Massachusetts Institute of Technology
Sign in | Create Account

Inventory Productivity: Missing Link Between Supply Chain Management and Sales - Jonathan L.S. Byrnes, Senior Lecturer, MIT

About the Presentation

Traditionally, supply chain and sales have been managed relatively independently, despite the critical impact that each has on the other. Systems thinking provides the key to linking these two critical business functions.

Inventory productivity, the return on invested capital in your inventory, is the single systems measure that links these two cornerstone functions. This webinar will: 1) explain the central importance of this critical metric; 2) describe how to measure inventory productivity in a practical way; 3) outline the levers that both sales and supply chain managers can use to radically improve inventory productivity; and 4) describe how leading companies have created core processes for sales and supply chain managers to work together to achieve stunning results.

About the Speaker:

Jonathan L.S. Byrnes, senior lecturer at MIT, is an acknowledged authority on supply chain management, account management, and profitability management. His extensive experience spans virtually every industry, including healthcare, transportation, software, retail, financial services, distribution, and others.

At MIT, Dr. Byrnes has taught at the graduate level and in executive programs for 20 years. He has authored over 100 books, articles, cases, notes, and expert submissions. In addition, he wrote a monthly column on managing profitability for Harvard Business School's Working Knowledge for four years, and recently authored Islands of Profit in a Sea of Red Ink, which Inc.com named to its list of Best Business Books of 2010.

He also is president of Jonathan Byrnes & Co., a consulting company founded in 1976. In that role he has advised over 50 major companies, medical institutions, and industry associations. Dr. Byrnes serves on the board of directors of MSC Industrial Direct, Inc. (a New York Stock Exchange company) and has served on the advisory boards of Objectiva Software and Autopart International. He currently serves on the advisory boards of RMG Networks, OCO, and WaveMark, all development-stage companies. Dr. Byrnes earned a DBA from Harvard University in 1980.

About the Series

The MIT System Design and Management Program Systems Thinking Webinar Series features research conducted by SDM faculty, alumni, students, and industry partners. The series is designed to disseminate information on how to employ systems thinking to address engineering, management, and socio-political components of complex challenges.

Comments (1)

Posted 25 days by Anonymous 00:01:35

You need to log in, in order to post comments. If you don’t have an account yet, sign up now!

MIT SDM Systems Thinking Webinar Series

MIT SDM Systems Thinking Webinar Series

Category: Education | Updated 2 months ago

Created
January 26, 2012 13:28
Category
License
All Rights Reserved (What is this?)
Additional Files


Viewed
2433 times

More from MIT SDM Systems Thinking Webinar Series

How Software Learns: What Happens after Software Is Shipped - Christine Miyachi, SDM Alumnus and Principal Systems Engineer and Architect, Xerox Corporation

How Software Learns: What Happens a...

Added 2 years ago | 01:04:00 | 3095 views

A Systems Approach for Addressing the Crisis in Employment and Consumer Demand - Nicholas A. Ashford, PhD., JD Professor of Technology and Policy Director, MIT Technology and Law Program

A Systems Approach for Addressing t...

Added 2 years ago | 01:00:00 | 2288 views

Multisourcing Conflicts: What does a manager focus on? - Nirmalya Banerjee, SDM '11 Development Manager, Open Access Technologies International Inc.

Multisourcing Conflicts: What does ...

Added over 1 year ago | 00:50:34 | 1011 views

How to Secure and Grow Your Islands of Profit - Jonathan L.S. Byrnes, Senior Lecturer, MIT

How to Secure and Grow Your Islands...

Added 6 months ago | 00:59:00 | 454 views

Applying Systems Thinking to World Hunger: Seeking Solutions in Agriculture, Food Production, and Sustainability - Hank Roark, senior staff systems engineer and researcher, Deere & Co., and SDM alumnus

Applying Systems Thinking to World ...

Added 9 months ago | 00:58:58 | 465 views

Systems Thinking and the Inevitability of the Dreamliner Delays

Systems Thinking and the Inevitabil...

Added 5 months ago | 01:08:16 | 332 views