Digital Technology Could Mitigate the Impact of Pandemics
Often, a crisis brings about a re-evaluation of basic systems. As the world wrestles with the multi-faceted impacts of COVID-19, the global supply chain has come under very close scrutiny.
BALTIMORE, MD, September 26, 2024 – From reshaping healthcare delivery to optimizing global supply chains, developing life-saving algorithms and numerous other significant contributions, 12 pioneers in operations research and analytics are set to receive one of the highest honors in the field – being named an INFORMS Fellow. INFORMS, the premier international association for the decision and data sciences, proudly announces its 2024 class of Fellows – leaders whose innovative contributions have transformed industries, improved lives worldwide and significantly advanced INFORMS’ fields of interests. These luminaries will be celebrated at the 2024 INFORMS Annual Meeting, held October 20-23, in Seattle, Washington.
Blame the presidential election for extra early Christmas shopping this year.
The test for any breakthrough technology is often where you least expect it, but once it “conquers” that application, even more possibilities may emerge.
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Often, a crisis brings about a re-evaluation of basic systems. As the world wrestles with the multi-faceted impacts of COVID-19, the global supply chain has come under very close scrutiny.
The rug has been pulled out from beneath us. Doing things the same way we’ve always done them will no longer serve us, so we can’t simply put it back in its place. In fact, the definition of pulling the rug out from underneath someone is that doing so causes their plans to fail, because they have little recourse or time to respond adequately. It’s a fitting metaphor for the world’s supply chains, which have always had to figure out how to respond rapidly in the face of rug-tugging disruptions, although none at the scope of the current one. We can count on disruption occurring again, in some form, so the only way to respond is to build in the supply chain agility necessary to be able to respond more effectively next time our rug is yanked.
If there’s any certainty in an uncertain world economy right now, it’s that the coronavirus crisis is shaking up the way global businesses think about their supply chains.
Once upon a time—yet merely weeks ago—chasing technological trends and making investments in innovation were considered discretionary to attaining a competitive edge in business.
I thought it would be a simple purchase. A heater and some hard wax beads so I could wax my bikini line and armpits at home during lockdown. Hours later, I felt no closer to making a decision.
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