Optimizing inbound freight mode decisions
Name
1191623589-MIT.pdf
Size
1.85 MB
Format
Adobe PDF
Checksum (MD5)
81e4bda6b19fd3525429fb11464c2502
Author(s)
McIntyre, Colin Alex.
Advisor(s)
Vivek Farias and Stephen Graves.
Date Issued
2020
Publisher
Massachusetts Institute of Technology
Abstract
Retail manufacturers often expedite inbound freight shipments from contract manufacturing bases to their distribution centers in destination markets at high cost to improve service levels to their wholesale partners and retail arm. The current process around these decisions has yielded lower than anticipated improvements to service level. This thesis (1) reframes the goal of expediting inbound freight in quantitative, measurable terms that more directly impact the business outcomes, (2) develops an optimization model to select a set of freight shipments to expedite and best improve service, and (3) uses the optimization model to estimate potential improvement magnitudes with strategic changes.
Description
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, in conjunction with the Leaders for Global Operations Program at MIT, May, 2020
Thesis: S.M., Massachusetts Institute of Technology, Sloan School of Management, Operations Research Center, in conjunction with the Leaders for Global Operations Program at MIT, May, 2020
Cataloged from the official PDF of thesis.
Includes bibliographical references (pages 73-74).
Subjects
Sloan School of Management.
Operations Research Center.
Leaders for Global Operations Program.
MIT Department
Sloan School of Management
Massachusetts Institute of Technology. Operations Research Center
Leaders for Global Operations Program at MIT
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