Book
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Preface: The flow pattern throughout an urban network can be looked upon as the result of two competing mechanisms. On the one hand, users of the system (drivers, passengers, pedestrians) try to travel in a way that minimizes the disutility associated with transportation. For example, motorists driving between a given...
Book
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What happens when fire strikes the manufacturing plant of the sole supplier for the brake pressure valve used in every Toyota? When a hurricane shuts down production at a Unilever plant? When Dell and Apple chip manufacturers in Taiwan take weeks to recover from an earthquake? When the U.S. Pacific...
Newsletter
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The electronic newsletter of the MIT Global SCALE Network Issue #63 THE LEADING EDGE Subscribe to Frontiers Automating Supply Chain Resilience Should Be High on Your Digital Agenda Companies have succeeded in making their supply chains more resilient, but the rise of digital supply chains brings new challenges that require...
Thesis/Capstone
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Climate catastrophes (i.e. tornadoes, hail, hurricanes, etc.) have a significant economic and operational impact on the operation of call centers. It was found that catastrophe events such as hurricanes critically impact the operation of the affected location for a period of two months after the hurricane has occurred. A sudden...
Thesis/Capstone
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Effective businesses implement a monthly Sales and Operations Planning (S&OP) process within their organizations to align and coordinate different functions of the business under a single plan. Despite this significant undertaking, once businesses align on a S&OP plan, little effort is made on methodically assessing risks in the plan to...
Thesis/Capstone
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The number of natural hazards has been increasing over the last 10 years. Understanding the impact of natural hazards on retail networks is crucial to make effective planning against disruptions. We used daily sales and inventory data from a country-wide retail network and natural emergencies historic data to quantify the...
Thesis/Capstone
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The demand for Liquefied Natural Gas (LNG) has continued to grow globally over the past decade with increasing numbers of disruptions and plant outages. Considering these dynamics, oil and gas companies will have to prepare their operations to meet increasing demand with agile response to disruptions. This is particularly true...

3 Types of Risk That Will Impact Supply Chains in 2018

January 05, 2018
7
As we head into 2018, what potential disruptions do supply chains face and how can companies manage these risks over the coming year? It’s impossible to know for sure how supply chains will be disrupted in 2018, but we can prepare for the worst by learning from the past. Disruptive events that occurred over the last several years fall into three broad categories of supply chain risk: Natural Catastrophes, Man-Made, and Economic. Let’s look at each type of risk and their impacts on supply chains. 1. Natural Catastrophes Supply chains are vulnerable to natural disasters such as storms, floods, a
Thesis/Capstone
Publication Date
The U.S. energy portfolio is set to undergo drastic change in the coming decades. Policies to reduce emissions combined with growing demand for energy will test existing infrastructure. Large reserves of shale gas provide an attractive near-term solution to help states transition from coal-powered plants to cleaner fuel. Most commercial...
Thesis/Capstone
Publication Date
Supply chain visibility is critical for businesses to manage their operational risks. Availability of high quality and timely data regarding shipments is a precursor for supply chain visibility. This thesis analyses the errors that occur in shipment data for a freight forwarder. In this study, two types of errors are...