The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Museums take this educational role seriously, and many institutions understand the need to sustain and broaden their appeal. “They used to be these big ivory towers of knowledge and history and thought and art,” said Hilary Knight, director of Change& in London and former director of digital at Tate. “Museums themselves are changing their role to be centers for discussion and encounter and to be much more participatory.”
'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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Every business has been affected by the pandemic, but few industries have been as thoroughly disrupted as air travel. As Covid-19 has waxed and waned, airlines have suffered thousands of canceled flights, plummeting ticket prices, and a federal mask mandate that catalyzed a wave of violent incidents on planes.
The invasion of Ukraine by Russia and sanctions imposed on it for doing so and new pandemic-related shutdowns in China are the latest events to rock global supply chains. Combined with the China-U.S. trade war and other pandemic- and climate-related disruptions, it is certain to accelerate the movement by Western companies to reduce their dependency on China for components and finished goods and on Russia for transportation and raw materials and to lead to more localized, or regional, sourcing strategies. If China decides to back Russia in the Ukraine conflict, it would only fuel that movement.
Time to overthink almost every game and use the stats, nuggets and goodies I've compiled below to help you gleefully fill out your bracket(s).
A medical supply company founded in the early stages of the pandemic said Wednesday that it intends to build a $350 million glove-manufacturing facility at Tradepoint Atlantic and ultimately bring more than 2,000 new jobs to the Baltimore County site through a multiphase, three-year development.
The war in Ukraine is no longer just a story about a conflict between nations. It’s having an immediate impact on millions of people and creating multitudes of refugees, which in turn is creating a worldwide humanitarian crisis and exasperating global food insecurity. Likewise, the supply chain for goods has become greatly challenged. How can the West address and overcome these disruptions while taking a hard line against Russia’s aggression? We talk with Anna Nagurney, Ph.D., professor of supply chains, logistics and economics at the University of Massachusetts, about the current state of global events and what’s at stake.
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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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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