Loughborough University has partnered with the Massachusetts Institute of Technology's Center for Transportation and Logistics to be the first UK member of its Global Supply Chain and Logistics Excellence (SCALE) Network.
The union will offer an exclusive Master's degree programme for hundreds of students each year, with time divided between both Loughborough and Massachusetts.
Goal is to enable the design of supply chains that can set new standards of sustainability and cost-effectiveness.
The Massachusetts Institute of Technology (MIT) Center for Transportation & Logistics (CTL) is investigating potential of machine learning (ML) and artificial intelligence (AI) to transform the future of logistics operations and goods transportation.
Research shows that large-scale supply chain disruptions often don’t derail sustainability efforts.
On the 30th anniversary of Amazon’s founding, Selene Silvestri, a research scientist with MIT’s Center for Transportation and Logistics, joins The Pulse’s Liz Tung to discuss how the company developed its supply chain. “They needed to ensure that items were available, that they could deliver promptly,” Silvestri explains. “They also needed to start having their own warehouses. And they had to do so with two things in mind. They needed these to be cost efficient and they needed also to have these warehouses in locations that would allow them to ship fast.”
The lab addresses logistics issues through advanced predictive capabilities, autonomous delivery, and automation.
The Massachusetts Institute of Technology Center for Transportation & Logistics (MIT CTL) has recently inaugurated the Intelligent Logistics Systems Lab, a new research facility supported by Mecalux. The goal of this lab is to investigate how machine learning (ML) and artificial intelligence (AI) can revolutionise the logistics industry.
In an article by Plastics Today, CTL Director Yossi Sheffi's book Balancing Green: When to Embrace Sustainability in a Business and When Not To was quoted to demonstrate how consumers will often decide to not pay a higher price for more sustainable products.
“In the checkout line, we don’t tend to put our money where our environmental mouths are, regardless of age. Although some surveys show that most consumers say they want sustainable products, sales data show that only a small percentage are willing to pay more to buy them.”
Dr. Miguel Rodriguez Garcia and Dr. Erez Agmoni, Global Head of Innovation, (Logistics and Services), A.P. Møller-Maersk A/S, discuss the six steps for environmentally compliant warehouses in SupplyChainBrain.
In an era marked by global disruptions, the fragility of supply chains has been starkly revealed. Pandemics, geopolitical tensions, natural disasters, and climate emergencies have not only exposed weaknesses but have also sparked a wave of innovation and strategic evolution. As McKinsey notes, supply chain leaders are now vested with both the attention of top management and a mandate for tangible change.
Three prestigious outlets have already selected the programs of MIT CTL this year.
Thirty-five exceptional graduates from top undergraduate supply chain management and engineering programs across the United States have been awarded tuition fellowships and conditional acceptance to the MIT Supply Chain Management Master’s Program.
MIT CTL Director of Research Matthias Winkenbach uses AI to make vehicle routing more efficient and adaptable for unexpected events.
"Machine learning can be very interesting for this because nowadays most of the drivers have smartphones or GPS trackers, so there is a ton of information as to how long it takes to deliver a package. You can now, at scale, in a somewhat automated way, extract that information and calibrate every single stop to be modeled in a realistic way."
Cambridge, MA – The AWESOME award represents a significant commitment by the MIT Supply Chain Management Master’s Program, the MIT Center for Transportation & Logistics, and AWESOME (Achieving Women’s Excellence in Supply Chain Operations, Management, and Education) to encourage women to prepare for and perform successfully in supply chain leadership roles. This fellowship is awarded to two women each year: one from the residential cohort and one from the blended.
The MIT Center for Transportation & Logistics (CTL) is pleased to announce the recipients of the UPS Fellowship for the 2024–25 academic year. Made possible by a grant from the UPS Foundation, the UPS Fellowship continues its mission to champion outstanding students with financial support of two exceptional students, one incoming MIT Master’s student and one MIT PhD student pursuing scholarship relating to logistics, freight transportation, supply chain management, or a related topic.
In a discussion with NBC Boston, CTL Director Yossi Sheffi explains the relationship with CTL and FEMA on humanitarian supply chain issues.
"It is usually invoked during hurricanes, and other natural disasters, but it has just been invoked, they asked us to go and collect data and give them an estimate of the logistics impact," said MIT professor Yossi Sheffi. "It is a major problem for the region, it's an economic problem."
MIT SCM Master's Candidates Andres Ayala and Ria Verma, along with their advisors Dr. Elenna Dugundji and Dr. Thomas Koch, are designing a chatbot that can aide procurement professionals' negotiations.
Devadrita Nair and Maria Jesus Saenz of the MIT Digital Supply Chain Transformation Lab recently published an aritcle in MIT Sloan Management Review. Here's a brief excerpt:
Bryan Reimer, Research Scientist at the MIT Center for Transportation & Logistics’s (MIT CTL) AgeLab, has been appointed by the US Department of Transportation (DOT) to the Transforming Transportation Advisory Committee (TTAC). The committee advises the DOT and the Secretary of Transportation about plans and approaches for transportation innovation.
LIFT Lab Director Josué C. Velázquez Martínez wrote in the latest Innovation Strategies column in Supply Chain Management Review. Here's a brief excerpt:
MIT AgeLab founder Joseph Coughlin discusses the importance of planning how to spend your retirement years, as it is as important as planning to save for your retirement.
“Over the past century, we’ve created the greatest gift in humanity – 30 extra years of life – and we don’t know what we’re going to do with it.”
FreightWaves on Tuesday interviewed Angela Acocella, postdoctoral researcher at Tilburg University and researcher with the MIT Center of Transportation and Logistics looking at the impact of ghost lanes on shipper and carrier networks.
Micro-retailers are vitally important to the economies of developing countries and to consumer packaged goods companies but their full potential is not being realized. The adoption of digital technologies could help change that. But for that to happen, obstacles must be overcome. This October 3, 2023, article by Josué C. Velázquez Martínez (MIT CTL Research Scientist and Director of the MIT Sustainable Supply Chain Lab and MIT Low Income Firms Transformation (LIFT) Lab) and Ken Cottrill (CTL Editorial Director), suggests three strategies can address them.