AKIKO FUJITA: Well, the cost of food at home increased 13.1% in the month of July, but many consumers are now concerned about the size of the products they're purchasing, also known as shrinkflation. Brooke DiPalma here to break it all down. Brooke, you went out to grocery stores. You saw it. How--
It is no longer sufficient to design supply chains that are timely and cost-effective. As we learned over the past two years, resilience is paramount and making supply chains resilient demands a new management paradigm. Lessons learned from organizations that provide security may offer such a model. One of the most effective models to compare in this context is air travel and how the Transportation Security Administration (TSA) conducts airport security because how it centers on providing security to the human supply chain.
Once finalized, the JetBlue-Spirit Airlines merger may mean improved service for the ultra-low-cost carrier
These days, whether you're ordering a book, a smartwatch, a tablet PC or a pair of slide sandals, chances are you're anticipating finding that item in a box on your doorstep tomorrow. You're not alone.
Zachary Collier is an assistant professor in the Department of Management at Radford University. He speaks about the impact of the CHIPS Act on the semiconductor shortage. This content is made available by INFORMS, the largest association for the decision and data sciences. What follows are four questions and responses. These responses were provided on August 3, 2022. Link to Audio
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An audio journey of how data and analytics save lives, save money and solve problems.
The test for any breakthrough technology is often where you least expect it, but once it “conquers” that application, even more possibilities may emerge.
Inside Universities Love-Hate Relationship with ChatGPT
New findings from a team of renowned researchers calls for transparency and rigorous oversight of the U.S. Medicare Advantage (MA) program, the United States' largest healthcare capitation program.
Mpox is spreading across several African countries. The World Health Organization declared mpox a “public health emergency of international concern.” The Democratic Republic of Congo has been hardest hit, though Burundi has also seen a recent surge of cases. To date this year, 36,000 suspected cases have been reported, with more than one-half among children younger than 15 years old. In Burundi alone, two-thirds of the recent cases have been in those younger than 19.
The supply chain for many small parcel shipping companies is typically long. Products are often made in distant lands, travel on oceans and waterways, arrive at ports, are then transported to warehouses, from where a third-party logistics provider delivers the product to its intended destination. In a stable world, shippers and customers alike can expect a product to be delivered within the promised time window. However, in a world facing high levels of uncertainty caused by war, pandemic, political instability, raw material shortages, freak accidents (recall the regional and national impact of the bridge collapse in the Port of Baltimore caused by a container ship), and weather, the shipper must work overtime to ensure customer expectations are met at no additional cost, despite these uncertainties.
BALTIM0RE -- Experts say the longer the thousands of port workers strike, including at the Port of Baltimore, the more catastrophic the impacts could be.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.