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JDA collaborates with MIT to accelerate digital supply chain innovations

Published 02 March 2018

JDA Software has entered into a multiyear collaboration with the Massachusetts Institute of Technology (MIT) focused on joint research to create new and innovative capabilities within the supply chain utilizing intelligent edge technologies like machine learning, AI, IoT and advanced analytics.

JDA will work closely with MIT’s Institute for Data, Systems, and Society (IDSS), a world-class research and innovation team led by MIT’s Dr. David Simchi-Levi, professor of engineering systems and renowned supply chain expert, to develop new solutions that predict supply chain demand, increase cognitive responses and embrace the intelligent edge.

JDA executive vice president and chief development officer Desikan Madhavanur said: “It is more critical than ever to infuse innovation into every aspect of the supply chain, as edge technologies such as the Internet of Things (IoT) and artificial intelligence (AI) are essential to digitally transforming supply chains.

“This collaboration allows us to tap into the extraordinary mindshare at MIT to accelerate the research into more intelligent and cognitive capabilities moving forward.”

The research will be conducted in concert with JDA’s product development team as well as JDA Labs team, a dedicated research and development group committed to delivering patentable innovations and new products to the market.

JDA and IDSS will create real world use cases to expand predictive demand, intelligent execution and advanced supply chain and retail planning that will yield a unique, prescriptive supply chain.

These use cases will explore new data science algorithms for predictive behavior and prescriptive cognitive optimization that go a step further than current processes by not only taking into account past behaviors, but also determining the likely future behaviors based on countless demand signals. Tapping into the technological power within these algorithms will yield higher value for customers’ supply chains.

Simchi-Levi is the former co-director of Leaders for Global Operations at MIT. He is considered one of the premier thought leaders in supply chain management and business analytics.

His research focuses on developing and implementing robust and efficient techniques for operations management. He has published widely in professional journals on both practical and theoretical aspects of supply chain and revenue management.



Source: Company Press Release