BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
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.
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LONDON (AP) — Russian hostilities in Ukraine are preventing grain from leaving the “breadbasket of the world” and making food more expensive across the globe, threatening to worsen shortages, hunger and political instability in developing countries.
Over the past three years, the U.S. government has intervened frequently to shield American consumers from the pain of wrenching global supply chain disruptions caused by the pandemic, the Ever Given's misadventures in the Suez Canal, and labor shortages. Last October, President Joe Biden's newly created White House Supply Chain Disruption Task Force convinced port workers and terminal operators at the Port of Los Angeles to keep the facility running 24/7 to avert a Christmas supply chain crisis. This week, Congress passed the Ocean Shipping Reform Act that is aimed at clearing red tape and backlogs in U.S. ports to ease shortages and delays.
A 2020 U.S. Census review found that the errors within the count may have cost some states extra seats in Congress while allowing others to hang on to some of theirs.
Audio Interview: Global Risks - Why Good Risk Management Practices are Essential for the Automotive Industry
The tampon shortage, like that of baby formula, is the result of many factors, including too few manufacturers, not enough trained workers, droughts that have affected cotton crops, and the war in Ukraine driving up prices of raw materials.
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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