Supply Chain Efficiency Quotes

As we look at a future where we're going to have to double our freight capacity, how do you create a freight system that's integrated across the country when you have 50 different freight systems that are built one state at a time?

With Illum, we're able to start to customize that supply chain in a very deep way... to rethink the entire imaging pipeline.

Digitally enabled supply chains initially increased efficiency and dramatically shortened lead times. Capital was mobile; labor, less so. Economic activity (production, research, design, etc.) moved to any accessible country or region that had relatively inexpensive labor and human capital.

Supply chains cannot tolerate even 24 hours of disruption. So if you lose your place in the supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells.

Price erosion in components is quite fast. If you can capitalize on that by bringing products to the market faster, you will actually gain a better margin realization.

A siloed approach between suppliers doesn't really help hospitals well enough.

If eighty percent of your sales come from twenty percent of all of your items, just carry those twenty percent.

Clearly, there needs to be an increase in the capacity of the railway system. That's why there are these projections of increasing the capacity to carry freight on the railways by 30% over the next five years or so, because the volume of goods moved up and down, imports, exports, and within the country, has grown much larger than the capacity. And this is part of the higher costs to business, because charges, for instance, at the ports become too high and they put up the prices of these goods, whether they are imports or exports. You want to reduce that.

We firmly believe in Trafiguras unparalleled capacity to extract the full value of the Sudeste Superport.

You can get an ice-cold Coke for around fifty cents in most developing countries, not just in the major population centers, but at the most remote and surprising places. The logistical challenges to resupplying all these outlets are enormous - and yet, the entire system works with incredible efficiency as is confirmed by the price of the product.

I've witnessed firsthand the critical role suppliers - and especially the best ones - play in Boeing's success.