This study investigates the United States full truckload procurement process and persistent issue of budget overruns faced by shippers during their budgeting. Despite planning through Requests for Proposals (RFPs) that forecast shipping volumes and secure contractual rates with carriers, shippers regularly confront unplanned expenses surpassing their budgets. The key problems...
The detrimental effects of global warming are increasingly evident, necessitating urgent action to reduce Greenhouse Gas emissions. This alarming situation has called for the collective contributions of all actors, i.e. nations, firms, and individuals, to limit the annual warming to below 2 degrees Celsius. Our sponsor company, with a global...
Recent global events, particularly the COVID-19 outbreak, highlighted vulnerabilities in supply chains and the need for resilience in maintaining essential services, emphasizing the requirement for a robust Business Continuity Management (BCM) Plan. The sponsor (A leading pharmaceutical company with a global presence) currently has a revenue-first approach to risk management...
The detrimental effects of global warming are increasingly evident, necessitating urgent action to reduce Greenhouse Gas emissions. This alarming situation has called for the collective contributions of all actors, i.e. nations, firms, and individuals, to limit the annual warming to below 2 degrees Celsius. Our sponsor company, with a global...
The water bottling company, an important player in the beverage industry, places significant emphasis on quantifying its supply chain responsiveness to meet dynamic market demands. This abstract dives into the various metrics employed by this company to enhance its supply chain responsiveness. By analyzing key performance indicators such as lead...
This project introduces a refined approach to cost allocation developed for our sponsor company, a manufacturer and commercializer of chemical solutions for the construction industry. Faced with the complexities of serving thousands of clients across North America, the company seeks to improve its volume-based allocation method to accurately identify profitable...
Food imports from Latin America via ocean transport are important for the U.S. food supply and economic growth. The resilience of the U.S. port network is fundamental in maintaining this supply. A disruption in one or more ports could compromise the network’s capacity to keep a smooth flow of perishable...
This project aims to assist a logistics-focused real estate investment company in proactively identifying underserved markets in the U.S. transportation sector. Utilizing a mix of data from public and private sources and machine learning methods, the goal is to develop a quantitative methodology that highlights potential market investment opportunities for...
The recent escalation in the VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) world is adding unprecedented levels of complexity to businesses. Philip Morris International is no exception. Factors such as geopolitical conflicts, raw material shortages, rising inflation, and changes in country legislation are exerting pressure on PMI's supply chain. This pressure...
The freight brokerage industry is at a pivotal juncture, with digital platforms reshaping market dynamics and carrier preferences. This capstone project, undertaken in partnership with Nolan Transportation Group (NTG), employs a predictive machine learning model to decode and understand these evolving preferences. The study leverages a dataset comprising nearly 2...
In this capstone project, the complex relationship between Dell Technologies and its suppliers is examined, with a focus on how the suppliers’ supply chain impacts Dell's greenhouse gas (GHG) emissions. Facing the challenges of climate change, Dell is committed to achieving net-zero GHG emissions by 2050, with a significant focus...
Our capstone project focuses on forecasting sales of the sponsor company's Heat-not-Burn (HNB) products. We estimate future sales of consumables and kits in Italy by looking at monthly data between 2015 and 2023. Sales of the products have a solid positive trend, and regardless of any other parameter, we observe...
A leading medical device company has experienced a consistent decline in profit margins across its product categories. Factors such as high inventory costs, complex Supply Chain operations, and challenges in managing a highly complex product portfolio have contributed to the erosion of gross profit. This study aims to uncover and...
Cell and Gene Therapy (CGT) treatment require significant upfront R&D investments coupled with lower patient demand volumes compared to traditional blockbuster drugs while not benefiting from the economies of scale principles for cost reduction. Therefore, ensuring the economic viability of a CGT treatment is one of the most pivotal considerations...
To enhance understanding of congestion points at ports and provide visibility into the incoming goods flow into the USA, this study focuses on maritime ports, using the Port of Boston and New York/New Jersey as case studies. Based on the Automatic Information System (AIS) data, we aim to develop predictive...
The logistics supporting life-saving Cell & Gene Therapy treatments, such as autologous CAR-T, face significant challenges due to strict constraints like time sensitivity, temperature control, and regulatory compliance. These constraints make the supply chain vulnerable to disruptions that could result in the loss or damage of these delicate, high-value therapies...
This project presents an innovative approach to estimating On-Shelf Availability (OSA) within nanostores, key components of retail channels in emerging markets like India. Utilizing sales data and field study findings in Mumbai, we developed and validated two distinct models: a probabilistic model and a Machine Learning model. The probabilistic model...
In today’s competitive business environment, companies are increasingly seeking ways to optimize their supply chain networks to reduce costs, improve responsiveness, and enhance sustainability. This capstone project explores the potential of co-location strategies, specifically the Supplier Park Model, in addressing supply chain inefficiencies for ABC Corporation, a leading food and...
This capstone project streamlines the demand forecasting process for drilling bits in the oil and gas industry, crucial for optimizing supply chains and ensuring equipment availability. Focusing on a leading service provider, the study utilized causal and time-series modeling to predict bit runs and revenue for the next 4–6 quarters...
Consumers frequently reach behind supermarket shelves to find products with the latest expiration dates. This instinctive behavior highlights a universal desire for fresh produce. Therefore, our capstone sponsor is eager to consistently deliver fresh produce to maximize customer satisfaction. One innovative approach to increasing freshness is to minimize the duration...
Access to cancer medicines remains a significant challenge in many Low- and Middle-Income Countries (LMICs), limiting patients' ability to receive timely and affordable treatment. This study aims to analyze the impact of the pharmaceutical downstream supply chain on patient access to oncology medicines in LMICs. Utilizing a system dynamics approach...
As the field of artificial intelligence (AI) advances rapidly, its application within the supply chain arena has seen a significant surge. This capstone project focuses on Artificial Intelligence/Machine Learning (AI/ML) predictive algorithms applied in demand forecasting, a pivotal process for managerial decisions such as inventory control and production planning. The...
Food insecurity is a major issue for many Americans. Food banks and food pantries strive to provide enough food to satisfy the needs of people suffering from food insecurity. These organizations are also trying to distribute healthy food, not just meeting the caloric intake necessary to sustain the community. The...
In response to global climate warming, corporations have solidified their sustainability commitments and intensified their efforts to reduce greenhouse gas (GHG) emissions. In partnership with a global CPG company, this work focuses on the feasibility of engaging wholesalers in the distribution network as third-party logistics providers (3PLs) to reduce emissions...
This paper explores the integration of generative artificial intelligence (AI) technology into the procurement operations of a global healthcare company. Driven by a large procurement spend of $35BN with diverse sourcing information and massive amounts of data, the research aims to help our sponsor company develop a real-world proof-of-concept of...
