Supply chain tracing, tracking, transparency, visibility, and a myriad of other terms are in play around the central goal of identifying and following the history, distribution, place, and use of materials, parts and products. This has become especially important in the ability to implement and verify sustainability within the supply chain in the areas of labor and the environment. But the motivations behind traceability also include improving operational efficiencies, ensuring product quality, and reducing supply chain risks. Beyond internal motivations for traceability, there are also growin...
To celebrate the release of his new book, Professor Sheffi, the author of the widely read The Resilient Enterprise, will hold a one-hour talk at 5pm with beverages and refreshments to follow. Copies of his latest book will be available for purchase at the event. Book Summary: A catastrophic earthquake is followed by a tsunami that inundates the coastline, and around the globe manufacturing comes to a standstill. State-of-the-art passenger jets are grounded because of a malfunctioning part. A strike halts shipments through a major port. A new digital device decimates the sales of other brands a...
MIT - E40
Supply chain leaders recognize the importance of resilience in protecting their supply chains against disruptions and market volatility. Having a resilient supply chain has proven to be a critical business enabler, often making the difference between market success and business failure. The increasing number of supply chain resilience investment options has made it easier for leaders to achieve resiliency. However, a general lack of guidance and inadequate information on how to quantify resilience, can make it difficult for leaders to take a logical, data-driven approach when making supply cha...
Finance is widely recognized as the language of business – yet supply chain managers have not fully learned how to communicate the impact of their function in financial terms. This workshop will show how supply chain actions affect the income statement and balance sheet – two key financial statements – and how supply chain managers can explain their decisions in the language of finance. The workshop will include exercises that challenge the participants to make critical investments in working capital, focusing on four core supply chain elements: inventory, capital operating equipment, payable...
MIT E40 - 364
Today’s companies are realizing the importance of the supply chain as a revenue generator — it's not just a cost of doing business. In order to remain competitive in the global marketplace, senior executives must completely transform their business approach and conventional supply chain practices, and embrace new capabilities that drive more value. How can you leverage the latest supply chain tools, practices and capabilities to ensure that your company is poised to adapt in this rapidly changing environment and not be left behind? You can start by learning from the best at MIT.
The MIT Cente...
The annual MIT SCALE Alumni ReConnect welcomes SCALE alumni back to campus to network with each other and continue their professional education. Each year we welcome all of our alumni from the MIT SCM Program (formerly called MLOG), the ZLOG Program in Zaragoza, the GCLOG Program in Latin America, and the MSCM Program in Malaysia to come back to MIT for MIT SCALE ReConnect. Our ReConnect event is timed to immediately follow SCM’s Research Fest, where graduating master's students present their theses to the Center's corporate Supply Chain Exchange Partners.
Learn more about this year's Researc...
Every year, graduating master's students present their theses to the Center's corporate Supply Chain Exchange Partners. This one day event is a chance for Partners to hear the results of new student research, much of which has been done with Exchange Partners. Are you a SCALE alum (graduate of the SCM/MLOG, ZLOG, MSCM, or GCLOG program)? Stay for SCALE ReConnect 2015 on May 22. For More information or To Register, please visit: http://alumic.mit.edu/Reconnect2015
MIT Sloan E62-350
Shippers, carriers, third parties, and technology vendors (both hardware and software) have been talking about supply chain visibility for more than two decades. While there has been a steady evolution in both the state of the science and practice, it is still the weakest link in a global supply chains; especially for ocean transportation.
What was originally called "track and trace" functionality has evolved from stage 1: having to call the carrier up so they could tell you where your products, to stage 2: where shippers can check the “recent” location status of shipments themselves via a we...
Creating Global Opportunities. In the early 1970’s when Maersk Line was developing its container-based transport system, world trade was changing irrevocably. The following years saw an unprecedented quantitative increase in world trade, driven largely by production in Asia and supported by the incredible success of the container. The presentation will highlight some of the key shifts in the company’s development from a minor player in liner shipping to the world’s largest container operator. The two “spin-off businesses”, Maersk Logistics development into Damco and the creation of APM Termin...
From Mass to Personal: Evolving Ideas of Public Transit. Mr. Walder has led a distinguished international career in the public transportation sector, which includes 30 years working in the rail industry in the United States and the United Kingdom. Today he is the President & CEO of Motivate, a global leader in bike share. He will discuss the ways that technology is shaping our cities and changing expectations for how we get around.
Motivate is the leading global company developing and implementing large-scale bike share systems. The company operates bike share systems in 10 citi...