28 min listen
The New Competitive Edge: Analytics-Driven Supply Chain Design for Value Creation
The New Competitive Edge: Analytics-Driven Supply Chain Design for Value Creation
ratings:
Length:
45 minutes
Released:
May 11, 2023
Format:
Podcast episode
Description
Supply chain design has traditionally been conducted with only one dimension in mind: cost minimization. The conventions of supply chain design date largely from the 1990s. But major technological strides have been made in the years since, allowing for much more complex considerations to be taken into account. So most companies, by using this obsolete approach, are putting themselves at a competitive disadvantage.
Today's episode features Milena Janjevic, Research Scientist at the MIT Center for Transportation & Logistics, and Mike Bucci, a Senior Director for Solutions Delivery at Coupa Software. Milena and Mike discuss how they're seeing the field evolve, touching on four big opportunities to take supply chain design from a cost-minimization exercise to an engine to drive value creation:
Extending the scope of supply chain design
Incorporating tactical decision making
Accounting and planning for risk and resilience
Adapting new technologies and business models
For more, learn about the Supply Chain Design Initiative at the MIT Center for Transportation & Logistics.
Today's episode features Milena Janjevic, Research Scientist at the MIT Center for Transportation & Logistics, and Mike Bucci, a Senior Director for Solutions Delivery at Coupa Software. Milena and Mike discuss how they're seeing the field evolve, touching on four big opportunities to take supply chain design from a cost-minimization exercise to an engine to drive value creation:
Extending the scope of supply chain design
Incorporating tactical decision making
Accounting and planning for risk and resilience
Adapting new technologies and business models
For more, learn about the Supply Chain Design Initiative at the MIT Center for Transportation & Logistics.
Released:
May 11, 2023
Format:
Podcast episode
Titles in the series (29)
Rapid Systems Assessments for Crisis Response with MIT Humanitarian Supply Chain Lab: Every corner of the globe has suffered from supply chain disruptions during the coronavirus pandemic. Beginning in March with a focus on U.S. food supply chains, the MIT Humanitarian Supply Chain Lab (HSCL) began providing evidence-based analysis to the ... by MIT Supply Chain Frontiers