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© MIT 2002 jrice@mit.edu Supply Chain Response to Global Terrorism: Synthesis of Feedback Potential MIT Roles December 6, 2002
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© MIT 2002 What can you see MIT’s role? Research Assessment of Risk Response – Corporations Response – Industry Level Integrator Industry – Government Facilitator/Honest Broker for informing operational response
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© MIT 2002 Research Focus Areas Assessment of Risk Overreaction The Threat: Probability & impact of threat Identification of the risks Correlation of the risks defined and the Insurance Industry response Response – Corporations How to respond Flexibility & redundancy in SC design Development of measures & incentives for orgzn support Developing the business case Quantifying the collateral benefit Response – Industry Level Role of technology (various applications: tracking, security checking) Economics (business case) at an industry level Role of government & industry-government partnerships Building & protecting the infrastructure Identifying the recovery plan post-disruption
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