The MIT Center for Transportation & Logistics is pleased to announce that two students have been awarded the UPS Fellowship for the 2022–23 academic year.
David Correll and Ken Cottrill discuss the potential impact on the supply chain sustainability space by "just transition", a principle that would attempt to balance a successful economy and cleaner environment. Is just transition another short-lived buzzword - like "net zero" - that will have minimal impact on supply chain operations, or is it something more substantial?
AgeLab Director Joseph F. Coughlin writes in Forbes:
In an interview with USA Today, CTL Director Yossi Sheffi explains that, while supply chain bottlenecks are responsible for the current disruptions in deliveries to shoppers, "the main culprit is [increasing consumer] demand." He points to the timing of these bottlenecks emerging: in 2021, a full year after the onset of the pandemic.
CTL Director Yossi Sheffi was quoted in a recent SupplyChainBrain article about the Biden administration's Freight Logistics Optimization Works (FLOW) initiative, which has prioritized inviting companies like retailers and shippers, leaving out logistics tech.
CAMBRIDGE, Mass., February 23, 2022 – The MIT Center for Transportation & Logistics (MIT CTL) in collaboration with global logistics company C.H. Robinson has created a custom, advanced certificate program in supply chain management for the company’s employees.
In an interview with Quartz, executive director of MIT’s master’s program in supply chain management Maria Jesus Saénz discussed the increase in supply chain professionals recruited directly from the program.
MIT CTL Director Yossi Sheffi was recently interviewed by The American Prospect about the future of just-in-time inventories, which have been called into question amid pandemic disruptions.
Just-in-time is not going to go away anytime soon, or maybe ever, because it’s just too good. […] I’m not saying get out of China or Southeast Asia. But think about distributing your purchasing power.
Supply Chain Brain recently called out the State of Supply Chain Sustainability 2021 in reference leveraging sustainability as a way to build stronger and more cost-efficient supply chains to maintain competitive advantage.
In an article for Abu Dhabi-based The National, Yossi Sheffi writes that while the global supply shortage of microchips may recover, the markets might not return to normal—and they may have actually helped seed another crisis in the form of a global economic recession.
Graduate supply chain management students from the MIT Global Supply Chain and Logistics Excellence (SCALE) Network put their heads together last month to find solutions to real-world supply chain problems in the second annual MIT Supply Chain Challenge.
The 2022 SCALE Connect conference ended in a whirlwind of group project presentations and awards ceremonies. One of the team-based challenges of the conference is the annual entrepreneurial challenge competition: a product development and pitch challenge sponsored by the ASCM Massachusetts Minuteman chapter, in the style of the hit TV show "Shark Tank". Randomly assigned student teams propose and pitch solutions to problems on the UN Global Issues List.
In The Wall Street Journal, CTL Director Yossi Sheffi writes that pandemic-induced shortages aren't a reason to dismiss the importance of just-in-time practices, as they help to reinforce resilience by strengthening the relationship along the supply chain between companies, their suppliers, and customers:
NBC10 Boston spoke with CTL Director Yossi Sheffi for a January 26 piece about recent pet food shortages. Pet adoptions increased during the pandemic, leading to higher demand for pet food and supplies at a time of ongoing supply chain disruptions and raw material shortages.
"Demand for goods started going through the roof," Sheffi said. "When this issue starts, people start hoarding, people start buying everything in sight just to make sure they are not going to run short, and this, of course, exacerbates the situation."
El nuevo libro de Sheffi del MIT relata la épica misión llevada a cabo para entregar vacunas contra el COVID-19
In an article for MIT Sloan Management Review, CTL Director Yossi Sheffi writes that rising inflation and global supply chain problems raise concerns that a recession is looming.
CTL Executive Director Chris Caplice was recently interviewed by the Wall Street Journal on current freight trends. Last month, the average contract rate for freight hit a record $2.51 per mile. Such tight trucking capacity is prompting companies to continue their current contracts with carriers to avoid competition on the open market bidding for new transportation.
“If you go out to bid, you can expect your rates will be 10% to 15% higher, on average,” he said.
MIT FreightLab Co-Director David Correll was interviewed by Scripps Media about the Biden administration's action plan on trucking, which was released Thursday. The plan, he says, is a step in the right direction and the sign of a potential shift—that drivers' time is being valued more highly and more fairly.
Watch the full interview here:
Today, the Biden administration released details on its Trucking Action Plan to Strengthen America's Trucking Workforce.
SCM Instructor Toby Gooley, Contributing Editor at CSCMP's Supply Chain Quarterly magazine writes that low inventory and shipping backlogs have caused many U.S. importers to shift from ocean to air transport.
“Normally, that would be an effective, if expensive, strategy, but as the Covid-19 pandemic grinds on, it has exacerbated some of the very problems shippers were trying to avoid: capacity constraints, congestion, and delayed deliveries.”
CSCMP's Supply Chain Quarterly features Dr. Eva Ponce's research on omnichannel fulfillment and how it is changing during the COVID-19 pandemic.
"To address omnichannel distribution challenges, retailers are concentrating on upgrading and, in some cases, completely redesigning their networks to integrate the online and offline channels and be able to compete in today's cutthroat retail environment. As part of the process, many must weight the tradeoffs between distance, cost, and fulfillment capacity, especially when they need to provide same-day deliveries"
MIT FreightLab Co-Director David Correll was interviewed by Business Insider about the current issues facing America's truck driving shortage.
"I think if consumers really understood what it was like for the truck drivers who deliver all their goods, they might be a little embarrassed or ashamed," Correll told Insider. "There's no way to over-emphasize how difficult their job is, but now that we have this spotlight on the industry, maybe people can try to make it better.
FreightLab Co-Director Gives Expert Testimony on Improving Trucking Capacity at Congressional Hearing
MIT CTL Research Scientist David Correll was recently invited to give expert testimony to the U.S. House Transportation and Infrastructure Committee. He served as a witness at a committee hearing held November 17 to dive into the ongoing supply chain bottlenecks and explore the issue from the perspectives of industry and labor.