Since the COVID-19 virus has spread through the United States, you’ve no doubt found your local stores sold out of essential items, such as toilet paper, hand sanitizer, and many food products.
The coronavirus pandemic has resulted in a very dynamic situation. We’ve had to adjust our plans accordingly. Shelter-in-place orders in individual states have disrupted the supply chain sooner than anticipated. Consequently, BMW Plant Spartanburg will close for a two-week period beginning Sunday, March 29, through Sunday, April 12. We will continue to monitor the ongoing situation very closely and adjust our plans as circumstances dictate.
Chinese exports plummeted 17.2 percent in dollar terms in the first two months of the year as the Asian giant grappled with the effects of the spread of Covid-19. The coronavirus outbreak has shed light on the risks of companies relying on China as a sole source of manufactured goods, as factory closures and transportation restrictions disrupted global supply chains in sectors ranging from pharmaceuticals to electronics to auto production.
The COVID-19 pandemic has brought medical supply chains into the spotlight. There has been a national shortage of testing kits, and at least one drug is already unavailable because of the outbreak, though it hasn’t been publicly named.
INFORMS President, Pinar Keskinocak, does her first live TV interview on the impact of supply chains amid the coronavirus pandemic.
Jeff Cohen
Chief Strategy Officer
INFORMS
Catonsville, MD
[email protected]
443-757-3565
An audio journey of how data and analytics save lives, save money and solve problems.
With seemingly no limit to the demand for artificial intelligence, everyone in the energy, AI, and climate fields is justifiably worried. Will there be enough clean electricity to power AI and enough water to cool the data centers that support this technology? These are important questions with serious implications for communities, the economy, and the environment.
It’s college graduation season, which means over 4 million seniors will graduate in the next few weeks, flooding the job market with new candidates. One area that has shown high potential for the right candidates is artificial intelligence and machine learning. Both disciplines are part of the larger data and analytics career path.
Drugs being explicitly developed to treat rare diseases are getting more expensive.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
The recent US-China agreement to temporarily reduce tariffs is a major step for global trade, with tariffs on US goods entering China dropping from 125% to 10% and on Chinese goods entering the US decreasing from 145% to 30% starting May 14. While this has boosted markets and created optimism, key industries like autos and steel remain affected, leaving businesses waiting for clearer long-term trade policies.
With sweeping new tariffs on Chinese-made products set to take effect this summer, Americans are being urged to prepare for price hikes on everyday goods. President Donald Trump's reinstated trade policies are expected to affect a wide swath of consumer imports, including electronics, furniture, appliances, and baby gear. Retail experts are advising shoppers to act before the tariffs hit and prices rise.
Twenty years ago, few people would have been able to imagine the energy landscape of today. In 2005, US oil production, after a long decline, had fallen to its lowest levels in decades, and few experts thought that would change.
In the case of upgrading electrical and broadband infrastructure, new analysis from the University of Massachusetts Amherst reveals {that a} “dig once” strategy is almost 40% more economical than changing them individually.