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This program is in the Executive Certificate in Technology, Operations, and Value Chain Management track
Program Overview
In the last few years, there has been considerable
discussion around the need for manufacturing
companies to reexamine the structure of their global
supply chains. In parallel, a growing number of global
companies are repatriating their manufacturing
capabilities—moving some production operations
back to the US from overseas: Ford, Caterpillar, GE,
Apple and Foxconn, to name a few.
This trend has picked up pace not only because of
job losses in the US but also because the econom-
ics that made off-shoring attractive a decade ago
have changed for a number of reasons: high price of
oil versus cheap natural gas available locally; rising
labor costs in developing countries; new automation
technologies that increase productivity and require
fewer but more skilled workers; as well as changing
risk profile of global supply chains.
This two-day advanced program, delivered via a
combination of lectures, case discussions and
applications, will analyze the current state of the
manufacturing sector, identify important trends that
affect manufacturing, and develop a framework that
companies can use to evaluate their supply chain in
order to reduce risk and improve market
competitiveness.
http://executive.mit.edu/mfg
Apr 10–11, 2014Oct 30–31, 2014
Cambridge,Massachusetts, U.S.
$3,300(excluding accommodations)
Please visit our website for the most current information.
Future of Manufacturing
Program Takeaways
The program will enable participants to better
understand:
• The impact of technology, and in particular,
information technology, on manufacturing decisions,
talent and R&D
• Techniques to analyze the structure of your supply
chain in view of global challenges
• A framework to assess the impact of oil price and
labor costs on your business and manufacturing
decisions
• Techniques to identify and reduce the level of
exposure to risk in your supply chain
• The impact these changing dynamics have on your
business: risks and benefits of outsourcing,
near-shoring and re-shoring
Recent changes in oil price, labor costs and the increase in supply chain disruptions have shifted the focus of large U.S.—based companies. Some are looking at more regional and flexible approaches to manufacturing while identifying decisions and processes that need to be centralized. This entails larger, efficient and more automated manufacturing facilities as well as redesign of operations around supply and delivery. It leads to a renewed interest in manufacturing in the U.S., and the need for more skilled labor and an educated workforce, including in manufacturing management.” David Simchi-Levi
“
Program Faculty
David Simchi-Levi, Faculty Director, is Professor of
Engineering Systems at MIT and Co-Director, Leaders for
Global Operations. His research currently focuses on
developing and implementing robust and efficient
techniques for logistics and manufacturing systems. He has
published widely in professional journals on both
practical and theoretical aspects of logistics and supply
chain management. His latest book Operations Rules:
Delivering Customer Value through Flexible Operations was
published by MIT Press in October 2010.
Charles Fine teaches operations strategy and supply chain
management and directs the roadmapping activities in
MIT’s Communications Futures Program. His research
focuses on supply chain strategy and value chain
roadmapping, with a particular emphasis on fast clockspeed
manufacturing industries.
Sample Program Schedule (subject to change)
Day 1
» 7:45–8:30 AM: Registration and Continental Breakfast » 8:30–9:30 AM: Introduction and Business Trends » 9:30–12:30 PM: Global-Local Manufacturing and
Supply Chain Strategies » 12:30-1:30 PM: Luncheon » 1:30–5:00 PM: Technology, Productivity and
Manufacturing Strategy » 5:00–6:00 PM: Reception
Day 2
» 7:45–8:30 AM: Continental Breakfast » 8:30–12:00 PM: Manufacturing and Innovation » 12:00–1:00 PM: Luncheon » 1:00–4:00 PM: Risk and Resiliency » 4:00 PM: Adjournment
Who Should Attend
This program is for senior managers responsible for the
general business and strategic management of product
supply and development, including:
• CEOs
• CFOs
• CPOs
• Corporate Chief Strategy Officers
• Chief Supply Chain Officers
• VPs of manufacturing, product development, and
supply chain management
• IT managers
• Strategic planners
• Senior supply chain managers
• Project managers from firms involved in manufacture
and distribution of products
• Executives engaged in strategic partnering
• Financial service companies and retailers who would like
to control more of the supply chain
http://executive.mit.edu/mfg
Contact Information
MIT Sloan Executive Education Phone:+1-617-253-7166Fax:+1-617-253-6773Email: [email protected]://executive.mit.edu
MIT0214
Future of Manufacturing