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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Can artificial intelligence and other types of data analytics pick a Final Four in this year’s NCAA basketball tournament? Given all the computing power available these days and the wealth of data available, picking winners should be a no brainer. Add in the power of artificial intelligence and the results should be a foregone conclusion.
Two landmark events happened on Capitol Hill in August 2022: The Inflation Reduction Act (IRA) was passed, and the CHIPS and Science Act signed. Both acts hold promise to increase supply chain resilience and reduce dependence on China. Both seek to use federal incentives like tax credits and subsidies to strengthen domestic production in the semiconductor and clean-energy sectors.
The growth of artificial intelligence and its wholehearted embrace by business higher education has surprised even those who have long studied it. Count among them Professor Tinglong Dai, who teaches a first-of-its-kind MBA course at the Johns Hopkins Carey Business School called Data Science: Artificial Intelligence.
In December 2019, Connecticut announced the largest purchase of renewable energy in state history. Providing 804 megawatts of offshore wind power, Avangrid’s Park City Wind Project promised the equivalent of 14% of the state’s electricity supply, $890 million in direct economic development, improved grid reliability during the winter and the opportunity to slash over 25 million tons of carbon dioxide emissions.
10 March Madness tips from a certified bracket master
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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