Yossi Sheffi, Director, MIT Center for Transportation and LogisticsFrom Yossi Sheffi, Director, MIT Center for Transportation and LogisticsSC Finance & Revenue ManagementIf You Eliminate Risk by Spending Money, Should You Keep Investing in Risk Avoidance?As the saying goes: "One does not get promoted based on cost avoidance." One of the reasons is that costs avoided do not show up on financial statements. On the other hand, costs incurred - including security outlays - are visible, and often become prime targets for the CFO's cost-cutting knife.October 11, 2013Air CargoTime and Money Advantages of Logistics ClustersThese clusters are agglomerations of logistics activities in a region or logistics park, and there can be huge cost-saving advantages to locating in them.October 9, 2012Page 1 of 1
