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Supply chains

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Displaying 1 - 15 of 38 news clips related to this topic.
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WCVB

WCVB-TV spotlights two MIT startups, True Moringa, a beauty and wellness company that uses the oil from Moringa trees grown in Ghana to directly benefit farmers in Ghana, and Sourcemap, which traces supply chains and provides transparency about where goods are stemming from. Says Kwami Williams ’12, co-founder and CEO, of his inspiration for True Moringa: “I started to ask myself, if aerospace engineers can help put a man on the Moon, then what can I do to help put more food on the table for families” in Ghana.

CBS News

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."

Bloomberg Businessweek

Bloomberg Businessweek reporters Brendan Murray and Enda Curran spotlight the MIT Beer Game, a role-playing exercise that is an annual rite-of-passage for first-year Sloan MBA students that “models the supply-and-demand dynamics among a brewery, distributor, wholesaler, and retailer.” “The pandemic revealed flaws that were latent all along our globalized supply chains,” says Prof. John Sterman. “It’s urgent that we figure out how to improve them so we are prepared for the next shocks, whether another pandemic, civil unrest, climate change—or all of the above.”

CNBC

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.

New York Times

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

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.”

The Wall Street Journal

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. 

Boston 25 News

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.”

TechCrunch

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

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.”

The Boston Globe

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

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. 

United Press International (UPI)

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

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.”

CNBC

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.”