March 09, 2022 at 8:00AM - March 09, 2022 at 9:30AM
The ongoing Covid-19 pandemic, in all its variants, has rattled global supply chains for two years now with shockwave disruptions up, down, and sideways along the chains in a phenomenon known as the Bullwhip Effect. The mounting challenges range from shortages of essential parts and components, to sky-rocketing freight rates and wholesale and consumer price levels, to lengthy delays at ports and inventory out-of-stocks.
Is it time to upend the textbook prescriptions? In this MIT SCALE-wide panel, the directors of the five network centers worldwide will discuss their views and experiences on the evolution of global supply chains, while addressing questions such as: Is it time to shore up and shorten supply chains? Are global supply chains decoupling? Is this the end of lean and the start of just-in-case?