Maersk announces landmark agreement with MIT Center for Transportation & Logistics
Relationship ushers in new era of engineering innovation for supply chains.
Florham Park, New Jersey and Cambridge, Massachusetts – Maersk North America’s warehousing and distribution (WnD) business, called Performance Team – A Maersk Company has signed an agreement with the MassachusettsInstitute of Technology’s Center for Transportation & Logistics (MIT CTL) to accelerate the company’s innovative supply chain solutions and further expand its capabilities through cutting edge research across North America.
Integrating logistics services and simplifying supply chain operations at a global scale requires customer-centric, end-to-end solutions. The collaboration with MIT CTL plays a significant role and complements our ongoing strategic capability development and innovation strategy formulation. 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.
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 center.
MIT CTL will designate senior research teams to review supply chain challenges and new and existing technologies. The MIT CTL personnel assigned will be at Doctoral and Post- Doctoral levels who 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.
We provide integrated solutions to customers who operate some of the most sophisticated supply chains in the world, Warehousing and distribution operations represent one of the largest opportunities to optimize supply chains and create the environment to provide innovative business solutions, using the power of analytics, technology, digitization, 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.
Equally important, Maersk is committed to a global strategic effort to invite more data scientists, software engineers, digital experts, start-up companies and customers to participate in the company’s journey to simplify customers’ container logistics and transform the supply chain industry. Global merchandise trade approaches USD 20 trillion annually and influences the lives of everyone on the planet.
Performance Team – A Maersk Company operates 48 warehouse and distribution center locations in North America which is complemented by Maersk’s recent e-commerce logistics acquisition of Visible Supply Chain – A Maersk Company’s nine e-fulfillment centers in the U.S.
The MIT Center for Transportation & Logistics (MIT CTL) has been a world leader in supply chain management education and research for nearly 50 years. MIT CTL has made significant contributions to the field of supply chain and logistics management and has helped numerous companies gain competitive advantage from its cutting-edge research.
Maersk is a global integrator of supply chains, employing an assets-based approach that enables better operational control, accountability and speed of execution. The company deploys the world’s largest fleet of container vessels (700), operates 75 strategicallylocated container terminals, 57 North American fulfillment and transload centers and a fleet of 250 trucks in the U.S. Maersk is also a founding member of the TradeLens digitization platform for global supply chains.
About A.P. Moller - Maersk
A.P. Moller - Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs 80,000 people.
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