Maersk to work with MIT on warehousing and distribution

Maersk to work with MIT on warehousing and distribution
Narin Phol (left), regional managing director, Maersk North America and Prof Yossi Sheffi, director of MIT CTL

Maersk North America’s warehousing and distribution (WnD) business has signed an agreement with the Massachusetts Institute of Technology’s Center for Transportation & Logistics (MIT CTL) to accelerate the company’s supply chain solutions and expand its capabilities through research across North America.

Senior researchers from MIT CTL will team up with Performance Team – A Maersk Company’s leadership teams to co-create solutions through design thinking, industry expertise, machine learning, AI, predictive analytics, new algorithms, and computational prototypes, amongst other activities.

It is hoped that the deeper integration will improve flexibility and customer-centricity to ultimately deliver value to customers.

Gabriel Alizieri, executive vice president of Performance Team, said: “We will integrate internal and external factors, assessment of industry architecture, and the continued assimilation of knowledge by way of balancing exploration and utilization of our organizational capabilities.”

Professor Yossi Sheffi, director of MIT CTL, stated: “As supply chains become more complex and are impacted by emerging risks, the need for complex, system-view approaches increases.

“Our work together with industry is a vital input to maintaining actionable applied research and cutting-edge education offerings at the centre.”

MIT CTL will designate senior research teams at doctoral and post-doctoral levels to review supply chain challenges and new and existing technologies.

They will apply machine learning, AI, predictive analytics, new algorithms and computational prototypes amongst other activities to some of the challenges being faced by supply chain practitioners globally.

Erez Agmoni, senior vice president of innovation and strategic growth of performance team, added: “Warehousing and distribution operations represent one of the largest opportunities to optimise supply chains and create the environment to provide innovative business solutions, using the power of analytics, technology, digitisation, and design thinking.

“Through this increased new level of collaboration and research with MIT CTL, we will continue to create value with our customers and advance our integrator strategy.”

Currently, Performance Team operates 48 warehouse and distribution centre locations in North America which is complemented by Maersk’s recent e-commerce logistics acquisition of Visible Supply Chain’s nine e-fulfillment centers in the US.

The company is looking to invite more data scientists, software engineers, digital experts, start-up companies and customers to work towards simplifying customers’ container logistics and transform the supply chain industry.