Jun 192017
 
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Amazon vs. Walmart

Amazon vs. Walmart is a battle between 800lbs gorillas.

Amazon and Walmart Supply Chain Information.

Amazon and Walmart Quotes

  • “We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” ~ Jeff Bezos
  • “If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.” ~ Jeff Bezos
  • “We’re all working together; that’s the secret.”  ~ Sam Walton
  • “Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm – always.”   ~ Sam WaltoN
  • “When all else fails, put on a costume and sing a silly song. Then make everybody else sing with you. Don’t do a hula on Wall Street. It’s been done. Think up your own stunt. All of this is more important, and more fun, than you think, and it really fools the competition. “Why should we take those cornballs at Wal-Mart seriously?”  ~ Sam Walton

Amazon vs. Walmart Supply Chain

Mar 182017
 
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Indra Nooyi, PepsiCo Chairman and CEO. Doug McMillon, Walmart President and CEO. Two of the most powerful CEOs in the world.

Supply Chain Information.

Mar 162017
 
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Sam Walton started Walmart and was a master at looking at what other people were doing and improving on it. Part of Walmart’s success is based on how it developed its supply chain.

Supply Chain Information.

  • Outstanding leaders go out of their way to boost the self esteem of their personnel. If people believe in themselves it s amazing what they can accomplish.  ~ Sam Walton
  • I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.  ~ Sam Walton

Supply Chain Strategic Importance

  • There is only one boss – the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.  ~Sam Walton
  • Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm – always.   ~Sam Walton
  • 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
Nov 272016
 
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Made in America by Sam Walton

Made in America is a great book to show the history of Walmart and the who was Sam Walton.  Walmart is known for its Supply Chain and this book helps you understand how and why it was developed.  Cover many concepts that would come up in a Supply Chain MBA.

SAM WALTON Made In America Biography ANIMATED

 

Book Review: “Made in America” by Sam Walton

Supply Chain Information.

Quotes

  • “Outstanding leaders go out of their way to boost the self esteem of their personnel. If people believe in themselves it s amazing what they can accomplish.” ~ Sam Walton
  • “What we guard against around here is people saying, ‘Let’s think about it.’ We make a decision. Then we act on it.” ~ Sam Walton
  • “As an old-time small-town merchant, I can tell you that nobody has more love for the heyday of the smalltown retailing era than I do. That’s one of the reasons we chose to put our little Wal-Mart museum on the square in Bentonville. It’s in the old Walton’s Five and Dime building, and it tries to capture a little bit of the old dime store feel. But I can also tell you this: if we had gotten smug about our early success, and said, “Well, we’re the best merchant in town,” and just kept doing everything exactly the way we were doing it, somebody else would have come along and given our customers what they wanted, and we would be out of business today.”  ~ Sam Walton
  • “High expectations are the key to everything.”  ~ Sam Walton
  • “Luck is a dividend of sweat. The more you sweat, the luckier you get.” ~ Ray Kroc, Founder of McDonald’s
  • “The speed of the leader is the speed of the gang”  ~ Mary Kay Ash, Founder of Mary Kay Cosmetics
  • “Don’t find fault, find a remedy”  ~ Henry Ford, Founder of Ford Motor Company

 

Made in America Sam Walton Supply chain

Jun 282016
 
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PepsiCo and Walmart CEO talk business.

 

Supply Chain and Leadership Information.

May 192016
 
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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

Apr 172016
 
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Don Soderquist and Walmart

Don Soderquist started working for Walmart Stores, Inc. in 1980 as an executive vice president. He held a number of roles before retiring from the company as senior vice chairman. During his tenure, he became known as the “Keeper of the Culture” after the passing of Sam Walton in 1992.[4] Today, Don speaks and writes on topics including business, leadership, ethics, and the story of Walmart.[5]  ~https://en.wikipedia.org/wiki/Soderquist_Center_for_Leadership_and_Ethics

Youtube.com:  As the retired Chief Operating Officer of Walmart, Don Soderquist is often asked, “How has Walmart done it?” or “What’s the secret?” His response is that there is no secret, no magic formula. In fact, the principles that launched Wal-mart into unprecedented success are so simple it’s easy to overlook their significance.  Don Soderquist was part of the leadership team that grew the company from $1 billion in sales to $244 billion (the largest company in the world at that time). This video is a rare, inside look at two of the principles that guided one of the greatest businesses of all time.  Okay, so there is one secret after all. Whether your company has one employee or a million, the principles Don shares in this video will dramatically work for you too.

When I worked for Walmart Logistics I was lucky enough to get to hear Don Soderquist speak.  He is an amazing speaker and told great stories that I still remember to this day and repeat to people.

  • Outstanding leaders go out of their way to boost the self esteem of their personnel. If people believe in themselves it s amazing what they can accomplish. ~ Sam Walton
  • I have always been driven to buck the system, to innovate, to take things beyond where they’ve been. ~ Sam Walton
  • Each Wal-mart store should reflect the values of its customers and support the vision they hold for their community.  ~ Sam Walton
  • “At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We’re known for operating in a very efficient way and then giving those savings to customers.” ~ Mike Duke
  • “But they are also better, our competitors are better because Wal-Mart exists.” ~ Lee Scott, former CEO of Walmart
  • “Wal-Mart, we’ve been known for many years – back to the days of when Sam Walton started the company – we’ve been known for basics. The basic need of families and people across America. Wal-Mart was known as the place for basics.” ~ Mike Duke, former CEO of Wal-Mart
  • “The key to competing and surviving against Wal-Mart is to focus your business into a niche or pocket where you can leverage your strengths in the local marketplace.” ~ Michael Bergdahl, former Director of People at Wal-Mart
  • “Wal-Mart’s success strategies and tactics are easy to understand yet hard to duplicate.” ~ Michael Bergdahl
  • “If we care about the average working American, then Wal-Mart matters. A lot” ~ Simon Sinek
  • “Pretty much, Apple and Dell are the only ones in this industry making money. They make it by being Wal-Mart. We make it by innovation.” ~ Steve Jobs
  • “After a lifetime of swimming upstream, I am convinced that one of the real secrets to Wal-mart’s phenomenal success has been that very tendency.” ~ Sam Walton

Sam Walton Walmart don soderquist supply chain quote

Sam Walton WalMart CEO and Supply Chain guru