Laboratory for Financial Engineering (LFE) and Informa Pharma Intelligence have on an initiative to provide timely and accurate estimates of the risks and benefits of clinical trials to the entire life sciences ecosystem.

The best data and analytics events and conferences to attend in 2019

The best data and analytics events and conferences to attend in 2019

Solutions Review, January 9, 2019

The 2019 INFORMS Business Analytics Conference in Austin, TX has been named among the best data and analytics conferences and events to attend in 2019! Join over 1,000 leading analytics professionals and industry experts in discovering new mathematical solutions to problems, networking strategies for advancing your career, and recognizing individual and team efforts within your field with most prestigious awards in analytics and operations research. The INFORMS Analytics Conference delivers three days of intensive learning about the latest innovations in analytics.

Retailers are squandering their most potent weapons

Retailers are squandering their most potent weapons

Harvard Business Review, January 3, 2019

New research from INFORMS members Sergeuei Netessine and Santiago Gallino, and INFORMS Fellow Marshall Fisher, all of the University Pennsylvania, can increase brick and mortar store revenue by as much as 20 percent by determining the optimal amount of staffing and training for individual stores. 

The NFL's inaugural Big Data Bowl

The NFL's inaugural Big Data Bowl

NFL, January 2, 2019

NFL Football Operations is hosting an inaugural Big Data Bowl contest which challenges members of the data analytics community, from college students to professionals, to innovate how football is played and coached and contribute to the evolution of advanced analytics in the NFL. 

INFORMS President Ramayya Krishnan receives 2018 Bright Internet Award

INFORMS President Ramayya Krishnan receives 2018 Bright Internet Award

Carnegie Mellon University News, December 31, 2018

INFORMS President and Heinz College Dean Ramayya Krishnan has received the 2018 Bright Internet Award (Jae Kyu Lee Award) from the Korea Society of Management Information Systems. The award honors those who have made excellent scholarly achievements and contributions in the field of management information systems, especially in the area of Bright Internet research and development. 

Supply chain visibility and social responsibility: consumers willing to pay…

Supply chain visibility and social responsibility: consumers willing to pay…

Supply Chain Asia, December 22, 2018

Companies from Patagonia to Nike to Levi’s are leading the charge on social responsibility and supply chain transparency and they’ve encouraged their competitors to follow suit. But getting better visibility into a supply chain is an expensive and time-consuming endeavor for apparel makers. But do customers really care, and if so, are they willing to reward a company for its efforts? A new study in the INFORMS journal Manufacturing & Service Operations Management finds that customers do indeed value information related to a company’s supply chain — and many are prepared to pay a premium for greater supply chain visibility. 

FreightTech 25: UPS' ORION software doesn't defy the law of physics. It just seems that way

FreightTech 25: UPS' ORION software doesn't defy the law of physics. It just seems that way

Benzinga, December 17, 2018

The UPS ORION software, in use since 2012 after a decade of development, calculates a driver's most efficient path for the typical shipping day, which consists of about 100 stops, by analyzing more than 200,000 routing options. 

Senior Program Manager Jack Levis, winner of the INFORMS Franz Edelman Award, president of the INFORMS Analytics Society, and chair of the INFORMS Analytics Certification Board, is considered the father of the software which is operational across the entire U.S. system and currently being tested internationally.

How much do aging runners really slow down? Maybe less than you think

How much do aging runners really slow down? Maybe less than you think

WBUR, December 14, 2018

Former INFORMS President Ed Kaplan coauthored a study that explores how much runners actually slow as the age, and the good news is, not as much as was originally thought. The study showed that older runners start to decline gradually after the age of 40, and only start to slow more dramatically in their late 70s. 

Rewarding your shopping loyalty with points

Rewarding your shopping loyalty with points

The Conversation, December 11, 2018

INFORMS member and Brock University professor Michael J. Armstrong, with Carleton University professor Aaron Luntala Nsakanda discuss the ins and outs of loyalty awards programs, from airline frequent flier clubs to retail stores, using their research that utilized stochastic linear programming to model and earning and redemption of points in rewards program over time. 

Data ethics

Data ethics

Data Skeptic, December 10, 2018

Scott Nestler, CAP, INFORMS member and professor with the University of Notre Dame, shares his perspective on a variety of ethical questions specific to data and analytics, and in particular, the role of the INFORMS Ethics Guidelines.

New UPS navigation tool aims to save time and money with each turn

New UPS navigation tool aims to save time and money with each turn

U.S. News & World Report, December 4, 2018

United Parcel Service Inc on Tuesday said it is rolling out a new navigation tool designed to reduce costs for the company and headaches for its roughly 60,000 U.S. package delivery drivers. The world's biggest package delivery firm - known for eliminating most left turns on routes as part of a years-long effort to cut driver miles, fuel use and accident risks - expects to have the new UPSNav technology in most of its U.S. drivers' hands by 2020. UPS is also a recipient of the INFORMS Franz Edelman Award. 

Can predictive analytics help banks, consumers avoid overdraft issues? New study says, yes

Can predictive analytics help banks, consumers avoid overdraft issues? New study says, yes

Science Daily , December 3, 2018

In 2012, consumers paid $32 billion in overdraft fees, which represented the single largest source of revenue for banks from demand deposit accounts, while leading to significant levels of consumer dissatisfaction and attracting attention from government regulators. In a recent study in the INFORMS journal Marketing Science, researchers have found that it may be possible to help correct this problem through the application of sophisticated data analytics.

Penn State grad develops snow plow optimization tool

Penn State grad develops snow plow optimization tool

Ed Scoop, November 15, 2018

For the fourth time since 2010, Penn State's University Park campus called for a snow day and canceled class, but thanks to new software that will help more efficiently clear roads, walkways, and parking lots on campus, roads may be open before long. 

Blockchain holds the key to unlocking Gen Z’s marketing wishes

Blockchain holds the key to unlocking Gen Z’s marketing wishes

Crowdfund Insider, November 11, 2018

Gen Z: You know, the generation that dumped Facebook for Instagram, and prefers YouTube videos to cable TV. Gen-Zers were born after 1995 and are expected to represent 40% of consumers by 2020. The ‘post-millennials’ generation is growing older and marketing experts are creating new tactics to communicate with them by learning to speak their social media language while embracing tailor-made technology such as blockchain. These are keys to decoding GenZ’s marketing wishes that incorporate specific blockchain features.

Study: SEO suffers from lack of context

Study: SEO suffers from lack of context

Street Fight, November 9, 2018

Billions of dollars are spent on search engine optimization and search engine marketing every year. A new study published in the INFORMS journal Marketing Science explores the complications of the strategy, shining a light on the inherent challenges that come along with using search terms with multiple meanings.