(BASF) -- BASF announced it is establishing a partnership with the Massachusetts Institute of Technology's Center for Transportation & Logistics (CTL). The company has become a Strategic Partner in the Center's Supply Chain Exchange. The Supply Chain Exchange is an active community of companies that share a common goal to leverage cutting-edge research and knowledge to achieve supply chain-centric competitive advantages.
⌠The MIT Center for Transportation & Logistics is one of the foremost sources of supply chain innovation, said Dr. Robert Blackburn, Senior Vice President Supply Chain & Process Innovation at BASF. ⌠Joining the Supply Chain Exchange provides a great opportunity for BASF to continue our demonstrated track record of developing sustainable innovations throughout our supply chain as well as better aligning our global supply chain with our corporate business strategy to the benefit of all our stakeholders.
The Supply Chain Exchange provides networking and educational opportunities within MIT and CTL's corporate partner community, which includes representatives of some of the leading manufacturers, distributors, retailers, and transportation and logistics service providers. Additionally, BASF will directly benefit from interaction with MIT researchers on current industry issues and privileged access to CTL's symposia series, student recruiting and communications programs.