Vehicle routing is one of the most well-understood, extensively studied problems in both history and academia—it's been studied by academics since the early 1800s. Yet 200 years later, optimal efficiency remains just out of reach. And given the enormous increase in pressure for consumer expectations in recent years, that remaining "last mile" of vehicle routing efficiency could, on a global scale, make a huge difference to a huge number of people.

In this episode, we're joined by Matthias Winkenbach, Director of Research at the MIT Center for Transportation & Logistics. Matthias is an expert in urban logistics, last-mile delivery, and vehicle routing, and he has just launched a new lab, the MIT Intelligent Logistics Systems Lab, that will use AI and machine-learning techniques to tackle today's vehicle routing challenges—and that could make a major impact on vehicle routing solutions where traditional methods and algorithms have come up just short.

intelligent.mit.edu

In this episode, we sit down with members of the MIT Low Income Firms Transformation (LIFT) Lab: Director Josué Velázquez Martínez, Postdoctoral Researcher Sreedevi Rajagopalan, and Doctoral Student Fabio Castro.

We discuss the LIFT Lab's work empowering micro-retailers and nanostores in emerging markets to lift themselves out of poverty. These retailers, while making up an overwhelming majority of retail business in their regions, are at a significant disadvantage when dealing with large suppliers and competing with large retailers—some 30% of these firms fail within 5 years of opening.

Using generative AI, the LIFT Lab is helping these retailers enhance their business decision-making and supply chain capabilities to help them survive and thrive.

Warehouses are undergoing a fundamental transformation—in response to the explosion of growth in the e-commerce space and worldwide large-scale supply chain disruptions, warehouses have gone from places simply for goods to sit to highly interconnected, automated hubs of activity. Warehouses of the future leverage new technologies in automation and digitalization to enhance precision, flexibility, and efficiency to adapt quickly to changing market and supply chain trends and needs.

In this episode, we're joined by Miguel Rodríguez García, a Postdoctoral Associate at the MIT Center for Transportation & Logistics, and Erez Agmoni, Global Head of Innovation (Logistics & Services) at international shipping giant Maersk. Miguel and Erez take us through the changes and technologies that are transforming warehouses and the ways in which companies are seeking to make these transformations sustainable.

The warehouse of the future signifies a forward-thinking model that aligns operational efficiency with a sustainable approach to warehousing, which is pivotal to the evolution of contemporary supply chains.

For the full white paper, "The Warehouse of the Future," click here.