Prof. Yossi Sheffi, director of the MIT Center for Transportation and Logistics, discusses the potential impacts of the collapse of the Francis Scott Key Bridge in Baltimore on shipping, logistics and the economy. “Many other ports are not equipped to handle the type of commodities that go to Baltimore,” Sheffi explains.
Prof. Yossi Sheffi, director of the MIT Center for Transportation and Logistics, speaks with WCVB-TV about how the collapse of the Francis Scott Key Bridge in Baltimore and the closing of the Port of Baltimore could impact car shipments on the East Coast. Sheffi explains that not all ports can handle cars like Baltimore, and they require “hundreds of trucks and railcars that are equipped to transport vehicles and bring them to the dealers.”
Prof. Yossi Sheffi speaks with Marketplace host Meghan McCarty Carino about how AI has impacted the workplace, highlighting the wide deployment of robots in warehouses. “Instead of people running around the warehouses, the people stand and the robots run around the warehouses,” Sheffi said. “But they bring the work to the people who then put it in boxes, package them.”
Prof. Yossi Sheffi, director of the MIT Center for Transportation and Logistics, speaks with David Wade of WBZ News about AI and the future of work. "Jobs will change, clearly some jobs will disappear. I don't want to minimize it," says Sheffi. “Some jobs will disappear, but this is a very small number. Most of the impact of technology is to assist."
Prof. Simon Johnson and Prof. Yossi Sheffi speak with Boston 25 about the potential impact of AI on the labor market. “We need people to have what’s called soft skills,” says Sheffi. “They need to be able to convince people, manage people, work with people, partner with people.” Johnson notes while there are still fields that are safe bets, but notes that the speed with which [AI] is moving and currently the acceleration is really dramatic.”
Prof. Yossi Sheffi joins Bloomberg Business Hour to discuss the impact of artificial intelligence on businesses, supply chain management, and risk management. “In general, over the last 50 years, supply chain has changed dramatically, infusing more and more technology into the operation,” says Sheffi.
Forbes contributor Joe McKendrick spotlights Prof. Yossi Sheffi’s new book, “The Magic Conveyor Belt: Supply Chains, AI, and the Future of Work.” McKendrick writes that Sheffi emphasizes the need to "better understand the supply chains on which our businesses and society depend, and our conception of supply chains needs to be broadened — from product and parts delivery networks to the very essence of organizations themselves.”
Writing for The Hill, Prof. Yossi Sheffi examines several strategies companies could use to help improve supply chain sustainability, including redesigning last-mile deliveries, influencing consumer choices and incentivizing returnable containers. “Supply chains can be designed to reduce emissions from operations and to reorient their buying behavior in support of carbon emissions reductions,” writes Sheffi.
Wise Systems, an AI-based delivery management platform originating from MIT’s Media Lab, has applied machine learning to real-time data to better plan delivery routes and schedules for delivery drivers, reports Susan Galer for Forbes. “The system can more accurately predict service times, taking into account the time it takes to complete a stop, and factoring in the preferences of the retailer, hotel, medical institution, or other type of client,” says Allison Parker of Wise Systems.
Prof. Yossi Sheffi speaks with David Pogue of CBS Sunday Morning about what’s causing the current supply chain breakdowns. "The underlying cause of all of this is actually a huge increase in demand,” says Sheffi. “People did not spend during the pandemic. And then, all the government help came; trillions of dollars went to households. So, they order stuff. They order more and more stuff. And the whole global markets were not ready for this."
Reporting for Marketplace, Kai Ryssdal spotlights how the “beer game,” an exercise developed by a group of MIT researchers in the 1960s to simulate supply chain dynamics, is still commonly “used to teach supply chain principles and demonstrate the bullwhip effect.”
TechCrunch reporter Devin Coldewey spotlights MIT startup ISEE, which is developing a robotic yard truck that could be used to move containers in shipping yards. Coldewey writes that the ISEE trucks could “transport containers (unmodified, it is important to note) to and from locations in the yards, backing the 50-foot trailer into a parking spot with as little as a foot of space on either side.”
Prof. Yossi Sheffi speaks with CNN’s Zachary Wolf about how the Covid-19 pandemic has affected supply chains, impacting the supply of ketchup packets and causing delays in computer chips. “During the pandemic many industries reduced their orders and suppliers reduced their orders and capacity even further (because they anticipated that future orders will also be reduced),” says Sheffi. “When the economy came back, there was no capacity to snap right back.”
Forbes contributor Sharon Goldman spotlights Prof. Yossi Sheffi’s new book, “The New (Ab)Normal,” which examines how companies shifted their operations during the Covid-19 pandemic. Goldman writes that in the book, Sheffi “details how businesses grappled with the chaos of the pandemic, and explores what enterprises are likely to do to survive and thrive in 2021 and beyond, after the pandemic starts to subside.”
Prof. Yossi Sheffi speaks with Wall Street Journal reporters Sarah Krouse, Jared S. Hopkins and Ana Wilde Mathews about the challenges posed by distributing the Covid-19 vaccine across the country. “Everything has to come together—the packaging, the dry ice, the vials, the material itself. It all has to come together to the same place and have enough of it and exactly the right people there ready to take it,” says Sheffi. “Right now, there’s no conductor to the symphony,” just many parts that each need to work.