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This week’s episode of the Freightvine podcast covers the ever-topical coronavius (COVID-19) and the uncertainty it’s creating throughout global supply chains. Joining host Chris Caplice is Yossi Sheffi, MIT professor and Chris’ boss at the MIT Center for Transportation & Logistics. To begin with, let’s understand how the COVID-19 outbreak differs from previous supply chain …

#transportation intelligence

While conventional supply chain design efforts can minimize operational costs, their focus on leveraging economies of scale can result in over-concentrated resources. These solutions remain optimal so long as nothing changes, but are incredibly fragile in the face of exceptions or unforeseen events. The best-laid plans of mice and supply chain designers often hit the …

#supply chain strategy #Supply chain consulting

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