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TOPIC 4

Logistics & Supply Chain

The backbone of any functioning social and economic society is logistics and supply chain. We all know how quickly it became impossible to buy toilet paper – despite there not being a real shortage. However, as lock down continues, and more people get sick, it’s going to get harder and harder to predict where products should be, and how to move them around as efficiently as possible. This covers everything from fruit and vegetables to toilet paper to personal protective equipment (PPE), to webcams and microphones for people working from home to, well, you name it. If it exists, it’s got to be planned, bought, transported and made available to those that need it.

 

Challenges

  1. How can companies effectively adapt and potentially localize their supply chains?
  2. How can the information about transportation of crucial supplies such as medical equipment and medications be effectively monitored and available?
  3. How can the medical equipment manufacturers use the data regarding the number and distribution of patients in different countries in order to adapt their supply chains and transportation mechanisms? (Challenge from ALSTOM)
    Medical equipment is key in dealing with the current situation. As there is a shortage of medical equipment, many manufacturers have dedicated  production lines to produce these equipment. However, this does not guarantee that the shortage issue is fairly answered across the globe (we have all heard some not nice news about medical aid not arriving at their final destination…) The use of AI could aid in determining the future number of patients in different countries and predict the number of required medical equipment. This data can be used by manufacturers to have an idea on how many equipment is needed. Afterwards, through transportation, the medical equipment could be sent to the target countries.This solution could ensure that every human’s life is treated equally. In addition, it can reduce the tension and stress on medical staff and allow them to concentrate on treating patients. Finally, by bringing different industries together, new business opportunities could be created. The challenge is then how can such a solution be realized? For this challenge the following specialists are required: 1. Medical staff 2. AI 3. Mathematic 4. Logistics 5. Transportation 6. Product design
  4. How can we determine the best distribution solution regarding medical equipment and other medical supplies? (Challenge from ALSTOM)
    The manufacturers and the patients are located in different parts of the world. A well-organized distribution system could ensure the supplies are delivered as fast as possible to the hospitals / medical institutions. The outcome for this section is a distribution model For this challenge the following specialities are needed: 1. Mathematics 2. AI 3. Transportation 4. Logistics

3 — 5 APRIL

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