Plans for regional Hub of Excellence move a step closer
Cranfield University is one of 24 institutions to receive early-stage funding from UK Research and Innovation’s (UKRI) Strength in Places Fund, to develop full-stage bids that could lead to significant economic growth in locations across the country.
Michael Bourlakis, professor of Logistics and Supply Chain Management at Cranfield School of Management, explained the bid: “Today's companies are inundated with data and striving to leverage internal and external data to increase their competitive advantage. The planned Supply Chain 4.0 South East Midlands Hub of Excellence will offer them knowledge, expertise, and a test bed for new ideas to improve their supply chain processes and operations by introducing automation in logistics and supply chain activities.”
The Hub will provide analytics to better match supply with demand and utilising the latest technologies for the last-mile-delivery such as drones, autonomous vehicles, and robots. The Hub's services will range from predictive, prescriptive, and cognitive analytics to skills development in logistics and supply chain management from a digitalisation perspective for large companies and SMEs.
It will be equipped with high-performance computers that can run large-scale optimisation and simulation models, as well as machine learning algorithms and staff that can transfer the knowledge in the Hub to its stakeholders to increase their Supply Chain 4.0 capabilities.
The University’s partners in the project will include: SEMLEP (South East Midlands Local Enterprise Partnership), Network Rail, John Lewis Partnership, Transport Systems Catapult and FiveAI. The Cranfield research team, which is also in conversation with other companies in the region, includes Professor Michael Bourlakis, Professor Emel Aktas and Mike Bernon.