May 302016
 

Supply Chain Inventory Optimization

Supply Chain Inventory Optimization is key for any organization that truly wants to have a world class supply chain.   In an ideal environment inventory would appear instantly at the time to satisfy demand.  This would be optimal.  This is where the concept of Just In Time (JIT) inventory comes into play.

  • “Why not make the work easier and more interesting so that people do not have to sweat?  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, father of the Toyota Production System (TPS)
  • “All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing the time line by reducing the non-value adding wastes.” ~ Taiichi Ohno

Supply Chain Inventory Optimization

May 292016
 

Best Innovation Quotes

Best Innovation quotes from a variety of top thinkers.

  • “If you have always done it that way, it is probably wrong.”  Charles Kettering
  • “Life is either a daring adventure or nothing.” ~ Helen Keller, one of the best innovation quotes
  • “We don’t know a millionth of one percent about anything.”  ~ Thomas Edison
  • “You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.” ~ Albert Einstein
  • “Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen.” ~ John Steinbeck
  • “Whatever you can do, or dream you can, begin it. Boldness has genius, power and magic in it.” ~ Goethe
  • “Remember, a dead fish can float down a stream, but it takes a live one to swim upstream.” ~ W.C. Fields
  • “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
  • “You must do the thing you think you cannot do.” ~ Eleanor Roosevelt
  • “To have a great idea, have a lot of them.” ~ Thomas Edison
  • “Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.” ~ General George Patton
  • “Innovation opportunities do not come with the tempest but with the rustling of the breeze.” ~ Peter Drucker
  • “No idea is so outlandish that it should not be considered.”  ~ Winston Churchill
  • “An inventor is simply a person who doesn’t take his education too seriously. You see, from the time a person is six years old until he graduates from college he has to take three or four examinations a year. If he flunks once, he is out. But an inventor is almost always failing. He tries and fails maybe a thousand times. It he succeeds once then he’s in. These two things are diametrically opposite. We often say that the biggest job we have is to teach a newly hired employee how to fail intelligently. We have to train him to experiment over and over and to keep on trying and failing until he learns what will work.” ~ Charles Kettering
  • “Some men look at things the way they are and ask why? I dream of things that are not and ask why not?”  ~ Robert Kennedy
May 272016
 

Best Supply Chain Companies

Here are a few of the best supply chain companies to research: Amazon, Apple, Toyota and Walmart.

Amazon has done some amazing things with its supply chain.  Now that Walmart is trying to catch Amazon in the ecommerce world you know Amazon has arrived.  Do a search on Kiva Robots or Amazon Robotics and you will find a large assortment of information on ways Amazon has automated their supply chain.  Also research Jeff Bezos who is the founder and CEO of Amazon.  Target recently hired a supply chain executive from Amazon to lead their entire supply chain organization.  Below are some links to information regarding Amazon.

Best Supply Chain Companies

The Apple Supply Chain is known to be one of the best, if not the best supply chain in the world.  Steve Jobs hired Tim Cook in 1998 to revamp the Apple Supply Chain.  Now Tim Cook is the CEO of Apple.  Jeff Williams led the Apple Supply Chain and is now the COO of Apple.  Apple puts major emphasize on its supply chain.

Best Supply Chain companies Apple

The Toyota Supply Chain is very well documented.  I believe Toyota is one of the best supply chain companies to research because there is so much information out there about Toyota and the Toyota Production System (TPS).  The Toyota Production System (TPS) is what has helped Toyota become synonymous with quality.  Taiichi Ohno is the father of the Toyota Production system so he is a very good person to research.  If you search the Toyota Production System a huge assortment of information will come up.

best supply chain companies

The Walmart Supply Chain and been innovating since Walmart began.  Starting in small towns Sam Walton had to figure out the best ways to get product to the stores and this helped him develop the amazing Walmart Supply Chain.  Do research on ways Walmart and P&G started sharing information in the 1980s making the supply chain so much more efficient.  There is a great deal of information on the Walmart Supply Chain and different ways Sam Walton continuously improved Walmart.  Walmart is definitely one of the best supply chain companies.

Best Supply Chain Companies Walmart

 

 

 

 

May 262016
 

Lean Transformation Model

John Shook Explains the Lean Transformation Model.

Quotes pertaining to Lean and Six Sigma

  • “Why not make the work easier and more interesting so that people do not have to sweat?” ~ Taiichi Ohno
  • “Managers will try anything easy that doesn’t work before they will try anything hard that does work.” ~ Jim Womack
  • “Real waste lurks in places that don’t look like waste.”  ~ Shigeo Shingo
  • “Insanity is doing the same thing, over and over again, but expecting different results.” ~ Albert Einstein
  • “Observing many companies in action, I am unable to point to a single instance in which stunning results were gotten without the active and personal leadership of the upper managers.” ~ Joseph M. Juran
  • “Unless people’s motion add value they are useless toward the goal.” ~ Shigeo Shingo
  • “Time waste differs from material waste in that there can be no salvage. The easiest of all wastes and the hardest to correct is the waste of time, because wasted time does not litter the floor like wasted material.” ~ Henry Ford
  • “Quality depends on good data. It also depends on executive leadership in using that data.”  ~ Juran Institute, Inc.
  • “Intellectuals solve problems; geniuses prevent them.”  ~ Albert Einstein
  • “Everything should be made as simple as possible, not simpler.” ~ Albert Einstein

Lean Transformation Model

May 242016
 

Agile Project Management with Kanban

Agile Project Management with Kanban presentation approximately one hour long.  Very good video.  Kanban is a scheduling system for just in time (JIT) and lean manufacturing.  Great video for anyone in supply chain or manufacturing.

Eric Brechner: “Agile Project Management with Kanban” | Talks at Google

Kanban Quotes

  • “Tell me and I will forget, show me and I may remember, involve me and I’ll understand.” ~ Chinese Proverb
  • “We are what we repeatedly do. Excellence, then, is not an act, but habit.” ~ Aristotle
  • “A bad system will beat a good person every time”. ~ W. Edwards Deming
  • “Are you too busy for improvement? Frequently, I am rebuffed by people who say they are too busy and have no time for such activities. I make it a point to respond by telling people, look, you’ll stop being busy either when you die or when the company goes bankrupt.” ~ Shigeo Shingo
  • “There are three kinds of leaders. Those that tell you what to do. Those that allow you to do what you want. And Lean leaders that come down to the work and help you figure it out.” ~ John Shook
  • “Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity.” ~ Albert Einstein
  • There is nothing so useless as doing efficiently that which should not be done at all. ~ Peter Drucker
  • “Many good American companies have respect for individuals, and practice Kaizen and other TPS (Toyota Production System) tools. But what is important is having all of the elements together as a system. It must be practiced every day in a very consistent manner–not in spurts–in a concrete way on the shop floor.” ~ Fujio Cho, President, Toyota Motor Corporation
  • “Today’s standardization…is the necessary foundation on which tomorrow’s improvements will be based. If you think “standardization” as the best you know today, but which is to be improved tomorrow – you get somewhere. But if you think of standards as confining, then progress stops.” ~ Henry Ford

Agile Project Management with Kanban

 

May 212016
 

Mark Cuban: How I Became a Billionaire.

Fantastic video about how Mark Cuban became the person he is.  Bloomberg Game Changers profiles Dallas Mavericks’ owner Mark Cuban. Mark Cuban is most known from being the dynamic owner of the Dallas Mavericks’ Basketball and his appearances on the television show series Shark Tank.

Mark Cuban Quotes:

A great assortment of Mark Cuban quotes.  He has some great advice.

  • “Work like there is someone working 24 hours a day to take it all away from you.” ~ Mark Cuban
  • “What I’ve learned is that if you really want to be successful at something, you’ll find that you put the time in. You won’t just ask somebody if it’s a good idea, you’ll go figure out if it’s a good idea.” ~ Mark Cuban
  • “A sure sign of failure for a startup is when someone sends me logo-embroidered polo shirts. If your people are at shows and in public, it’s okay to buy for your own employees, but if you really think people are going to wear your branded polo when they’re out and about, you are mistaken and have no idea how to spend your money.” ~ Mark Cuban
  • “When you’ve got 10,000 people trying to do the same thing, why would you want to be number 10,001?” ~ Mark Cuban
  • “Open offices keep everyone in tune with what is going on and keep the energy up. If an employee is about privacy, show him or her how to use the lock on the bathroom.” ~ Mark Cuban
  • “It is so much easier to be nice, to be respectful, to put yourself in your customers’ shoes and try to understand how you might help them before they ask for help, than it is to try to mend a broken customer relationship.” ~ Mark Cuban
  • “You’ve gotta be differentiated and unique. You’ve gotta know what your core competency is and be great at it.”  ~ Mark Cuban Quotes
  • “It doesn’t matter how many times you fail. It doesn’t matter how many times you almost get it right. No one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you because all that matters in business is that you get it right once. Then everyone can tell you how lucky you are.” ~ Mark Cuban
May 202016
 

Forget the past.  It is behind you.

What is in front of you is greater than what is behind you.  If you do no learn to forgive you can not move forward.  You will always suffer.  If you are still bitter in your head you are going to be bitter in your life.

You have to make a decision.  If you want more in the second half of your life than the first half of your life, then you are going to have to let the first half of your life go.

When you are constantly looking back you have no energy for the present.  Looking back is a waste of time.

What people say about you doesn’t matter.  You will never be defeated about what they say about you.  You will be defeated by what you say about you.

 

May 192016
 

Walmart Fulfillment

Walmart Fulfillment continues to get better and continues to put Walmart closer to the customer.

Sam Walton Quotes

  • “I probably have traveled and walked into more variety stores than anybody in America. I am just trying to get ideas, any kind of ideas that will help our company.: ~ Sam Walton, founder of Walmart
  • “Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.” ~ Sam Walton, Walmart CEO
  • “The goal as a company is to have customer service that is not just the best but legendary.” ~ Sam Walton
  • “Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.” ~ Sam Walton

Walmart fulfillment supply chain

May 182016
 

Apple CEO Tim Cook, Supply Chain Expert

Apple CEO Tim Cook is following Steve Jobs as the top person at Apple.  This is no easy task considering Steve Jobs’ cult following.  Steve Jobs did amazing things at Apple and Tim Cook is doing very well also.  Apple continues to do amazing things under Tim Cook.

Tim Cook was Apple’s Chief Procurement Officer and he now has the top position at Apple.  Steve Jobs brought in Tim Cook in 1998 to make Apple’s Supply Chain lean and agile.  Steve Jobs wanted something similar to what Michael Dell did with Dell Computer’s Supply Chain.  The Apple Supply Chain is now considered one of the best in the world.  Many would say the best in the world.  Tim Cook is one of the main reasons for the supply chain at Apple being so good.

Tim Cook Quotes

  • “For the most important decisions in your life, trust your intuition, and then work with everything you have, to prove it right.” ~ Tim Cook, Apple CEO
  • “We are the most focused company that I know of or have read of or have any knowledge of. We say no to good ideas every day. We say no to great ideas in order to keep the amount of things we focus on very small in number, so that we can put enormous energy behind the ones we do choose ….. It’s not just saying yes to the right products, it’s saying no to many products that are good ideas, but just not nearly as good as other ones.” ~ Tim Cook
  • “Apple Stores Offer the Best Buying Experience and Customer Service On The Planet.” ~ Tim Cook
  • “Our whole role in life is to give you something you didn’t know you wanted. And then once you get it, you can’t imagine your life without it. And you can count on Apple doing that.” ~ Tim Cook

 

Apple CEO Tim Cook Supply Chain Chief Procurement Officer

“Winning has never been about making the most.” ~ Tim Cook

CEO Tim Cook Apple Supply Chain

 

May 132016
 

The Apple Supply Chain is one of the best in the world.  Many people may even call it the best.  These Apple Supply Chain quotes may not call out Supply Chain specifically but they can be applied in so many ways.  Apple has an amazing Supply Chain and that didn’t happen by accident.  Apple is a great company to do research if you are benchmarking top Supply Chain companies.

“I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me.  The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything.  It freed me to enter one of the most creative periods of my life.”  ~ Steve Jobs, co-founder of Apple

Apple Supply Chain

 

“Design is not just what it looks like and feels like.  Design is how it works.”  ~ Steve Jobs

Steve Jobs Apple Supply Chain quote

 

“Sometimes when you innovate, you make mistakes.  It is best to admit them quickly and get on with improving your other innovations.”  ~ Steve Jobs

Apple Supply chain quotes by Steve Jobs

 

“Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes… The ones who see things differently — they’re not fond of rules… You can quote them, disagree with them, glorify or vilify them, but the only thing you can’t do is ignore them because they change things… They push the human race forward, and while some may see them as the crazy ones, we see genius, because the ones who are crazy enough to think that they can change the world, are the ones who do.” ~ Steve Jobs

Apple Supply Chain

The Apple Supply Chain is one of the best in the world if not the best.  See how you can apply these quotes to your supply chain.