Zaragoza, SPAIN
The MIT Zaragoza International Logistics program at the Zaragoza Logistics Center has received a Grant of US$492,857.00 from the Bill & Melinda Gates Foundation to study the most effective way to estimate the demand for global health products. The study results could have a profound impact on the planning and quantification processes used in global health programs and would also help create a healthy supply market for these products.
Better demand forecasts are known to result in decreased prices, fewer stock-outs, and enhanced uptake for new global health technologies. Under this 18-month study, researchers at the Zaragoza Logistics Center will work with Center for Transportation & Logistics (CTL) researchers at MIT as well as experts in several other universities to develop new ways of collecting data that are crucial for demand forecasting.
"This study will have a significant positive impact on many people's lives worldwide," says Professor Yossi Sheffi, Director of the MIT Center for Transportation & Logistics, the sister organization of the MIT-Zaragoza International Logistics program in Spain. "Improving demand forecasting for health products will result in greater efficiency in their delivery and lower costs in product manufacturing and shipping. These process improvements will lead to higher availability and lower costs of crucial drugs, alleviating suffering and improving health access across the globe."
About Zaragoza Logistics Center (ZLC)
University of Zaragoza, Zaragoza, Spain
URL: www.zlc.edu.es
Contact: Cristina Tabuenca, Marketing Manager, +34 976 077 611, ctabuenca@zlc.edu.es
The Zaragoza Logistics Center (ZLC) is a research institute associated with the University of Zaragoza in Spain and designated by the Ministry of Education and Science in Spain to coordinate CNC-LOGISTICA, the National Center of Excellence in Logistics & Supply Chain Management. The ZLC partnered with the MIT Center for Transportation & Logistics in 2003 to develop world class education and research in logistics and supply chain management. Research initiatives in the MIT-Zaragoza International Logistics Program leverage the combined resources of the MIT laboratories and a large-scale industrial laboratory in Zaragoza to develop cutting-edge concepts and technologies. The ZLC also offers masters, doctoral, and executive education programs, taught in both English and Spanish, to students from around the world.
About MIT Center for Transportation & Logistics (MIT CTL)
Massachusetts Institute of Technology, Cambridge, MA, US
URL: http://ctl.mit.edu
Contact: Priscilla Bennett, Director of Communications, 617-253-4592, bennett1@mit.edu
MIT CTL has been a world leader in supply chain management research and education for more than three decades. The Center's world-renowned research programs directly involve more than 75 faculty and research staff from a wide range of academic disciplines, as well as researchers in various affiliate organizations around the world. CTL collaborates with industry through its Corporate Outreach Program, which turns the Center's innovative research into market-winning commercial applications. And in education, MIT is consistently ranked first among business programs in logistics and supply chain management. Established in 1998, MIT CTL's Master of Engineering in Logistics (MLOG) program was the first program of its kind, offering an intensive supply chain and logistics degree in just nine months.