Date: 1st July 2009 | Time 15:00 CET

"Combating Volatility through Flexibility "

David Simchi-Levi
Professor of Civil and Environmental Engineering and Engineering Systems
MIT

Overview:
With the economic recession in full swing, supply chain managers are facing a growing array of risks. Fluctuating transportation costs, high volatility in demand volume and mix, commodity price volatility, increase in labour costs in developing countries and the pressure to reduce inventories are just a few of the challenges that companies are struggling to overcome today and will likely face in the future.

In such an environment this web seminar will focus on three dimensions: Cost, Cash and Service. That is, it is important to identify strategies to reduce cost and cut working capital (cash) while at the same time maintain or increase service levels.

This webinar will enable you:

• Achieve multiple objectives through flexibility
• Introduce flexibility into your Manufacturing and Supply Chain strategies
• Respond effectively to ongoing change
• Estimate how much flexibility is required

Presented by:

Dr. Simchi-Levi holds a Ph.D. from Tel Aviv University. 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.

Dr. Simchi-Levi has been the principal investigator for more than five million dollars in funded academic research. He is the Editor-in-Chief of Operations Research, the flagship journal of INFORMS, the former Editor-in-Chief of Naval Research Logistics and a member of the board for several scientific journals including Management Science, Networks, Transportation Science and Telecommunication Systems