The importance of data-driven planning and decision-making is increasingly recognized as a key lever for improving outcomes for both businesses and the planet. At the same time, businesses today face supply chain challenges of growing number and complexity.
In order to prepare current and future supply chain and business leaders to tackle those challenges, the MIT Global SCALE Network and the MIT Center for Transportation and Logistics (CTL) hosted their annual Supply Chain Challenge in the first few weeks of 2023. The challenge is a three-week competition, which presents learners with real company data and an underlying supply chain problem for participants to solve.
The MIT Global SCALE Network is a global alliance of leading research and education centers dedicated to supply chain and logistics excellence through innovation. One hundred forty students from the SCALE Centers in Spain, Luxembourg, Malaysia, China, and more convened in Cambridge to network and learn from supply chain experts and participate in the Supply Chain Challenge.
Six company partners, including o9 Solutions, supported the competition by providing real company data sets containing a supply chain problem that needed to be resolved. o9 Solutions provided access to our Market Intelligence knowledge offering comprising data feeds curated for relevance to supply chain planning. By working collaboratively on real supply chain challenges, each team could develop and showcase superior analytical skills and mastery of analytical tools (Python, Optimization, PowerBI, etc.) by solving real-world problems. A dedicated MIT postdoctoral researcher mentored each team.
A jury of renowned business and supply chain leaders and researchers evaluated the teams’ solutions and presentations. Seven teams out of the 28 were selected to present during the final. The solutions presented were assessed for supply chain innovation, applicability, and business acumen.
o9 Solutions is pleased to have supported the competition by providing the awards fund for the 15 students in the winning teams! The first prize was awarded to the team of Julia Fernandez del Valle, Gianmarco Merino, Gustavo Rodrigues, Yumna Tajwar, and Khaled Eid!
Vikram Murthi, VP of Industry Strategy at o9, Valentina Anzola, MIT alumna and Sustainable Solutions Lead at o9, and Lauren Clover, North America Recruitment Lead, attended the outstanding presentations. Vikram Murthi handed the awards to the winning teams on behalf of o9.
Congratulations to everyone who participated in and supported the annual MIT SCALE Network Supply Chain Challenge, and special thanks to the MIT Global SCALE Network and the MIT Center for Transportation and Logistics (CTL) for organizing the event and hosting us!
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About the author
o9 SolutionsThe Digital Brain Platform
o9 Solutions is a leading AI-powered platform for integrated business planning and decision-making for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9’s AI-powered digital solutions. o9 brings together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery—into one platform.