How MIT Visualizes Supply Chain Risk

Originally posted on Supply Chain and Logistics Blog:

Another look at visualizing supply chain risk, from MIT. When these guys get on top of something it must be a burning issue.  Watch the video inside the article.

Portrait image for SourcemapHow MIT Visualizes Supply Chain Risk – Supply Chain 24/7.

I talked about David Simchi-Levi’s vision of supply chain risk before. This is another approach, based on visualization.  It raises the question of how good the data back of it is, but that is always a problem.

Of course here they are promoting their software to visualize the supply chain.

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How Trucking Rules in Brazil Are Driving Change

Originally posted on Supply Chain and Logistics Blog:

Interesting work from MIT which shows that the name of the game is finding backhauls. Private fleets don’t pay in this case unless the distance is short enough that the value of a backhaul is a small part of the cost.  Private fleets are not economical with empty backhaul miles. Trucking Rules in Brazil Are Driving Change | Supply Chain @ MIT.

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Accountants and the Supply Chain

Dan Gilmore’s series on accounting and the supply chain provoked numerous comments from readers.  We need a revolution in accounting.  It has to take into account the new role of inventory, the value of cooperation among firms and people, and greater transparency of the connections a supply chain has.

Reader’s Respond! Accountants and the Supply Chain.

6 Ways to Kill the Ideas That Spark Innovation


Six ways to kill innovation.

Originally posted on Supply Chain @ MIT:

How can companies emulate Apple's talent for innovation? How can companies emulate Apple’s talent for innovation?

Apple CEO Tim Cook recently described the demand for iPhones as “staggering” after divulging that the company sold 74.5 million units in the holiday quarter even though it raised the price of this iconic product. Total sales in the period amount to more than 34,000 phones per hour flying off the shelves around the clock reported the Wall Street Journal.[i]

Staggering indeed, and a powerful launch pad for the company’s next product, the Apple Watch, which it plans to ship this coming April (for more on the Apple Watch see my Influencer post How Will Apple’s Future-Facing Watch Change Your Business?).

How does a company such as Apple create incredibly successful innovations? And perhaps even more important, how can other companies emulate this success?

There are many reasons, of course, and lots of theories about how enterprises can develop…

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