An abundance of holiday shopping choices might lead consumers to believe the supply chain is in OK shape again. Wrong!
Some of the state’s largest utilities say they’re prepared to respond to physical attacks on their facilities after a recent incident in North Carolina where substations were hit by gunfire, leaving thousands without power.
It's possible, but Duke Energy says it's ready to adapt to a spike in demand by beefing up the grid and giving consumers incentives to charge vehicles during off-peak hours. Power concerns and lack of public infrastructure could be stifling widespread EV adoption.
Researchers at the University of Massachusetts Amherst recently published a paper in Nature Communications showing that when first-year female STEM students are mentored by student peers, the positive ripple effect lasts throughout their undergraduate years and into their postgraduate lives, enhancing the mentee’s subjective experience as well as objective academic outcomes.
Troy, COO of an overhead crane providers firm, hung up the cellphone and shot a apprehensive have a look at the backlog of orders on his desk. An essential buyer had simply confirmed necessities for 2 massive industrial overhead cranes. In regular instances he can be delighted, however with a 12-month backlog totaling practically $1srcsrc million, the corporate was dealing with a dilemma. Given the disruptions and delays in his personal provide chain, the sturdy temptation was to extend orders to make certain no less than a few of the elements he was ready for could be delivered on time. However he recalled the Beer Sport, a enterprise simulation train developed at MIT: college students in a beer keg provide chain simulation ordered increasingly from their distributors (at greater and better costs) till the well-known bullwhip impact set in, bankrupting the scholar groups. Troy was decided to withstand the urge to over-order from his suppliers, however he knew one thing should change. Was there a technique to create higher partnerships and streamline his provide chain, creating win-win outcomes?
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
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.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
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.
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.