With back-up plans for running out of respirator masks and for opening an outpost to test patients for the COVID-19 coronavirus, Yale New Haven Hospital is “confident that we are ready” to handle any mass local outbreak.
Experts from Carey Business School share insights on how COVID-19 is weighing on the global economy and how retailers can become more resilient by diversifying supply chains.
In a breakthrough study, researchers have found that higher continuity of care, meaning a care team cooperatively involved in ongoing healthcare, is better for health outcomes.
National banks run stress tests to predict how they’ll perform in a financial catastrophe.
The “supply chain” has no such preliminary measurement. It takes a natural disaster or a pandemic to experience how strong the system is that gets consumers the things they consume.
The much talked about phenomenon of "Monday Blues" that ensues after a comfortable weekend, might actually be a legitimate thing, as indicated by a new study. The research from the Lehigh University's College of Business which was published in the journal - Information Systems Research found that the 'Monday Effect' - that letdown of returning to work after a weekend, which is documented to impact finance, productivity and psychology - also negatively affects supply chains. After the study, researchers found that process interruption that occurs when operations are shut down over the weekend, along with human factors like the 'Monday blues,' hurt supply chain performance on Mondays. That means a longer time between when a purchase order is received and when it is shipped, as well as more errors in order fulfilment. Weekends create bottlenecks at distribution centres that are tackled on Mondays as orders are processed, picked, staged and shipped to customers. Humans completing processing activities are impacted by adjusting to returning to work, more prone to errors and less efficient. Strategies for combating the 'Monday effect' include increased staffing on Mondays (or any day returning from a break, including holidays), fewer Monday meetings and non-fulfilment activities, better training, additional pay or mood-lifters such as free coffee or motivational talks, and double-checking Monday work.
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.