And of course, more than passionate about winning the war as it would be shown later in his career. Pdf preparing for the big one supply chain management. Yossi sheffi, director of the mit center for transportation and logistics mit ctl, discusses the threat to global supply chains posed by the coronavirus outbreak. Yossi is a hebrew given name, usually a short and nickname for yosef equivalent to english joseph. We are not going to run out of food, so chill, yossi sheffi tells me. Preparing for disruptions through early detection case solution detection means vigilance on both unique nearterm events and prospective future events that may interrupt the business, the writer writes. Yossi sheffi displays a wealth of knowledge about large global. Thoma professor of operations, information, and technology, graduate school of business, stanford university.
Online education lightens the gloom over september 26, 2019. Diane davis is director of jerusalem 2050, a project that brings together the worlds leading experts to create a dream of peace in the year 2050. Pick up the key ideas in the book with this quick summary. Yossi sheffi, elisha gray ii professor of engineering systems at mit and director of the mit center for transportation and logistics, has become one of the most influential supply chain resiliency books since its publication. He is an expert in systems optimization, risk analysis, and supply chain management, which are the subjects he teaches and researches at mit. Sheffi worries that corporate security has not caught up to the realities of doing business today. Yossi sheffi, professor, mit center for transportation and logistics a great living reading on how to bring supply chains to a powerful living state. His depictions of events are reallife, his advice on preventing and recovering from major disruptions is sound and he presents this all in an extremely readable fashion. Yossi sheffi is a professor at the massachusetts institute of technology, where he serves as director of the mit center for transportation and logistics mit ctl. The mit scm alumni network provides graduates with access. He was a war correspondent, a soldier, a writer, and a statesman.
The supermarkets have struggled to meet a rush of demand for some goods, but that should pass. Yossi sheffi shows why modern vulnerabilities call for. Yossi sheffi on the power of resilience supply chain 247. This is the standard form used in this text to write minimization programs. He was passionate about the betterment of his country, regardless of his good and bad criticisms. Yossi sheffi explores the various flavors of redundancy, simplicity, flexibility and communications strategies businesses employ to make themselves resilient. Sheffi, companies can tame their risks and gain competitive advantage. How to use business continuity planning to minimize losses. How the best companies manage the unexpected mit press pdf. War is a dangerous game, many people would likely agree to this, however, very few have ever seen a battlefront the truth is that war, no matter how awful we can imagine it, is always exponentially worse. Which jobs can replace lost manufacturing jobs in advanced economies. Stateoftheart passenger jets are grounded because of. Sheffi piles on examples of organizations that simply did not have the appropriate mechanisms in place when disaster struck or evolved undetected.
The power of resilience how the best companies manage the. Rising risks to supply chain resilience are too often ignored in the rush of day to day business, and companies know it. The volume provides complete coverage of reliability, maintainability, and availability measures, the measures of logistics and system support, the system engineering process, logistics and supportability. A catastrophic earthquake is followed by a tsunami that inundates the coastline, and around the globe manufacturing comes to a standstill. Spatial and temporal patterns in global enterprise risk. A supply chain view of the resilient enterprise an organizations ability to recover from disruption quickly can be improved by building redundancy and flexibility into its supply chain. Pdf a supply chain view of the resilient enterprise. Pdf the serengeti rules download full pdf book download. That phrase once referred to managing risks that were fairly predictable and relatively easy to insure against.
Professor yossi sheffi, director of the massachusetts institute of technology center for transportation and logistics, says that todays supply chains are more vulnerable. He founded or cofounded five companies, is frequently quoted in the press, has authored numerous scientific publications and five books. How the best companies manage the unexpected audiobook written by yossi sheffi. Pdf automated identification auto id applications can provide corporate. How the best companies manage the unexpected mit press, by yossi sheffi. Jul 18, 2011 yossi sheffi fires a shot across the bow of business owners who, even after 911 and hurricane katrina, still have not assessed their organizations vulnerability to catastrophe. Yossi sheffi is a professor of engineering at the massachusetts institute of technology where he leads the school of engineerings center for transportation and logistics as well as the newly launched masters in logistics engineering program. Why does the tiny islandnation of singapore handle a fifth of the worlds maritime containers and half the worlds annual supply of crude oil. Why is memphis home to hundreds of motor carrier terminals and distribution centers. According to a upsgreenbiz survey pdf of 423 business leaders, 52 percent responded that they could easily define the term circular economy and provide examples. The leading proponent of that argument is yossi sheffi.
Six supply chain related leadership lessons from sir winston. Overcoming vulnerability for competitive advantageby yosef sheffi. Professor carlos daganzo retires uc berkeley institute of. Preparing for disruptions through early detection case. Pdf the impact of automatic identification on supply chain. The serengeti rules available for download and read online in other formats. Six supply chain related leadership lessons from sir. While investing in redundancy represents a pure cost increase, investing in flexibility yields many additional benefits for daytoday operations. He began writing in the name tony rini and stopped. For example, a few years ago the production of computer chips was halted by a fire at a large supplier. Yossi sheffi is a professor at the massachusetts institute of technology, where he serves as director of the mit center for transportation and logistics.
Gregory unruh is the arison professor of values leadership at george mason university and guest editor for mit smrs big idea sustainability initiative. A new element, however, may be introduced when writing into the tag. In it sheffi argues that while many companies are embracing sustainability in their marketing materials, going green is not always an easy or sensible business decision. Yossi sheffi is elisha gray ii professor of engineering systems at mit and director of the mit center for transportation and logistics. Yossi sheffi professor of engineering and director, mit. Yossi sheffi at massachusetts institute of technology.
Yosef sheffi is the author of logistics clusters 3. Director of center for transportation and logistics. Yosef sheffi author of logistics clusters goodreads. Professor carlos daganzo retires uc berkeley institute. Equilibrium analysis with mathematical programming methodsby yosef sheffi, 1985, 1992, prenticehall.
Writer of the standard has predetermined what is adequate. Ericsson, by contrast, responded slowly and was left high and dry. He is an expert in systems optimization, risk analysis, and supply chain management. The power of resilience how the best companies manage the unexpected yossi sheffi the mit press cambridge, massachusetts london, england. He has worked with leading manufacturers and logistics service providers around the world on operations and strategy issues and is the author of three awardwinning books. Yossi sheffi fires a shot across the bow of business owners who, even after 911 and hurricane katrina, still have not assessed their organizations vulnerability to catastrophe. Sheffi provides the perfect antidote for the alltoohuman tendency to reach for rosy glasses despite the fact that disasters and acts of catastrophic terrorism are not a question of if, but when. By yossi sheffi t hreats to your supply chain, and therefore to your company, aboundnatural disasters, accidents, and intentional disruptionstheir likelihood and consequences heightened by long, global supply chains, evershrinking product lifecycles,and volatile and unpredictable markets.
The power of resilience is a brilliant book that should be read by all business leaders in order to capably manage risks and create growth in the new global economy. Head of unit c3, maritime and land transport security, european. The study of leadership theories ascertains that winston churchill portrayed a number of characteristics, traits, and behaviors of a charismatic and transformational leader, and with todays coronavirus pandemic disrupting supply chains worldwide, churchills motivational skills appear to be more relevant than ever. Pdf in todays uncertain and turbulent markets, supply chain vulnerability has become an issue of significance for many companies. By building flexibility into the entire supply chain, says dr. He recently published a mustread book on sustainability.
Threats to your supply chain, and therefore to your com. Contents preface vii 1 a quake breaks a supply chain 1 2 a classification of catastrophes 27 3 reducing the whitespace 53 4 crisis response 79 5 the financial crisis and the money supply chain 105. The impact of automatic identification on supply chain. Alumni job titles range from supply chain analyst through vp of supply chain all the way to ceo. When to embrace sustainability in a business and when not to the mit press yossi sheffi, edgar blanco on. Yossi sheffi center for transportation and logistics. Pdf on jun 1, 2003, yossi sheffi and others published a supply chain response to global terrorism. When to embrace sustainability in a business and when not to is a wellresearched. Yossi sheffi is the elisha gray ii professor of engineering systems at the massachusetts institute of technology. The leading proponent of that argument is yossi sheffi, a professor of systems engineering at. He is an expert in systems optimization, risk analysis and supply chain management, and author of many related publications. He is the author of several best selling, award winning books, including the resilient enterprise mit press.
Welcome to our free case studies and business essays collections. Pdf the range of potential high impactlow probability hilp disruptions to the. We recommend the power of resilience by yossi sheffi for new bc leaders. This book is a must read for everyone in business, especially those who do not. Fall 2012 carlos daganzo was born and educated in spain, received his ph. Yossi sheffi talks about his new book, the power of resilience. Overcoming vulnerability for competitive advantage mit press, october, 2005 awarded the 2005 book of the year gold medal. He speaks with bloombergs scarlet fu and joe weisenthal on bloomberg markets. Truly resilient companies treat security as an integral part of their strategy, says mits leading supply chain expert. As part of the case centres commitment to promoting the case method and supporting case teachers, we offer a growing range of free cases produced by a number of prominent schools and organisations across the globe. Sign up for mit spectrums newsletter and stay connected to mits vision, impact, and exceptional. A supply chain view of the resilient enterprise citeseerx. Has logistics clusters by yossi sheffi been sitting on your reading list.
Yossi sheffi has compiled a masterful accounting of the challenges businesses face every day. Now is the time to honor inspirational supply chain providers. Yossi sheffi is a professor of engineering at the massachusetts institute of technology. A catastrophic earthquake is followed by a tsunami that inundates the coastline, and around the globe manufacturing comes to a. Elizabeth cox, a teacher of creative writing at mit and the author of five books, has garnered an armful of honors. How logistics clusters can create jobs while providing companies with competitive advantage. How to use business continuity planning to minimize losses during a crisis. These are the events one worries about when one has to run a large organization. A harrowing true story of survival tells the story of ghinsbergs trip into the bolivian jungle and his three weeks surviving alone after being separated from. For everyone who is overworked, someone else has little to do but wait. Pdf supply chain management under the threat of international. How the best companies manage the unexpected yossi sheffi the mit press cambridge, massachusetts london, england. Performance standards require processes be developed. All content in this area was uploaded by yossi sheffi on jul 01, 2014.
One major customer, cell phone manufacturer nokia, reacted quickly. The program has graduated hundreds of supply chain and logistics professionals who are now working in companies that vary in size from boutique startups to global fortune 500 companies. The resilient enterprise is the mustread post911 book for every ceo, senior manager, and company director. When to embrace sustainability in a business and when not to was recently published by yossi sheffi. Black swans and the risks in supply chains mits yossi sheffi writes that building business resilience into supply chains means preparing for the unimaginable. Yossi sheffi writes a new book for executives pondering how to reduce corporate risk. An authoritative exploration of logistics management within the engineering design and development process, this book concentrates on the design, sustaining maintenance and support ofsystems. Nina kruschwitz is the former senior project manager of mit sloan. Jan 19, 2018 how to use business continuity planning to minimize losses during a crisis. Few issues have morphed as dramatically in the last five years as corporate resilience. Though published back in 2005, the book is still extremely relevant using numerous case. He describes cellphone maker ericssons sluggish response when a. How the best companies manage the unexpected, and how the best companies are balancing the risks involved in new products, new markets, and new processes all crucial for growth and the resilience created by advanced risk management.
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