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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Communicating “I have some good news and some bad news” is better than combining messages into a single, bleak result when small gains and large losses occur together, according to a study in the current issue of Management Science, the flagship journal of the Institute for Operations Research and the Management Sciences (INFORMS®).
The Institute for Operations Research and the Management Sciences (INFORMS®) today announced its 2009 Board of Directors, which took office at the beginning of the year. Don N. Kleinmuntz is the 2009 President of INFORMS.
The application of operations research and analytics to streamlining its millions of product configurations allowed HP to win the 2009 Franz Edelman Award for Achievement in Operations Research and the Management Sciences at a banquet in Phoenix tonight.
The Institute for Operations Research and the Management Sciences (INFORMS®) last night announced the award of the INFORMS Prize to Intel. The ceremony took place at an INFORMS meeting, Applying Science to the Art of Business: the 2009 INFORMS Conference on Operations Research Practice at the Sheraton Phoenix Downtown.
In their competition with brick-and-mortar stores, online retailers will do best if they promote the ability to search out and obtain niche products online, according to the Management Insights feature in the current issue of Management Science, the flagship journal of the Institute for Operations Research and the Management Sciences (INFORMS®).
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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