Supply-Chain Risk Management in the New (Ab)normal

Yossi Sheffi, Elisha Gray II Professor of Engineering Systems & Director of the MIT Center for Transportation and Logistics, discusses his new book. Some of the lessons and expertise gained from years of studying supply-chain risk could apply to the situation in which companies find themselves today, but other solutions must be crafted to meet the specific and extraordinary aspects of the current global pandemic. Sheffi sees the events of today as constituting an “inflection point” in business, comparable to the Depression of the 1930s and post-World War II changes in geopolitics and societies.