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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The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.
Bird flu outbreaks that wiped out about 15 percent of the nation’s egg-laying chickens and drove wholesale egg prices to a peak of more than $8.50 a dozen in February have vexed grocery shoppers and prompted big breakfast chains to add surcharges to diners’ checks. But for owners of small eateries, paying double or triple for an ingredient they crack by the hundreds each day could potentially put them out of business.
WEDNESDAY, March 26, 2025 (HealthDay News) -- Black babies and children are more than twice as likely to die as white kids, and that gap has grown since the 1950s, a new study says.
In an era where sustainability and efficiency have become paramount in the grocery sector, a groundbreaking study has emerged, emphasizing the role of blockchain technology in addressing the growing crisis of food waste and rising prices. The findings, published in the INFORMS journal Management Science, reveal how adopting blockchain for real-time freshness tracking can drastically enhance operational efficiencies and reshape how retailers interact with supply chains. This innovation not only serves to optimize inventory levels but also has the potential to reshape the entire grocery industry’s economic framework.
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