#United States #Purdue University #Raymond Corporation #logistics systems #Greene, NY

Raymond Corporation Selects Purdue University for 2025 Research Funding

The Raymond Corporation has made a significant decision to support further education and research in the field of logistics by awarding funding to Purdue University’s innovative research proposal. In a competitive selection process, the university stood out among 19 institutions vying for financial assistance through Raymond’s University Research Program.

The chosen proposal, titled The Value of Limited Flexibility in Future Logistics Systems, was authored by Assistant Professor Reem Khir from the Edwardson School of Industrial Engineering at Purdue. This project aims to explore how limited flexibility can be effectively integrated into future logistics systems, potentially paving the way for new advancements in the material handling industry.

Details of the University Research Program

Raymond's University Research Program has been a vital platform encouraging academic exploration and innovation in the engineering and technical fields related to material handling. Since its inception in 2016, the program has committed over $5 million towards funding 19 projects from leading universities across the nation. The selection criteria are rigorous and include evaluating the potential impact of the proposals on the logistics industry, their feasibility, and the anticipated timeline for results.

Raymond Corporation's president and CEO, Michael Field, emphasized the importance of such collaborations, stating, "Through our University Research Program, Raymond is investing in the material handling innovators of tomorrow. This commitment reflects our core values as a leader in logistics and supply chain management. By partnering with academic institutions like Purdue, we tackle present industry challenges while fostering groundbreaking automation and technology advancements that will strengthen our field’s future."

Impact and Future Funding Opportunities

The collaboration aims not only to enhance technological solutions but also to ensure that promising scholars contribute significantly to improving material handling processes. The initiative of awarding grants strengthens the connection between academia and industry, potentially affecting the future landscape of logistics.

Looking ahead, the University Research Program will be accepting preliminary concept papers starting this summer. Applications for the next round of funding are expected by October 2025 for the 2026 program cycle. This reiteration of support showcases Raymond's enduring commitment to education and innovation within the sector.

Interested parties can learn more about the University Research Program, including previous project details and application processes, by visiting UniversityResearchProgram.com.

About Raymond Corporation

The Raymond Corporation is recognized as a leading global provider of material handling products and intelligent intralogistics solutions. With over a century of experience, Raymond has established a reputation built on innovation and continual improvement. The company's advanced solutions in automation, telematics, and energy efficiency significantly enhance operational productivity and sustainability in warehouses and distribution centers.

As part of the Toyota Industries family, Raymond continues to deliver innovative solutions that not only meet but exceed customer expectations in North America and worldwide. For more insights into their offerings and initiatives, you can explore more at raymondcorp.com and follow their updates on social media platforms such as Facebook, YouTube, and LinkedIn.

In summary, the partnership between Raymond and Purdue University represents a pivotal step towards fostering future advancements in logistics and material handling, reinforcing the vital role of academia in shaping industrial innovations.