Reverse Logistics and Closing the Loop

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Reverse Logistics and Closing the Loop

From MIT OpenCourseWare.  Hour long video.

Supply Chain Management Quotes

  • “Supply Chain is like nature, it is all around us.” ~ EverythingSupplyChain.com
  • “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
  • “If you can’t describe what you are doing as a process, you don’t know what you’re doing.”  ~ W. Edwards Deming
  • “Focus on the lowest total cost of ownership not the lowest price.” ~ EverythingSupplyChain.com
  • “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
  • “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
  • “Great leaders are almost always great simplifiers who can cut through the argument debate and doubt to offer a solution everybody can understand.”  ~ Colin Powell

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