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dc.contributor.advisorBruce Arntzen.en_US
dc.contributor.authorTiwari, Tarun (Tarun K.)en_US
dc.contributor.authorToteda, Anthonyen_US
dc.contributor.otherMassachusetts Institute of Technology. Supply Chain Management Program.en_US
dc.date.accessioned2017-12-20T18:15:02Z
dc.date.available2017-12-20T18:15:02Z
dc.date.copyright2017en_US
dc.date.issued2017en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/112858
dc.descriptionThesis: M. Eng. in Supply Chain Management, Massachusetts Institute of Technology, Supply Chain Management Program, 2017.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 45-46).en_US
dc.description.abstractLogistics providers process millions of packages daily and collect an incredible amount of data from these shipments. As new sensors are added to more and more packages, companies will now have increasingly fast access to even more data. However, how will logistics companies leverage this idea of big data to generate the most business value for their customers? Using a qualitative approach by interviewing current users of real-time monitoring devices, we were able to understand how customers perceive the value added by this technology. Moreover, we scoured a significant amount of literature on sensors, the logistics industry, and upcoming technological breakthroughs. We quickly discovered that customers do not perform extensive quantitative analysis to determine the trade-offs and financial benefit of using real-time sensors in their shipping processes. Additionally, we found that customers are unwilling to analyze this big data themselves, but instead want their logistics provider to interpret the data to provide value-added services. Therefore, logistics providers should leverage all of the data they collect, instead of simply creating value when shipments become exceptions, e.g. out of temperature range. We propose using smart contracts on a permissioned blockchain to automate business processes and reduce frictions within the shipping parties and other intermediaries.en_US
dc.description.statementofresponsibilityby Tarun Tiwari and Anthony Toteda.en_US
dc.format.extent46 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsMIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSupply Chain Management Program.en_US
dc.titleThe value of monitoring in supply chainsen_US
dc.typeThesisen_US
dc.description.degreeM. Eng. in Supply Chain Managementen_US
dc.contributor.departmentMassachusetts Institute of Technology. Supply Chain Management Program.en_US
dc.identifier.oclc1014181645en_US


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