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Future of Manufacturing

This program is in the Executive Certificate in Technology, Operations, and Value Chain Management track NEW Oct 31–Nov 1, 2013 Apr 10–11, 2014 Oct 30–31, 2014 Cambridge Massachusetts, U.S. US $2,900 (excluding accommodations) Please visit our website for the most current information.

“ 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 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 economics 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.

Program Takeaways
The program will enable participants to better understand: t5IFJNQBDUPGUFDIOPMPHZ BOEJOQBSUJDVMBS  information technology, on manufacturing decisions, talent and R&D t5FDIOJRVFTUPBOBMZ[FUIFTUSVDUVSFPGZPVSTVQQMZ chain in view of global challenges t"GSBNFXPSLUPBTTFTTUIFJNQBDUPGPJMQSJDFBOE labor costs on your business and manufacturing decisions t5FDIOJRVFTUPJEFOUJGZBOESFEVDFUIFMFWFMPG exposure to risk in your supply chain t5IFJNQBDUUIFTFDIBOHJOHEZOBNJDTIBWFPOZPVS business: risks and benefits of outsourcing, near-shoring and re-shoring

http://executive.mit.edu/fom

mit.k. product development. His research currently focuses on developing and implementing robust and efficient techniques for logistics and manufacturing systems. His projects include a study of information worker productivity. the “long tail” . His latest book Operations Rules: Delivering Customer Value through Flexible Operations was published by MIT Press in October 2010. He has published widely in professional journals on both practical and theoretical aspects of logistics and supply chain management. including: t t t t t t t t t t t t CEOs CFOs CPOs Corporate Chief Strategy Officers Chief Supply Chain Officers VPs of manufacturing. is Professor of Engineering Systems at MIT and Co-Director. a valuation method for intangible organizational capital. He directs the MIT Center for Digital Business. with a particular emphasis on fast clockspeed manufacturing industries. 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.Future of Manufacturing 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. Leaders for Global Operations. calibration of increased product variety online (a. 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.a.) and an analysis of optimal pricing strategies for digital goods. Erik Brynjolfsson explores how advances in information technology contribute to business performance and organizational change.edu/fom Contact Information MIT Sloan Executive Education Phone:+1-617-253-7166 Fax:+1-617-253-6773 Email: sloanexeced@mit. http://executive. Faculty Director.edu http://executive.edu MIT213 . a research initiative that analyzes the business uses of the Internet and other digital Technologies.mit. 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 Program Faculty David Simchi-Levi.