Prof. John Sterman speaks with CNBC reporter Diana Olick about the impacts climate change will have on supply chains and how businesses can prepare. “What you want to do as a company is find ways to cut your emissions that also improve your resilience and generate other benefits for you, so that the risks that you face are lower,” says Sterman.
In a letter to the editor that appeared in The New York Times, senior lecturer Jonathan Byrnes advocates for a continuous flow of vaccinations to quickly protect the population against Covid-19. “We need two things: 1) a core of highly experienced supply chain managers supplementing the public health professionals; and 2) a management structure, probably under the Defense Production Act, to coordinate, organize and manage the supply chain,” Byrnes writes.
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.
Prof. Yossi Sheffi speaks with Boston 25 reporter Jason Law about how the Covid-19 pandemic is disrupting supply chains. “I don’t think it’s going to be as bad because we are more prepared for this,” says Sheffi of potential impacts caused by the latest rise in Covid-19 cases. “People now in factories and warehouses have dividers that they can work between. Everybody is wearing a mask. People understand the issue better.”
MIT researchers have developed a new system to detect contaminated food by scanning a product’s RFID tags, reports Devin Coldewey for TechCrunch. The system can “tell the difference between pure and melamine-contaminated baby formula, and between various adulterations of pure ethyl alcohol,” Coldewey explains.
Forbes Contributor Steve Banker highlights Prof. Yossi Sheffi’s new book, Balancing Green, which focuses on sustainability in business. As Sheffi explains, “many companies engage in sustainability initiatives to prevent them from having to react to a rising tide of sentiment,” writes Banker. “Getting ahead of these kinds of campaigns can be at the heart of a robust risk management program.”
In a Q&A with The Boston Globe’s Sarah Shemkus, Prof. Yossi Sheffi discusses his new book, Balancing Green, which examines “the challenges and benefits of ‘going green’ in a multilayered global economy.” Sheffi suggests green practices can be advantageous for companies because “certain things also cut costs and increase profit, like energy savings.”
Scientific American reporter Prachi Patel writes that a new study by Prof. Elsa Olivetti found that demand for cobalt, which is critical to electric vehicle batteries, could soon outstrip supply. “The best lithium battery cathodes [negative electrodes] all contain cobalt, and its production is limited,” Olivetti explains.
MIT researchers have developed a system that allows drones to scan and read RFID tags, reports Amy Wallace for UPI. Rather than use the drones to carry RFID readers, researchers found a way to use “the drones to relay signals emitted by a standard RFID reader, allowing for the more effective locating of tags,” writes Wallace.
Inside Higher Ed reporter Carl Straumsheim writes about the results from the first group of students to participate in MIT’s MicroMasters in Supply Chain Management. Sanjay Sarma, MIT’s vice president for open learning, explains that the MicroMasters model has proven to be, “an extraordinary fishing line for talent.”
Writing for CNBC, Ali Montag highlights MIT’s MicroMasters programs and how they offer students around the world a new path to a graduate degree. Montag notes that passing students from the MicroMasters in data, economics and development policy, “are eligible to apply for a master's program on campus at MIT.”
Research associate Matthias Winkenbach speaks with Wall Street Journal reporter Sara Castellanos about how augmented reality could transform how companies manage supply chains. Castellanos explains that Winkenbach “envisions a future where supply chain managers wearing augmented or virtual reality headsets could make quicker decisions, save money and maximize their productivity.”
In an article for the Financial Times, Jayesh Kannan, a graduate student in the Sloan School of Management, discusses how a “beer game” exercise during orientation provided valuable lessons on supply chains and management. The game exemplifies “MIT’s emphasis on education for practical application,” Kannan explains.
WGBH reporter Kirk Carapezza explores MIT’s MicroMasters program in Supply Chain Management, which allows students to complete a master’s degree through online and on-campus courses. Student Danaka Porter explains that the program provides an opportunity to “get education from a fantastic university, as well as be able to continue to keep working.”