How MIT Visualizes Supply Chain Risk

Another look at visualizing supply chain risk, from MIT. When these guys get on top of something it must be a burning issue.  Watch the video inside the article.

Portrait image for Sourcemap

How MIT Visualizes Supply Chain Risk – Supply Chain 24/7.

I talked about David Simchi-Levi’s vision of supply chain risk before. This is another approach, based on visualization.  It raises the question of how good the data back of it is, but that is always a problem.

Of course here they are promoting their software to visualize the supply chain.

The Two-speed supply chain

George Stalk has come up with the notion of a two-speed supply chain, one which can respond quickly for developing countries growing fast, and one that can function well in the slow or no growth of developed nations. It is an intriguing idea.

But perhaps just as interesting is his take on congestion and the lack of infrastructure growth in the US.  It’s an old story, perhaps getting its due now, and one that needs shouting out.

first thought

Supply Chain Digest Newsletter February 26, 2015.

Managing supplier risk in the transportation and infrastructure industry

McKinsey has a lot to say about infrastructure development. This article is only on in their blog series on rethinking infrastructure. I suggest not only this one (about credit risk) but the others shown below.

Managing supplier risk in the transportation and infrastructure industry | McKinsey & Company.

I think it is interesting that they value transportation infrastructure on its productivity improvements in transportation alone.  I’ve been modeling transportation’s impact on other industry sectors, and I find that it’s one of the few ways of generating increased productivity in other sectors as well.  In fact, you can map exactly which sectors will benefit from added value in transportation.  That tells you where to look for gains, and estimate the economic leverage improved transportation gives.