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3 episodes with sheffi
3 episodes with sheffi
2 episodes with sheffi
2 episodes with sheffi
2 episodes with sheffi
Machine learning, generative AI and other technology innovations have the ability to drive safer and more efficient supply chains. Freight-transportation markets are in the early stages of leveraging AI’s capabilities which will be transformational in the years to come. In this Talking Transports podcast, Dr. Yossi Sheffi, director of the MIT Center for Transportation & Logistics, joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to share his insights about the opportunities these new technologies can bring and what it takes for wider adoption. Dr. Sheffi also talks tariffs, autonomous vehicles, warehouse robots, value-added tax (VAT) and how his real-world experience as an entrepreneur helps him to be better in the classroom.See omnystudio.com/listener for privacy information.
In today's new episode of Supply Chain Now, hosts Scott Luton and Sophia Rivas Herrera welcome Dr. Yossi Sheffi, Director of the MIT Center for Transportation and Logistics, to the show. Listen in to a discussion covering a range of topics including the evolving skillsets required for supply chain professionals, the impact of AI on the industry, and the importance of understanding supply chain dynamics for all managers. Dr. Sheffi emphasized the need for risk-taking in business, the practical challenges of sustainability, and the critical role of supply chain knowledge in maintaining competitiveness. The conversation also touched on the future of tariffs and trade policies under the current administration, highlighting the complexities and potential impacts on global supply chains. Join us for this must-listen episode, suited for anyone looking to stay ahead in the ever-evolving field of supply chain management.Additional Links & Resources:Connect with Dr. Sheffi: https://www.linkedin.com/in/yossi-sheffi-b38b731/Learn more about Supply Chain Now: https://supplychainnow.comWatch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-nowSubscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/joinWork with us! Download Supply Chain Now's NEW Media Kit: https://bit.ly/3XH6OVkWEBINAR- The Rise of the Decision Makers: https://bit.ly/42z5GYUWEBINAR- AI Insights for Smarter Shipping Strategies: https://bit.ly/40wwSWDWEBINAR- Embracing Agility for better TMS ROI: https://bit.ly/40CrwIaThis episode is hosted by Scott Luton and Sofia Rivas Herrera, and produced by Joshua Miranda. For additional information, please visit our dedicated show page at: https://supplychainnow.com/candid-supply-chain-conversation-1384
The term ‘supply chain' is relatively new, but the activities involved are not as new as we think. Rob and Jackie sat down with Yossi Sheffi, Director of the MIT Center for Transportation and Logistics, to discuss the complex history of supply chains and how technology and AI will continue to evolve supply chain processes in the future.MentionedYossi Sheffi. The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work, (MIT CTL Media, 2023).RelatedStephen Ezell and Stefan Koester, “Transforming Global Trade and Development With Digital Technologies,” (ITIF, May 2023).
The COVID-19 pandemic threatened to derail supply chain management completely. Or did it? Yossi Sheffi, distinguished MIT professor and an expert with 49 years in supply chain management, breaks down supply chain resilience into five levels and argues that supply chain managers were unsung heroes during the pandemic. Yossi also touches on balancing resilience with sustainability, pointing out that while essential, both can introduce short-term costs and competitive imbalances. He underscores the delicate balance companies must strike between cost management and maintaining multiple suppliers for risk mitigation. He expounds on the role of AI in supply chains, emphasizing the importance of leveraging artificial intelligence for identifying alternative suppliers and predictive analysis. The conversation also delves into the roles of machine learning, large language models, and robotics in evolving supply chains. Despite skepticism about fully autonomous applications like pilotless planes, Yossi highlights ongoing experiments with AI as potential co-pilots. The episode concludes with reflections on the rapid technological evolution impacting the professional landscape and the fabric of daily life. Key takeaways: Resilience in supply chains is crucial for navigating disruptions and maintaining operational continuity. Artificial intelligence (AI) technology is vital for supply chain management despite potential challenges. Supply chain resilience and sustainability are critical concerns, as are the investments in these areas. Connect with GS1 US: Our website - www.gs1us.org GS1 US on LinkedIn Connect with guest: Yossi Sheffi on LinkedIn Check out Yossi's book - The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work
Today's guest is Dr. Yossi Sheffi, Professor of Engineering Systems and Director of the Center for Transportation and Logistics at the Massachusetts Institute of Technology. He is also the author of ‘The Magic Conveyor Belt: Supply Chains, AI and the Future of Work'. Dr. Sheffi returns to the show to expand on his thoughts about where human skills and labor markets are headed in the immediate impact of automated and autonomized workflows thanks to AI capabilities in logistics and manufacturing. To discover more AI use cases, best practice guides, white papers, frameworks, and more, join Emerj Plus at emerj.com/p1.
In 2020, the World Economic Forum estimated that AI might destroy 85 million jobs by 2025. A 2022 study by the US Government Accountability Office (GAO) found that between 9 and 47% of jobs could be automated, particularly jobs requiring lower education levels or more routine tasks. Not surprisingly, workers, particularly low-skilled ones, perceive automation—specifically robots—as threatening their jobs. Fear and resentment toward job-stealing machines are not new. Throughout the series of overlapping industrial revolutions in history, many jobs were indeed diminished or replaced by machines. Yet, other jobs were created over time. Prof Yossi Sheffi shares his thoughts on the future of work and workers. We welcome back Professor Yossi Sheffi for the finale of our series on his book, "The Magic Conveyor Belt: Supply Chains, A.I., and The Future of Work." 00:00:00.000 The Impact of Automation on Jobs 00:02:39.488 The Fifth Industrial Revolution and Amplifying Human Creativity 00:03:46.708 Job Creation and Unemployment Rates 00:06:23.573 The Slow Pace of Job Displacement and Regulation 00:09:00.668 Technology Always Wins, Companies Must Invest in Workers' Skills 00:11:47.371 Negotiating for Skill Upgrades in the Advanced AI World 00:14:13.311 Regulation as a Short-Term Game, Reinvesting in Skills 00:16:12.024 The Impact of Automation on Logistics Jobs 00:17:26.473 The Rise of Autonomous Tracking and Workforce Preparation 00:19:36.312 The Impact of Model T on Job Creation 00:21:40.769 The Three Stages of Job Transformation: De-skilling, Scaling, Elimination 00:24:40.238 Job Changes and Creation in Automation 00:27:13.249 AI and Automation: Journalists' Fears and Future Job Opportunities 00:35:49.159 The Importance of Purpose After Retirement 00:36:50.790 The Importance of Investing in the Future 00:40:07.188 Staying Relevant in an Evolving Job Market 00:44:16.591 The Social Dimension of Automated Jobs 00:47:35.298 Embracing Change and Adapting to Working with Machines That HBR article Yossi mentions:
Supply Chain Careers podcast hosts - Mike Ogle and Rodney Apple speak with Yossi Sheffi, the Elisha Gray II Prof. of Engineering Systems at MIT, where he serves as Director of the Center for Transportation and Logistics.In this episode, Dr. Sheffi begins with his civil engineering start and move toward urban transportation and then to management of transportation systems in general. He explains the need for soft skills to complement the technical skills when working to get solutions developed and implemented. Yossi talks about the tremendous growth and continued demand for their onsite and online masters candidates, whether it is degree or certificate programs. He sees the great interest in AI coupled with the growing awareness of supply chain. He provides thoughts about his recent book, "The Magic Conveyor Belt: Supply Chains, AI, and the Future of Work" and the incredible changes that have taken place, with more to come, in supply chain. He closes with his thoughts about education in general, including ways of continuous learning, and how we should be developing future generations to support our supply chain systems.Are you an employer looking for assistance with hiring Supply Chain Professionals?Head here to learn about our Supply Chain RecruitersWant to explore more supply chain career resources?Head over to SCM Talent Group!Want to apply for available Supply Chain Jobs?Head over to our Supply Chain Job Board!
Part 2 covers the “Further Complexity and Challenges” of supply chains, and you explore how the last 50 years have added even more complexity. This part covers the rising demand for goods and the increasing consumer expectations for fast, perfect delivery services. 00:00:00.751 Introduction: Further Complexity and Challenges in Supply Chains 00:01:41.748 The Evolution of Industrial Revolutions 00:14:39.859 Short-term Focus of Wall Street and Cost Cutting 00:16:51.371 Ethical Companies with Veto Power in Supply Chain 00:19:05.497 Complexity of Supply Chain Leads to Lack of Transparency 00:22:18.074 The Hidden Structure of Supply Chains Revealed 00:22:58.371 Supplier Secrecy and Business Management 00:24:55.140 The Horsemeat Scandal: Lack of Awareness 00:26:35.611 IKEA's Past Controversies and Sustainability Efforts 00:29:55.209 The Function of Free Trade Zones 00:35:23.620 The Dilemma of Climate Change and Consumer Behavior 00:39:22.406 VUCA: Volatility, Uncertainty, Complexity, and Ambiguity in Supply Chains 00:41:55.300 Moving Final Production Step to Vietnam for Political Reasons 00:42:27.457 Environmental concerns and reliance on Chinese materials 00:45:22.956 Costly Investments in Emergency Operations and Drills 00:48:11.291 The Success Story of Private Equity and Innovation 00:50:47.965 The Bullwhip Effect: Supplier Reactions and Market Fluctuations Mentioned by Yossi: In a visit to MIT, FedEx founder Frederick Smith shares thoughts on innovation:
Today's book explains why supply chains are complicated to operate (and getting more challenging!). Fortunately, future managers can employ a combination of suitably educated employees and digital technology to manage ever-higher complexity successfully. People and companies can use digital technologies to make themselves more efficient and more effective in addressing the expanding and changing needs of the planet. Our guest is the author of a 1985 textbook on transportation networks and eight management books dealing with supply chain resilience, sustainability, and industrial clustering; we welcome the author of The Magic Conveyor Belt: Supply Chains, A.I., and The Future of Work, we welcome Professor Yossi Sheffi. 00:00:00.067 The Challenges of Operating Supply Chains 00:03:23.626 The Complexity of Supply Chains and Appreciation for Efforts 00:05:21.979 The Complexity of Global Supply Chains 00:06:57.421 Complexity of Supply Chains in Automobile Industry 00:13:35.997 The Surprising Complexity of the Banana Supply Chain 00:18:23.385 The Supply Chain: Synchronizing Supply and Demand 00:24:35.818 Unforeseen Impacts: How Disruptions Ripple Through the Chain 00:30:00.944 Supply Chain Managers: Victims of their own Success 00:32:40.419 Insights on Outsourcing and Offshoring in China 00:33:34.670 China's Rise as a Manufacturing Powerhouse 00:38:56.587 Mysterious Fibers Replacing Materials in Airplanes 00:39:11.269 China's Dominance in Bonding Agents and Rare Earth Materials 00:40:52.177 The Unpleasant Choices in Balancing Priorities 00:43:40.989 Outsourcing, Offshoring, and the Complexity of Supply Chains 00:51:38.755 The Complex and Efficient Manufacturing of Cheap T-Shirts 00:53:42.528 Conspicuous Consumption and Food Waste in the United States
In Episode 77, Dr. Yossi Sheffi, iconic thought leader and professor at MIT, innovator, and author of a new book ‘ The Magic Conveyor Belt' chats with host Sheri Hinish about the future of supply chain including the people, exponential technology, and disruptive themes that will shape the future of the profession. This book offers explanations to pressing supply chain topics and much more, with historical perspectives and modern examples. It covers contemporary issues of outsourcing and re-shoring, sustainability, resilience, regulations and the social, managerial, and policy issues resulting from technological innovations. Additional topics covered in this episode include: how tech adoption has shaped and helped humanity, how technology has repurposed jobs, the digital divide, the impact of AI and ChatGPT on the future of work and automation, and freeform flow on sustainability, quantum, nuclear, and many other political, provocative topics! In the Magic Conveyor Belt, Professor Sheffi lays the foundation for understanding supply chains and the characteristics that make them complex. In Part 1 of the book “The Global Dance,” he delves into the often-hidden intrinsic structure of supply chains to ground the reader in the challenges of managing the mammoth networks involved. Part 2, “Further Complexity and Challenges,” shows how the last 50 years have added even more complexity to supply chains. This part covers the rising demand for goods, as well as the increasing consumer expectations for fast, perfect delivery services. The relevance on technology creates a sobering thought around the digital divide. The digital divide is multifaceted and includes many factors such as access, affordability, quality, and relevance. As Michael Kende wrote, “the digital divide is not a binary.” These gaps in availability, affordability, interest, and digital literacy. The UN's Broadband Commission for Sustainable Development estimates that nearly 3.6 billion people remain totally unconnected to the Internet by any measure. This means there are around 4.1 billion people online, about 53.6% of the global population. What does the future hold for global supply chains and countries, economies, marginalized communities left behind in a technology infused world? The capabilities and future roles of automation, robotics, and artificial intelligence are changing and augmenting the jobs held by workers—covered in Parts 3 and 4. Elements of the book trace the implications of multiple trends in the operating environment for tomorrow's global supply chains, as they change and augment the jobs held by workers. While many of the new skills require technical knowhow, it is social skills, ironically, that may be a key for future human employment in an economy dominated by technology. To learn more about The Magic Conveyor Belt, visit https://a.co/d/0mUVNYq To connect with Yossi Sheffi on linkedin, visit https://www.linkedin.com/in/yossi-sheffi-b38b731/ To connect with Host Sheri Hinish, visit https://www.linkedin.com/in/supplychainqueen/
Why is Memphis home to hundreds of motor carrier terminals and distribution centers? Why does the tiny island-nation of Singapore handle a fifth of the world's maritime containers and half the world's annual supply of crude oil? Which jobs can replace lost manufacturing jobs in advanced economies? Some of the answers to these questions are rooted in the phenomenon of logistics clusters—geographically concentrated sets of logistics-related business activities. In Logistics Clusters, supply chain management expert Yossi Sheffi explains why Memphis, Singapore, Chicago, Rotterdam, Los Angeles, and scores of other locations have been successful in developing such clusters while others have not. Sheffi outlines the characteristic “positive feedback loop” of logistics clusters development and what differentiates them from other industrial clusters; how logistics clusters “add value” by generating other industrial activities; why firms should locate their distribution and value-added activities in logistics clusters; and the proper role of government support, in the form of investment, regulation, and trade policy. Sheffi also argues for the most important advantage offered by logistics clusters in today's recession-plagued economy: jobs, many of them open to low-skilled workers, that are concentrated locally and not “offshorable.” These logistics clusters offer what is rare in today's economy: authentic success stories. For this reason, numerous regional and central governments as well as scores of real estate developers are investing in the development of such clusters. Yossi Sheffi is Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics. He has worked with leading manufacturers and logistics service providers around the world on supply chain issues and is an active entrepreneur, having founded or cofounded five companies since 1987. He is the author of The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press) and Urban Transportation Networks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/geography
Why is Memphis home to hundreds of motor carrier terminals and distribution centers? Why does the tiny island-nation of Singapore handle a fifth of the world's maritime containers and half the world's annual supply of crude oil? Which jobs can replace lost manufacturing jobs in advanced economies? Some of the answers to these questions are rooted in the phenomenon of logistics clusters—geographically concentrated sets of logistics-related business activities. In Logistics Clusters, supply chain management expert Yossi Sheffi explains why Memphis, Singapore, Chicago, Rotterdam, Los Angeles, and scores of other locations have been successful in developing such clusters while others have not. Sheffi outlines the characteristic “positive feedback loop” of logistics clusters development and what differentiates them from other industrial clusters; how logistics clusters “add value” by generating other industrial activities; why firms should locate their distribution and value-added activities in logistics clusters; and the proper role of government support, in the form of investment, regulation, and trade policy. Sheffi also argues for the most important advantage offered by logistics clusters in today's recession-plagued economy: jobs, many of them open to low-skilled workers, that are concentrated locally and not “offshorable.” These logistics clusters offer what is rare in today's economy: authentic success stories. For this reason, numerous regional and central governments as well as scores of real estate developers are investing in the development of such clusters. Yossi Sheffi is Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics. He has worked with leading manufacturers and logistics service providers around the world on supply chain issues and is an active entrepreneur, having founded or cofounded five companies since 1987. He is the author of The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press) and Urban Transportation Networks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Why is Memphis home to hundreds of motor carrier terminals and distribution centers? Why does the tiny island-nation of Singapore handle a fifth of the world's maritime containers and half the world's annual supply of crude oil? Which jobs can replace lost manufacturing jobs in advanced economies? Some of the answers to these questions are rooted in the phenomenon of logistics clusters—geographically concentrated sets of logistics-related business activities. In Logistics Clusters, supply chain management expert Yossi Sheffi explains why Memphis, Singapore, Chicago, Rotterdam, Los Angeles, and scores of other locations have been successful in developing such clusters while others have not. Sheffi outlines the characteristic “positive feedback loop” of logistics clusters development and what differentiates them from other industrial clusters; how logistics clusters “add value” by generating other industrial activities; why firms should locate their distribution and value-added activities in logistics clusters; and the proper role of government support, in the form of investment, regulation, and trade policy. Sheffi also argues for the most important advantage offered by logistics clusters in today's recession-plagued economy: jobs, many of them open to low-skilled workers, that are concentrated locally and not “offshorable.” These logistics clusters offer what is rare in today's economy: authentic success stories. For this reason, numerous regional and central governments as well as scores of real estate developers are investing in the development of such clusters. Yossi Sheffi is Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics. He has worked with leading manufacturers and logistics service providers around the world on supply chain issues and is an active entrepreneur, having founded or cofounded five companies since 1987. He is the author of The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press) and Urban Transportation Networks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Why is Memphis home to hundreds of motor carrier terminals and distribution centers? Why does the tiny island-nation of Singapore handle a fifth of the world's maritime containers and half the world's annual supply of crude oil? Which jobs can replace lost manufacturing jobs in advanced economies? Some of the answers to these questions are rooted in the phenomenon of logistics clusters—geographically concentrated sets of logistics-related business activities. In Logistics Clusters, supply chain management expert Yossi Sheffi explains why Memphis, Singapore, Chicago, Rotterdam, Los Angeles, and scores of other locations have been successful in developing such clusters while others have not. Sheffi outlines the characteristic “positive feedback loop” of logistics clusters development and what differentiates them from other industrial clusters; how logistics clusters “add value” by generating other industrial activities; why firms should locate their distribution and value-added activities in logistics clusters; and the proper role of government support, in the form of investment, regulation, and trade policy. Sheffi also argues for the most important advantage offered by logistics clusters in today's recession-plagued economy: jobs, many of them open to low-skilled workers, that are concentrated locally and not “offshorable.” These logistics clusters offer what is rare in today's economy: authentic success stories. For this reason, numerous regional and central governments as well as scores of real estate developers are investing in the development of such clusters. Yossi Sheffi is Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics. He has worked with leading manufacturers and logistics service providers around the world on supply chain issues and is an active entrepreneur, having founded or cofounded five companies since 1987. He is the author of The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press) and Urban Transportation Networks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Living With AI Podcast: Challenges of Living with Artificial Intelligence
This special episode features Dr Yossi Sheffi, the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology.Dr Sheffi is an expert in supply chains, having written several books on the topic.Podcast Host: Sean Riley The UKRI Trustworthy Autonomous Systems (TAS) Hub Website
Listen in as Yossi Sheffi discusses his new book, The Magic Conveyor Belt, and the state of supply chain management. On this episode of The Rebound, MIT professor and author Yossi Sheffi talks about his latest book and what supply chain leaders learned from the pandemic that's making supply chains better than ever. ASCM (www.ascm.org) CEO Abe Eshkenazi and SCMR Editor Bob Trebilcock host. The last time MIT professor and author Yossi Sheffi was on The Rebound, it was to discuss his then new book on supply chain's role in the development and distribution of the COVID vaccines. That was a time of incredible disruption, but even then, Sheffi, one of the industry's real thought leaders, was arguing that supply chains didn't fail: They performed heroically and exactly as designed. On this episode of The Rebound, Sheffi is back to discuss his newest book, The Magic Conveyor Belt, as well as the lessons we all learned from the pandemic that are shaping the supply of tomorrow. Be sure to listen wherever you get your podcasts.
Today's guest is Dr. Yossi Sheffi, Professor of Engineering Systems and Director of the Center for Transportation and Logistics at the Massachusetts Institute of Technology. He is also the author of ‘The Magic Conveyor Belt: Supply Chains, AI and the Future of Work.' In conversation with Emerj Senior Editor Matthew DeMello, Dr. Sheffi analyzes the different challenges facing logistics and manufacturing leaders when it comes to ascendent AI technologies like autonomous freight. Later their discussion offers insight on where human judgment is still very necessary to build trust into workflows.
Supply chains have faced several challenges over the last few years, and there is no end in sight. They have overcome the danger of food shortages and PPE scarcity and are now bracing for the impact of driverless vehicles and omnipresent AI. There is never a dull moment when you work in supply chain.Dr. Yossi Sheffi is the Director of the MIT Center for Transportation and Logistics, the Elisha Gray II Professor of Engineering Systems, Professor of MIT Civil and Environmental, and an Engineering Professor at the MIT Institute of Data Science and Society. He is also the author of The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work, published in March of 2023.In this episode, Dr. Sheffi speaks with co-hosts Scott Luton and Greg White about:- Why now is the most exciting time to work in supply chain - despite the challenges- How the politicization of everything makes it harder than ever to run companies and manage supply chains- The key takeaways that he hopes readers will find in his book: The Magic Conveyor Belt: Supply Chains, A.I., and the Future of WorkAdditional Links & Resources:Learn more about Supply Chain Now: https://supplychainnow.comCheck out our new Supply Chain Now Media Kit: https://bit.ly/3emdLcKSubscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribeJoin the NOW Community: http://bit.ly/41kpUSO2023 Q1 U.S. Bank Freight Payment Index: https://bit.ly/3VuwnIkWEBINAR- “Decoding Digital Transformation” – Charting a path forward: https://bit.ly/3VvVc6VWEBINAR- The Power of Spend Visibility: A Roadmap for Success: https://bit.ly/3WToUU5WEBINAR- 5 Ways the Right TMS & ERP Integrations Streamline & Simplify Shipping: https://bit.ly/3CjWWYaWEBINAR- Unbreakable: Unlocking Resilience in the Face of Disruptions: https://bit.ly/42VHGM3WEBINAR- Better Demand Planning with Supply Chain Visibility: https://bit.ly/3NpgQpGThis episode is hosted by Scott Luton and Greg White. For additional information, please visit our dedicated show page at: https://supplychainnow.com/when-supply-chains-grapple-ai-geopolitics-mit-1140
Professor Yossi Sheffi is Director of the MIT Center for Transportation & Logistics (MIT CTL), and Director and Founder of the Master of Engineering in Logistics Program. He is a faculty member of the MIT Civil and Environmental Engineering Department, as well as the Institute for Data, Systems, and Society. Professor Sheffi has shared his knowledge through his books, including his latest, "The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work." He has been one of the leaders in the field at educating and sharing with the general public the wonders of supply chain logistics. Discover more details here.Some of the highlights of the episode:Why Dr. Sheffi wrote the book "The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work"Case studies and examples of the magic of the conveyer beltAre all human jobs doomed?Artificial Intelligence in supply chain and the future of workImportance of people in monitoring processesTransition and societal acceptance of Artificial IntelligenceProgress in the education sectorFollow us on:Instagram: http://bit.ly/2Wba8v7Twitter: http://bit.ly/2WeulzXLinkedin: http://bit.ly/2w9YSQXFacebook: http://bit.ly/2HtryLd
Dr. Yossi Sheffi and Joe Lynch discuss AI and the future of supply chain, which is the central theme of Yossi's latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation & Logistics (CTL). About Dr. Yossi Sheffi Dr. Yossi Sheffi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics (CTL). He is an expert in systems optimization, risk and resilience, and supply chain management, topics he researches and teaches at MIT and other leading business and engineering schools. Professor Sheffi is the author of a 1985 textbook on transportation networks and eight management books, dealing with supply chain resilience, sustainability, industrial clustering, and other business management issues. His latest books include The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19 (2020) and A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World (2021). His latest book, The Magic Conveyor Belt: Supply Chains, A.I., and The Future of Work, was released in April 2023. Under his leadership, MIT CTL has launched many educational, research, and industry/government outreach programs, including the MIT Master of Engineering in Logistics program in 1998, the MIT Master of Applied Sciences in Supply Chain Management, and the MIT on-line offering, MITx MicroMasters program in supply chain management. Launched in 2016, the program had its one millionth registrant at the end of 2022. Outside academia, Professor Sheffi has consulted with numerous government agencies as well as leading manufacturing, retail, and transportation enterprises all over the world. He is also an active entrepreneur, having founded five successful companies, all acquired by larger enterprises, and a sought-after speaker at corporate and professional events. About The Magic Conveyor Belt (Yossi's new book) The societal and economic spasms of the early 2020s highlighted the crucial role of world-spanning supply chains in the modern global economy, as well as the growing role of digital technology, including A.I. and automation, in the future economy. In The Magic Conveyor Belt, MIT Professor Yossi Sheffi explains what supply chains are, how they operate, and how the integration of advanced technology with people and processes will be the hallmark of future supply chain management. Professor Sheffi lays the foundation for understanding supply chains and the characteristics that make them complex. In Part 1 of the book, “The Global Dance,” he delves into the often-hidden intrinsic structure of supply chains to ground the reader in the challenges of managing the mammoth networks involved. Part 2, “Further Complexity and Challenges,” shows how the last 50 years have added even more complexity to supply chains. This part covers the rising demand for goods, as well as the increasing consumer expectations for fast, perfect delivery services. The capabilities and future roles of automation, robotics, and artificial intelligence are changing and augmenting the jobs held by workers—covered in Parts 3 and 4. Elements of the book trace the implications of multiple trends in the operating environment for tomorrow's global supply chains, as they change and augment the jobs held by workers. While many of the new skills require technical knowhow, it is social skills, ironically, that may be a key for future human employment in an economy dominated by technology. About MIT Center for Transportation & Logistics (CTL) The MIT Center for Transportation & Logistics has been a global leader in supply chain management innovation, education, and research for fifty years. It has educated practitioners worldwide and has helped numerous companies gain a competitive advantage from its cutting-edge research. Key Takeaways: AI and the Future of Supply Chain Dr. Yossi Sheffi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics (CTL). In the podcast interview, Yossi and Joe discuss AI and the future of supply chain, which is the central theme of Yossi's latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work The topics below were touched on in the podcast and covered in much more depth in Yossi's book, The Magic Conveyor Belt: Demystifying the murky depths, twists, and turns of supply chains. A.I. - job killer or job creator? The 5th Industrial Revolution: Why human and A.I. collaboration is the future. Exploring the complex production systems of consumer goods, from Grape-Nuts to diapers. The March of the Machines: fears of job-stealing tech across time. Following the journey of the t-shirt from factory to retailer. How critical components can flip a supply chain from plenty to shortages. The impact of digital technology on supply chain management. Technology is not enough – the drawbacks of automated systems. The challenge of entry-level employment for future generations. Five skills to retain employment in a world with growing levels of automation. Future trends in world supply chains and economies. Six areas humans surpass computers in supply chain operations. Environmental sustainability and the impact of climate change on supply chains. Why supply chains actually worked well during the pandemic. How technology is the key to sustainability. Learn More About AI and the Future of Supply Chain Dr. Yossi Sheffi on LinkedIn The MIT Center for Transportation & Logistics on LinkedIn MIT Center for Transportation & Logistics The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work MIT Center for Transportation and Logistics with Chris Caplice Episode Sponsor: Port X Logistics Is Drayage Just Drayage with Brian Kempisty Episode Sponsor: Lean Solutions Group Outsourced Sales and Marketing with Ryan Mann The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
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Dr. Yossi Sheffi is an academic, author, entrepreneur and thought leader in engineering systems. He is the Director of the MIT Center for Transportation and Logistics (CTL) and the Elisha Gray II Professor, where he focuses on systems optimization, risk management, and supply chain operations. Dr. Sheffi has authored influential books on management, including "The New (Ab)Normal" and "A Shot in the Arm." His new book, "The Magic Conveyor Belt," explores the future of supply chains and automation.Dr Yossi Sheffi BiographyDr. Yossi Sheffi is an esteemed academic and thought leader in the field of engineering systems. He holds the prestigious Elisha Gray II Professorship at the Massachusetts Institute of Technology (MIT) and serves as the Director of the MIT Center for Transportation and Logistics (CTL). With a focus on systems optimization, risk management, and supply chain operations, Dr. Sheffi conducts groundbreaking research and imparts his knowledge to students at MIT and other leading institutions worldwide.An accomplished author, Dr. Sheffi has written numerous influential books on management, including notable works such as "The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19" (2020) and "A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World" (2021). His forthcoming book, "The Magic Conveyor Belt: Supply Chains, A.I., and The Future of Work," released in April 2023, offer fresh insights into the evolving landscape of supply chains and automation.Under Dr. Sheffi's guidance, the MIT CTL has achieved remarkable milestones, launching groundbreaking programs and initiatives. These include the MIT Master of Engineering in Logistics program, established in 1998, and the widely acclaimed MITx MicroMasters program in supply chain management, which has attracted over a million registrants since its inception in 2016. Dr. Sheffi's leadership and dedication to advancing education and industry collaboration have cemented the MIT CTL's reputation as a global hub for supply chain excellence.Dr. Sheffi's influence extends beyond academia through his consulting work with government agencies and prominent global enterprises in the manufacturing, retail, and transportation sectors. Additionally, he is a serial entrepreneur, having successfully founded and led five companies, including LogiCorp; PTCG; e-Chemicals; Logistics.com; and Syncra Systems. All of them were later acquired by larger organizations. His expertise and captivating speaking style have made him a sought-after speaker at corporate and professional events worldwide.Dr. Sheffi's academic journey includes earning a B.Sc. from the Technion in Israel (1975), an S.M. from MIT (1977), and a Ph.D. from MIT (1978). Currently residing in Boston, Massachusetts, Dr. Sheffi continues to inspire and shape the field of engineering systems through his remarkable contributions to research, education, and industry innovation.Learn more about Dr. Yossi Sheffi on https://openbusinesscouncil.org/wiki/yossi-sheffi About Dinis Guarda profile and Channelshttps://www.openbusinesscouncil.orghttps://www.intelligenthq.comhttps://www.hedgethink.com/https://www.citiesabc.com/https://openbusinesscouncil.org/wiki/dinis-guardaMore interviews and research videos on Dinis Guarda YouTube
In this episode Lauren Hawker Zafer is joined by Dr. Yossi Sheffi Who is Dr. Yossi Sheffi? Dr. Yossi Sheffi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics (CTL). He is an expert in systems optimization, risk analysis and supply chain management, which are the subjects he researches and teaches at MIT, both at the MIT School of Engineering and at the Sloan School of Management. From 2007 to 2011 he served as Head of MIT's Engineering Systems Division. In these years he set up the administrative structure, launched a successful PhD program, hired and promoted several faculty members and set the long term strategy of the division. Dr. Sheffi has been recognized in numerous ways in academic and industry forums, including the 1997 Distinguished Service Award given by the Council of Supply Chain Management Professionals. He is the author of several books including his latest "The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work." Why this Episode? With the expert input of Dr. Yossi Sheffi, this episode explores the implications of AI on job roles, skill requirements, and overall workplace dynamics, providing a comprehensive overview of what lies ahead in this transformative era. By listening to this episode, you'll not only stay informed about the latest advancements but also gain practical advice on how to adapt and thrive in an AI-enabled world, making it a must-listen for anyone interested in preparing for the future of work. REDEFINING AI is powered by The Squirro Academy - learn.squirro.com. Try our free courses on AI, ML, NLP and Cognitive Search at the Squirro Academy and find out more about Squirro here.
Spotlight Ten is a snippet from our upcoming episode: Dr. Yossi Sheffi - The Etchings of an AI Enabled World - The Future of Work. Listen to the full episode, as soon as it comes out by subscribing to Redefining AI. Who is Dr. Yossi Sheffi? Dr. Yossi Sheffi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics (CTL). He is an expert in systems optimization, risk analysis and supply chain management, which are the subjects he researches and teaches at MIT, both at the MIT School of Engineering and at the Sloan School of Management. From 2007 to 2011 he served as Head of MIT's Engineering Systems Division. In these years he set up the administrative structure, launched a successful PhD program, hired and promoted several faculty members and set the long term strategy of the division. Dr. Sheffi has been recognized in numerous ways in academic and industry forums, including the 1997 Distinguished Service Award given by the Council of Supply Chain Management Professionals. He is the author of several books including his latest "The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work." Why this Episode? With the expert input of Dr. Yossi Sheffi, this episode explores the implications of AI on job roles, skill requirements, and overall workplace dynamics, providing a comprehensive overview of what lies ahead in this transformative era. By listening to this episode, you'll not only stay informed about the latest advancements but also gain practical advice on how to adapt and thrive in an AI-enabled world, making it a must-listen for anyone interested in preparing for the future of work.
Dr. Yossi Sheffi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics (CTL). He is an expert in systems optimization, risk analysis and supply chain management, which are the subjects he researches and teaches at MIT, both at the MIT School of Engineering and at the Sloan School of Management. From 2007 to 2011 he served as Head of MIT's Engineering Systems Division. In these years he set up the administrative structure, launched a successful PhD program, hired and promoted several faculty members and set the long term strategy of the division. Dr. Sheffi has been recognized in numerous ways in academic and industry forums, including the 1997 Distinguished Service Award given by the Council of Supply Chain Management Professionals. Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on: Facebook: https://www.facebook.com/mspradionews/ Twitter: https://twitter.com/mspradionews/ Instagram: https://www.instagram.com/mspradio/ LinkedIn: https://www.linkedin.com/company/28908079/
Yossi Sheffi, Elisha Grey II Professor of Engineering Systems at MIT and LinkedIn's Top Voice, spoke to Rudolf Falat, founder of the Voice of FinTech podcast, about the role of AI in supply chains, its impact on international trade and finance and his latest book: The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi's backstory Supply chains have become a mainstream topic of conversation in the last few years. So, as a recap, what has been happening with supply chains lately? Did the supply chain fail us regarding chips, medicine, and prices? Supply chains have become increasingly complex to navigate. Will we see a step back to more local, straightforward supply chains? Will it also impact the impact of supply chains on the environment? How does digital technology impact supply chain management? Specifically, how can AI help? Supply chain comprises multiple actors with various budgets. Not everyone can afford SAP. What do you think about connectors developed by various IT consultants that should improve visibility through the supply chain and help AI do its magic? Technology is often insufficient–what are automated systems' drawbacks? What are key skills to retain employment in a world with growing levels of automation? Favorite business book: The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail The best way to reach out: sheffi@mit.edu
A SEAT at THE TABLE: Leadership, Innovation & Vision for a New Era
The pandemic put supply chains in the spotlight. Companies doubled down on identifying weak links and looking for solutions to ensure greater resilience in the future.Most people believe the solution - or at least the foundational part of it - is greater automation and digitisation. But what if we are misunderstanding the problem? Or maybe just need to look at it from a different perspective?Could we be overlooking incredible supply chain strengths and opportunities that resulted from the unexpected stress test of a global pandemic?I'm Jane Singer and today we're talking with Dr. Yossi Sheffi, an award-winning global supply chain expert and Director of the MIT Center for Transportation and Logistics. He is the author of nine books, including the soon - to - be -released The Magic Conveyor Belt: Supply Chains, A.I., and The Future of Work. According to Dr. Sheffi, the pandemic was proof of how resilient supply chains actually are. He further challenges our conventional wisdom by arguing that despite the power of AI, there are many things that we still need people to do.There's a lot to unpack - and I would have loved to spoken with Dr. Sheffi for much longer if time permitted. However he covers a lot of thought provoking insights here … and for the rest … well we'll just have to read his new book.In this episode of a Seat at The Table Dr. Sheffi discusses:1. Where global supply chains proved how resilient they actually are.2. The greatest vulnerability in over reliance on automation.3. Where humans surpass computers in supply chain operations.One of the biggest challenges companies face is finding the right people with the right expertise to help them adapt to an environment that is increasingly driven by advanced technology.The developments are happening so quickly that even seasoned IT people are struggling to keep pace.That's why a growing number of companies are looking to Asianet Consultants to help them find that all important IT talent.Asianet has a long history of being able to fill even those really difficult to fill positions. The team there has a vast network within key supply chain functions giving them access to some of the region's top talent.In the meantime, let's sit down with Dr. Sheffi and find out what we might be overlooking about supply chains.USEFUL LINKS:Asianet Consultants: https://asianetconsultants.comConnect with Dr. Yossi Sheffi: https://sheffi.mit.edu/ or https://www.linkedin.com/in/yossi-sheffi-b38b731/Dr. Yossi Sheffi's newest book: https://sheffi.mit.edu/magicbeltVisit A Seat at The Table's website at https://seat.fm
In this episode, James talks with Shefi Ben-Hutta, Founder of Coverager. To learn more about Coverager, visit https://coverager.com/. Visit our website to join our email list, get the scoop on our LIVE coaching calls and never miss an episode: https://www.agencyfreedom.com Connect with Agency Freedom Podcast on Facebook at the Agency Freedom Podcast group: https://www.facebook.com/groups/agencyfreedom Email us at podcast@agencyfreedom.com with ideas, questions, complaints or your favorite grilling recipe. Episode Highlights: Shefi shares her background story and experience in the insurance industry. (3:32) Shefi discusses her experiences as an insurance professional in Israel. (5:58) Sheffi explains how Israel's insurance industry deals with terrorism and why she migrated to America. (16:26) Shefi mentions that working for a startup company that sold technology software to independent agents brought her to the United States. (20:07) Shefi discusses how she made the choice to leave the carrier side and focus her career on Coverager. (25:16) Shefi shares what led her to start Coverager, an online newsletter and database that creates and curates coverage on the most pressing topics relevant to the insurance industry. (31:54) Shefi mentions that Coverager has a lot of automated technologies, which allows them to be a small team while still being integrated and aware of what everyone is doing. (40:32) Shefi mentions that when individuals start businesses, they need to pay attention to how they grow, who they market to, and how they acquire their audience. (42:29) Shefi explains that InsurTech is a mindset and embedded insurance is a strategy. (46:45) Shefi discusses advocating for the independent agent channel to better use embedded as a distribution category and conduct activities in the embedded space inside an independent agency office. (53:53) Key Quotes: “I found my meaning with Coverager because I find my meaning with being able to influence what people think and what they do. And it really feels like we're at the center of InsurTech. And there's so much innovation around us.” - Shefi Ben-Hutta “You have to do what others are not doing. In insurance, it's pay to play. ” - Shefi Ben-Hutta “It doesn't matter what you do once in a while. It matters what you do every day.” - Shefi Ben-Hutta
In this episode, James talks with Shefi Ben-Hutta, Founder of Coverager. To learn more about Coverager, visit https://coverager.com/. Visit our website to join our email list, get the scoop on our LIVE coaching calls and never miss an episode: https://www.agencyfreedom.com Connect with Agency Freedom Podcast on Facebook at the Agency Freedom Podcast group: https://www.facebook.com/groups/agencyfreedom Email us at podcast@agencyfreedom.com with ideas, questions, complaints or your favorite grilling recipe. Episode Highlights: Shefi shares her background story and experience in the insurance industry. (3:32) Shefi discusses her experiences as an insurance professional in Israel. (5:58) Sheffi explains how Israel's insurance industry deals with terrorism and why she migrated to America. (16:26) Shefi mentions that working for a startup company that sold technology software to independent agents brought her to the United States. (20:07) Shefi discusses how she made the choice to leave the carrier side and focus her career on Coverager. (25:16) Shefi shares what led her to start Coverager, an online newsletter and database that creates and curates coverage on the most pressing topics relevant to the insurance industry. (31:54) Shefi mentions that Coverager has a lot of automated technologies, which allows them to be a small team while still being integrated and aware of what everyone is doing. (40:32) Shefi mentions that when individuals start businesses, they need to pay attention to how they grow, who they market to, and how they acquire their audience. (42:29) Shefi explains that InsurTech is a mindset and embedded insurance is a strategy. (46:45) Shefi discusses advocating for the independent agent channel to better use embedded as a distribution category and conduct activities in the embedded space inside an independent agency office. (53:53) Key Quotes: “I found my meaning with Coverager because I find my meaning with being able to influence what people think and what they do. And it really feels like we're at the center of InsurTech. And there's so much innovation around us.” - Shefi Ben-Hutta “You have to do what others are not doing. In insurance, it's pay to play. ” - Shefi Ben-Hutta “It doesn't matter what you do once in a while. It matters what you do every day.” - Shefi Ben-Hutta
Go to https://try.lingoda.com/UTS_LanguageSprint and use our code UTS09 to get 20€ ($25) off your deposit when signing up for the Lingoda Sprint! #sprint202209 After we had to cancel our last episode due to illness and travels, we're back with a new episode in which we discuss Josh's recent trips to the US and France, and the weird sensation referred to as "reverse culture shock" that both of us have plenty of experience with when visiting our respective home countries. Have you experienced reverse culture shock before too? Mentioned videos: EP7: From India to the USA - Experiences of an International Student feat. Sheffi ▸https://youtu.be/7NtB0gVE_iQ EP34: La vie avec les boches - From France to Munich feat. Laetitia & Chloé ▸https://youtu.be/aPxNaFGjcV8 EP50: From Ukraine to Germany - When War Forces One to Leave Home feat. Anna ▸https://youtu.be/AgsOWbayxx0 EP26: Different Personalities in Different Languages? ▸https://youtu.be/B3wjaqSHP7Q REVERSE CULTURE SHOCK returning to Germany from the USA | Feli from Germany ▸https://youtu.be/yIUyaHJAoYk EP47: On The Road! Driving in Germany vs. USA ▸https://youtu.be/U3cFYazUZUI EP55: How to Spend a Summer - Cincinnati vs. Munich ▸https://youtu.be/F_LfKg0UIKQ EP44: Friday Night Lights in a Quaint German Town feat. NALF ▸https://youtu.be/YzCaiPSCcO0 You can also watch this podcast on YouTube or listen on Spotify, Apple Podcasts, Google Podcasts, Podbean, Amazon Music, and iHeart Radio! Buy our merch ▸https://felifromgermany.com/collections/understanding-train-station • Follow us on Instagram▸instagram.com/understandingtrainstation • Support us on Patreon▸patreon.com/understandingtrainstation • Buy us a coffee▸buymeacoffee.com/utspodcast • Email us▸understandingtrainstation@gmail.com Check out all the videos with Josh and Feli on the "Feli from Germany" YouTube channel▸https://www.youtube.com/playlist?list=PLvcmNAGhcEEMm1zpbbFcz41YALTd2eAed --- Send in a voice message: https://anchor.fm/understandingtrainstation/message Support this podcast: https://anchor.fm/understandingtrainstation/support
Go to https://try.lingoda.com/UTS_June and use our code UTSJUNE to get 20€ ($25) off your deposit when signing up for the Lingoda Sprint! #sprint202206 Do you know where your ancestors came from? Josh did a genetic ancestry test a few years back and found out that he's mostly German and Irish! Taking these tests and speaking about your ancestry is a pretty common thing for Americans which is why this week, we took some time to discuss this ancestry-fascination in the U.S. and how ethnicity and racism are inherently intertwined with the topic as well. With buzz words like race and ethnicity so baked into the American vernacular, we also talked about Feli's first interactions with these categories that are almost considered tabu in Germany. We hope you all enjoy our discussion and make sure to let us know your thoughts too! GERMAN TRIES ENGLISH TONGUE TWISTERS & VICE VERSA ▸https://youtu.be/9ZazWdsXDUQ Episode with Frau König ▸https://youtu.be/m0V3CT0vuTA Episode with Jay Samuelz ▸https://youtu.be/S29Xel4R2wk Episode with Sheffi ▸https://youtu.be/7NtB0gVE_iQ You can also watch this podcast on YouTube or listen on Spotify, Apple Podcasts, Google Podcasts, Podbean, Amazon Music, and iHeart Radio! Buy our merch ▸https://felifromgermany.com/collections/understanding-train-station • Follow us on Instagram▸instagram.com/understandingtrainstation • Support us on Patreon▸patreon.com/understandingtrainstation • Buy us a coffee▸buymeacoffee.com/utspodcast • Email us▸understandingtrainstation@gmail.com Check out all the videos with Josh and Feli on the "Feli from Germany" YouTube channel▸https://www.youtube.com/playlist?list=PLvcmNAGhcEEMm1zpbbFcz41YALTd2eAed --- Send in a voice message: https://anchor.fm/understandingtrainstation/message Support this podcast: https://anchor.fm/understandingtrainstation/support
+++Subtitles available for German part at 39:17-41:16+++ Try Lingoda with an exclusive discount of up to 40% off with our link: https://try.lingoda.com/Dec_UTS #lingoda202112 Christmas time is here so we went through YOUR wish list aka questions for us and tried to answer them! We talk about German dating services, the German lottery, how to order at an American restaurant, how to find a job in the US as a German, and more. We hope you enjoy it! Mentioned episodes: Josh in Germany ▸https://youtu.be/KpFrtKhfy6Q Dialect episode▸https://youtu.be/mz9QlYkwMkM Episode with Leati▸https://youtu.be/aPxNaFGjcV8 Episode with Seymer▸https://youtu.be/akStgNGsDuQ Episode with Niklas ▸https://youtu.be/ireY7viwbBk Episode with Sheffi▸https://youtu.be/7NtB0gVE_iQ You can listen to this podcast/watch it on YouTube, Spotify, Apple Podcasts, Google Podcasts, Podbean, Amazon Music, and iHeart Radio! Buy our merch ▸https://felifromgermany.com/collections/understanding-train-station • Follow us on Instagram▸instagram.com/understandingtrainstation • Support us on Patreon▸patreon.com/understandingtrainstation • Buy us a coffee▸buymeacoffee.com/utspodcast • Email us▸understandingtrainstation@gmail.com • Website▸understandingtrainstation.com Check out all the videos with Josh and Feli on the "Feli from Germany" YouTube channel▸https://www.youtube.com/playlist?list=PLvcmNAGhcEEMm1zpbbFcz41YALTd2eAed --- Send in a voice message: https://anchor.fm/understandingtrainstation/message Support this podcast: https://anchor.fm/understandingtrainstation/support
In this episode, we're joined by MIT Professor and MIT CTL Director Yossi Sheffi to discuss the latest supply chain news and trends. Professor Sheffi shares with us his predictions on future supply chain disruptions and sheds light on the implications of expansionary fiscal policy on inventory management and logistics network strategies. With e-commerce being the go-to channel for consumers during the pandemic, retailers have been tasked with transforming their logistics networks and rethinking their inventory management strategies. We discuss the implications of this on retail supply chains and a host of other trends we're likely to see in the aftermath of the pandemic. About the Speaker Dr. Yossi Sheffi is Elisha Gray II Professor of Engineering Systems and Director of the MIT Center for Transportation and Logistics (CTL). He is an expert in supply chain management and is the author of five award-winning books. He published his sixth and latest book, 'The New (Ab)Normal,' in October 2020. Under his leadership, MIT CTL has launched many educational, research, and industry/government outreach programs, including the MIT SCALE network involving six academic centers worldwide. In 2016, MIT CTL launched the online supply chain management MicroMasters program, reaching more than 350,000 learners worldwide. Outside academia, Dr. Sheffi has consulted with numerous organizations, and has also founded and co-founded five successful companies, all acquired by large enterprises.
Today's guest is Dr. Yossi Sheffi. Yossi is professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics (CTL). He is an expert in systems optimization, risk analysis and supply chain management, which are the subjects he researches and teaches at MIT, both at the MIT School of Engineering and at the Sloan School of Management. He is also a very prolific author of several books including: The Power of Resilience: How the Best Companies Manage the Unexpected Balancing Green: When to Embrace Sustainability in Business (and When Not to) The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19 His latest book, "A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World" was just published a couple of weeks ago. This episode of The Logistics Tribe is hosted by Marco Prüglmeier and covers a wide spectrum of topics: the Semiconductor shortage, supply chain disruptions during COVID, climate change, globalization and the role technology can play to tackle all of those issues. Happy listening! Important links: To learn more about Yossi Sheffi: https://sheffi.mit.edu/ To connect with Marco Prüglmeier: Marco Prüglmeier on LinkedIn: https://www.linkedin.com/in/prueglmeier/ To connect with Boris Felgendreher, founder of the Logistics Tribe, visit: https://www.linkedin.com/in/borisfelgendreher/ The Logistics Tribe Podcast is supported by GreyOrange, a global leader in the areas of AI-enabled warehouse robotics and fulfillment automation. Boris recently recorded a podcast episode with Akash Gupta, the young co-founder and CTO of GreyOrange. That episode is now live on the BVL Digital Podcast, the official podcast of the German Logistics Association (BVL): https://bvl-digital.de/podcast/87-ai-enabled-smart-robots-in-fulfillment-and-warehouse-automation
In this episode, our guest is Dr. Yossi Sheffi, a professor of engineering systems at the Massachusetts Institute of Technology and director of the MIT Center for Transportation and Logistics. Dr. Sheffi has written a new book called A Shot In the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World. He joins us to talk about the development of successful Covid-19 vaccines in record time — including the science behind them and the supply chains that enabled them.Containers are stacking up at West Coast ports as bottlenecks continue amongst record levels of cargo passing through them. This week, several initiatives were unveiled to try to alleviate the congestion.The shortage of truck drivers has reached an all-time high, according to a report released this week by the American Trucking Associations (ATA). What can be done to reduce the shortage and attract new drivers to the industry?DC Velocity's sister publication CSCMP's Supply Chain Quarterly began a new 11-episode limited podcast series this week, Top 10 Supply Chain Threats. Each week, following this week's introductory episode, a different threat to our supply chains is discussed, including capacity constraints, labor shortages, inflation and economics, weather-related issues, component and product shortages, digitalization, automation, and much more. Subscribe at your favorite podcast platform. Search "Top 10 Supply Chain Threats."Articles and resources mentioned in this episode:MIT Center for Transportation and LogisticsWest Coast ports announce fourth attempt to clear container backlogDriver shortage reaches record highVisit DCVelocity.com for the latest news. Visit Supply Chain QuarterlyListen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcastSend feedback about this podcast to podcast@dcvelocity.com.Podcast sponsored by: Zebra TechnologiesOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts
Per Prof. Sheffi, global supply chain lacked enough monkeys to develop Covid vaccines. Isn't strange that the supply chain has dominated our news? It's strange because the overwhelming majority of us Americans hardly ever think of the supply chain. We order a product, it soon arrives. And if we want to touch and feel things, we go to the store and buy it - physically! But now, we have a supply chain crisis. To better understand the wide-ranging impact of supply chain and supply chain history, we spoke with Mr. Yossi Sheffi, who is a professor at the Massachusetts Institute of Technology. Professor Sheffi is the Director of the MIT Center for Transportation & Logistics and also the Director of the MIT Supply Chain Management Program. He has written many books, including a 2020 book titled The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19, and a 2021 book that was published just this week, titled A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World. Professor Sheffi has advised many governments and leading manufacturing, retail and distribution enterprises, and he has also founded and co-founded five successful companies. This is the link to Professor Sheffi's academic homepage, which lists his research and provides information for his many publications, projects and awards, is provided in the detailed caption of this episode: https://ctl.mit.edu/about/bio/yossi-sheffi To continue our free podcast program, we depend on our listeners' support. So please click this link https://anchor.fm/the-peel-news/support and join our other supporters in the news peeler community. Thank you. The image in our caption artwork is of a basic flowchart of a supply chain for an end-consumer product. It is provided by Miguel Garcia Gonzalez on Wikipedia under the CC BY-SA 4.0 license. Click the following links to learn more about the source of this image and its license: https://commons.wikimedia.org/wiki/File:Supply_Chain_Flowchart.svg#/media/File:Supply_Chain_Flowchart.svg https://creativecommons.org/licenses/by-sa/4.0/
In this episode, we host Yossi Sheffi, MIT Professor and Director of the MIT Center for Transportation and Logistics (CTL), to discuss his latest book: "The New (Ab)Normal." Defined as a must-read for Supply Chain Executives, we explore where the desire for writing this book came from and the advice that leaders can gain from it. What does the future of supply chain look like, and what are the significant trends that will characterize a now irreversibly-changed reality? About the speaker Dr. Yossi Sheffi is Elisha Gray II Professor of Engineering Systems and Director of the MIT CTL. He is an expert in supply chain management and is the author of five award-winning books. He published his sixth and latest book, 'The New (Ab)Normal,' in October 2020. Under his leadership, MIT CTL has launched many educational, research, and industry/government outreach programs, including the MIT SCALE network involving six academic centers worldwide. In 2016, MIT CTL launched the online supply chain management MicroMasters program, reaching more than 350,000 learners worldwide.
Yossi Sheffi revisits the podcast to talk with Dr. Chris Caplice regarding the pandemic's imprint on supply chains and our society worldwide. Sheffi gives insight into his new book, “The New (Ab)Normal,” which analyzes business and supply chain strategy emerging from Covid-19. Medical and technological advancements are also discussed, including a prediction on hybrid work environments moving forward.To wrap things up, Dr. Inam Iyoob joins Dr. Caplice for the latest North American truckload market rate trends and forecast powered by DAT iQ.
Transfers galore once again after a week of rumours and advanced talks. Players such as Liam Delap, Famara Diedhiou and Josh Windass have been linked with a move to the club, where as we could see Djed Spence going in the other direction!Ben discusses all of these possible transfers and offers his thoughts here.Support the show
Yossi Sheffi is Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics. He has worked with leading manufacturers and logistics service providers around the world on supply chain issues and is an active entrepreneur, having founded or cofounded five companies since 1987. He is the author of The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press) and Urban Transportation Networks.
It's a dangerous world out there for global supply chains. Earthquakes, tsunamis, floods, labor stoppages, terrorist threats and general congestion all conspire to hinder the flow of product to market. The situation calls for a renewed commitment to risk management and, most of all, supply chain resilience. Joining us on this episode is MIT professor Yossi Sheffi, director of the school's Center for Transportation and Logistics, and author of the new book The Power of Resilience: How the Best Companies Manage the Unexpected. Sheffi reveals how leading companies are protecting themselves against supply-chain disruptions. He lays out some of the key elements of a successful resilience initiative just in case your company is one of the many that have yet to make a serious effort in that area. Learn why it's just possible that Intel's Andy Grove was right when he said that ''only the paranoid survive.'' Welcome to the 100th episode of The SupplyChainBrain Podcast!
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