Archived SCM News
Some 130 masters’ students from more than 25 countries gathered at MIT on Jan. 21 to present 80 research projects displayed on electronic posters.
Research Expo 2015 not only presented research in supply-chain management from around the globe — the projects were sponsored by companies and more 250 executives viewed the posters — it was also the culmination of a month-long series of events and networking opportunities.
A crowdsourced digital bazaar will directly bridge the gap between local craftsmen and global consumers.
Although tourism accounts for the second-largest industry within Morocco’s economy, many Moroccan craftsmen who depend on tourism to earn their living still face significant economic hardship, as a growing percentage of international retail transactions are being conducted online.
As always, the January member meeting of ISM-Greater Boston brought together the values the 110-year-old supply management group holds dear: education and networking. Yet the event was different from all others the group holds. This time, ISM-GB learned from and mingled with students in the MIT Global Supply Chain and Logistics Excellence (SCALE) Network. ISM-GB is a local affiliate of the Institute for Supply Management (ISM).
By Greg Israel and Hala Jalwan, MIT SCM Class of 2014
The process for creating product sales samples can be something of an afterthought in the consumer packaged goods (CPG) industry. Yet improving this specialized supply chain can streamline new product introductions; a significant competitive advantage given the sheer number of product launches in the industry.
By Ranjana Mary Ninan and Christopher Sean Wang, MIT SCM Class of 2014
There is no better way to show the impact of major disruptions on supply chains than to convey the level of risk involved through a clear, impactful, visual device.
This is what MIT CTL researchers have done. They collaborated with two service providers, Sourcemap and AIR Worldwide, to develop an interactive mapping tool that evaluates operational risk, and flags the relative importance of key suppliers and manufacturers to the integrity of a supply chain.
By Hang Shi and Daniele Primavera, MIT SCM Class of 2014
Each point of sale (POS) in a retail supply chain generates a goldmine of demand data. The data can be used to drive upstream decisions, but the amount of time, effort, and cross-team collaboration needed often frustrates such applications.
The MIT CTL researchers developed models to show how a leading CPG manufacturer can use large volumes of POS data to improve supply chain performance.
By Hiral Nisar and Joshua Rosenzweig, MIT SCM Class of 2014
In the freight transportation industry, economies of scale can be achieved by aggregating similar loads in geographic areas that are in close proximity to each other. However, since companies don’t know future demand, it can be difficult to gauge whether or not loads should be accepted, particularly where unfamiliar geographies are involved.
By Brad Gilligan and Huiping Jin, MIT SCM Class of 2014
Products received from suppliers are not always available exactly when retail channels need them. Items that arrive way too early clog up warehouse space while latecomers often incur expediting costs and lost sales. By tailoring transportation methods and distribution center processes to match the delivery speed required of each product, companies can reduce the cost of transportation, prevent excess inventory, and eliminate lost sales.
Markea Dickinson, a graduating senior in the Penn State Smeal College of Business Supply Chain Management major, has earned a Supply Chain Excellence Award from the Massachusetts Institute of Technology (MIT).
Leah Davis and Jesse Swank, also Supply Chain seniors, earned honorable mention awards.