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MIT SCM Symposium 2024
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Welcome to the MIT SCM Research Symposium 2024 and thank you for joining us! We hope you find the day exciting and informative. To enhance your experience, we are utilizing this platform in order to help identify projects of top interest to you. Below you will find not only the schedule, but also the abstracts and attached executive summaries of each project. Additionally, you can better acquaint yourself with the student presenters and advisors through their profiles. Thank you again and we look forward to hosting you.
Friday, May 17 • 2:30pm - 3:00pm
Recurrent Neural Network for Predicting Sequential Supply Chain Delays

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This capstone project addressed the challenges faced by GlaxoSmithKline’s (GSK) supply chain in managing sequential delays, essential for ensuring timely healthcare delivery in the pharmaceutical industry. The key objectives included pinpointing planned dates within GSK’s system and developing a robust machine learning model to predict sequential delays accurately. Through an extensive literature review and methodology development, the project focused on utilizing neural network machine learning methods, specifically recurrent neural networks (RNNs) and Long Short-Term Memory (LSTM) networks. Detailed summary statistics showcasing the delay frequencies and locations within GSK operations for the Benlysta brand revealed that approximately 40% of data exhibited delay issues, primarily in primary manufacturing sites. Further examination highlighted specific areas prone to delays, providing GSK with managerial insights for targeted action. The RNN model development involved data acquisition, manipulation, preprocessing, and model construction, followed by hyperparameter tuning to optimize performance, resulting in a reduced mean absolute error (MAE) of 4.89 days. Although challenges in linking manufacturing and quality data limited the initial scope, the project provided valuable insights and laid a solid foundation for future enhancements. Leveraging the findings and insights gained from this capstone project, GSK can enhance operational efficiency, mitigate supply chain risks and deliver medications to patients more effectively.

Student Presenters
Advisors
avatar for Tim Russell

Tim Russell

Program Engineer, MIT Center for Transportation and Logistics
Tim Russell is a Program Engineer at the MIT Humanitarian Supply Chain Lab and the MIT CAVE Lab. Prior to this role, Mr. Russell conducted research with WFP on their cash and voucher program in Darfur. He has worked across the Caribbean, Latin America, Former Yugoslavia, and East... Read More →



Friday May 17, 2024 2:30pm - 3:00pm EDT
Skyline AB 40 Edwin Land Blvd, Cambridge MA 02142, USA

Attendees (4)