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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Jeff Cohen
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INFORMS
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The collapse of the Francis Scott Key Bridge and subsequent suspension of shipping at the Port of Baltimore could have large economic impacts for the city and the world.
The great thing about working on Life Kit is that the editors and producers get to pick up all sorts of nifty life hacks that improve our daily lives, save money and enhance our relationships.
Baltimore: The Baltimore bridge that was destroyed when a massive cargo ship crashed into it and killed six construction workers was only in a “satisfactory condition” and not built to withstand such an impact, investigators have found.
Soon after the container ship Dali struck and toppled the Francis Scott Key Bridge early Tuesday, Paul Brashier was among many in the shipping industry who shifted into overdrive.
The Francis Scott Key Bridge could rejoin Baltimore’s skyline in as little as two years or as many as 15, with some experts eyeing a number in between.
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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