WATERLOO, Ont.—Supply chain optimization Dematic has announced scholarships valued at $10,000 for the University of Waterloo’s Faculty of Engineering, called the Dematic Scholarship for Excellence in Supply Chain Optimization.
The news comes as Atlanta-based Dematic celebrates its one year anniversary of its Waterloo location.
The Dematic Waterloo team includes a number University of Waterloo graduates working on two research projects with the University funded by a federal Collaborative Research and Development (CRD) grant and a provincial Ontario Centres of Excellence (OCE) grant. In addition, Dematic is participating in and supporting the University’s co-op education program.
“Dematic is a large global company and could choose to set up an office anywhere in the world. Dematic chose Waterloo because the quality of the tech talent here is undeniable,” said Pete Devenyi, Vice President Global Software Development, Dematic. “We wanted to mark our anniversary by investing in the community and the people we hope to recruit and mentor. This scholarship is a natural addition to an already great partnership with the University of Waterloo.”
The Dematic Scholarship for Excellence in Supply Chain Optimization will be awarded to one male and one female second-year engineering student at the University of Waterloo, based on academic standing and an essay submission.
Dematic is a global engineering company that provides intelligent warehouse logistics and materials handling solutions, generating global business volumes of approximately $1.5 billion.