Supply Chain Quotes
Quotes tagged as "supply-chain"
Showing 1-30 of 46
“Fortifying the company may involve diversifying suppliers and establishing contingency plans to mitigate supply chain disruptions.”
― Board Room Blitz: Mastering the Art of Corporate Governance
― Board Room Blitz: Mastering the Art of Corporate Governance
“Reshoring, backshoring, and onshoring are now replacing offshoring and outsourcing.”
― The Definitive Guide to Thriving on Disruption: Volume I - Reframing and Navigating Disruption
― The Definitive Guide to Thriving on Disruption: Volume I - Reframing and Navigating Disruption
“In terms of systems design; ovals, circles and hexagons are more efficient than rectangles, squares and straight lines — Thats something to consider when designing supply chain systems.”
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“Our ports wouldn't have backlogs if our supply chains, distribution systems and transportation systems mimicked fungal networks.”
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“By eliminating over-production and long transport routes from the supply chain distribution system, it allows for more responsiveness.”
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“In terms of systems design, shapes are important. Rectangles are not common in nature. That's probably because from a systems design perspective, rectangles often degrade efficiency instead of contributing to efficiency. Yet humans have designed an entire supply chain system based on rectangles, squares and straight lines. If we want to be more efficient, we should replace those rectangles, squares and straight lines with ovals, circles and hexagons. And maybe some other nature inspired geometries.”
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“Waste is one of the biggest threats to supply chain resilience. No system can be resilient and wasteful at the same time.”
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“By combining supply chains, we maximize space utilized per vehicle, we streamline routes, we remove waste from the system, we do more in less time, and we provide superior value to the businesses in the network.”
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“The best supply chain is one that has no beginning and no end; and decentralized points of access and distribution.”
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“Inventory is something you don't see in nature. Everything in nature has continuous present utility. Our factories and distribution centers need to be optimized such that everything in there has continuous present utility.”
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“Eliminating waste from the supply chain is not a chore, it's a reinvestment opportunity. Whenever we eliminate waste, we extract an opportunity to introduce more productivity and profit into the system.”
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“Logistics management and supply chain management are just different ways of saying capital allocation.”
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“Supply shortages are a business opportunity. If your business can efficiently fill the gap and match demand, there's money to earn there.”
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“The factory should be so production capable and responsive that it is basically synchronized with demand instead of being dragged by demand.”
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“I don't like the term Stock Keeping Unit because it Implies that the priority is to keep products in stock. But keeping things in stock is inefficient and therefore should not be the priority. The ideal is for there to be minimal gap between production and sale; minimal gap between the time of production and time of consumption. The ideal is for things to be produced as needed, not to be stocked until needed.”
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“Every product in every product ecosystem needs to have multi modal utility. The system should be such that few products can serve many purposes and products and components are maxiximally interchangeable.”
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“It is a common practice of life to focus on the world immediately before us, the one we see and smell and touch every day. It grounds us where we are, with our communities and our known corners and concerns. But to see the full supply chains of Al requires looking for patterns in a global sweep, a sensitivity to the ways in which the histories and specific harms are different from place to place and yet are deeply interconnected by the multiple forces of extraction.”
― Atlas of AI: Power, Politics, and the Planetary Costs of Artificial Intelligence
― Atlas of AI: Power, Politics, and the Planetary Costs of Artificial Intelligence
“Grace told her to stock up on toilet paper, that she’d read there might be a shortage. Toilet paper? Seriously? Sometimes her mother was so over the-top in the worry department.”
― When We Lost Touch
― When We Lost Touch
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