Skip to content
Search AI Powered

Latest Stories

Forward Thinking

Sense and respond: MIT blog forecasts supply chain trends

The site also hosts a "Directions" section that includes more abstract, speculative reflections that are not related to specific events.

Diethylene glycol in toothpaste from China. Rampant film piracy in Canada. George Bush's recent push for greenhouse-gas reductions. All of these are "sensors," or signs of potential supply chain trends, according to the editors of Supply Chain 2020 Sensors Watch, a new Web log ("blog") posted by the Center for Transportation & Logistics at the Massachusetts Institute of Technology (MIT).

The objective of this latest effort from MIT's Supply Chain 2020 (SC2020) program is to forecast future supply chain concerns from everyday news stories and events. The site also hosts a "Directions" section that includes more abstract, speculative reflections that are not related to specific events. Recent posts in that section have addressed the growing interest in "green" business practices and the open-source technology movement.


Contributions to Sensors Watch are not limited to predictions by academics. Rather, the editors strongly encourage supply chain practitioners to comment on and rate existing posts.

The Sensors Watch blog is just a small part of MIT's SC2020 multiyear research effort, which seeks to identify and analyze factors that will influence the success or failure of future supply chain management efforts.

[Sources: Supply Chain 2020 Sensors Watch Blog, Massachusetts Institute of Technology (sc2020.com/watch). "Signs of the Times," Supply Chain Frontiers Newsletter, MIT Center For Transportation & Logistics, March/April 2007: ctl.mit.edu/index.pl?id=7376]

Recent

More Stories

manufacturing job growth in US factories

Savills “cautiously optimistic” on future of U.S. manufacturing boom

The U.S. manufacturing sector has become an engine of new job creation over the past four years, thanks to a combination of federal incentives and mega-trends like nearshoring and the clean energy boom, according to the industrial real estate firm Savills.

While those manufacturing announcements have softened slightly from their 2022 high point, they remain historically elevated. And the sector’s growth outlook remains strong, regardless of the results of the November U.S. presidential election, the company said in its September “Savills Manufacturing Report.”

Keep ReadingShow less

Featured

container ships at dock port of savannah

54 container ships now wait in waters off East and Gulf coast ports

The number of container ships waiting outside U.S. East and Gulf Coast ports has swelled from just three vessels on Sunday to 54 on Thursday as a dockworker strike has swiftly halted bustling container traffic at some of the nation’s business facilities, according to analysis by Everstream Analytics.

As of Thursday morning, the two ports with the biggest traffic jams are Savannah (15 ships) and New York (14), followed by single-digit numbers at Mobile, Charleston, Houston, Philadelphia, Norfolk, Baltimore, and Miami, Everstream said.

Keep ReadingShow less
EDGE 2024 diversity educational session

Diversifying your supply chain beyond China to minimize risk

Jason Kra kicked off his presentation at the Council of Supply Chain Management Professionals (CSCMP) EDGE Conference on Tuesday morning with a question: “How do we use data in assessing what countries we should be investing in for future supply chain decisions?” As president of Li & Fung where he oversees the supply chain solutions company’s wholesale and distribution business in the U.S., Kra understands that many companies are looking for ways to assess risk in their supply chains and diversify their operations beyond China. To properly assess risk, however, you need quality data and a decision model, he said.

In January 2024, in addition to his full-time job, Kra joined American University’s Kogod School of Business as an adjunct professor of the school’s master’s program where he decided to find some answers to his above question about data.

Keep ReadingShow less
warehouse problem medical triage strategy

Medical triage inspires warehouse process fixes

Turning around a failing warehouse operation demands a similar methodology to how emergency room doctors triage troubled patients at the hospital, a speaker said today in a session at the Council of Supply Chain Management Professionals (CSCMP)’s EDGE Conference in Nashville.

There are many reasons that a warehouse might start to miss its targets, such as a sudden volume increase or a new IT system implementation gone wrong, said Adri McCaskill, general manager for iPlan’s Warehouse Management business unit. But whatever the cause, the basic rescue strategy is the same: “Just like medicine, you do triage,” she said. “The most life-threatening problem we try to solve first. And only then, once we’ve stopped the bleeding, we can move on.”

Keep ReadingShow less
Preparing for the truckload market upswing

Preparing for the truckload market upswing

CSCMP EDGE attendees gathered Tuesday afternoon for an update and outlook on the truckload (TL) market, which is on the upswing following the longest down cycle in recorded history. Kevin Adamik of RXO (formerly Coyote Logistics), offered an overview of truckload market cycles, highlighting major trends from the recent freight recession and providing an update on where the TL cycle is now.

EDGE 2024, sponsored by the Council of Supply Chain Management Professionals (CSCMP), is taking place this week in Nashville.

Keep ReadingShow less