Yossi Sheffi
Sheffi in Reykjavík, 2012
Born (1948-04-10) April 10, 1948 (age 76)
Occupations
  • academic
  • engineer
  • entrepreneur
Title
Academic background
EducationTechnion – Israel Institute of Technology (BSc)
Massachusetts Institute of Technology (SM, PhD)
ThesisTransportation Networks Equilibration with Discrete Choice Models (1978)
Doctoral advisorFred Moavenzadeh
Carlos Daganzo
Academic work
DisciplineSupply chain management, logistics, system optimization
InstitutionsMassachusetts Institute of Technology
Doctoral studentsCynthia Barnhart
Military service
Allegiance Israel
Service/branch Israeli Air Force
Years of service1966–1971, 1973

Yossi Sheffi (born April 10, 1948) is an Israeli-American academic, engineer, and entrepreneur whose work specializes in supply chain management and logistics. He is the Elisha Gray II Professor of Engineering Systems at the Massachusetts Institute of Technology. He founded or co-founded five companies, has authored numerous scientific publications and seven books.[1]

He obtained his BSc from the Technion – Israel Institute of Technology in 1975, his SM from MIT in 1977, and PhD from MIT in 1978. He now resides in Boston, Massachusetts.[2]

Early life and education

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Sheffi was born and raised in Jerusalem. In 1966, he joined the Israeli Air Force and served until 1971, when he began studying at the Technion – Israel Institute of Technology. His studies were interrupted by the outbreak of the Yom Kippur War in October 1973, during which he returned to serve in the Israeli Air Force. After the war, he returned to the Technion and earned his bachelor's degree in civil engineering in 1975.

In 1975, Sheffi moved to the United States to study at the Massachusetts Institute of Technology, earning his master's degree in civil engineering that same year and his doctorate in 1978.

Career

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Sheffi pioneered early technological tools for transportation and logistics, particularly for urban logistics network optimization[3] (EXAMPLES).

Since 1992, Sheffi has served as the Director of the MIT Center for Transportation and Logistics. From 2007 to 2012, he was the Director of the MIT Engineering Systems Division. He is the founding Director of MIT's Master of Supply Chain Management degree, established in 1998. In 2003 he launched the Zaragoza Logistics Center, situated in PLAZA, the largest logistics park in Europe.[4] In 2008 he launched the Center for Latin-American Logistics Innovation in Bogota, Colombia. In 2011 he launched the Malaysia Institute for Supply Chain Innovation in Kuala Lumpur.[5]

Works

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Books

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Sheffi is the author of seven books:

  • Urban Transportation Networks: Equilibrium Analysis with Mathematical Programming Methods (Prentice Hall, 1985)
  • The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press, 2005)
  • Logistics Clusters: Delivering Value and Driving Growth (MIT Press, 2012)
  • The Power of Resilience: How the Best Companies Manage the Unexpected (MIT Press, 2015)
  • Balancing Green: When to Embrace Sustainability in a Business (And When Not To) (MIT Press, 2018)
  • The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19 (MIT CTL Media, 2020)
  • A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World (MIT CTL Media, 2021)

Entrepreneurship

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Yossi Sheffi has founded and co-founded five companies:

  • LogiCorp Inc. was a third party logistics company founded as a subsidiary of Rockwell International by Sheffi and Lorne Darnell in 1988 and was bought from Rockwell by Sheffi and his partners in 1991. LogiCorp was acquired by Ryder System in April 1994.[6]
  • Sheffi co-founded the Princeton Transportation Consulting Group (PTCG), a software company developing optimization-based decision support systems for the motor carrier industry, in 1987. In 1992 he bought the company from his three partners, develop it further and in 1996 he sold the company to Sabre Holdings.[7]
  • Sheffi co-founded Syncra Systems, a provider of supply chain intelligence and collaboration solutions in 1997 and served as Chairman of the Board until 2002. In 2004 the company was acquired by Retek Inc. which was in turn acquired by Oracle Inc.[8]
  • Sheffi co-founded e-Chemicals Inc., an e-commerce distributor of industrial chemicals, in 1998 with funding from Internet Capital Group (ICG).[9] In December 2000, e-Chemicals was acquired by Aspen Technology.[10]
  • Sheffi founded Logistics.com, a transportation, logistics and supply chain management optimization software provider in January 2000 with funding from Internet Capital Group. In 2003 the company was acquired by Manhattan Associates, Inc.[11]

Major honors and awards

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References

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  1. ^ "Professor Yossi Sheffi Bio Page". ctl.mit.edu. Retrieved 2019-02-05.
  2. ^ "Yossi Sheffi". Center for Transportation and Logistics.
  3. ^ Slavin, Howard (1996-08). "An integrated, dynamic approach to travel demand forecasting". Transportation. 23 (3). doi:10.1007/BF00165707. ISSN 0049-4488. {{cite journal}}: Check date values in: |date= (help)
  4. ^ "Biography for Professor Yossi Sheffi," SCM World.
  5. ^ "MIT and the government of Malaysia sign long-term agreement". MIT News. 2011-03-22. Retrieved 2022-03-23.
  6. ^ Ryder Systems Acquires LogiCorp Inc., New York Times, April 12, 1994.
  7. ^ David Diamond, "The trucker and the professor", Wired, September 2006.
  8. ^ Kurt Peters, "Retek buys supply chain collaboration technology from Syncra Systems," Internet Retailer, November 16, 2004.
  9. ^ http://www.icg.com/
  10. ^ Joe Bousquin, "Aspen Technology Buys Internet Marketplace for Chemicals Archived July 17, 2011, at the Wayback Machine", The Street, January 24, 2001.
  11. ^ Renee Boucher Ferguson, "Manhattan Associates Buys Logistics.com", eWeek, January 2, 2003.
  12. ^ http://www.zlc.edu.es/default.aspx?info=00047D
  13. ^ "MIT awarded Aragon International Prize", MIT News, April 27, 2009.
  14. ^ "Operations Research Center Honors and Awards 2008-2009".
  15. ^ "The Resilient Enterprise Named "2005 Book of the Year Archived July 20, 2011, at the Wayback Machine", MIT Center for Transportation and Logistics web site.
  16. ^ James Pickford, "The Best Business," Financial Times, December 9, 2005.
  17. ^ Council of Logistics Management web site.
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Category:MIT School of Engineering faculty Category:Living people Category:1948 births Category:American non-fiction writers Category:American business writers Category:Massachusetts Institute of Technology alumni Category:Technion – Israel Institute of Technology alumni