Does Lean Leveling Reduce Shipment Variability?

Does Lean Leveling Reduce Shipment Variability?

Supply chain professionals are often confronted with the challenge of managing highly volatile customer shipments resulting from the bullwhip effect. This volatility leads to supply chain-wide inefficiencies, high operational complexity, low service levels and substantial costs. Companies commonly try to compensate the risk of stock outs by carrying elevated levels of inventory and by payingRead More

Turning Disruptive Change Into Competitive Advantage

Turning Disruptive Change Into Competitive Advantage

In today’s fast-changing business environment, companies need to react quickly and decisively to disruptive market changes. Yet many enterprises lack the ability to respond swiftly to these competitive threats. For example, rapid change is transforming the auto market, which is witnessing a potentially dramatic shift in the locus of value creation away from global OEMs andRead More

Capturing the Business Benefits of Student-Industry Collaboration

Capturing the Business Benefits of Student-Industry Collaboration

There are many ways in which companies can collaborate with supply chain research centers. One that we have found to be especially rewarding is collaborating on graduate program thesis research projects. Across the MIT Global SCALE Network, the MIT Center for Transportation &Logistics (MIT CTL), the Zaragoza Logistics Center (ZLC), the Malaysia Institute for SupplyRead More

A Slow Merge for Truck Automation

A Slow Merge for Truck Automation

It seems almost inevitable that automated trucks will be introduced to our roads at some point, but it will not happen in a single step and it will take time. The attractions are substantial. In some future end-state, driverless trucks will remove the cost of the human operator from the cab and allow the equipmentRead More

De-Risking Oil Tanker Investment Decisions

De-Risking Oil Tanker Investment Decisions

Crude oil and its derivative products currently meet the world’s primary energy needs, and are commonly transported around the globe by tanker vessels. Investing in tankers is an extremely risky business owing to the volatile nature of the oil market and the high capital cost involved. An alternative to owning tanker ships is to charterRead More