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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The COVID-19 pandemic has brought medical supply chains into the spotlight. There has been a national shortage of testing kits, and at least one drug is already unavailable because of the outbreak, though it hasn’t been publicly named.
INFORMS President, Pinar Keskinocak, does her first live TV interview on the impact of supply chains amid the coronavirus pandemic.
At a time when healthcare leaders are trying to work out a huge range of issues around preparations for the COVID-19 pandemic, one area of endeavor that is coming into further focus is the operations management field. Operations management professionals work in many industries, focusing on ensuring the orderly and organized functioning of supply management and of operational processes. Their professional association, the Catonsville, Md.-based Institute for Operations Research and the Management Sciences, or INFORMS, has been active in helping its members who are working in the healthcare industry to help their organizations prepare for what’s coming next.
In states and cities across the U.S., government officials have ordered residents to stay home, shelter in place and otherwise put their familiar routines "on pause" to help quell the spread of COVID-19.
With President Trump saying he wants “the country opened” by Easter to salvage the U.S. economy, a fierce debate is now raging among policymakers over the necessity of shutting down vast swaths of American society to combat the novel coronavirus.
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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