The Massachusetts Institute of Technology (MIT) Center for Transportation & Logistics and Mecalux have developed an artificial intelligence-based simulator capable of optimising inventory distribution across different warehouses within the same logistics network. The platform, called Genetic Evaluation & Simulation for Inventory Strategy (GENESIS), uses advanced machine learning models to analyse thousands of possible scenarios and determine the optimal stock level at each warehouse and … [Read more...] about MIT CTL and Mecalux develop an AI-based simulator to optimise inventory across warehouses
Massachusetts Institute of Technology
MIT and Mecalux launch a groundbreaking project to accelerate logistics innovation
The Massachusetts Institute of Technology Center for Transportation & Logistics(MIT CTL) and intralogistics group Mecalux have kicked off a five-year collaborative project to expedite the integration of self-learning artificial intelligence (AI) in logistics. Through MIT’s Intelligent Logistics Systems Lab, the two institutions will explore new applications of AI models with significant potential for businesses and society. “The objective of our collaboration with Mecalux is to foster … [Read more...] about MIT and Mecalux launch a groundbreaking project to accelerate logistics innovation
MIT Center for Transportation & Logistics launches new lab supported by Mecalux to research the potential of AI in logistics
The Massachusetts Institute of Technology Center for Transportation & Logistics (MIT CTL) has commissioned a new research lab to investigate high-impact applications of new data-driven technologies in the logistics industry. The formation of the lab was supported by seed funding from the intralogistics group Mecalux. Specifically, the Intelligent Logistics Systems Lab at MIT CTL will explore the potential of machine learning (ML) and artificial intelligence (AI) to transform the future of … [Read more...] about MIT Center for Transportation & Logistics launches new lab supported by Mecalux to research the potential of AI in logistics
