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Decarbonize freight: Supply chain and transport industry statement
More than 1000 companies have set Science Based Targets (SBT) to reach net zero emissions by 2050. In many sectors, it has become clear that Scope 3 emissions - those from supply chain operations, including the transport of goods – can make up as much as 90% of an organizations carbon footprint. This provides the freight industry a significant demand-driven opportunity to accelerate the sector’s decarbonization efforts. Harnessing multi-stakeholder and multi-modal approaches to leapfrog key barriers (i.e.: scattered demand side commitment; shortage of ZE technologies across entire logistics networks, etc.), to achieve a zero-emission future. Green products and services are often limited to certain corridor pilots and green lanes. As a result, there are fewer options for freight buyers to reduce their transport impact, which limits market confidence in decarbonization and restricts financing for such green transition initiatives. Recognizing this challenge, the Forum Supply Chain & Transport CEO community developed a proposal supporting pooling of green demand to accelerate the net zero transition. Two mutually reinforcing mechanisms are foreseen: 1) support for multi-modal buyer club models, and 2) development of one industry standard for book and claims carbon credit accounting, for all modes of freight transport....
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Undaunted by global pandemic, MIT REAP's strategy to accelerate regional innovation-driven entrepreneurship nimbly adapts and thrives
/PRNewswire/ -- In June 2020, the MIT Regional Entrepreneurship Acceleration Program (MIT REAP) convened its two current cohorts from 13 global regions for its......
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Research Expo a global window on new supply-chain ideas
Research Expo 2015 not only presented research in supply-chain management from around the globe — the projects were sponsored by companies and more 250 executives viewed the posters — it was also the culmination of a month-long series of events and networking opportunities. The research projects were extremely wide-ranging, from research into making supply chains more environmentally sustainable, to projects that aim to improve operational efficiency in areas such as freight transportation, inventory management, demand forecasting, and the logistics of product distribution in megacities. Each research area was chosen by the sponsor company. The students came from the four centers that make up the MIT Global Supply Chain and Logistics Excellence (SCALE) Network. Launched in 2003 by the MIT Center for Transportation and Logistics, the SCALE network now also includes the Zaragoza Logistics Center (ZLC) in Zaragoza, Spain; the Center for Latin American Logistics Innovation (CLI) in Bogota, Colombia; and the Malaysia Institute for Supply Chain Innovation (MISI) in Shah Alam, Malaysia....
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First class excels in “hybrid” master’s program
The first students to graduate from MIT’s cutting-edge “hybrid” master’s program, which combines a year’s worth of online learning through its MicroMasters program with one semester on campus to earn a full MIT master’s degree, have not only met all expectations, they ended up performing as well as and being virtually indistinguishable from traditional students in their overall performance. There was some initial trepidation among the MIT faculty, recalls Yossi Sheffi, the Elisha Gray II Professor of Engineering Systems, director of the MIT Center for Transportation and Logistics, and director of the master’s program in supply chain management. People wondered, “Will they be as good?” as the traditional students, he says. Now that the first blended class has completed the program, “The answer is they are as good and, in many cases, even better!” he says. Sheffi is not at all surprised. This new set of students, who might never have been able to make it to MIT through traditional channels, faced obstacles that typical residential masters students may not. “They have spent about 18 months, usually on nights and weekends, going over tough assignments in MIT-level classes,” Sheffi says. “They have to do it on their own, after work and family obligations, at the end of the day. It shows their commitment, tenacity, and dedication. These are as important, and even more important, than something like intelligence.”...
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