Risk and Resilience

MIT Professor Yossi Sheffi speaks to Bloomberg's Scarlet Fu and Romaine Bostick on the virus's effect on supply chains. 

Events like the COVID-19 pandemic upend global supply chains and leave companies scrambling. From internal decisions to how to work with suppliers and customers, here’s what to do now.

A 3-part Webinar; MIT Industrial Liaison Program with professors Yossi Sheffi, Alex Pentland, and Andrew Lo for a special webinar highlighting the impacts of COVID-19 on business.

Now that many employers, schools and governments are instituting "social distancing" to try and slow the spread of the coronavirus, the disruption to supply chains is likely to get much worse before it gets better, said Yossi Sheffi, director of the MIT Center for Transportation & Logistics.

Airfreight demand was down YoY for all of 2019 and the full impact of the COVID-19 outbreak won't show up until the February numbers are released next month, IATA said.

Research Scientist and course lead for MITx Supply Chain Dynamics - mit.ctl.sc3x, Alexis Bateman hosts MIT Professor Yossi Sheffi for an interview to uncover some of the pending supply chain impacts to be expected resulting from the COVID-19 coronavirus outbreak.

Clarksons Platou Securities and Windward suggest volume at Chinese ports are beginning to trend toward normalcy.Figures from Clarksons Platou Securities, a maritime brokerage, suggest port calls have already surpassed 2019 levels...

Yossi Sheffi, director of the MIT Center for Transportation and Logistics (MIT CTL), discusses the threat to global supply chains posed by the coronavirus outbreak. He speaks with Bloomberg's Scarlet Fu and Joe Weisenthal. 

This episode centers on the coronavirus (COVID-19) and how the outbreak which originated in Wuhan, China in December 2019 is impacting global freight transportation. Host Chris Caplice sits down with Yossi Sheffi, MIT professor and Chris’ boss at the MIT Center for Transportation & Logistics, to discuss how the coronavirus differs from past crises and how the bullwhip effect will likely play out in this scenario.

"While it is still too early just how big an impact the coronavirus will have on either the global economy or individual companies, it is already clear that it will not be negligible. Supply chains are already being disrupted. Consumer activity in China is already slowing. And Apple is not the only company that is going to feel the impact. "