Press & Events
Join us December 10, 2021 for MIT GeneSys Fest Fall 2021: Helping micro and small firms (MSE’s) in Latin America mitigate the impact of the Covid-19 crisis
Join us June 24 – 25, 2021 for MIT GeneSys Fest Spring 2021: Helping micro and small firms (MSE’s) in Latin America mitigate the impact of the Covid-19 crisis
Join us December 4, 2020 for MIT GeneSys Fest 2020: Helping micro and small firms (MSE’s) in Latin America mitigate the impact of the Covid-19 crisis
¿Cómo sobrevivir al Coronavirus con mejores prácticas de gestión de suministros? La crisis del Covid-19 ha comenzado a afectar severamente a los países de América Latina, específicamente a las micro y pequeñas empresas que representan el 99% de los negocios en la...
The mission of the MIT GeneSys research initiative at MIT is to contribute to the survival and growth of small businesses by improving their operations and supply chain management expertise.
Dr. Josué Velázquez Martínez provided, with the support of MIT SCM 2020 students Analiz Cabrera and Trevor Thompson, an interactive workshop with owners of small firms in Bucaramanga, Colombia to explore different problems that each industry faces in order to improve their productivity and survival rate
For the GCLOG 2020 class, Dr. Josué Velázquez Martínez and Dr. Cansu Tayaksi participated as lecturers during the students’ summer stay
During the workshop for MIT Global Scale Network Latin America, Dr. Josué Velázquez Martínez and Dr. Cansu Tayaksi presented an overview of MIT GeneSys project and the partnership with several universities in Latin America to improve the supply chain management practices in small firms.
Dr. Josué Velázquez Martínez provided with the support of MIT SCM 2019 students Fadi Abou Chacra and Joshua Rocha, as well as MIT CGLOG student Denisse Chin an interactive workshop with owners of small firms in Guadalajara, México to provide skills of better practices in supply chain management
In developing countries, small mom-and-pop grocery stores called nanostores are one of the main grocery market channels. Cash constraints are a severe issue that affects these small businesses, preventing them from buying enough inventory to meet client demand, and forcing them to reject orders from suppliers due to a lack of cash to pay the supplier on delivery.
Adoption of Best Business and Supply Chain Practices and Micro/small Firms’ Performance: Evidence from Northern Peru
Micro and small enterprises (MSEs) represent 99% of Peruvian firms, contribute 42% of Peru’s Gross Domestic Product, and employ half of the country’s labor force. Despite their relevance for the Peruvian Economy, they have low survival rates and are characterized by low productivity and processes inefficiencies.
The Coexistence of Nanostores within the Retail Landscape: A Spatial Statistical Study for Mexico City
The fast growth of chain convenience stores (CCS) and the financial stability of modern channel stores (MCS) has provoked speculation about whether nanostores (i.e., mom-and-pop stores) are going to disappear or if they will endure.
Small and Medium Enterprises represent 90% of companies in OECD countries, with low productivity
being one of their main challenges.
A large majority of companies in Latin America are micro or small firms, making them an important part of the region’s economy.
The hidden impact of micro-retailers’ survival rate on the logistics cost of consumer packaged goods companies
Millions of mom-and-pop stores represent 40-70% of the market share of Consumer Packaged Goods (CPG) companies.
Micro and small firms represent the largest percentage of the businesses operating in Latin America having a high employability contribution and a high potential Gross Domestic Product (GDP) impact on the region.