Opher Baron, operations management orofessor, Rotman School of Management, joins BNN Bloomberg to discuss the global supply chain disruption and what businesses can expect in the coming months. He also notes that it will take time for firms around the world to work through altering their supply chains.
Can't find what you need at the store again? You're not alone. As the world reaches the two-year mark of the COVID-19 pandemic, more items are becoming scarce because of a supply chain shortage across the globe.
President Joe Biden on Wednesday announced a plan to clear the backlog of container ships off the coast of Southern California by launching 24-hour operations at the port of Los Angeles. Mike O’Sullivan reports.
With the critical holiday shopping season rapidly approaching, retailers are scrambling to get products on their shelves due to the ongoing chaos along global supply chains.
The wildfire management community has made great strides incorporating new decision support tools into how it plans for and responds to wildfire incidents. Despite improvements in risk assessment and management at the incident scale, increasing fire activity and critical resource shortages reveal a system under strain in need of strategies that more efficiently allocate scarce resources across incidents while promoting the well-being of the firefighting workforce upon which the system relies. A scaled-up infusion of data-driven analysis and decision-making could enhance the performance of the entire wildfire management system.
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INFORMS
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An audio journey of how data and analytics save lives, save money and solve problems.
A Chinese AI startup is gaining popularity, amassing tons of downloads shortly after the app’s debut. DeepSeek’s flagship model is free, but the organization charges users who connect their own applications to DeepSeek’s model and computing framework, the Wall Street Journal reported.
A new Chinese artificial intelligence tool has sent shock waves through the U.S. tech community. The AI lab DeepSeek claims to have developed a model on a tiny budget that can outperform similar Western models in terms of cost and performance in math. China, it seems, continues to innovate in advanced technologies despite extensive U.S. efforts to contain their growth.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Tariffs could raise the cost of medical care and prescription drugs for people in the U.S.
A groundbreaking new study in the INFORMS journal Transportation Science reveals the severe and far-reaching consequences of Russia’s full-scale invasion of Ukraine on global food security. The research highlights an urgent need to address disruptions in the transportation of Ukrainian grains, which have caused dramatic price spikes and worsened food insecurity worldwide, particularly in vulnerable regions such as the Middle East and North Africa.
Dockworkers on the East and Gulf coasts could go on strike again in less than two weeks if they don’t reach a contract agreement with ports and shippers. Talks are set to resume next week, according to Bloomberg. The main sticking point between the two sides? Automation.
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.