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Why Global Supply Chains May Never Be the Same | A WSJ Documentary.

Global supply chains continue to be vulnerable by an assortment of variables.  Pandemics, wars, chip shortages and much more impact supply chain everyday.  Millions of workers such as truck drivers, longshoremen, warehouse workers, delivery drivers keep the goods moving ultimately ending up in the hands of consumers.

SCM Quotes

  • “The message of the Kaizen strategy is that not a day should go by without some kind of improvement being made somewhere in the company.” ~Masaaki Imai
  • “You’re either the one that creates the automation or you’re getting automated.” ~Tom Preston-Werner
  • “Without logistics the world stops.” ~Dave Waters
  • “Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.”  ~ Sam Walton, made Walmart Logistics a key differentiator.
  • “Innovation has nothing to do with how many R & D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R & D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.” ~Steve Jobs
  • “Every breakthrough business idea begins with solving a common problem. The bigger the problem, the bigger the opportunity. I discovered a big one when I took apart an IBM PC. I made two interesting discoveries: The components were all manufactured by other companies, and the system that retailed for $3,000 cost about $600 in parts.”  ~ Michael Dell, founder of Dell Computer and created the Dell Supply Chain.
  • “Technologies that are emerging today will soon be shaping the world tomorrow and well into the future – with impacts to economies and to society at large. Now that we are well into the Fourth Industrial Revolution, it’s critical that we discuss and ensure that humanity is served by these new innovations so that we can continue to prosper.” ~Mariette DiChristina
  • “All we are doing is looking at the timeline from the moment a customer gives us an order to the point we collect the cash. And we are reducing that timeline in the value stream by removing non value-added wastes.” ~Taiichi Ohno
  • “Supply Chain is like nature, it is all around us.” ~Dave Waters

Global Supply Chain Resources

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