"Supply Chain Innovations"
For supply chains to keep pace with an increasingly complex global market, innovation is essential. Professor Sheffi will provide a historical perspective of supply chain innovation, characterizing the impact of such advances as containerization, process innovation, software breakthroughs, digital communications and innovative supply chain design. He will provide a general charaterization of the innovation process, including an assesment of current supply chain innovation.
Dr. Yossi Sheffi is a professor at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation and Logistics. He is an expert in transportation networks analysis, systems optimization, logistics, supply chain management, and electronic commerce, which are the subjects he teaches and researches at MIT. He is the author of numerous scientific publications and a book on transportation networks optimization. Under his leadership, the Center launched many new educational, research, and industry/government outreach programs, leading to substantial growth. In 1997 he launched a new Master of Engineering degree at MIT in logistics and supply chain management. In 2003 he launched the MIT-Zaragoza program, building a new logistics university in Spain based on a unique international academia, government and industry partnership.
Outside the university Professor Sheffi has consulted with governments and leading manufacturing, retail and transportation enterprises all over the world. He is also an active entrepreneur:
- In 1987 he co-founded PTCG, the leading supplier of optimization-based decision support systems to the transportation industry. He sold this firm to The Sabre Group Inc. (part of AMR, the parent of American Airlines) in 1996.
- In 1988 he co-founded LogiCorp Inc., the first non-asset based 3PLs in the US. In 1994 LogiCorp was sold to Ryder Systems Inc. and is now operating as Ryder Integrated Logistics (RIL).
- In 1998 he co-founded e-Chemicals Inc., an electronic commerce company providing Internet-based supply chain management solutions. E-Chemicals was acquired in 2000 by AspenTech of Cambridge, MA.
- In 1999 he co-founded Syncra Inc., a software company dedicated to the development of business-to-business collaboration software with an emphasis on the retail industry and the CPFR standard. He served Syncra as the Chairman of the Board of Directors until August 2002.
- In 2000 he founded Logistics.com Inc., an ASP decision support systems provider for the transportation and logistics industry. He served Logistics.com as the CEO and Chairman of the Board of Directors during 2000 while on leave from MIT. In 2002 Logistics.com was acquired by Manhattan Associates Inc.
Dr. Sheffi was recognized in numerous ways in academic and industry forums and was on the cover of Purchasing Magazine and Transportation and Distribution Magazine. In 1997 he won the most prestigious recognition given by the Council of Logistics Management - the Distinguished Service Award. In 2002/03 he was on sabbatical in the Judge Institute of Management in Cambridge University, UK. He is also a life fellow of Cambridge University's Clare Hall.
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