Supply Chain Resilience and Disruption Quotes by Top Minds.
- “Without logistics the world stops.” ~Dave Waters
- “85% of the reasons for failure to meet customer expectations are related to deficiencies in system and processes…rather than the employee.” ~W. Edward Deming
- “Freight mobility and movement, while not a sexy policy issue, is a highly important one. Capacity constraints and congestion on our nation’s freight rail system create many problems.” ~Bill Lipinski
- “In this era of digitalisation and smart technologies, the use of autonomous vehicles as a mode of transport is not a question of ‘if’ but ‘when’.” ~Professor Chen Tsuhan
- “There is no governing structure for a pandemic, and little more than vague political pressure to ensure limited access to life-sparing tools and medicines for more than half the world population.” ~Laurie Garrett
- “The Business Schools reward complex behaviors more than the simple behaviors, but simple behavior is more effective.” ~Warren Buffett
- “Leaders win through logistics. Vision, sure. Strategy, yes. But when you go to war, you need to have both toilet paper and bullets at the right place at the right time. In other words, you must win through superior logistics.” ~Tom Peters
- “Many supply chains are perfectly suited to the needs that the business had 20 years ago.” ~Jonathan Byrnes, MIT Professor
- “Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow.” ~Willaim Pollard
- “Status quo, you know, is Latin for, ‘The mess we’re in.’” ~Ronald Reagan
- “If you look at the robotic devices that are coming into the restaurant industry — it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries — it’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe.” ~Ed Rensi
- “Creativity is thinking up new things. Innovation is doing new things.” ~Theodore Levitt
- “When people create business cases for automation it is primarily about efficiency gains. Automation also helps greatly with SCRM because labor can cause many issues (labor shortages).” ~Dave Waters
- “What to do about mass unemployment? This is going to be a massive social challenge. There will be fewer and fewer jobs that a robot cannot do better [than a human]. These are not things that I wish will happen. These are simply things that I think probably will happen.” ~Elon Musk
- “All models are wrong; however, some are useful.” ~George Box
- “Labor accounts for 75% of the cost of transporting shipments by truck, so adopters can begin to realize those savings. Beyond that, while truckers are prohibited from driving more than 11 hours per day without taking an eight-hour break, a driverless truck can drive for the entire day.” ~Ryan Petersen
- “If you’re trying to disrupt the status quo and beat bigger competitors, you’re not going to do it by playing their game.” ~Dharmesh Shah
- “Why can obtaining funding for supply chain risk management be difficult? It’s because SCRM is a cost avoidance, not a cost savings. However, with the recent events of the pandemic and wars supply chain risk management is on the minds of executives much more than it ever as been.” ~Dave Waters
- “The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.” ~Warren Bennis
- “The pandemic will accelerate the usage of robots and automation throughout supply chain.” ~Dave Waters
- “Because salaries are likely to stagnate as minimum-wage hikes will stimulate the use of more robots. Corporate profits will balloon. Labor unions may disappear or be forced to make wholesale changes, as unemployment is likely to rise. And because robots don’t pay taxes, the government must discover additional revenue streams.” ~Gregory Clay
- “Advances in automation, artificial intelligence and robotics, while increasing productivity, will also cause major upheavals to the workforce.” ~John Hickenlooper.
- “Those in supply chain know the impossible is possible.” ~Dave Waters