Disrupting the Dominant Design of Transportation Procurement
Dr. Chris Caplice
For over 30 years, truckload transportation procurement has followed the dominant design of an Annual RFP to collect fixed contract rates that are fed into static Routing Guides. Recent experience and analysis shows that this two stage procurement process (Award and Tender) commonly fails and shippers have to spend additional effort to secure truckload capacity. This session discusses how shippers, carriers, and brokers can improve the transportation procurement and management process.
At the 2021 Supply Chain Exchange Partner Kickoff Meeting, we heard from you that we should have a set, standing meeting day and time each month for our Partners to convene and we agree. In response, we are hosting a monthly Supply Chain Exchange session on the First Friday of each month, from 11 a.m. to 1 p.m. Eastern U.S. time.
We also learned that you want to hear research updates and participate in educational programs. We’re setting aside two hours on each "First Friday". The first hour will be for introductions and a research briefing, the second hour may be used for an educational session. We expect that some Fridays we may only have a research briefing, depending upon your interest. However. we thought it would be wise to block the full two hours for everyone to have it in your calendars as education topics may be added.
The specific content and agenda of the Friday meetings will vary from month to month and will be announced in advance. In addition to First Fridays, we will continue to host other gatherings, roundtables, and training throughout the year. These will address a variety of supply chain topics brought forward by you, our Supply Chain Exchange members, and proposed by MIT CTL researchers.
We request registration for each First Friday. As a courtesy, we have included a calendar invitation so you can save the date for the meetings, with a prompt to register. Downloading the calendar invitation does not register you for the series, however. You must use the form below.
*Please note: This series is open exclusively to Supply Chain Exchange members.
Supply Chain Exchange Partners
If you've created a user account on our website, access previous First Friday materials here.
United States export control regulations prohibit U.S. entities, such as MIT, from offering services to users in specific sanctioned regions. In order to comply with these regulations, MIT CTL does not allow users in certain countries or regions to access our courses, including certain degree program content. These countries or regions may include Iran, Sudan, Crimea, Cuba, Syria, North Korea, and are subject to change depending on U.S. export control regulations. More information about the sanctions programs administered by the Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury is available at https://www.treasury.gov/resource-center/sanctions/pages/default.aspx.
Additionally, VOIP/Zoom may be unavailable in certain regions, including the UAE. Depending on your exact location, you may encounter a payment purchase block when attempting to register for a course.
We value our global community of students and regret the need to impose any restriction on access to our courses. You will be notified by MIT CTL staff should your registration be restricted.