According to Alexis Bateman, research scientist and director of MIT Sustainable Supply Chains at the MIT Center for Transportation and Logistics, there are two elements to supply chain transparency: Visibility: Accurately identifying and collecting data from all links in your supply chain. This graduate course in Green Supply Chain Management focuses on the fundamental strategies, tools and techniques required to analyze and design environmentally sustainable supply chain systems. Source: MIT Sloan Management Review. ALEXIS BATEMAN: Thanks for having me, Ken. In a recent interview with Dr. Alexis Bateman, Research Scientist and Director of MIT Sustainable Supply Chains at the MIT Center for Transportation & Logistics (CTL), she explains, "The reality of supply chain sustainability is to understand that you are quantifying your impact and critically tracking progress over time, leading to a goal . Through a new Sustainable Supply Chain Finance program, platform users can financially incentivize the sustainability of their supply chains. Sam Ransbotham and Shervin Khodabandeh. Far from diverting attention from sustainability goals, the pandemic has accelerated the . January 11, 2022. 2018 What levers in the supply chain can GAP pull in order to reduce the cost of incorporating recycled polyester? Investors and consumers are requiring increasingly robust social and environmental action from organizations. Essentially, limited supply chain visibility means limited supply chain control — often resulting in wasted expense and inefficient, less sustainable supply chains. Currently, the advancement of various food chains has attracted increasing attention, with new governance starting to fill gaps left by conservative regulations and with increasing public concern over . "Respondents who felt that their employers have high commitments also reported that the strongest pressure was from company executives," said . Joann joined the MIT Sloan faculty in 2018, and found herself at home in the Sustainability Initiative. Below is a collection of MIT graduate level sustainability courses that count towards the Sustainability Certificate elective requirements. Farmers get rewarded for implementing sustainable supply chain best practices, and groundbreaking research on the "first mile" of global supply chains. Enterprises would surely divert all their attention to combating the pandemic. of sustainable supply chains globally by interviewing more than 100 supply chain, procurement and sustainability executives from 70 companies. Topics covered include: Closed-loop supply chains, reverse logistics systems, carbon footprinting, life-cycle analysis and supply chain sustainability strategy. Launched in 1973, MIT CTL has changed the way the world works by innovating essential industries and services . AI in the Supply Chain: Cold Chain Technologies' Ranjeet Banerjee. Highlights from the second annual State of Supply Chain Sustainability include: Last year, when the impact of the Covid-19 pandemic was still escalating, we expected the crisis to dampen companies' enthusiasm for investing in supply chain sustainability (SCS). The MIT GeneSys project is led by Josué C. Velázquez Martínez from the MIT Center for Transportation and Logistics. Yet, according to new research from the MIT Center for Transportation and Logistics (CTL), supply chain sustainability (SCS) investments hardly slowed, even as the pandemic raged. The MIT Center for Transportation & Logistics (MIT CTL) is a dynamic solutions-oriented environment where students, faculty, and industry leaders pool their knowledge and experience to advance supply chain education and research. MIT Sustainable Supply Chains brings together researchers from across MIT to advance supply chain sustainability, engaging on educational initiatives, research with industrial partners, and outreach around supply chain sustainability. Professor, Civil and Environmental Engineering, MIT. 5 Strategies for a More Sustainable Supply Chain 1. Five courses and a final comprehensive exam represent the equivalent of one semester of coursework at MIT. The objective is to provide a framework of managerial insights aimed at . Retweet on Twitter MIT Sustainable Supply Chains Retweeted. within the Massachusetts Institute of Technology with almost 50 years of supply chain expertise. A suite of digital solutions has improved profitability for more than 200,000 farmers, encouraged sustainable and ethical production practices, and made cocoa supply chains more traceable and efficient. +1 480-459-3535. When she isn't doing research in the field or at MIT, she's teaching our S-Lab . AI in the Supply Chain: Cold Chain Technologies' Ranjeet Banerjee. Sustainability is impacting the way companies operate in every industry across the globe. Sustainable Finance Week. Sustainable supply chain management. A transportation and logistics company CEO discusses using AI to deliver biologics and vaccines safely and efficiently. The future of sustainable supply chain management. December 23, 2021. Sustainable Supply Chains. Suzanne Greene, Program Manager for MIT Sustainable Supply Chains, said: "Our ultimate goal is transparency of climate impacts across the supply chain. Dive Brief: The push to make supply chains more sustainable came from many stakeholders in 2020, but executives were the most likely to pressure their companies to make commitments, according to the State of the Supply Chain Sustainability 2021 report. Supply chain sustainability is now a business imperative fueled by the demands and requirements of consumers, governments, investors, and third parties. Manish Sharma. The MIT Center for Transportation & Logistics and the Council of Supply Chain Management Professionals (CSCMP) have teamed up to launch the annual State of Sustainable Supply Chains Report that will help companies gain a better understanding of the importance of supply chain sustainability to their enterprises, industries, and the planet. KEN COTTRILL: Alexis, welcome. In practice, creating a transparent supply chain is not simply a matter of determining what information to disclose to consumers; businesses must first gain visibility into their own supply chains. State of Supply Chain Sustainability 2020. Investments in supply chain sustainability have reached a critical point. 2020 Helped Gap understand the benefits, risks, and requirements of supply chain traceablity. die mit einem Multibanken-Ansatz aus Europa heraus . Advanced analytics technology unifies the business across all channels, gaining greater visibility and resulting in more thorough management of . Join Dr. Alexis Bateman, Director of MIT Sustainable Supply Chains Initiative for a live Q&A session following the public release of the first annual 2020 St. "ESG is about building sustainable businesses for the long run with a stakeholder perspective," said Gita Rao, a senior lecturer in finance at MIT Sloan. For decades, MIT and MIT Sloan have been business sustainability thought leaders, from Jay Forrester's work on World Dynamics to our groundbreaking research on high performance work systems, to the formation of the Sustainability Initiative at MIT Sloan—an effort that is shaping modern discourse on sustainability. Dr. Alexis Bateman, Director of MIT Sustainable Supply Chains Initiative and Donna G. Palumbo-Miele, Ed.D., Chair of CSCMPs Sustainable Supply Chain. The MIT Center for Transportation & Logistics (MIT CTL) has been a world leader in supply chain management education and research for nearly 50 years. KEN COTTRILL: Maybe talk a little bit about sustainable supply chains. A growing number of companies are looking to build sustainability into their supply chains. Overall, the results of the study show that by improving environmental, social and governance (ESG) performance throughout their supply chains, companies can enhance processes, save costs, increase 617-253-5316. A report published by MIT's Center for Transportation and Logistics states that, rather than divert resources away from sustainability as the pandemic grew in strength, survey results suggest that COVID‑19 "did not significantly slow the push to make supply chains more sustainable.". Because of this, we can see opportunities for collaboration that might be missed. According to a study from CSCMP and MIT, 59% of supply chain companies invested in sustainability throughout 2020. Her research has been featured in numerous academic and industry outlets including Harvard Business Review . MIT Sustainable Supply Chains Stakeholders include "everybody that the company . Principal, Supply Chain Leader, KPMG US. Full report will be released July 1st, 2020. MIT Sustainable Supply Chains Follow. Director of the MIT Center for Transportation & Logistics. What is a sustainable supply chain? 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. Alexis Bateman is the director of MIT Sustainable Supply Chains, an initiative in the MIT Center for Transportation & Logistics that engages with public and private partners on research to address . Our goal is to connect research outcomes to practical settings, enabling companies and stakeholders to leverage supply chains as a beneficial force to reaching global sustainable development goals. Food supply chain's sustainability is a topic producers, consumers, suppliers, researchers, and policy makers are increasingly interested in. Founded in 1973, the Massachusetts Institute of Technology Center for Transportation & Logistics (CTL) is a dynamic solutions-oriented environment where students, faculty, and industry leaders pool their knowledge and experience to advance supply chain education and research. In this half-day NISCI Executive Education course, sustainable supply chain experts from MIT CTL and private industry introduce the role of sustainable supply chain in enterprise, and explore how the three dimensions of ESG (Environment, Social and Governance) can be used to put businesses on a sustainable path and achieve win-win cooperation among multiple parties. 35 MIT students had the opportunity to take the class SCM.290 Sustainable Supply Chain Management with Dr. Josué Velázquez Martínez and Dr. Karla Gámez Pérez. Dr. Alexis Bateman, Director at MIT Sustainable Supply Chains gives a presentation at the Bloomberg Sustainable Business Summit Global . Elisha Gray II Professor of Engineering Systems, MIT. While course details are provided, please be sure to verify course dates, times, and credits in the MIT course registration system, as updates may occur that are not immediately reflected on this page. This project intends to contribute to the survival and growth of small businesses by improving their operations and supply chain management decisions. Today, MIT CTL Editorial Director Ken Cottrill speaks with Alexis Bateman, research scientist and director of the MIT Sustainable Supply Chain Initiative. Supply Chains May Be Stalled - But Can Still Deliver Opportunity. Transparency, defined. This was a great opportunity to connect three distinct research groups that consider PPE supply chain to distribution to disposal and pair them with operational partners to develop a baseline understanding and future sustainability solution for MIT. This is due, in part, to mounting pressures to disclose supply chain information.The growing emphasis on supply chain sustainability is commendable, but there is a problem: Most sustainable supply chain initiatives do not actually address sustainability at all. More than 80% of survey respondents in the MIT study . Christopher Mejía Argueta is a Research Scientist at the MIT Center for Transportation and Logistics. 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