Future of Manufacturing

This program is in the Executive Certicate in Technology, Operations, and Value Chain Management track NEW Oct 31Nov 1, 2013 Apr 1011, 2014 Oct 3031, 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 exible approaches to manufacturing while identifying decisions and processes that need to be centralized. This entails larger, efcient 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 capabilitiesmoving 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 prole 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
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business: risks and benets of outsourcing, near-shoring and re-shoring

http://executive.mit.edu/fom

Future of Manufacturing
Sample Program Schedule (subject to change)
Day 1
7:458:30 AM: Registration and Continental Breakfast 8:309:30 AM: Introduction and Business Trends 9:3012:30 PM: Global-Local Manufacturing and Supply Chain Strategies 12:30-1:30 PM: Luncheon 1:305:00 PM: Technology, Productivity and Manufacturing Strategy 5:006:00 PM: Reception

Day 2
7:458:30 AM: Continental Breakfast 8:3012:00 PM: Manufacturing and Innovation 12:001:00 PM: Luncheon 1:004:00 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: t
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CEOs CFOs CPOs Corporate Chief Strategy Ofcers Chief Supply Chain Ofcers VPs of manufacturing, product development, and supply chain management IT managers Strategic planners Senior supply chain managers Project managers from rms 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, 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 efcient 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. Erik Brynjolfsson explores how advances in information technology contribute to business performance and organizational change. He directs the MIT Center for Digital Business, a research initiative that analyzes the business uses of the Internet and other digital Technologies. His projects include a study of information worker productivity, a valuation method for intangible organizational capital, calibration of increased product variety online (a.k.a. the long tail .) and an analysis of optimal pricing strategies for digital goods. Charles Fine teaches operations strategy and supply chain management and directs the roadmapping activities in MITs Communications Futures Program. His research focuses on supply chain strategy and value chain roadmapping, with a particular emphasis on fast clockspeed manufacturing industries.

http://executive.mit.edu/fom
Contact Information
MIT Sloan Executive Education Phone:+1-617-253-7166 Fax:+1-617-253-6773 Email: sloanexeced@mit.edu http://executive.mit.edu

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