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You've undoubtedly seen the dire predictions about how artificial intelligence will wreak havoc on the workforce. Most notably, investment bank Goldman Sachs predicts ChatGPT and similar forms of AI could trigger the loss of 300 million jobs around the world. But it seems that for every gloomy forecast about AI in the workforce, there's a brighter outlook. 

The term ‘supply chain’ is just a name that we give to a nexus of logistics, inputs, processes, transportation, packaging, distribution, marketing, customer relations, vendor relations, and human capital, which together support the supply and demand of every physical, digital, intellectual, or artistic artefact on the planet and in space. The supply chain is everywhere.

Professor Yossi Sheffi weighs in on how the Shanghai lockdown could prove a more powerful driver of migration for China-sourced goods than trade conflicts and the disruptions of the past two years.

The pandemic shattered the fine art of moving stuff from your fingertips to the front door. Purchases of food, household supplies, and over-the-counter medicines exploded when COVID-19 lockdowns spread across the globe... This triggered severe strains at every level of the nation’s transportation and logistics system.. This has led to a mad scramble for storage, a warehouse space race. 

Join MIT Global SCALE Connect for an in-depth conversation with Paul Granadillo, SVP Global Supply Chain at Moderna. MIT Professor Yossi Sheffi speaks with Paul about how the pandemic vaccine response reshaped manufacturing, business, and supply chains at Moderna.

Shelves at the pet food aisle are looking bare recently, leaving some pet owners scrambling to find the foods their animals need. It's a shortage issue that stems from the global supply chain woes that continues to affect nearly every industry, including pet products. "Demand for goods started going through the roof," noted Yossi Sheffi, director of the MIT Center for Transportation and Logistics and a chain supply professor. Sheffi said the pandemic has led to an increase in pet adoptions, and therefore an increase in pet spending.

Mecalux sat down with Professor Yossi Sheffi, Director of the MIT Center for Transportation and Logistics, to talk about how Covid-19 is reshaping businesses and supply chains -and what's coming next. 

Professor Yossi Sheffi spoke with David Pogue of CBS Sunday Morning about what’s causing supply chain breakdowns. "The underlying cause of all of this is actually a huge increase in demand,” says Sheffi. 

Being tasked to manage risk in the supply chain as a job title is relatively new; Resilinc CEO, Bindiya Vakil, took classes from Yossi Sheffi, author of “The Resilient Enterprise,” which talked about supply chain risk in the aftermath 9/11 crisis. One case study in the book included the Philips fab fire caused a massive disruption that led to the exit of Nokia Ericsson from the handset market.  “It was $300 million in revenue impact.

Each December, the focus of the issue is our annual Executive Guide to Supply Chain Resources. This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain professionals.