New book explains value of "logistics clusters" to companies, economies
MIT's Yossi Sheffi argues that locating logistics-related operations together benefits not just the companies themselves but also the economy at large.
No man is an island, wrote the poet John Donne—and according to a new book by Yossi Sheffi, the same could be said of logistics operations. Sheffi, director of the Massachusetts Institute of Technology's Center for Transportation and Logistics, believes companies gain a competitive advantage by locating their transportation and distribution operations within "logistics clusters"—geographically concentrated sets of logistics-related business activities—instead of in an isolated area.
In Logistics Clusters: Delivering Value and Driving Growth, Sheffi argues that logistics clusters offer a partial solution to current economic problems because they provide jobs and spark economic growth. He also contends that the clusters promote social justice by contributing to upward mobility and promoting environmental responsibility.
Using the examples of Memphis, Singapore, Chicago, Rotterdam, Los Angeles, and other locations, Sheffi outlines how logistics clusters develop and how they promote other industrial activities; the benefits of locating distribution and value-added activities in such areas; and how governments can support logistics clusters through investment, regulation, and trade policy.
The book will be published by MIT Press in October 2012. It can be pre-ordered for $29.95 at http://mitpress.mit.edu.
- Aspire to inspire
- CSCMP to issue certifications under new LINCS supply chain career program
- Target pushes out chief supply chain officer in continued operational realignment
- The Rainmakers
- "State of Logistics Report": U.S. business logistics costs hit $1.45 trillion in 2014, up 3.1 percent from 2013
Join the Discussion
After you comment, click Post. If you're not already logged in, you will be asked to log in or register.
Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : New book explains value of "logistics clusters" to companies, economies">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.