Supply Chain Strategy

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.

Maersk North America’s warehousing and distribution (WnD) business has signed an agreement with the Massachusetts Institute of Technology’s Center for Transportation & Logistics (MIT CTL) to accelerate the company’s supply chain solutions and expand its capabilities through research across North America.

Adrian and Devin, co-hosts of The Black Agenda podcast, speak with Professor Yossi Sheffi of MIT about the supply chain and what we can expect to see this Holiday Season. Sit back and listen well.

Peggy and Yossi Sheffi, professor, MIT, talk about the supply chain difficulties today and his most recent book The New (Ab)Normal. He says the experience of writing the book was weird—like writing a history book while history is unfolding.

They discuss:

• The biggest problem with the supply chain today that needs to be solved.
• Why demand is high and supply can’t catch up.
• The bullwhip effect on the supply chain and how to address it.

Maersk North America’s warehousing and distribution (WnD) business, called Performance Team – A Maersk Company has signed an agreement with the Massachusetts Institute of Technology’s Center for Transportation & Logistics (MIT CTL) to accelerate the company’s innovative supply chain solutions and further expand its capabilities through cutting edge research across North America.

With rising costs and bare shelves across the country, the jam could derail the holiday shopping season this year with shipping delays and fewer gift options. No immediate solution to this multifactorial mess is on the horizon yet, experts have said. While the issue has emerged quite recently, it exposes long-standing bottlenecks facing U.S. infrastructure. 

The U.S. government’s broad social spending, the country’s aging infrastructure, and global supply chain disruptions caused by the COVID-19 pandemic have jointly contributed to the ongoing supply chain crisis in the United States, said leading U.S. expert Dr. Yossi Sheffi. 

This week on Hubwonk, Joe Selvaggi talks with global supply chain expert, MIT Professor Yossi Sheffi about the unprecedented global supply and demand shocks created by the Covid-19 pandemic and how effective supply chain managers in an integrated world economy adapted to provide consumers with food, goods, and vaccines in record time.
 

America’s supply chain crisis. Developing and distributing the Covid vaccine was more difficult than the moonshot! 

Professor Yossi Sheffi joins The.Peel podcast for a global experts perspective of history and the current Supply Chain crisis in the news.