Yossi Sheffi

Yossi Sheffi, 2012

Yossi Sheffi is the Elisha Gray II Professor of Engineering Systems at the Massachusetts Institute of Technology (MIT) and an expert in systems optimization, risk analysis and supply chain management. He has authored four books,[1] founded or co-founded five companies and is frequently quoted in the press.

Life and work

Yossi Sheffi has served as the Director of the MIT Center for Transportation and Logistics since 1992. From 2007 to 2012 he was the Director of the MIT Engineering Systems Division, where he set a strategy, revamped the PhD program, and positioned the division for future growth. He is the founding Director of MIT's Master of Supply Chain Management degree, established in 1998. Under his leadership, CTL has launched many new educational, research, and industry/government outreach programs, expanding the global reach of the center. He led this international expansion of CTL by launching the Supply Chain and Logistics Excellence (SCALE) global network of academic centers of education and research. The network includes centers modeled after MIT CTL in Zaragoza, Spain; Bogota, Colombia; Kuala Lumpur, Malaysia; Luxembourg City, Luxembourg; and Ningbo, China. In 2003 he launched the Zaragoza Logistics Center, situated in PLAZA, the largest logistics park in Europe. In 2008 he launched the Center for Latin-American Logistics Innovation in Bogota, Colombia. In 2011 he launched the Malaysia Logistics Innovation Institute in Kuala Lumpur. Sheffi obtained a Bachelor of Science from the Technion – Israel Institute of Technology in 1975, Master of Science from the Massachusetts Institute of Technology (MIT) in 1977 and his Ph.D. from MIT in 1978.[2]

Publications

Sheffi is the author of four books: "Urban Transportation Networks," a textbook on transportation networks optimization (Prentice Hall, October 1985), "The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage" (MIT Press, October 2005) and "Logistics Clusters: Delivering Value and Driving Growth" (MIT Press, October 2012), "The Power of Resilience: How the Best Companies Manage the Unexpected," (MIT Press, September 2015)

The Wall St. Journal, in a review of "The Resilient Enterprise...," said the book is “the timely analysis of an important – and often overlooked – aspect of business strategy. Mr. Sheffi argues that crisis control can be a competitive advantage for companies that get it right."[3]

"The Resilient Enterprise..." was selected by the Financial Times as one of the best Business Books of 2005. “...Sheffi shows managers how to build flexibility into all areas of their businesses,” the review said.[4]

The book also received “Book of the Year” award[5] in the category of Business and Economics from Forward magazine.

Academic publications include:

Non academic publications include:

Entrepreneurship

Yossi Sheffi has founded and co-founded five successful companies:

Major honors and awards

Media appearances

In an interview with CIO Magazine entitled “Captain Contingency”, Sheffi gave his views on what companies should be doing to emulate firms like Wal-Mart and The Home Depot that perform well in natural disasters. “...Communication is key and I’ve found that resilient companies communicate obsessively.”[18]

In a 2009 interview with the MIT Sloan Management Review, Sheffi said that economics would take precedence over the environment in the short term: “The next two, three years will be utterly dominated by the financial crisis, so I’m really hesitant to talk beyond that because every decision counts...For companies, it will boil down to having to make money.”[19]

In a December 28, 2009 New York Times op-ed article on Airport Security prompted by the near-miss attack on a Detroit-bound plane by a Nigerian man, Sheffi stated: “We were lucky that in addition to the malfunctioning bomb, there were no further attacks — so treating the terrorist as a common criminal did not cause more disasters. But would this be the same next time?”[20]

Other interviews and profiles:

In 2010 Sheffi participated in CNBC’s Executive Vision program dealing with global logistics. He explained the role of logistics software in creating the efficiency of the global logistics companies.[21]

On November 2010, Sheffi was interviewed on Bloomberg Television in a segment dealing with air security cargo. He analyzed the possibilities and costs of increased cargo scanning on cargo planes.[22]

On December Sheffi was interviewed on CNN’s Anderson Cooper 360, explaining the reasons for the airline delays that hit the US Northeast.[23] A more complete explanation was published by the MIT Press blog.[24]

Most recently, Sheffi weighed in on the question of security for international flights that cross but do not touch down in the United States in The Washington Post. “We have tens of millions of packages flying almost every night," Sheffi said. “…There has to be a balance between acceptable risk and economics."[25]

References

  1. ↑ "The Power of Resilience: How the Best Companies Manage the Unexpected | Professor Yossi Sheffi". sheffi.mit.edu. Retrieved 2016-05-24.
  2. ↑ “Biography for Professor Yossi Sheffi,” SCM World.
  3. ↑ Anders, George (September 27, 2005). "What to do Before Disaster Strikes". The Wall Street Journal. Retrieved April 7, 2012.
  4. ↑ James Pickford, “The Best Business,” Financial Times, December 9, 2005.
  5. ↑ "Archived copy". Archived from the original on July 8, 2011. Retrieved February 28, 2011.
  6. ↑ Ryder Systems Acquires LogiCorp Inc., New York Times, April 12, 1994.
  7. ↑ David Diamond, “The trucker and the professor”, Wired, September 2006.
  8. ↑ Kurt Peters, “Retek buys supply chain collaboration technology from Syncra Systems,” Internet Retailer, November 16, 2004.
  9. ↑ http://www.icg.com/
  10. ↑ Joe Bousquin, “Aspen Technology Buys Internet Marketplace for Chemicals Archived July 17, 2011, at the Wayback Machine.”, The Street, January 24, 2001.
  11. ↑ Renee Boucher Ferguson, “Manhattan Associates Buys Logistics.com”, eWeek, January 2, 2003.
  12. ↑ http://www.zlc.edu.es/default.aspx?info=00047D
  13. ↑ “MIT awarded Aragon International Prize”, MIT News, April 27, 2009.
  14. ↑ “Operations Research Center Honors and Awards 2008-2009”.
  15. ↑ “The Resilient Enterprise Named "2005 Book of the Year Archived July 20, 2011, at the Wayback Machine.”, MIT Center for Transportation and Logistics web site.
  16. ↑ James Pickford, “The Best Business,” Financial Times, December 9, 2005.
  17. ↑ Council of Logistics Management web site.
  18. ↑ Susannah Patton, “Captain Contingency”, CIO Magazine, March 2006.
  19. ↑ Michael S. Hopkins, “Sustainability: Economy then Environment,” MIT Sloan Management Review, May 21, 2009.
  20. ↑ Yossi Sheffi, “What’s Missing in Airport Security?” New York Times, December 28, 2009.
  21. ↑ http://www.cnbc.com/id/15840232?video=1634166094&play=1
  22. ↑ "Massachusetts Institute of Technology's Sheffi Interview". Bloomberg.
  23. ↑ "Video: Passengers stuck days after blizzard". CNN. December 30, 2010.
  24. ↑ http://mitpress.typepad.com/mitpresslog/2010/12/airline-delays.html
  25. ↑ Ashley Halsey III, “Cargo that flies over the United States doesn't get screened to federal standards,” Washington Post, December 27, 2010.
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