The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Museums take this educational role seriously, and many institutions understand the need to sustain and broaden their appeal. “They used to be these big ivory towers of knowledge and history and thought and art,” said Hilary Knight, director of Change& in London and former director of digital at Tate. “Museums themselves are changing their role to be centers for discussion and encounter and to be much more participatory.”
'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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The Transportation Security Administration is moving forward with plans to implement facial recognition technology at U.S. airports and is working with the Department of Homeland Security’s research and development component to analyze data to ensure that the new units are working correctly, agency officials told Nextgov/FCW.
THE PORT OF VIRGINIA – Recent terror attacks on shipping in the Middle East are sparking major geopolitical and economic implications for world trade, which could lead to supply chain disruptions and higher prices.
There is much talk on the campaign trail from the two leading candidates about imposing tariffs on imported goods. Former President Trump wants to impose a 10% tax on all imports. President Biden’s administration is considering imposing tariffs selectively, the so-called “small yard, high fence” approach. The impact of a tariff is not fully predictable and does not follow a straight line. While it may give a small boost to the country imposing tariffs in the short term in a variety of ways, it could have unintended consequences in the long run.
NPR's Steve Inskeep talks to Robert Handfield, professor of operations and supply chain management at North Carolina State University, about the bottle neck the reduction in traffic is causing.
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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