Logistics Supply Chain Quotes

At Mayflower-Plymouth, we are trying to mimic the intelligence of fungi and mycelium to add value in service to businesses.

Efficient supply chain management is essential for individual businesses, specific markets, and for the economy as a whole - especially when we're talking about Permaculture Economics. A global economy where products and services are moved from source to destination with maximum efficiency.... That's a win for everyone.

By eliminating over-production and long transport routes from the supply chain distribution system, it allows for more responsiveness.

Our ports wouldn't have backlogs if our supply chains, distribution systems and transportation systems mimicked fungal networks.

In this modern era, Panama should be considering new ways to invest in and profit from global commerce, logistics and supply chains. It's not just about widening the canal, but widening the ways in which the nation can add value to and extract value from the movement of products and services globally.

Waste is one of the biggest threats to supply chain resilience. No system can be resilient and wasteful at the same time.

If we want better global supply chains, there are lots of other things that have to be made better first. We need to be better with equitably including small businesses into global logistics. We need to be better with upcycling, and feedback loops. We need to be better with implementing Blockchain technology. We need to be better with material ecology and designing products for longevity. And so much more.

In this modern era, Panama should be considering new ways to invest in and profit from global commerce, logistics and supply chains. It's not just about widening the canal, but widening the ways in which the nation can add value to and extract value from the movement of products and services globally. I'm a citizen of Panama just like I am of The US and The Bahamas. So I'd like to see Panama's evolution with this.

Going forward, Panama should expand on the canal business in new ways. That means not only widening the physical canal, but investing more broadly in global logistics and supply chains. So Panamanian leadership should ask, how can we extract more value from the canal by adding more value to it. Or how can we create or plug into new platforms which facilitate global trade. As a citizen of Panama, I'd like to see this happen.

Logistics management and supply chain management are just different ways of saying capital allocation.

The best supply chain is one that has no beginning and no end; and decentralized points of access and distribution.

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.

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.

A lot can be learned from the big companies of today. Companies like Amazon have revolutionized logistics, companies like Tesla have revolutionized sustainable systems, companies like Microsoft and Google have revolutionized data mining and data distribution, companies like Maersk have revolutionized Supply Chains, companies like Gardein and Beyond Meat have revolutionized food. Every company can serve as a case study of some kind with various lessons that can be learned.

When we apply additive manufacturing at scale and fully integrate it into society from a systems perspective, it can revolutionize the flow of products in the supply chains. Logistically, we can get products to their destination instantly and with greater efficiency.

Supply chain management is all about the efficient utilization of capital.

In the United States, the more common way to initiate change has been to have consultants come in who “borrow your watch to tell you what time it is

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.

The Bahamas should be positioning itself as a key strategic link in the global supply chain and the global movement of resources. We have a variety of strategic advantages along these lines, that if leveraged will allow us to add value to global commerce in very unique ways and then profit from the value we add collectively as a people.

A better way to measure customer service is by focusing on loyalty of the customer base, that is, money spent by existing customers or renewal of membership.

The days of the Model T Ford, when they made one product for everyone, are long gone.

Developing a cost-modeling tool kit becomes critical for alliance deal negotiations because understanding the underlying costs can help to identify opportunities for outcome improvements. This concept is sometimes confusing to our clients because they think the sole objective of cost modeling is to reduce costs, and they do not understand the linkage between cost and the improvement of outcome or service.

By April 23, 2014, thirty-four cases and six deaths from Ebola in Liberia were recorded. By mid-June, 16 more people died. At the time it was thought to be malaria but when seven more people died the following month tests showed that was the Ebola virus. The primary reason for the spreading of the Ebola virus was the direct contact from one person to the next and the ingesting of bush meat. Soon doctors and nurses also became infected. On July 2, 2014, the head surgeon of Redemption Hospital was treated at the JFK Medical Center in Monrovia, where he died from the disease. His death was followed by four nurses at Phebe Hospital in Bong County. At about the same time two U.S. health care workers, Dr. Kent Brantly and a nurse were also infected with the disease. However, they were medically evacuated from Liberia to the United States for treatment where they made a full recovery. Another doctor from Uganda was not so lucky and died from the disease. Arik Air suspended all flights between Nigeria and Liberia and checkpoints were set up at all the ports and border crossings. In August of 2014, the impoverished slum area of West Point was cordoned off. Riots ensued as protesters turned violent. The looting of a clinic of its supplies, including blood-stained bed sheets and mattresses caused the military to shoot into the crowds. Still more patients became infected, causing a shortage of staff and logistics. By September there had been a total of 3,458 cases of which there were 1,830 deaths according to the World Health Organization. Hospitals and clinics could no longer handle this crisis and patients who were treated outside died before they could get help. There were cases where the bodies were just dumped into the Mesurado River. The Ivory Coast out of compassion, opened carefully restricted humanitarian routes and resumed the previously suspended flights to Liberia. Ellen Johnson Sirleaf the president of Libera sent a letter to President Barack Obama concerning the outbreak of Ebola that was on the verge of overrunning her country. The message was desperate, “I am being honest with you when I say that at this rate, we will never break the transmission chain and the virus will overwhelm us.” Having been a former finance minister and World Bank official, Johnson Sirleaf was not one for histrionics however she recognized the pandemic as extremely dangerous. The United States responded to her request and American troops came in and opened a new 60-bed clinic in the Sierra Leone town of Kenema, but by then the outbreak was described as being out of control. Still not understanding the dangerous contagious aspects of this epidemic at least eight Liberian soldiers died after contracting the disease from a single female camp follower. In spite of being a relatively poor country, Cuba is one of the most committed in deploying doctors to crisis zones. It sent more than 460 Cuban doctors and nurses to West Africa. In October Germany sent medical supplies and later that month a hundred additional U.S. troops arrived in Liberia, bringing the total to 565 to assist in the fight against the deadly disease. To understand the severity of the disease, a supply order was placed on October 15th for a 6 month supply of 80,000 body bags and 1 million protective suits. At that time it was reported that 223 health care workers had been infected with Ebola, and 103 of them had died in Liberia. Fear of the disease also slowed down the functioning of the Liberian government. President Sirleaf, had in an emergency announcement informed absent government ministers and civil service leaders to return to their duties. She fired 10 government officials, including deputy ministers in the central government who failed to return to work.

Inventory turnover ratio A low number here may indicate that either your stock is slow moving or that there may be problems, such as the presence of obsolete stock or low customer demand or order quantities are too high for the demand, resulting in little or no movement. Low numbers are typical in a spare parts operation where stock is held just in case.

Here we have discussed about the importance of supply chain management and its ways which will provide the increase the customer satisfactions and productivity.

Your supply chain strategy should have a diversity, equity and inclusion component that intentionally caters for ‘supply chain staffing’, ‘supply chain vendors’ and ‘benefactors of your supply chain network’. This leverages the creative gusto of a diverse workforce, unlocks innovation from a rich supplier base and ensures solutions are inclusive and sensitive to the needs of diverse supply chain benefactors.

To improve total delivery time, we would need to make big changes to our supply chain. Our current fulfillment network had been built to optimize for nearby access to our third-party shippers so we could reliably and cheaply ship products to customers in three to five days. This logistics topology had been convenient for Amazon, but not for the customers who wanted products delivered fast and free.

Product scope. Is motor oil used in cars part of the same industry as motor oil used in trucks and stationary engines? The oil itself is similar. But automotive oil is marketed through consumer advertising, sold to fragmented customers through powerful channels, and produced locally to offset the high logistics costs of small packaging. Truck and power generation lubricants face a different industry structure—different customers and selling channels, different supply chains, and so on. From a strategy perspective, these are distinct industries.

While you might outsource your supply chain, your logistics, or your investments, you do not outsource your responsibility for them. It's getting harder every day to externalize environmental and social costs that your business imposes on society

Challenge yourself with questions covering supply chain management, transportation, warehousing, and more.

Tech Leads IT offers an in-depth Oracle Fusion SCM Online Training program designed to provide participants with the essential skills and knowledge to manage and optimize supply chain operations using Oracle Fusion SCM. This comprehensive training covers key areas such as procurement, inventory management, order management, logistics, and supply chain planning.

If you are looking for best professional CILT course so here we are providing CILT course. The Chartered Institute of Logistics and Transport (CILT) is the leading Professional Body associated with Supply Chain, Logistics and Transport Profession. The CILT incorporates subjects from assembling exchange, buy, and physical scattering into a brought together information.

What I mean by graceful degradation,” continued Chuck as Sarah filled his plate, “is that there’s no longer a way to revert to previous technology if something fails.” “Example?” “Like this logistics thing that screwed up shipping. Everything is ‘just in time,’ with a handful of central warehouses located in the middle of nowhere that stock almost nothing.” “So no local stock if the supply chain gets disrupted?” “Exactly. The complex systems supporting cities are balanced on a knife’s edge. Knock out one supporting leg—logistics, for instance—and poof,” said Chuck, blowing on his hand, “the whole thing goes down. Supply chain attack is the big weakness.” “So

Logistics is in fact a key aspect of military planning, and Cook is responsible for Apple’s operational excellence. For example, when Apple knew it would move away from disk drives in its iPods and MacBook Air notebooks, it invested in billion-dollar forward purchases of flash memory. Cook’s supply-chain organization executed this masterstroke, which accomplished the trifecta of securing Apple’s supply, locking in the lowest price, and hobbling the competition’s access to components. Such back-of-the-shop excellence at a company known for its creative flair is a rare example of what researchers Charles O’Reilly of Stanford and Michael Tushman, a professor of organizational behavior at the Harvard Business School, refer to as “ambidexterity as a dynamic capability.” In other words, it reflects the ability of a top-performing company to be simultaneously efficient and innovative.

soldiers survived through an alloy of training and logistics. Mastery of the supply chain, procedure, and bureaucracy was as important as skill in arms. An army marched on its stomach, even when marching through the stars.

McKinsey has listed agri-business as one of the hottest areas for Chinese investment. The logic was pretty simple. There is rising demand from consumers and the entire supply chain needs to be improved: land, water, farming, fertilizer, technology, logistics, retail, etc. Almost everything.

Humanitarian fleet professionals are the most crucial life savers charged with the responsibility of moving life saving people with life saving products to people whose lives need to be saved.

refrigerated supply chain logistics company.

William Maclyn Murphy McRae is a seasoned logistics pro with 9+ years' experience. He excels in supply chain optimization, reducing lead times, and exceeding industry standards. Maclyn's strategic thinking and hands-on approach drive efficiency while meeting deadlines and customer expectations.

In Mandeville, LA, Lorraine Hyde is a trailblazer in logistics. With a rich 25-year career, she's opened doors for major players and revitalized supply chains.

Fortunately, the Ottomans were unrivaled masters of supply-chain logistics. No other state in Europe devoted as much energy or care to the repair of its roads. From very early on, the Ottomans became justly famous as builders of beautiful stone bridges, whose delicate arches appeared to be as delicate as eggshells but proved as durable as iron. Supplies of food, cloth, gunpowder, and steel flowed continuously over this system of roadways. Camels, able to carry twice as much as any European beast of burden, made their transport easier. Every year, thirty thousand of these essential animals arrived from the Maghreb and Syria, in time for the campaigning season. But the real heart of the Ottoman procurement system was its bakeries. In Istanbul alone, 105 gigantic ovens worked around the clock, baking hardtack for the army and navy stores. Many more operated across the provinces.

You can’t be in the agriculture supply chain without assets. Margins are now so thin on straight trading and marketing, you need to make most of your money from logistics, storage, port, and processing activities and not from trading or marketing.

Cook was quoted as saying: “You want to manage it like you’re in the dairy business. If it gets past its freshness date, you have a problem.”17

Dealers can continue to play the role of showcasing different products and providing servicing.

Tesla, founded by maverick businessman Elon Musk, has actually introduced sales without dealers, but it has run into opposition from dealers. The state of New Jersey even banned Tesla sales because of this dealerless model

Supply chain management can also be described as integrating three of the functions inside an organization: purchasing, logistics, and operations.

The purchasing, logistics, and operations teams often have conflicting goals —often without realizing it.

Process Description Plan You need to estimate how many hamburgers you are going to make, decide where you are going to make them, and determine what your supply chain priorities are. You may need to choose whether to focus on quality and freshness, customer service and convenience, or low cost. These choices will influence the other decisions and trade-offs that you make throughout the supply chain. Source You need to decide where you will buy your ingredients and supplies. You need to negotiate with your suppliers to get the best prices, along with the best quality and service. It might be better to have suppliers that are close by, so that transporting products is fast and cheap. Or it might make sense to choose suppliers that are farther away but can provide the products at a lower cost or in larger quantities. Make You need to manage the process of making your hamburgers. It will help if you can define the stages of your manufacturing process and how long each stage will take. You may also need to decide whether you should make the hamburgers by hand or buy a machine that can make them better, faster, and cheaper than a person can. Deliver You need to manage the logistics of getting your hamburgers into your customers’ hands. That means you’ll need to decide whether you want customers to pick up their hamburgers at a counter or employ a server to carry the hamburgers to the table. Or perhaps you need to have a drive-through window, or deliver your hamburgers to your customers’ homes or offices. Return For many products, it’s important to think about what will happen to them after your customer is finished using them. In the case of hamburgers, you may need to think about washing the plates and recycling napkins. Enable Last but not least, you need to decide what else you need to make the supply chain work. You may need to hire people with specific skills, which means you need to think about how you will find them and how you will measure their performance. And there may be other processes that you need to have in place for your supply chain to achieve its goals, such as marketing programs or accounting policies.

Implementing collaborative relationships: Consider how you can get teams to work together toward a goal rather than compete for conflicting objectives. If your sales team is trying to improve customer service by making sure that plenty of inventory is available, and your logistics team is trying to reduce inventory to lower costs, both teams are probably going to waste a lot of energy. Supply chain management can help them align their objectives.

For over 60 years, Choice has helped the world’s leading companies enter new markets, scale, and grow faster. We offer clients a single point of contact, global resources, and expertise to deliver end-to-end supply-chain strategy and execution via customized, comprehensive, integrated solutions and services. We leverage proprietary technology to deliver these services across the global infrastructure which includes strategically located, distribution centers and 450+ strategic warehousing locations on six continents.

At the heart of Amazon’s logistical prowess lies its AI algorithms, silently orchestrating every stage of the supply chain.