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: sloanexeced@mit.eduhttp://executive.mit.edu

MIT0214

Future of Manufacturing