Student-Industry Interconnection Transforms the Fabric of Supply Chain

May 23, 2017
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By Yossi Sheffi, Ph.D. More and more companies today are finding innovative ways to collaborate with supply chain research centers. When the projects are well planned and supported, the benefits of such partnerships can be substantial. Supply chain professionals often are surprised by how much value they derive, and the students involved enjoy the unique experience of applying their classroom-based knowledge in the real world. One initiative that has proven to be especially rewarding for both parties is collaboration on graduate program theses or capstone research projects. At the Massachusett

Joseph the Logistician: A Biblical Tale of Our Time

April 26, 2017
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Possibly the most brilliant logistician of the biblical age, Joseph, can teach us a lot about the importance of logistics today. Joseph’s exceptional forecasting and planning abilities put him on a fast track to promotions. He ascended rapidly from the role of prisoner/superintendent in an Egyptian jail, to Pharaoh’s Chief Logistics Officer with “Prince” in his title. At the peak of his career, the man was second only to Pharaoh. Let’s recap Joseph’s rise to capture the full significance of his story in the modern day. After being sold by his brothers to a group of nomad Ishmaelites for “twent

MIT Master’s Program in Supply Chain Management Ranked No. 1 in the World

April 25, 2017
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The MIT master’s program in supply chain management has been ranked as the world's No. 1 graduate business program in supply chain and logistics by Eduniversal, the Paris-based global rating agency for higher education. This is the second time the MIT master’s program has been ranked No. 1 by Eduniversal. The 10-month master's in supply chain management program at MIT has been educating supply chain professionals for almost 20 years, and is the model for graduate programs in centers across MIT’s Global Supply Chain and Logistics Excellence (SCALE) Network. The program is currently offered at t

Commonwealth of Massachusetts Governor Charlie Baker Visits MIT Center for Transportation & Logistics and AgeLab

April 13, 2017
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The Governor of the Commonwealth of Massachusetts, Charlie Baker visited the AgeLab at MIT Center for Transportation & Logistics on Wednesday, April 12, where he signed an Executive Order establishing the state’s first Governor’s Council to Address Aging in Massachusetts. The Council will develop a plan to improve public and private efforts to support healthy aging in Massachusetts, to achieve the goal of making the Commonwealth the most age-friendly state for people of all ages. Older adults are the largest and fastest-growing segment of the U.S. population and they will make up 23% of the Co

Not Your Father’s High Street

March 31, 2017
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What will retailing look like 10 years from now? Will Main Street and suburban shopping still exist? Recent announcements by household names such as Sears, Macy’s and J. C. Penney of mass store closures, and the unrelenting growth of e-commerce, do not augur well for the traditional shopping experience. But the death of bricks-and-mortar retailing has been grossly exaggerated. A decade from now people will still be visiting their favorite outlets – it’s just that the environment in which they shop will look very different than it is today. Ironically, some of the branded outlets they’ll patron

Self-Driving Cars Could Be Boon for Aged, After Initial Hurdles

March 23, 2017
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Single, childless and 68, Steven Gold has begun to think about future mobility and independence. Although in good health, he can foresee a time when he won’t be a confident driver, if he can drive at all. While he hopes to continue to live in his suburban Detroit home, he wonders how he will be able to get to places like his doctor’s office and the supermarket if his driving becomes impaired. For Mr. Gold and other older adults, self-driving cars might be a solution. The number of United States residents age 70 and older is projected to increase to 53.7 million in 2030, from 30.9 million in 20

MIT’s Global Supply Chain MBA

March 16, 2017
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The new 3C program allows students to study on three continents in ten months, gaining a global perspective and an master's degree. When I was in college, way back in the day, we all looked forward to a semester abroad. It was a chance to experience the world and broaden your horizons as part of your education. With that as backdrop, I was intrigued to read about a new supply chain masters degree program being rolled out by the MIT Global SCALE Network next fall. Known as the 3C Master’s Program – the 3C refers to three continents – the program will begin with a fall term in Zaragoza, Spain ,

Supply Chain Management: Past, Present and Future

March 03, 2017
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Featuring the article "A New Score for Supply Chains" by Chris Caplice Additive manufacturing, autonomous vehicles, blockchain technology, the Internet of Things and multi-channel retailing are some of the innovations that are driving tremendous change in supply chain management today. Yet the innovative trend that is of most interest to me is already several decades old—the growing importance of service over products. Although this trend is not new, it is more relevant to the future of supply chain management than ever, and its impact is gaining momentum. I believe that the value of services

The real keys to innovation: Knowledge and creativity

March 03, 2017
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Technology promises to revolutionize the way supply chains are managed. However, in-depth knowledge and creative problem solving can enable significant supply chain innovations without the need for new technology. By Roberto Perez-Franco At a time when promising new technologies (Big Data, Internet of Things, Blockchain, to name a few) promise to revolutionize the way supply chains are managed, it is tempting to conflate the idea of supply chain innovation with new technology. However, to assume that cutting-edge technology is necessary for innovation would be a mistake; revolutionary innovati