Transportation is the second biggest global emitter of greenhouse gases (GHG), yet the logistics sector is often left out of the climate conversation. The 23rd Conference of Parties (COP23), a major annual forum for climate policy dialogue, recently moved transportation into the spotlight, paving the way for more proactive emissions reductions measures.
Millions of small, family-operated retailers known as nanostores are the main source of consumer packaged goods (CPG) for many consumers in Africa, Asia and Latin America. These mom-and-pop outlets have thrived by offering affordability as well as the right mix of items and convenience, and by gaining the trust of their customers. At the same time, however, the retail model they have created is far from efficient.
Can nanostores survive in the face of competition from large, more efficient retail chains?
Aging Americans are worth $8 trillion in economic activity but some companies are finding it a challenge to tap into the growing market. Author of "The Longevity Economy," Joseph Coughlin, joined CBSN to discuss how this growing demographic is influencing the American economy.
Technological innovation is advancing at a frantic pace, and it seems that every day we are reminded of the ever-widening gap between the technical skills that industry desperately needs, and the skills that current and prospective employees possess. MIT and other STEM universities are committed to giving students these tools
But there is another skills gap that receives less attention and which I believe is critically important, especially for students of engineering and science – the “soft” skills deficit.
Traditional “brick and mortar” retailers are disappearing in record numbers and many are close to drawing their last commercial breath.
The demise of well-known brands may be regrettable to some – but it’s not the end of the world.
While this period of disruption is traumatic for many people, it’s important to keep in mind that there is plenty of good news too. The structural changes that are redefining retailing as we know it also are creating new opportunities for entrepreneurs and job seekers.
Over the past two decades, the MIT AgeLab’s Dr. Joseph F. Coughlin has been busting myths about aging with groundbreaking, multidisciplinary research. In his new book, The Longevity Economy: Inside the World’s Fastest-Growing, Most Misunderstood Market, he presents a new portrait of the upcoming cohort of older adults: a vast, diverse group of consumers representing every possible level of health and wealth.
Professor Sheffi's fifth book, Balancing Green: When to Embrace Sustainability in a Business (and When Not To), published by MIT Press will be available both in stores and in electronic format in mid-February of 2018. Pre-orders are available online from Amazon, Barnes & Noble, as well as book stores everywhere.
On Wednesday, they met each other face to face for the first time. On Thursday, they took first place in a worldwide global supply chain simulation and competition called The Fresh Connection (TFC).
Stakeholders throughout the transportation industry face fundamental disruptions as vehicle ownership yields to as-needed mobility.
Mobility has been the lifeblood of modern civilization. Throughout the 20th century, autos and the auto industry propelled human development, bringing unrivaled utility and flexibility to the way people move. The automobile forever altered urban and suburban landscapes, and the auto industry emerged as one of the largest sectors of the world economy.
Devastating hurricanes such as Katrina, Sandy and now Harvey and Irma are forces of nature that can’t be stopped by us mere mortals. But we can at least stop intensifying their impact through a lack of foresight.
MicroMasters in SCM team scores top ten in Global Supply Chain Simulation. The selected team traveling to Portugal to compete in the Global Final on 28 September. Four MITx MicroMasters in Supply Chain Management Learners who have never met in person but only online, will compete in the Global Professional Final of The Fresh Connection supply chain simulation on September 28, 2017, in Lisbon, Portugal.
On September 1st of every year, the city of Boston abruptly transforms. Seemingly every apartment lease in the entire city ends on August 31st, leading to an enormous shuffle of moving vans, of furniture being hauled through doorways and onto street corners. The summer heat finally abates, bringing on hoodie weather, and it seems that just about everywhere you look, there are college logos on the breasts of young, excitable, first year college students, the faces of back-to-school season.
Many companies today want to think of themselves as an innovator, but what does innovation look like in the supply chain? We put that question to Jim Rice, deputy director of MIT’s Center for Transportation and Logistics.
NextGen Supply Chain: We’re all familiar with product innovations like the smartphone or electric cars. But what does innovation look like in the supply chain?
Featuring Bryan Reimer, Research Scientist at MIT Center for Transportation & Logistics' AgeLab
Trends in auto safety are moving in the wrong direction. The number of traffic deaths in the United States over the past two years has increased by 14%, according to the National Safety Council, the largest jump in nearly a half century. More than 40,000 people died on our roads last year alone, the most since 2007. And another 4.6 million were seriously injured, a 7% increase from 2015.
In international trade, the practice of dumping – exporting product at a predatory price to capture market share – is usually associated with aggressive countries intent on moving into a national market at any cost.
Are we now seeing a commercial enterprise with country-sized market muscle get into the dumping business?
I’m referring to the on-line behemoth, Amazon.com.
In the politicized trade arena, governments often accuse each other of dumping. Earlier this year the Trump administration took up the antidumping cause against China on behalf of US steelmakers.
There's a significant cost associated with taking the backroom for granted. Taking the time to re-evaluate a variety of relevant factors can help companies operate a more efficient, cost-effective backroom.
Administrators at Massachusetts Institute of Technology say they are “floored” by the quality of students in its half online, half in-person master's degree program. Expansion plans are in the works.
The first of the Massachusetts Institute of Technology’s half online, half in-person master’s degree programs is making a profit and bringing dozens of new degree-seeking students to campus.
The education industry is not known for being on the cutting edge of innovation, but last month a milestone was reached in an innovative online program that opens new avenues to professional education.
Called MITx MicroMasters, the program is part of a broader movement to redefine the way professional education is structured and delivered in response to the changing demand for talent.
The first-ever cohort in MIT’s inaugural online MicroMasters program — consisting of more than 1,100 learners who completed all five of the online courses in supply chain management — has received its final MicroMasters certificates and will be honored at an online ceremony today.
New research focuses on developing systems for automated vehicles to perceive and identify objects in their environment and understand social interactions in traffic.
By Yossi Sheffi, Ph.D.
More and more companies today are finding innovative ways to collaborate with supply chain research centers. When the projects are well planned and supported, the benefits of such partnerships can be substantial. Supply chain professionals often are surprised by how much value they derive, and the students involved enjoy the unique experience of applying their classroom-based knowledge in the real world.
Possibly the most brilliant logistician of the biblical age, Joseph, can teach us a lot about the importance of logistics today.
Joseph’s exceptional forecasting and planning abilities put him on a fast track to promotions. He ascended rapidly from the role of prisoner/superintendent in an Egyptian jail, to Pharaoh’s Chief Logistics Officer with “Prince” in his title. At the peak of his career, the man was second only to Pharaoh.
Let’s recap Joseph’s rise to capture the full significance of his story in the modern day.
The MIT master’s program in supply chain management has been ranked as the world's No. 1 graduate business program in supply chain and logistics by Eduniversal, the Paris-based global rating agency for higher education. This is the second time the MIT master’s program has been ranked No. 1 by Eduniversal.