Supply Chain Management has commonly been focused on large firms, and little attention has received micro and small enterprises, which represent ~99% of all businesses in the world
Leveraging Supply Chain Management and Business practices in Micro and Small Firms
The MIT GeneSys project focuses on contributing to the survival and growth of small businesses by improving their operations and supply chain management decisions. The objective is to provide a framework of managerial insights aimed at increasing productivity and survival rate of micro and small firms (MSEs), specifically in developing countries.
With the use of a comprehensive methodology, and innovative data collection process via the MIT GeneSys App, our research is able to provide detailed assessments and recommendations. We have partnered with 20 universities in 10 countries in Latin America (Argentina, Bolivia, Brazil, Colombia, Chile, Ecuador, Guatemala, Mexico, Peru, and Uruguay) and, worked with more than 1300+ undergraduate students, that have participated in the data collection and assessment of 800+ MSEs.
Helping micro and small firms in Latin America mitigate the impact of the Covid-19 crisis
As a response to this COVID-19 crisis, the MIT GeneSys team outlined and deployed a large-scale research project for Fall 2020 in collaboration with 10 of the top universities in Latin America.