This website does not support Internet Explorer. Please, switch to Edge, Chrome, or Firefox browser to view this page.

Learn about IE support
Trending

o9 Solutions and Client Kraft Heinz Supporting the MIT CTL SC2 Challenge

Men working on coputers in the conference room (1)
Published: February 10, 2022Reading time: 2 min
o9 Solutions The Digital Brain Platform
o9 SolutionsThe Digital Brain Platform
Published: February 10, 2022

Global supply chains have gained more prominence than ever before. Supply chain challenges are increasing daily and so is the demand for equipping the next generation of supply chain leaders with industry knowledge.

From January 10-27, 2022, the MIT Center for Transportation and Logistics (CTL) hosted its annual Supply Chain Challenge. This is a two-week competition, based upon a real-world supply chain challenge for participants from their global Supply Chain and Logistics Excellence (SCALE) Network. The MIT CTL and its global SCALE Network are committed to advancing supply chain expertise and innovation around the globe.

This year, 225 students from the SCALE Centers in Spain, Malaysia, Latin America, Luxembourg, China, and other parts of the world convened in Cambridge to network with and learn from experts in the supply chain. The students had to solve data-centric supply chain challenges submitted by partner companies, one of whom was o9 client Kraft Heinz.
Working collaboratively on these challenges allowed each team the opportunity to showcase their analytical skills and mastery of analytical tools (Python, Optimization, PowerBI, etc.) by solving real-world problems. A group of MIT postdoctoral researchers provided great advice and support to the teams. Representatives from sponsoring companies also engaged with and supported the students throughout the challenge.

Corporate sponsors evaluated each team’s recommendations and determined their top team assigned to their challenge. Seven teams competed in the final event where judges drawn from CSCMP and MIT selected the top three teams overall during the award ceremony on January 27th. Teams were evaluated based on the following criteria: supply chain innovation, applicability, and business acumen.
The first prize was awarded to Nina Anttila, Rachael Clark, Nicholas Winters, Kubra Bayik, Meiling Chen from team StockX, an online clothing resale marketplace! Congratulations on this great achievement. 2nd Prize went to team ARS T&TT and 3rd Prize to team FoodChain.

Fred Baumann, VP Industry Solutions at o9, attended the outstanding presentations and had the chance to award the first three teams.

Congratulations to all winning teams and we wish them all the best for their future endeavors in the field of supply chain management.

About the author

o9 Solutions The Digital Brain Platform

o9 Solutions

The Digital Brain Platform

o9 offers a leading AI-powered Planning, Analytics & Data platform called the Digital Brain that helps companies across industry verticals transform traditionally slow and siloed planning into smart, integrated and intelligent planning and decision making across the core supply chain, commercial and P&L functions. With o9’s Digital Brain platform, companies are able to achieve game-changing improvements in quality of data, ability to detect demand and supply risks and opportunities earlier, forecast demand more accurately, evaluate what-if scenarios in real time, match demand and supply intelligently and drive alignment and collaboration across customers, internal stakeholders and suppliers around the integrated supply chain and commercial plans and decisions. Supported by a global ecosystem of partners, o9’s innovative delivery methodology helps companies achieve quick impact in customer service, inventory levels, resource utilization, as well as ESG and financial KPIs—while enabling a long-term, sustainable transformation of their end-to-end planning and decision-making capabilities.

Resources

View our related articles, white papers & use cases

article5 min

Merchandise Financial Planning, a Retail Best Practice

by o9 Solutions
Mfp header
article2 min

o9 In Bloomberg: Companies Are Still Investing In Supply Chain Tech Despite Economic Conditions

by o9 Solutions
O9 in bloomberg
article6 min

Moving the metals supply chain forward

by Guillaume Bothier
article8 min

A reflection on supply chain digitization trends in the metal industry

by Guillaume Bothier
Adobestock 517825701
article7 min

Demand Planning maturity levels and how to improve them

by o9 Solutions
Planning maturity
article3 min

o9 Solutions Supports the MIT Global SCALE Network Supply Chain Challenge and Awards Winners for Second Consecutive Year

by o9 Solutions
Mit audience
© – o9 Solutions, Inc.
Privacy policy
Cookie Policy
Privacy policy