Supply Chain Disruption

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The Killer App for 3D Printing? The Circular Economy

3D printing is currently a niche technology — but it has the potential to help us completely alter how we use and reuse materials to make custom goods. As a technology, it offers 3 factors that define sustainable systems: (1) materials parsimony, (2) power autonomy, and (3) value cycling. Guest editor Gregory Unruh explains how 3D printing represents a sustainability game-changer.

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Webinar: Flourishing in the Face of Supply Chain Disruption

  • Blog

The webinar speakers explain how proactive managers create innovative, dynamic organizations that survive and prosper under any circumstances. They show how resilient enterprises adapt successfully to turbulence and design resilient assets, products and processes, highlighting companies that have improved shareholder value in turbulent times. And, they demonstrate a research-based methodology to identify important supply chain vulnerabilities and set priorities for strengthening capabilities.

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From the Editor: Disruption Everywhere?

The Fall 2015 issue of MIT Sloan Management Review has two big themes: developing tomorrow's leaders, and disruption. In a special report on leadership, four articles explore how to engage, keep, and train the next generation of managers. “Preparing for Disruptions Through Early Detection” highlights the detection techniques to become more resilient. And “How Useful Is the Theory of Disruptive Innovation?” takes a deep dive into Clayton M. Christensen’s influential theory of disruptive innovation.

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Preparing for Disruptions Through Early Detection

In an adaption from his new book The Power of Resilience, MIT’s Yossi Sheffi explains how companies are learning to more quickly detect unanticipated problems that can interfere with their global operations. Sheffi looks at how leading companies are using an array of detection and response techniques, from sensors to supply chain control towers. These tools are helping companies become more resilient to disruptions such as hurricanes, the discovery of product contamination, and political events.

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The Power of Resilience in a Time of Uncertainty

  • Research Highlight
  • Read Time: 1 min 

In an August 2015 webinar, MIT professor Yossi Sheffi, a renowned expert on supply chains, risk management, and resilience, shared insights and examples from his latest research and forthcoming new book, The Power of Resilience: How the Best Companies Manage the Unexpected. He offered insights on understanding and analyzing the types of risks companies face, as well as preparing for and coping with disruptions effectively.

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From Risk to Resilience: Learning to Deal With Disruption

In a volatile, global economy, supply chains have become increasingly vulnerable. Supply chain practices designed to keep costs low in a stable business environment can increase risk levels during disruptions. But companies can cultivate resilience to unexpected disruptions by understanding their vulnerabilities and developing specific capabilities to compensate for them. The authors identify and detail 16 capabilities companies can use to respond to particular vulnerability patterns.

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Creating More Resilient Supply Chains

Global supply chains bring increased risks of disruption from events such as natural disasters. But by understanding and planning for such risks, Cisco Systems improved its own supply chain resilience. Its five-step process: identify strategic priorities; map the vulnerabilities of supply chain design; integrate risk awareness into the product and value chain; monitor resiliency; and watch for events. John Chambers, Cisco chairman and CEO, calls this type of risk management “a key differentiator.”

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Managing Risk to Avoid Supply-Chain Breakdown

By understanding the variety and interconnectedness of supply-chain risks, managers can tailor balanced, effective risk-reduction strategies. The authors show how smart companies use “stress testing” to identify parts of the supply chain that might break in the event of a natural disaster, terrorist strike or other upheaval. They then explain a variety of ways that supply-chain partners can collaboratively prepare for and effectively manage risk.

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