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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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.
CATONSVILLE, MD, March 9, 2020 – Research shows higher continuity of care, meaning a care team cooperatively involved in ongoing healthcare, is better for health outcomes, but can there be too much of a good thing? New research in the INFORMS journal Manufacturing & Service Operations Management finds the answer is “yes.”
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.
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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