Digital Transformation and Supply Chain Quotes.

Here is an assortment of quotes that apply to the digital supply chain. We have added quotes that apply to innovation because that is what the digital supply chain is all about.

“Don’t let the digital supply chain scare you. Big Data, IoT, Cloud, AI, Drones and Deep Learning are just ways to improve the supply chain.” ~Dave Waters

“The information about the package is just as important as the package itself.” ~Fred Smith, Founder of FedEx.

“New ways to improve the supply chain: artificial intelligence, IoT, big data, augmented reality, blockchain, drones, machine learning.” ~SupplyChainToday.com

“It’s critical that we drive the digitization of supply chains because, without it, there will be no transparency; and without transparency, there will be no accountability.” ~Christian Lanng

“The fastest way to lose market share is to have inventory in the wrong place.” ~Doug McMillon, CEO of Walmart.

“Information technology has become the backbone of commerce, tying together far-flung supply chains.” ~Nicholas G. Carr

“Although still in its infancy, drone technology will be a game changer in supply chain.”

“Anything you can conceive as a supply chain, blockchain can vastly improve—whether it’s people, data, money or goods.” ~Ginni Rometty, Former CEO of IBM.

“Machine learning and deep learning are emerging technologies that will completely change supply chain automation. ~SupplyChainToday.com.

“Inventories should be buffers for uncertainty, not monuments to indecision.” ~Taiichi Ohno, Father of the Toyota Production System.

“Research the hype and facts but understand blockchain is a game changer for supply chain.” ~Dave Waters

“The supply chain stuff is really tricky.” ~Elon Musk.

“Until every shipment is visible, the supply chain is only partly digital.” ~Kevin O’Marah

“For some the digital supply chain is just a bunch of buzzwords: Big Data, Internet of Things (IoT), Cloud, Drones… For others it is the future of supply chain. ~SupplyChainToday.com.

“1. Increase Visibility. 2. Reduce Variability. These two activities encompass all layers of supply chain management.” ~Dave Waters

“Today no one disputes that IT links businesses to customers by tying together the entire supply chain.” ~Nicholas G. Carr

“When we talk about ‘smart transportation,’ it is more than moving cargo from A to B. Digitization within the transport and logistics means seamless service to our customers, visibility in the supply chain, and driving a more efficient business.” ~Søren Skou, Former CEO of A.P. Moller – Maersk A/S

“Here are a few key supply chain trends you may want to research: Internet of Things (IoT), 3D Printing, Big Data, Artificial Intelligence (AI) , Deep Learning and Drones.” ~SupplyChainToday.com.

“In God we trust; all others bring data.” ~W. Edwards Deming

“I didn’t understand IoT, Big Data or Blockchain when I first heard these terms. Learn about them or get left behind.” ~SupplyChainToday.com.

“Although still in its infancy, drone technology will be a game changer in supply chain.” ~Dave Waters

“Supply chains cannot tolerate even 24 hours of disruption.” ~Thomas L. Friedman

“The modern TMS is already talking to every other application in the supply chain—inventory, orders, ERP—optimizing across all of them.” ~John Murphy

“Bullwhip Effect: Unexpected changes in demand patterns will escalate further up the supply chain. A small wave in the middle of the ocean could become a tidal wave near the shore.” ~SupplyChainToday.com.

“People can buy the things they take for granted only because supply chains drove the cost out of making them.” ~Christine Lagarde

“Keep it simple. The digital supply chain is just another way to improve the supply chain.” ~SupplyChainToday.com

“If you don’t have standardized processes how are you going to provide a consistent way to automate them?” ~Dave Waters

“Many supply chains are perfectly suited to the needs that the business had 20 years ago.” ~Jonathan Byrnes, Senior Lecturer at MIT

“If your current systems are giving you inaccurate reports will investing in big data mean you will still get inaccurate reports but just with more data?” ~SupplyChainToday.com

“The Business Schools reward complex behaviors more than the simple behaviors, but simple behavior is more effective.” ~Warren Buffett, CEO of Berkshire Hathaway.

“Machine learning and deep learning are game changers for supply chain automation.” ~Dave Waters

“We care about every worker in our worldwide supply chain… what we will not do ― and never have done – is stand still or turn a blind eye to problems in our supply chain. On this, you have my word.” ~Tim Cook, CEO of Apple.

“Our goal is to build the Internet of People (IoP) to find the person who has the answer you are looking for.” ~SupplyChainToday.com.

“To understand the predictive enterprise research Artificial Intelligence, Machine Learning and Deep Learning.” ~Dave Waters

artificial intelligence Predictive enterprise machine learning quotes deep learning

“Residential drone delivery is being tested by a variety of companies. From delivering packages to delivering pizza, drone delivery is in the near future.” ~Dave Waters

“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

“The Internet of Things (IoT) will change the supply chain. Research IoT before you get left behind.” ~SupplyChainToday.com.

“You won’t go anywhere if you don’t start moving.” ~Dave Waters

“I have more respect for the fellow with a single idea who gets there than for the fellow with a thousand ideas who does nothing.” ~ Thomas Edison.

“Supply Chain is like nature, it is all around us.” ~ Dave Waters.

“Going from PayPal, I thought, well, ‘What are some of the other problems that are likely to most affect the future of humanity?’ Not from the perspective, ‘What’s the best way to make money?’ which is okay, but, it was really, ‘What do I think is going to most affect the future of humanity.’” ~ Elon Musk

“Imagination is everything. It is the preview of life’s coming attractions.” ~ Albert Einstein

“The predictive supply chain: Artificial Intelligence; Machine Learning; Deep Learning. ~SupplyChainToday.com

“Big Data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it.” ~ Dan Ariely

“Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen.” ~ Jonh Steinbeck

“Machine learning will automate jobs that most people thought could only be done by people.” ~Dave Waters.

“I’m interested in things that change the world or that affect the future and wondrous, new technology where you see it, and you’re like, ‘Wow, how did that even happen? How is that possible?'” ~ Elon Musk

“Artificial intelligence would be the ultimate version of Google. The ultimate search engine that would understand everything on the web. It would understand exactly what you wanted, and it would give you the right thing. We’re nowhere near doing that now. However, we can get incrementally closer to that, and that is basically what we work on.” ~ Larry Page

“You want to be extra rigorous about making the best possible thing you can. Find everything that’s wrong with it and fix it. Seek negative feedback, particularly from friends.” ~ Elon Musk

“You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.” ~ Lee Iacocca

“Deep Learning will change the lives of all of us. What is Deep Learning? It’s behind what makes self-driving cars a reality.” ~Dave Waters

“I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better.” ~ Elon Musk

“Unfortunately, there seems to be far more opportunity out there than ability…. We should remember that good fortune often happens when opportunity meets with preparation.” ~ Thomas Edison

“There is no reason and no way that a human mind can keep up with an artificial intelligence machine by 2035.” ~ Gray Scott

“You can’t use up creativity. The more you use, the more you have.” ~ Maya Angelou

“I’m increasingly inclined to think that there should be some regulatory oversight, maybe at the national and international level, just to make sure that we don’t do something very foolish. I mean with artificial intelligence we’re summoning the demon.” ~ Elon Musk

“Artificial intelligence will permeate all aspects of supply chain creating capabilities once thought impossible. The metaverse will provide simulation capabilities to SCM that were only in science fiction movies.” ~Dave Waters

“The secret of change is to focus all of your energy, not on fighting the old, but on building the new.” ~ Socrates

“Lets go invent tomorrow instead of worrying about what happened yesterday.” ~ Steve Jobs

“Listen to anyone with an original idea, no matter how absurd it may sound at first. If you put fences around people, you get sheep. Give people the room they need.” ~ William McKnight, 3M President

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ~ Buckminster Fuller

“Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen.” ~ John Steinbeck

“Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” ~ William Pollard

“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

“Tell me and I will forget, show me and I may remember, involve me and I’ll understand.” ~ Chinese Prover

“Interested in predictive analytics? Then research artificial intelligence, machine learning, and deep learning.” ~SupplyChainToday.com.

“Where there is no Standard there can be no Kaizen.” ~ Taiichi Ohno

“I say an hour lost at a bottleneck is an hour out of the entire system. I say an hour saved at a non-bottleneck is worthless. Bottlenecks govern both throughput and inventory.” ~ Eliyahu M. Goldratt, The Goal

“Blockbuster? Digital changed the way we rent movies. How will the digital supply chain impact the way we do business?” ~Dave Waters

“Quality is free. It’s not a gift, but it’s free. The ‘unquality’ things are what cost money.” ~ Phil Crosby

“To automate you should first be sure processes are standardized and documented.” ~Dave Waters.

“Imagination is everything. It is the preview of life’s coming attractions.” ~ Albert Einstein

“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

“If you can’t describe what you are doing as a process, you don’t know what you’re doing.” ~ W. Edwards Deming

“If you think of standardization as the best that you know today, but which is to be improved tomorrow; you get somewhere.” ~ Henry Ford, founder Ford Motor Company

“With the economy getting worse supply chain is more important than ever.” ~Dave Waters

“Eighty-five percent of the reasons for failure are deficiencies in the systems and process rather than the employee. The role of management is to change the process rather than badgering individuals to do better.” ~ W. Edwards Deming

“It is impossible to improve any process until it is standardized. If the process is shifting from here to there, then any improvement will just be one more variation that is occasionally used and mostly ignored. One must standardize, and thus stabilize the process, before continuous improvement can be made.” ~ Masaaki Imai

“Be a supply chain innovator. Research Internet of Things (IoT), Machine Learning, Deep Learning, Big Data, Blockchain, Drones, Augmented Reality, Artificial Intelligence…” ~EverythingSupplyChain.com.

“Machine Learning and Deep Learning will create a new set of hot jobs in the next 5 years.” ~Dave Waters

Supply Chain Quotes

“Do your due diligence when dealing with consultants, many will promise big results but deliver little.” ~Dave Waters

“Products can be easily copied. But a supply chain can provide a true competitive advantage.” ~Yossi Sheffi

“Focus on the lowest total cost of ownership not the lowest price.” ~ EverythingSupplyChain.com

“Great companies understand the strategic importance of supply chain and want people with supply chain experience in the c-suite.” ~Dave Waters

“The Dell Theory of Conflict Prevention argues that no two countries that are both part of the same global supply chain will ever fight a war as long as they are each part of that supply chain.” ~Thomas Friedman

“If you are currently getting inaccurate reports will investing in big data just get you bad reports faster? ~EverythingSupplyChain.com.

“Blockchain is a key technology in the digital supply chain.” ~EverythingSupplyChain.

“A baby learns to crawl, walk and then run. We are in the crawling stage when it comes to applying machine learning.” ~Dave Waters.

“Imagine where your company would be if it didn’t get involved with the Internet. That image will be similar if your company doesn’t get involved with the Internet of Things (IoT). ~EverythingSupplyChain.com.

“Unless you continually work, evolve, and innovate, you’ll learn a quick and painful lesson from someone how has.” ~Cael Sanderson, Olympic Gold Medalist

“Remember all the hype behind B2B procurement? Some was true was was not. Ask lots of questions about the digital supply chain.” ~Dave Waters

“The digital supply chain has the potential to completely change supply chain. However, do your due diligence before rushing in.” ~EverythingSupplyChain.com.

“Is blockchain just another buzzword or is it the future of the digital supply chain.” ~EverythingSupplyChain.com.

“Supply Chain is like nature, it is all around us.” ~ Dave Waters

“The Internet of Things (IoT) will impact supply chain in so many ways. Either learn about it, or get left behind.” ~EverythingSupplyChain.com.

“During the last war, eighty percent of our problems were of a logistical nature.” ~Field Marshal Montgomery

“Think of a 3D printer as your TV. The same way your TV streams movies your 3D printer could download plans to make any product in your warehouse. Is the future of warehouses the same as video stores.” ~EverythingSupplyChain.com.

“The real competition is between supply chains, not companies.” ~Martin Christopher, Professor of Supply-Chain Management, Cranfield University.

“What are your thoughts? Buzzword bingo or the future of supply chain? IoT, drones, deep learning, big data, virtual reality…” ~EverythingSupplyChain.com