Shardul Phadnis

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Associate Professor II of Operations and Supply Chain Management

Area of Expertise:

Strategic Supply Chain Management, Scenario Planning, Supply Chain-Based Business Models

Dr. Shardul Phadnis is an Associate Professor II of Operations and Supply Chain Management at the Asia School of Business. His research explores the intersection of supply chains and strategic management: (a) how organizations create value by orchestrating supply chain operations and (b) how strategy processes, such as scenario planning, influence the adaptability of supply chain infrastructures and processes.

His research has been published in leading journals in both disciplines, such as Strategic Management Journal, Academy of Management Perspectives, Technological Forecasting & Social Change, Production and Operations Management, Journal of Business Logistics, MIT Sloan Management Review, and several others. His book “Strategic Planning for Dynamic Supply Chains: Preparing for Uncertainty Using Scenarios” (Palgrave Macmillan, 2022) describes first-hand accounts of scenario planning applications in three in-depth cases of strategic/long-range planning in business and governmental planning organizations. Shardul is a member of the editorial board of Futures & Foresight Science and regularly peer-reviews research for leading management journals and academic conferences.

Shardul received the Giarratani Rising Star Award (2015) from the Industry Studies Association for his research in apparel supply chains. He has also been honored with the Best Reviewer Award for his reviews of papers submitted to the Academy of Management’s annual meeting (Operations and Supply Chain Management Division, 2020).

Applying his expertise in strategic supply chain management to contribute to the greater good, Shardul serves as the President of the board of directors (a voluntary role) of The Lost Food Project – a sustainability-focused Malaysian food bank that rescues surplus food from going to the landfill to provide nutritious meals.

Shardul holds a PhD in Engineering Systems from the Massachusetts Institute of Technology. He teaches graduate-level courses in Operations and Strategic Supply Chain Management, and Scenario Planning in executive education. Before beginning his academic career, Shardul worked in manufacturing firms for seven years and led the Continuous Improvement program at a design-to-manufacture firm.

Check Shardul’s full list of publications (Google Scholar): https://scholar.google.com/citations?user=0tgjTLcAAAAJ

Books

Phadnis, Sheffi, & Caplice. (2022). Strategic Planning for Dynamic Supply Chains: Preparing for Uncertainty Using Scenarios. Cham, Switzerland: Palgrave Macmillan.

Manuscripts under Review and Working Papers (May 2024)

Phadnis & Schoemaker. Strategic agility in supply chains: Integrating diverse perspectives – Being finalized for resubmission after 1st revision.
Phadnis. Validating effects of scenario planning: Lessons from medical research (Book chapter in “Scenario Planning and Futures Thinking.” Eds. Megan Crawford & George Wright, Edward Elgar Publishing)
Phadnis. Epistemological foundation and approach to identify scenario indicators from extant datasets – Being finalized for journal submission.
Phadnis. Effect of scenario planning on perception and action to weak signals: An experimental study of preparedness for supply chain shifts – Being finalized for journal submission.

Published Articles and Book Chapters

Phadnis & Schoemaker. (2024). It’s high time to go beyond visibility. Supply Chain Management Review, Mar/Apr, 16-23.
Phadnis & Fine. (2024). Market expansion through online-buying to store-pickup (O2S): Implications for end-to-end supply chain strategy. International Journal of Production Economics, 269, 109155. doi: 10.1016/j.ijpe.2024.109155
Phadnis. (2024). A review of research on supply chain adaptability: Opening the black box. Journal of Business Logistics, 45(1), e12370. doi: 10.1111/jbl.12370
Phadnis. (2024). Creating value through supply chain orchestration as a business model. Academy of Management Perspectives, 38(1), 1-22. doi: 10.5465/amp.2022.0001
Phadnis. (2023). Considering field factors to enhance external validity of scenario planning experiments: A commentary on Derbyshire et al. (2022). Futures & Foresight Science, e150. doi: 10.1002/ffo2.150.
Phadnis & Schoemaker. (2022). Visibility isn’t enough: Supply chains also need vigilance. Management and Business Review, 2(2), 49-59.
Phadnis. (2021). Advancing scenario planning theory: A commentary on Fergnani and Chermack 2021. Futures & Foresight Science, e72. doi: 10.1002/ffo2.72.
Phadnis. (2021). Agent-based modeling complements intuitive logics: A commentary on Lustick and Tetlock 2021. Futures & Foresight Science, 3(2), e78. doi: 10.1002/ffo2.78.
Phadnis & Darkow. (2021). Scenario planning as a strategy process to foster supply chain adaptability: Theoretical framework and longitudinal case. Futures & Foresight Science, 3(2), e62. doi: 10.1002/ffo2.62.
Joglekar & Phadnis. (2021). Accelerating supply chain scenario planning. MIT Sloan Management Review, 62(2), 73-76.
Phadnis & Joglekar. (2021). Configuring supply chain dyads for regulatory disruptions: A behavioral study of scenarios. Production and Operations Management, 30(4), 1014-1033. doi: 10.1111/poms.13290.
Phadnis. (2019). Effectiveness of Delphi- and scenario planning-like processes in enabling organizational adaptation: A simulation-based comparison. Futures & Foresight Science, 1(2), e9. doi: 10.1002/ffo2.9.
Perez-Franco & Phadnis. (2018) Eliciting and representing the supply chain strategy of a business unit. The International Journal of Logistics Management, 29(4), 1401-1423.
Phadnis. (2018). Internet of things and supply chains: A framework for identifying opportunities for improvement and its application. In Khuan & Raman (Eds.), Emerging Technologies for Supply Chain Management (pp. 7-24). Penang, Malaysia: WOU Press.
Phadnis, Sheffi, Caplice, & Singh. (2017). Strategic cognition of operations executives. Production and Operations Management, 26(12), 2323-2337.
Phadnis & Fine. (2017). End-to-end supply chain strategies: Parametric study of the apparel industry. Production and Operations Management, 26(12), 2305-2322.
Perez-Franco, Phadnis, Caplice, & Sheffi. (2016). Rethinking supply chain strategy as a conceptual system. International Journal of Production Economics, 182, 384-396.
Phadnis, Caplice, & Sheffi. (2016). How scenario planning influences strategic decisions. MIT Sloan Management Review, 57(4), 21-24.
Phadnis, Caplice, Sheffi, & Singh. (2015). Effects of scenario planning on field experts’ judgment of long-range investment decisions. Strategic Management Journal, 36(9), 1401-1411.
Phadnis, Caplice, Singh, & Sheffi. (2014). Axiomatic foundation and a structured process for developing firm-specific Intuitive Logics scenarios. Technological Forecasting & Social Change, 88, 122-139.
Phadnis, Perez-Franco, Caplice, & Sheffi. (2013). Educating supply chain professionals to work in global virtual teams. Proceedings of CSCMP Educators’ Conference.
Phadnis & Caplice. (2013). Global virtual teams: How are they performing? Supply Chain Management Review, 17(4), 8-9.
Caplice & Phadnis. (2013). Strategic issues facing transportation: Scenario planning for freight transportation infrastructure investment (NCHRP Report 750). Washington, DC: Transportation Research Board.
Caplice & Phadnis. (2013). Driving forces influencing future freight flows (NCHRP Project 20-83(1)). Washington, DC: Transportation Research Board. doi: 10.17226/22627
Phadnis. (2012). Influencing managerial cognition and decisions using scenarios for long-range planning (Doctoral dissertation, Massachusetts Institute of Technology). https://dspace.mit.edu/handle/1721.1/78483

Selected Online-only Publications

Phadnis. (2020, Jun). Impact of Covid-19 pandemic and national lockdowns on supply chains in Southeast Asia. Malaysia Institute for Supply Chain Innovation Whitepaper.
Phadnis. (2018, Mar). What type of strategic thinker are you. Supply Chain Frontiers.
Phadnis. (2017, Dec). Make global supply chains more effective with Internet-of-things. C.H. Robinson Whitepaper.
Bashir & Phadnis. (2017, Feb). It takes more than math to design a distribution network. MIT Sloan Management Review Online.
Phadnis. (2015, Aug). Connecting Supply Chains to the Internet of Things. Supply Chain Frontiers.
Caplice & Phadnis. (2014, Jul). A better approach to infrastructure planning. Harvard Business Review Online.
Caplice & Phadnis. (2013, Mar). Driving forces influencing future freight flows (NCHRP Web-only Document 195). Washington, DC: Transportation Research Board. http://nap.edu/22627

“Effect of Scenario Use: Sensemaking and Attention to Organizational Environments”

Research Seminar Series, Asia School of Business (Kuala Lumpur, Malaysia)May 2024

Invited talk – Crossing Bridges Research Symposium, SKEMA Business School (Paris, France)Apr 2024

“Challenge of Environmental Sustainability: Mastering Uncertainty Using Scenario Planning to Make Infrastructure Investments”

Masterclass at MISC Bhd. headquarters (Kuala Lumpur, Malaysia)Nov 2023

“Effects of Scenario Use: Detection of Weak Signals of Shift in Organizational Environments”

Academy of Management Annual Meeting – (Boston, MA, USA Aug 2023

“Management Innovations to Solve the World’s Grand Challenges: The Case of Hunger”

Epsom College (Malaysia) Visit to Asia School of Business (Kuala Lumpur, Malaysia)Jun 2023

“Role of Scenario Planning in Managing Supply Chains”

Turku School of Economics – Keynote at Finnish Association for Purchasing & Logistics (online)May 2023

“Visibility Isn’t Enough: Supply Chains Also Need Vigilance”

Kraft Heinz (East Operations, Dubai) Speaker Series – VirtualMay 2023

“Adapting Supply Chains for a Sustainable World”

Masterclass at Leadership for Enterprise Sustainability Asia – (Kuala Lumpur, Malaysia)Mar 2023

“Implications of Buy-Online-and-Pick-up-in-Store (BOPS) for End-to-end Supply Chain Strategy” (w/ Charlie Fine)

Academy of Management Annual Meeting – Virtual (SeattleAug 2022

Decision Sciences Institute Annual Conference – VirtualNov 2021

Asia School of Business (Kuala Lumpur, Malaysia)Apr 2021

“Supply Chains 2050: Preparing for STEEP Uncertainty” –

Keynote address – ICT Spring 2022, Virtual (Luxembourg)Jul 2022

“Visibility and Vigilance in Supply Chains”

Asia School of Business Alumni CollegeJun 2022

“Strategic Planning for Dynamic Supply Chains”

Virtual book launch – Asia School of BusinessMay 2022

“Navigating Supply Chain Disruptions”

American Malaysian Chamber of Commerce (AMCHAM) webinarJul 2022

“Configuring Supply Chain Dyads for Emergent Regulatory Regimen: Behavioral Study of Brexit Scenarios” (w/Nitin Joglekar)

Industry Studies Annual Conference – Virtual (MIT, Boston) Invited talkJun 2020

Academy of Management Annual Meeting (Boston) Nominated for Carolyn B. Dexter AwardAug 2019

Production & Operations Management Society (Washington, DC)May 2019

Asia School of Business (Kuala Lumpur, Malaysia)Oct 2018

Production & Operations Management Society (Houston)May 2018

“Border Agency Cooperation in APEC: Lessons from Supply Chain Management”

Invited talk – APEC Alliance for Supply Chain Connectivity, A2C2 (Putrajaya, Malaysia)Feb 2020

“Retail Supply Chains for Local and Tourist Consumers”

Keynote address – Malaysia Retail Tech & Innovation (Kuala Lumpur, Malaysia)Oct 2019

“Supply chain adaptation: Theoretical framework, conceptual model, and longitudinal data-based application of scenario planning approach” (with Inga-Lena Darkow)

Academy of Management Annual Meeting (Boston)Aug 2019

Decision Sciences Institute Annual Meeting (Chicago)Nov 2018

“Industry 4.0 and Supply Chain Management”

Keynote address – 3rd Int’l. Conf. Dynamic Innovation, Malaysia Univ. Science & TechnologyNov 2018

“Supply chain adaptation: Theoretical framework, conceptual model, and longitudinal data-based application of scenario planning approach” (with Inga-Lena Darkow)

Decision Sciences Institute Annual Meeting (Chicago)Nov 2018

“Battle of Small and Medium Enterprise (SME) and chain retailers: A simulation study”

Decision Science Institute Conference (Chicago)Nov 2018

Industry Studies Conference (Minneapolis) – presented preliminary versionMay 2016

“Organizational adaptability through scenario planning”

The Red Brick Summit – Indian Institute of Management (Ahmedabad, India)Oct 2018

“End-to-end apparel supply chains with omnichannel retailing”

Production & Operations Management Society (HoustonMay 2018

Industry Studies Conference (Washington, DC)May 2017

Industry Studies Conference (Minneapolis) – presented preliminary versionMay 2016

“I(o)T is coming to the supply chain world”

LogiSYM – Malaysia (Kuala Lumpur)Jul 2018

“Internet of things and supply chains”

Keynote address – Wawasan Open University (Penang, Malaysia)Jan 2017

“Strategy processes and adaptation: Are Delphi and scenario planning superior to plurality voting?”

Academy of Management Annual Meeting (Anaheim, CA)Aug 2016

“Disruptions from technological advances: Implications of internet-of-things, omnichannel, and 3D printing for today’s supply chains”

Keynote address – Manufacturing & Logistics Forum (Kuala Lumpur, Malaysia)Jun 2016

“Formulating supply chain strategy: Use of scenario planning”

Keynote address – 10^th Annual Int’l. Congress of Logistics & Supply Chain (Medellin, Colombia)Jun 2015

“Making sense out of external data: Identifying leading indicators for scenario monitoring”

Industry Studies Conference (Kansas City, MO)May 2015

“End-to-end supply chain models for apparel industry”

Industry Studies Conference (Kansas City, MO)May 2015

Asia School of Business (Kuala Lumpur, Malaysia)May 2015

“Does Scenario Planning Work? Preliminary Results and Research Agenda”

Singapore University of Technology and Design (SingaporeMar 2015

“Apparel supply chains: End-to-end model”

Industry Studies Conference (Portland, OR)May 2014

Biography

Check Shardul’s full list of publications (Google Scholar): https://scholar.google.com/citations?user=0tgjTLcAAAAJ

Publications

Books

Phadnis, Sheffi, & Caplice. (2022). Strategic Planning for Dynamic Supply Chains: Preparing for Uncertainty Using Scenarios. Cham, Switzerland: Palgrave Macmillan.

Manuscripts under Review and Working Papers (May 2024)

Phadnis & Schoemaker. Strategic agility in supply chains: Integrating diverse perspectives – Being finalized for resubmission after 1st revision.
Phadnis. Validating effects of scenario planning: Lessons from medical research (Book chapter in “Scenario Planning and Futures Thinking.” Eds. Megan Crawford & George Wright, Edward Elgar Publishing)
Phadnis. Epistemological foundation and approach to identify scenario indicators from extant datasets – Being finalized for journal submission.
Phadnis. Effect of scenario planning on perception and action to weak signals: An experimental study of preparedness for supply chain shifts – Being finalized for journal submission.

Published Articles and Book Chapters

Phadnis & Schoemaker. (2024). It’s high time to go beyond visibility. Supply Chain Management Review, Mar/Apr, 16-23.
Phadnis & Fine. (2024). Market expansion through online-buying to store-pickup (O2S): Implications for end-to-end supply chain strategy. International Journal of Production Economics, 269, 109155. doi: 10.1016/j.ijpe.2024.109155
Phadnis. (2024). A review of research on supply chain adaptability: Opening the black box. Journal of Business Logistics, 45(1), e12370. doi: 10.1111/jbl.12370
Phadnis. (2024). Creating value through supply chain orchestration as a business model. Academy of Management Perspectives, 38(1), 1-22. doi: 10.5465/amp.2022.0001
Phadnis. (2023). Considering field factors to enhance external validity of scenario planning experiments: A commentary on Derbyshire et al. (2022). Futures & Foresight Science, e150. doi: 10.1002/ffo2.150.
Phadnis & Schoemaker. (2022). Visibility isn’t enough: Supply chains also need vigilance. Management and Business Review, 2(2), 49-59.
Phadnis. (2021). Advancing scenario planning theory: A commentary on Fergnani and Chermack 2021. Futures & Foresight Science, e72. doi: 10.1002/ffo2.72.
Phadnis. (2021). Agent-based modeling complements intuitive logics: A commentary on Lustick and Tetlock 2021. Futures & Foresight Science, 3(2), e78. doi: 10.1002/ffo2.78.
Phadnis & Darkow. (2021). Scenario planning as a strategy process to foster supply chain adaptability: Theoretical framework and longitudinal case. Futures & Foresight Science, 3(2), e62. doi: 10.1002/ffo2.62.
Joglekar & Phadnis. (2021). Accelerating supply chain scenario planning. MIT Sloan Management Review, 62(2), 73-76.
Phadnis & Joglekar. (2021). Configuring supply chain dyads for regulatory disruptions: A behavioral study of scenarios. Production and Operations Management, 30(4), 1014-1033. doi: 10.1111/poms.13290.
Phadnis. (2019). Effectiveness of Delphi- and scenario planning-like processes in enabling organizational adaptation: A simulation-based comparison. Futures & Foresight Science, 1(2), e9. doi: 10.1002/ffo2.9.
Perez-Franco & Phadnis. (2018) Eliciting and representing the supply chain strategy of a business unit. The International Journal of Logistics Management, 29(4), 1401-1423.
Phadnis. (2018). Internet of things and supply chains: A framework for identifying opportunities for improvement and its application. In Khuan & Raman (Eds.), Emerging Technologies for Supply Chain Management (pp. 7-24). Penang, Malaysia: WOU Press.
Phadnis, Sheffi, Caplice, & Singh. (2017). Strategic cognition of operations executives. Production and Operations Management, 26(12), 2323-2337.
Phadnis & Fine. (2017). End-to-end supply chain strategies: Parametric study of the apparel industry. Production and Operations Management, 26(12), 2305-2322.
Perez-Franco, Phadnis, Caplice, & Sheffi. (2016). Rethinking supply chain strategy as a conceptual system. International Journal of Production Economics, 182, 384-396.
Phadnis, Caplice, & Sheffi. (2016). How scenario planning influences strategic decisions. MIT Sloan Management Review, 57(4), 21-24.
Phadnis, Caplice, Sheffi, & Singh. (2015). Effects of scenario planning on field experts’ judgment of long-range investment decisions. Strategic Management Journal, 36(9), 1401-1411.
Phadnis, Caplice, Singh, & Sheffi. (2014). Axiomatic foundation and a structured process for developing firm-specific Intuitive Logics scenarios. Technological Forecasting & Social Change, 88, 122-139.
Phadnis, Perez-Franco, Caplice, & Sheffi. (2013). Educating supply chain professionals to work in global virtual teams. Proceedings of CSCMP Educators’ Conference.
Phadnis & Caplice. (2013). Global virtual teams: How are they performing? Supply Chain Management Review, 17(4), 8-9.
Caplice & Phadnis. (2013). Strategic issues facing transportation: Scenario planning for freight transportation infrastructure investment (NCHRP Report 750). Washington, DC: Transportation Research Board.
Caplice & Phadnis. (2013). Driving forces influencing future freight flows (NCHRP Project 20-83(1)). Washington, DC: Transportation Research Board. doi: 10.17226/22627
Phadnis. (2012). Influencing managerial cognition and decisions using scenarios for long-range planning (Doctoral dissertation, Massachusetts Institute of Technology). https://dspace.mit.edu/handle/1721.1/78483

Selected Online-only Publications

Phadnis. (2020, Jun). Impact of Covid-19 pandemic and national lockdowns on supply chains in Southeast Asia. Malaysia Institute for Supply Chain Innovation Whitepaper.
Phadnis. (2018, Mar). What type of strategic thinker are you. Supply Chain Frontiers.
Phadnis. (2017, Dec). Make global supply chains more effective with Internet-of-things. C.H. Robinson Whitepaper.
Bashir & Phadnis. (2017, Feb). It takes more than math to design a distribution network. MIT Sloan Management Review Online.
Phadnis. (2015, Aug). Connecting Supply Chains to the Internet of Things. Supply Chain Frontiers.
Caplice & Phadnis. (2014, Jul). A better approach to infrastructure planning. Harvard Business Review Online.
Caplice & Phadnis. (2013, Mar). Driving forces influencing future freight flows (NCHRP Web-only Document 195). Washington, DC: Transportation Research Board. http://nap.edu/22627

Conference & Presentations