Apple’s Supply Chain Issues Could Cost $2 Billion

How could Apple’s supply chain issues cost the company $2 billion. Many companies are dealing with SCM issues and Apple is no exception.

Resources on Apple and Supply Chain.

SCM Quotes

“Supply chains are everywhere. From the biggest company in the world to running your household. We all have supply chain experience even if we don’t know it.” ~Dave Waters
“The Toyota style is not to create results by working hard. It is a system that says there is no limit to people’s creativity. People don’t go to Toyota to ‘work’ they go there to ‘think’.” ~Taiichi Ohno
“Capital isn’t so important in business. Experience isn’t so important. You can get both these things. What is important is ideas. If you have ideas, you have the main asset you need, and there isn’t any limit to what you can do with your business and your life.” ~ Harvey Firestone
“If you don’t understand how to run an efficient operation, new machinery will just give you new problems of operation and maintenance. The sure way to increase productivity is to better administrate man and machine.” ~W. Edwards Deming
“Supply Chain automation using emerging technologies such as IoT and artificial intelligence will drive efficiency like we have never seen before.” ~Dave Waters
“Our industry does not respect tradition. It only respects innovation.” ~Satya Nadella
“You can do so much in 10 minutes time. Ten minutes, once gone, are gone for good. Divide your life into 10-minute units and sacrifice as few of them as possible in meaningless activity.” ~Ingvar Kamprad, IKEA founder.
“We don’t know a millionth of one percent about anything.” ~Thomas Edison