A new MIT study on supply chain risk shows no correlation between the total amount a manufacturer spends with a supplier and the profit loss it would incur if that supply were suddenly interrupted. This counterintuitive finding defies a basic business tenet that equates the greatest supply chain risk with suppliers of highest annual expenditure.

The MIT Forum for Supply Chain Innovation has formed a Manufacturing Technology Advisory Board to bring MIT academia and research together with major technology providers and industry leaders to collaborate on key issues in the U.S. manufacturing industry, such as technology, process innovation, supply chain risk and reshoring enablers.