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The oil and gas industry has learned much from the recent collapse in oil prices and the mass layoffs triggered by the downturn. A lesson that could help the industry to manage the energy market’s volatility is the importance of an agile supply chain. Peng Bi and Remya Pushpangatha Kurup...
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La industria del petróleo y el gas ha aprendido mucho del reciente colapso en los precios del crudo y de los despidos masivos desencadenados por la recesión. Reconocer la importancia de contar con una cadena de suministro ágil es una lección que podría ayudar a la industria en la gestión...
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How innovation is reshaping freight transportation, the evolution of omni-channel supply chains, and the challenges of adopting financial best practices, are topics that concern today’s supply chain professionals – and they will be addressed in three upcoming MIT CTL events on the MIT campus. The Innovations in Transportation: Impact of...
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El modo en que la innovación está redefiniendo el transporte de mercancías, la evolución de las cadenas omni-canal de suministro y los retos de adoptar buenas prácticas financieras, son asuntos que hoy en día preocupan a los profesionales de las cadenas de suministro – y se van a abordar en...
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How can you leverage the latest supply chain tools, practices, and capabilities to compete more effectively in today’s highly dynamic commercial environment? You can start by attending MIT CTL’s Supply Chain Driving Strategic Advantage, Managing Dynamics & Innovating the Future highly acclaimed executive education course. The course’s combines simulations, case...
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¿Cómo puede Ud. aprovechar las últimas herramientas, prácticas y capacidades de las cadenas de suministro para competir de manera más eficaz en el entorno comercial actual, que es especialmente dinámico? Puede empezar participando en el curso de formación para ejecutivos del CTL del MIT, Cadenas de suministro: Impulsar la Ventaja...
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A five-day workshop that prepares qualified professionals for the Council for Supply Chain Management Professionals’ (CSCMP) SCPro™ certification program is available from The Malaysia Institute for Supply Chain Innovation (MISI). The next workshop is scheduled to run during November and December this year on the MISI campus, Shah Alam, Malaysia....
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El Instituto Malayo para la Innovación en la Cadena de Suministro ( siglas en inglés : MISI) ofrece un taller de cinco días dirigido a profesionales cualificados que prepara para el programa de certificación SCPro™ del Consejo de Profesionales de la Gestión de la Cadena de Suministro ( siglas en...
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List of presentations cited in, lista de presentaciones citado en Supply Chain Frontiers #62 Back to Supply Chain Frontiers issue #62 | Regresar a Supply Chain Frontiers en Español #62 English______________________________________________________________________________________________________ CTL Chris Caplice "Cannibalizing Ourselves Before Others Eat Us: MOOC’s at MIT CTL,” CSCMP Educators Conference, Orlando, FL, USA,...
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A list of publications produced this quarter by the (Una lista de las publicaciones producidas en este trimestre por) MIT Global SCALE Network Back to Supply Chain Frontiers issue #62 | Regresar a Supply Chain Frontiers en Español #62 English______________________________________________________________________________________________________ CTL Yossi Sheffi “How Store Fulfillment Goes Against the Grain,”...
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The United States has one of the safest drug supply chains in the world. However, its security is threatened by new challenges such as counterfeit, diverted, and illegally imported drugs. To counter the new challenges, the Drug Supply Chain Security Act (DSCSA) was signed into law by President Obama on...
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Large pharmaceutical companies struggle to find innovative ways to reduce work-in- process inventory in their production facilities. In our research, we focus on the tradeoff between inventory and production capacity through investing in new facilities and equipment. This tradeoff will depend on the company’s objectives and what it is willing...
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The craft brewing industry in New York State has grown rapidly over the past five years helped in part by New York State legislation called the Farm Brewery Act of 2012. The act imposes agricultural stipulations for breweries desiring to file for a Farm Brewing license. The hop industry will...
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Manufacturers and retailers are increasingly interested in exploring different ways to optimize their fulfillment of e-Commerce orders. An approach that is often considered is drop-shipping, where the manufacturer takes on the responsibility of shipping directly to the consumer. Retailers are interested in this model as it shifts their inventory responsibility...
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To be competitive, businesses must make supply network design decisions, but often with only limited information and under uncertain conditions. How can an organization understand trade-offs between supply network decisions, without relying on complex, black-box models that require extensive data collection and hidden assumptions? We apply approximation methods to estimate...
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Order-picking is an integral operation in warehouses and distribution centers (DC), consuming considerable operating resources and expenses. Numerous studies have attempted to optimize the efficiency and reduce the cost of order-picking. In working with a partner company, this thesis evaluates a proposed mechanism for piece-picking that would achieve this end....
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The oil and gas industry is very volatile; it is characterized by unpredictable cycles of sharp rises and plunges in oil prices. This cyclical nature presents a huge challenge for companies that are operating in the industry. Companies have to be able to ramp up their production quickly so that...
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This thesis analyzes the impact on prices and capacity of trucking industry due to the introduction of ELD mandate. This mandate requires truck drivers to record their working hours in a specified electronic device instead of a pen and paper method. This thesis utilizes the change in average truck driver...
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The company sponsoring our project is a leading chemical manufacturer, supplying a wide range of products on a global scale. One of the most interesting lines of business the company operates is to supply specialty chemicals in faraway places on few weeks’ notice. The nature of these supply chains is...
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Multi-stop truckload has been gaining importance in recent years as part of a shift away from Less-than-truckload freight. In our research, we sought to understand how the price and carrier behavior vary as the number of stops increases. Rational economic theory says that these shipments will be more expensive, and...
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The Hershey Company faces a risk of obsolescence across its supply chain as it follows the First In First Out (FIFO) technique at its manufacturing plant distribution center instead of distributing goods based on either the demand at each retailer’s end or the useable shelf life of the goods being...
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What are the key store related parameters that drive sales for large retail chains? This question has become increasingly important to Lojas Americanas, the sponsor company. In the last few years, the company has expanded rapidly to cater to a larger group of consumers in a wide range of locations...
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This study addresses a medical device company’s need to relicense its products for export after declaring a new legal manufacturer. New license applications are approved at an unknown date with increasing probability within a finite time horizon. Approval results in the instantaneous obsolescence, or “sudden- death,” of inventory bound for...
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Retailers must coordinate inbound shipments from a large number of vendors. In order to manage capacity, retailers need to have a system to prioritize inbound loads with capacitated carriers. This practice creates a constraint when the number of loads exceeds the capacity of committed carriers due to seasonality and consumer...
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The unpredictable demand pattern during promotions leads to lost sales incurred due to frequent stock-outs, affecting the revenue and the brand of both the manufacturer and the retailer. The research focuses on finding out the root-causes of stock-outs in retail stores. It uses the audit response data that informs us...