BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
During the holiday season, a late delivery can sometimes feel like the end of the world. You’ve been there: you order a highly anticipated gadget, new clothes, or a last-minute gift, only to find out that your delivery is delayed. While many blame shipping companies or delivery drivers, the true culprit often lies deeper in the supply chain — at the heart of it all: forecasting.
Catastrophic weather events, wars in Ukraine and the Middle East, trade conflicts, global pandemics—the forces disrupting supply chains are multiplying at a rate few could have anticipated.
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DC VELOCITY’s new podcast is designed to help you keep up with what’s happening in this fast-changing industry. Each week, the editors of DC VELOCITY discuss the latest news and developing trends we all need to know about to keep ahead of the competition. We also talk to industry experts and practitioners in the logistics field.
I should have known better. I work in supply chain. Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! What was the problem? I ordered a table online without checking reviews sufficiently. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supply chain failed them, creating an eleven-month saga and unhappy customer. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable. The issue wasn’t poor planning – they had the inventory. The failure was in supply chain orchestration – connecting planning to execution.
A Medicare proposal to help alleviate major shortages of cancer drugs and other essential medicines could disadvantage facilities serving vulnerable populations and instigate new supply issues, experts and hospital groups say.
Most food banks, homeless shelters and other social services nonprofits constantly face hard decisions about how to use their limited funds. Should they spend as much as possible on meeting the immediate needs of people who need help? How much of their budget is appropriate to spend on new equipment, skilled managers and everything else required for an organization to thrive and endure?
The airline said in an internal memo that it would board economy passengers with window seats before others in economy to save time.
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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