Items Tagged with 'MIT Center for Transportation & Logistics'

The societal and economic disruptions of the past few years highlighted not only the crucial role of supply chains in the modern global economy, but also the growing role of digital technology, including artificial intelligence (AI) and automation. In this excerpt from The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work, Dr. Yossi Sheffi of the Massachusetts Institute of Technology’s (MIT’s) Center for Transportation & Logistics forecasts the skills the supply chain workforce will need to succeed in a technology-focused future. 

Retailers need to carefully craft an omnichannel strategy that effectively integrates online and offline distribution channels while complementing the company’s overall go-to-market strategy. It also needs to outline how to allocate inventory, where and when to fulfill orders, and how to handle returns.

Speaking at MIT, FedEx founder said he does not see Amazon as a direct competitor.