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:
Karan Girotra, Cornell University professor, on whether we should be concerned about the U.S. food supply in light of all the panic buying that’s going on right now.
CATONSVILLE, MD, April 23, 2020 – Businesses don’t typically disclose information to consumers on how much it costs to produce a product. However, new research in the INFORMS journal Marketing Science provides evidence that doing so can increase consumers’ purchase interest by more than 20%.
The daily drama of money and work from the BBC.
Mitigating Covid-19 transmission risks aboard aircraft has been a major focal point during the current crisis. But before passengers even reach their gates, they have to navigate often crowded TSA security checkpoints. When stay-at-home orders and travel restrictions begin to lift, concerns about social distancing are likely to continue for a period. Aviation editor Robert Silk spoke with Sheldon Jacobson, a University of Illinois computer science professor whose research has included the foundational analysis of what became the TSA PreCheck program, about what can be done to reduce checkpoint risks.
Two months into the COVID-19 outbreak in Georgia, the demand for diagnostic testing still far outweighs the supply of test kits and the protective personal equipment nurses need to wear while conducting testing.
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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