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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Gasoline prices at the pump are off their all-time highs, but they remain well above prices just six months ago. Filling an SUV gas tank can run well over $100. People are feeling the pain and looking for ways to balance their budget as fuel costs are taking a bigger chunk out of their paychecks.
In the wake of the Russian invasion of Ukraine, BlackRock CEO Larry Fink issued a letter stating that globalization is ending. Is it really? The U.N. Conference on Trade and Development notes that 2021 was a record year for global trade. Recent discussions at the G7 meeting in Germany and the BRICS summit in China paint a more nuanced picture of whether globalization is ending or increasing.
In this Q&A, supply chain expert Zachary Collier looks at some ways supply chains are threatened today and how companies need to avoid a single point of failure in supply chains.
The world is sitting at a cusp: How best to respond to the rising number of cases of the human version of the monkeypox virus. The current international outbreak (B1) has already spread to more than 58 countries with more than 6,000 cases -- with ongoing monitoring of thousands more people with close contact. Monkeypox has been a heightened concern in several countries worldwide, especially Britain, Germany, Spain, and Portugal. So far, this is the largest international outbreak the world has seen.
In many ways, the emerging advanced air mobility market hopes to operate much like today’s commercial airlines: hundreds of passengers traveling every day aboard dozens of small, electric aircraft. But if this rapid, frequent service is to be achieved, the vertiports from which these air taxis would take off and land must have a lower level of security than today’s airports, according to industry experts.
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