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.
An audio journey of how data and analytics save lives, save money and solve problems.
Jeff Cohen
Chief Strategy Officer
INFORMS
Catonsville, MD
[email protected]
443-757-3565
Explore our resources for multiple topics including:
We do not yet have a vaccine that can be used to help protect people from contracting COVID-19. However, once a vaccine is proven to be both safe and effective, governments, industry and healthcare providers will face the considerable task of figuring out how to distribute the vaccine fairly and efficiently.
Four months into the coronavirus pandemic, and the race to find disinfectant wipes continues. “I figured the rush would be over and people would relax a little bit, but I think they’re still hoarding,” Sean Sphisak, a shopper, said. “There’s none,” Angel Gonzalez, another shopper, said. “I’ve gone to all these grocery stores. I’ve gone to Rite Aid, CVS, anything you can think of, I’ve been there.”
If the coronavirus pandemic ended tomorrow, Scott Nestler’s newly launched company’s days would likely be numbered. He’s ok with that. After all, only during such an upside-down time as a global pandemic could a startup that pinpoints the optimal way to avoid capacity crowds at an event be useful. As colleges and universities reopen their campuses in the age of physical distancing and capacity restrictions, the question of how to safely seat people in large, ticketed spaces such as stadiums, arenas and theaters while still maximizing attendance (and revenue) is a million-dollar question.
Sports are a vital part of the fabric of America. Family time, social events and even holidays for some are centered around it. Over the past months, on top of the health and economic concerns wrought by COVID‐19, the lack of sports has added to our yearning for normality.
On Friday, Democratic Senators Elizabeth Warren of Massachusetts and Cory Booker of New Jersey released the findings of their June investigation into why America’s biggest meat companies warned of domestic shortages while at the same time exporting record quantities of meat to China during the height of pandemic-related supply chain backups in April.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today Magazine
Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
Access Analytics Magazine