IIT Bombay-FedEx Centre for Advanced Logistics and Focused Analytics (FedEx ALFA) has been established at IIT Bombay for undertaking cutting-edge research and development in the areas of logistics and supply-chains. The centre is supported through a generous grant from FedEx. IIT Bombay alumnus, Mr. Raj Subramaniam, President and CEO of FedEx Corporation, inaugurated the Centre in December 2023. The Centre aims to conduct research in the domains of logistics and supply chains, training students in these domains, addressing challenges faced by these industries, and incubating novel ideas.
Vision
FedEx ALFA will focus on enhancing operational efficiency using advanced quantitative models and solution technologies in supply chain network design and planning.
Key Areas
- Innovative Pricing Models: Developing end to-end service pricing strategies for complex logistics operations involving diverse entities.
- Sustainability in International Logistics: Spearheading efforts to decarbonize supply chains and advance sustainable practices.
- Human Resource Management in Logistics: Exploring AI-driven HR solutions to enhance efficiency and productivity.
- Digital Transformation of Supply Chains: Driving digitalization initiatives to streamline supply chain processes and enhance agility.
- Network Operations Planning: Pioneering methodologies to optimize supply chain networks for improved efficiency and resilience.