Transportation costs constitute an important part of total logistics costs and have a dramatic impact on all kinds of decisions across the supply chain. Accurate estimation of transportation costs can help shippers make better decisions when planning transportation budgets and can help carriers estimate future cash flows. This study develops...
A set of contracts guides every movement of cargo from one point to another. In this thesis, we focus on the contract between the charterer and the ship-owner in the liquid bulk ocean-shipping market. The contracting process begins with the two parties finding each other suitable and ends with one...
Over the years, supply chain management has continued to change and evolve to become a major component in competitive strategy to enhance organizational productivity and profitability. While considerable research has been done in formulating accurate and robust demand forecasts, many areas for improvement remain in supply chain planning. In particular...
Container shipping is one of the most important aspects of the global supply chain. Currently, approximately 60% of all seaborne trade is moved through containers. However, despite the growth in trade, there has been little investment in process improvements which has led to the growth of supply chain issues in...
Supply chain and operations executives are increasingly involved in making decisions about the company’s supply chain strategy that have long-term implications. But how do these executives, whose job responsibilities involve mainly short-term decision-making, think about the long-term? Researchers at the MIT Center for Transportation & Logistics (MIT CTL) asked this...
The MIT Center for Transportation & Logistics (MIT CTL) is providing MIT CTL’s ground-breaking MITx MicroMasters Credential in Supply Chain Management courses to employees in GE’s Operations Management Leadership Program. The first course in the five-course, on-line program, CTL.SC0x Supply Chain Analytics, kicked-off with a special session to familiarize learners...
This research analyzed freight performance to determine the groupings of attributes that influence carrier performance. Binary logistic regression and hierarchical clustering were used to identify individual and groupings of freight attributes that impacted performance success in terms of on time delivery, on time pick up, and first tender acceptance rate...
Transportation cost is one of the major costs in supply chain. Companies need to optimize every aspect of the transportation process to reduce the total logistics cost. A key aspect is optimal mode selection to minimize the cost of every lane in a company’s transportation network. The traditional approach is...
In October 2015, MIT launched the MITx MicroMasters credential, which enables online learners to take a semester’s worth of master’s-level courses on the edX platform, then complete a master’s degree in a single full semester on campus. The first MicroMasters in Supply Chain Management (SCM) has seen incredible success. Over...
En Octubre de 2015 el MIT puso en marcha la certificación MITx MicroMasters, que permite a los alumnos online participar en el equivalente a cursos de un semestre de nivel máster en la plataforma edX, y posteriormente completar una titulación de máster en un único y completo semestre en el...
List of presentations cited in, lista de presentaciones citado en Supply Chain Frontiers #62 Back to Supply Chain Frontiers issue #62 | Regresar a Supply Chain Frontiers en Español #62 English______________________________________________________________________________________________________ CTL Chris Caplice "Cannibalizing Ourselves Before Others Eat Us: MOOC’s at MIT CTL,” CSCMP Educators Conference, Orlando, FL, USA...
To be competitive, businesses must make supply network design decisions, but often with only limited information and under uncertain conditions. How can an organization understand trade-offs between supply network decisions, without relying on complex, black-box models that require extensive data collection and hidden assumptions? We apply approximation methods to estimate...
Multi-stop truckload has been gaining importance in recent years as part of a shift away from Less-than-truckload freight. In our research, we sought to understand how the price and carrier behavior vary as the number of stops increases. Rational economic theory says that these shipments will be more expensive, and...
Retailers must coordinate inbound shipments from a large number of vendors. In order to manage capacity, retailers need to have a system to prioritize inbound loads with capacitated carriers. This practice creates a constraint when the number of loads exceeds the capacity of committed carriers due to seasonality and consumer...
Product tanker shipping companies in the spot market face severe volatility in demand and in price. We explore shipping companies' two problems: evaluating supply and demand of the market and assigning cargoes in order to maximize profitability. By approximating the market as a queueing system, we obtain utilization ratios, which...
The second of five online courses, CTL.SC2x (Supply Chain Design), in MIT CTL’s supply chain MOOC (Massive Open Online Course), opened for enrollment on May 18, 2016. “SC2x explores how you set up and design the entire supply chain system,” says Chris Caplice, Executive Director of the MIT Center for...
El pasado 18 de mayo de 2016 se abrió el plazo de matriculación del segundo de los cinco cursos a través de Internet: CTL.SC2x (Diseño de la cadena de suministro), del programa de cursos online abiertos a todo el público del MIT, también conocidos como MOOC (por sus siglas en...
Supply Chain Frontiers issue #60. Lea todos artículos en este asunto Presentaciones CTL del MIT Chris Caplice “Advances in Education,” Congreso Crossroads 2016, Cambridge, MA, Estados Unidos, 23 de marzo. Yossi Sheffi “The Power of Resilience,” Congreso Resilinc, San José, CA, Estados Unidos, 24 de febrero. “The State of Supply...
Supply Chain Frontiers issue #60 MIT CTL Chris Caplice “Advances in Education,” Crossroads 2016 conference, Cambridge, MA, US, March 23. Yossi Sheffi “The Power of Resilience,” Resilinc conference, San Jose, CA, US, Feb 24. “The State of Supply Chain Management,” Latin American SC Directors conference, Cambridge, MA, US, March 21...
Supply Chain Frontiers issue n.º 58. Lea todos artículos en este asunto. Cuando un cambio de estrategia no va acompañado de una nueva forma de diseñar las cadenas de suministro, el resultado puede ser más costes y menos eficacia. Este ha sido el caso del sector minorista, puesto que algunas...
Supply Chain Frontiers issue #58 MISI David Gligor “To Be or Not To Be (Loyal): is There a Recipe for Customer Loyalty in the B to B Context?” Journal of Business Research, 2015. With co-authors C. Autry and I. Russo. Shardul Phadnis “Effect of Scenario Planning on Field Experts’ Judgment...
Supply Chain Frontiers issue #58 When a change in strategy is not accompanied by a change in the way supporting chains are designed, the result can be more cost and less efficiency. This has happened in the retail sector, where some companies are shifting towards small format stores but are...
Promotions involve a complicated interplay of factors and are a result of a synchronized sequence of activities between manufacturers and retailers. The outcome of promotions pivot on several elements beyond the control of any one party in the supply chain. ‘How’ a promotion performed has a more straight forward answer...
Retailers are exploring more efficient ways to deliver to small format stores that demand frequent and small volume deliveries from Distribution Centers. The need to deliver products at different temperatures, viz. Ambient, Refrigerated and Frozen, reduces volumes that need to be delivered for each product category. One way to make...
This thesis focuses on the study of the carrier-shipper relationships in the US trucking market. It uses data provided by a leading third party logistics (3PL) company to explore and determine whether a relationship exists between the prices charged by the carriers and the performance that they provide to the...
