The digital transformation of businesses is creating new products, processes, and services. But to provide these new offerings, companies must share information and assets with each other in ways that were previously off-limits. For example, digitized services may require competitors to share physical assets such as warehouse space.
Digital twins (DTs)—living digital replicas of physical entities—are used widely in manufacturing to mimic and improve real-world processes and systems. However, there are far fewer applications of the technology in supply chain management. DTs could deliver similar benefits in supply chains if it were not for certain misconceptions that prevent companies from unlocking the technology’s huge potential.
New Study on Fully Automated, Self-Driving Vehicles in Canada: There’s a Problematic Knowledge Gap about Automated Vehicles
Toronto: 15 June 2022
Dr. Bryan Reimer presented on the potential for advances in artificial general intelligence to produce a new generation of automated vehicles. To begin with, he noted that roadway safety is a global, undertreated public health crisis, with over 1.25 million fatalities worldwide every year. The fully automated vehicle represents a “holy grail” to address these harms. Vehicle automation has been a technological dream for the better part of the last century, and in the last decade, AI has produced new hopes for the potential to create a truly automated car.
A pop-up hearing aid exposition called HearWeAre. A travel agency that matches older and younger travelers for group adventures. An app that guides outgoing hospital patients through every step of the discharge process. These are a few of the projects presented by students on the final day in the MIT Department of Urban Studies and Planning (DUSP)’s class Global Aging and the Built Environment.
A Retirement Safe From Climate Change? Ask the Tough Questions About Real Estate and Property Insurance
MIT AgeLab Director Joe Coughlin was quoted by MarketWatch in an article about the impact that climate change will have on Baby Boomers’ and Gen X’s retirement plans. While American retirees can still have an enjoyable retirement, he says, factors such as extreme weather and higher flood risks could heavily impact quality of life. But he cautions that any message about climate-change preparedness has to make retirees feel empowered, not fearful.
The MIT Climate and Sustainability Consortium (MCSC) has awarded 20 projects a total of $5 million over two years in its first-ever 2022 MCSC Seed Awards program.
In an article for Forbes, MIT AgeLab Director Joseph Coughlin writes that Gen X and Baby Boomer retirement may contribute to a shortage in many different fields, such as nursing and long-term care.
SCM Instructor Toby Gooley, Contributing Editor at DC Velocity, writes that fleet managers may need to reconsider their one-size-fits-all approach to forklift safety training.
CTL Director Yossi Sheffi was quoted by UK-based The Loadstar about companies' apprehension to stay in China, as lockdowns are heavily impacting international supply chains.
CTL Director Yossi Sheffi was recognized by Supply Chain Digital as a top 10 supply chain influencer.
Dr. Sheffi is an expert in systems optimisation, risk analysis, and supply chain management. He also serves as the Director of the Centre for Transportation and Logistics. He is the author of several bestselling books, including The Resilient Enterprise, Urban Transportation Networks, Logistics Clusters, and The Power of Resilience. He has founded or co-founded five successful companies: LogiCorp; PTCG; e-Chemicals; Logistics.com; and Syncra Systems.
MIT AgeLab Director Joe Coughlin joins Walter Isaacson on the Trailblazers podcast, where he discusses retirement, life expectancy, and the societal pressure on the aging population to retire and allow a younger workforce to take their jobs.
MIT Sustainable Supply Chain Lab Director Josué Velázquez Martínez was quoted by Bloomberg about pressures on the International Maritime Organization, a United Nations oversight body, to revisit their regulations on greenhouse gas emission.
In an article for Supply Chain Management Review, Dr. Eva Ponce writes about how omni-channel supply chains can support the development of circular supply chains.
One way is to create reverse flow channels that collect returned product and packaging for recycling and reuse. The retail industry is actively developing these reverse supply chains, but one of the challenges they face is how to measure the impact of reuse strategies on omni-channel operations.
MIT FreightLab Co-Director David Correll was interviewd by UK-based news outlet Supply Management about driver detention, and how supply chain pressures could be eased by allowing drivers to spend more time on the road.
In a presentation at the 2022 MIT Manufacturing Conference, CTL Humanitarian Supply Chain Lab Director Jarrod Goentzel discussed the advantages of flexibility when supply chain disruptions are becoming more common. Establishing a direct relationship with their supplier was an example that allowed hospitals to be better prepared for the beginning of the pandemic
MIT FreightLab Co-Director David Correll was quoted by Capitol Hill news outlet Roll Call about a bipartisan bill just introduced in the House of Representatives that would eliminate truck drivers' exempt status for overtime pay above 40 hours per week.
Washington is recognizing that the American truck driver shortage might have been misdiagnosed.
Research from David Correll, a research scientist at the MIT Center for Transportation and Logistics and co-director at the MIT FreightLab, has been getting some attention in Washington recently.
CTL Executive Director Chris Caplice was interviewed by Logistics Management about different market trends, such as freight recession and the seasonality of increasing fuel prices:
CTL Deputy Director Jim Rice was interviewed by Fox Business in regards to smaller ports becoming viable alternatives to overcrowded docks:
Executive Director of MITx MicroMasters in Supply Chain Management Eva Ponce and Senior Communications Officer Arthur Grau discuss the benefits of cultivating communities in online professional education.
In an interview with NPR's Marketplace, FreightLab director David Correll discussed his research into the efficiencies and bottlenecks involved in trucking. According to his research, truck drivers on average spend only six and a half hours a day actually driving even though they are allowed, by law, up to 11 hours per day.