Supply chain management (SCM) is the process of planning, implementing, and controlling the operations of the supply chain with the aim of providing customer satisfaction at the lowest possible cost. Supply chain management includes all aspects of handling and managing materials, including acquisition, transportation, storage, and distribution. In this post, we have compiled some of the best supply chain quotes from the industry leaders.
Supply Chain Quotes
01
“The goal of supply chain management is to create value for the customer.” – Micheal Porter
02
“Supply chain management is about managing relationships – it’s not just about moving boxes.” – Gary Lynch
03
“In supply chain management, as in life, we are often our own worst enemies.” – Peter Drucker
04
“An efficient supply chain is a must-have for any company that wants to remain competitive and successful.” – William Rothwell
05
“The challenge of supply chain management is to integrate supplier networks and customer requirements in order to deliver the right product or service at the right time and place while minimizing cost and maximizing value.” – J. Paul Dittmann
06
“The real challenge of supply chain management is to create a competitive advantage for your company.” – Richard J. Schonberger
06
“In today’s world, the only way to win is to have a nimble and agile supply chain.” – Patrick Hooper
07
“Supply chain management is all about creating value for the customer while minimizing cost for the company.” – H.O. Fung
08
“A company’s competitive advantage lies in its ability to manage its supply chain effectively and efficiently.” – Pankaj Ghemawat
09
“The goal of supply chain management is to create value for the customer while minimizing cost for the company.” – Michael L. Gibson
10
“In order to be successful, supply chain management must be strategic and not just operational.” – Patrick Hooper
11
“The future of supply chain management is all about speed and flexibility.” – Robert S. Mueller
12
“To be successful in today’s market, companies must have a lean and agile supply chain.” – George Stalk
13
“In order to survive and thrive in today’s economy, companies need to have a well-managed and efficient supply chain.” – Pankaj Ghemawat
14
“Supply chain management is a key driver of business success.” – Kalyan Banerjee
15
“A company’s competitive advantage depends on its ability to manage the supply chain efficiently and effectively.” – Pankaj Ghemawat
16
“In order to be successful, companies need to have a well-managed and efficient supply chain.” – Kalyan Banerjee
17
“The goal of supply chain management is to create value for the customer while minimizing cost for the company.” – Patrick Hooper
18
“To be successful in today’s market, companies must have a lean and agile supply chain.” – George Stalk
19
“Supply chain management is a key driver of business success.” – Pankaj Ghemawat
Digital Supply Chain Quotes
20
“Digital is not an initiative. It’s the new normal.” – George Westerman, research scientist at MIT
21
“In a digital world, the old adage ‘The customer is always right’ takes on a whole new meaning.” – Shep Hyken, customer service expert
22
“Digital business transformation is not just about technology. It’s about rethinking your entire value chain.” – Mark Hurd, CEO of Oracle
23
“A company’s competitive advantage in the future will come less from what it does with information, and more from what it knows about its customers.” – Peter Drucker, management consultant
24
“You can have the best product in the world, but if your supply chain is broken, you’re not going to sell anything.” – Warren Buffet, investor
25
“Supply chain management is not a new concept. What is new is the application of digital technologies to every aspect of the supply chain.” – Gartner, research and advisory firm
26
“Data is the oxygen of modern commerce.” – George Dyson, author
27
“In a world where businesses compete on speed and agility, the supply chain has become the decisive differentiator.” – Roland Berger, management consultancy
28
“A successful digital transformation requires a deep understanding of how technology can be used to create new value for customers.” – McKinsey & Company, management consulting firm
29
“Digital is not an initiative. It’s the new normal.” – George Westerman, research scientist at MIT
30
“In a digital world, the old adage ‘The customer is always right’ takes on a whole new meaning.” – Shep Hyken, customer service expert
31
Distributers don’t need massive amounts of square feet to stock digital products. Retailers don’t need brick-and-mortar stores to sell them. The entire supply chain for these select items has been permanently dematerialized. The marketplace has been blown to bits. – Jay Samit
32
With the very rapid expansion of distribution platforms, we want to be in the supply chain with as many types of programs as we can. Haim Saban
Global Supply Chain Quotes
33
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
34
“We live in such a service-based, globalised economy where very few people actually make anything and the people who do make stuff… it’s all part of a massive global supply chain. So what if all those chains were suddenly cut, how would you make something? How would you keep people alive? And that was something I wanted to explore.” – Max Brooks
35
“Cutting carbon in the supply chain is the next critical stage in the business contribution to reduce carbon emissions to tackle climate change and, represents a significant commercial opportunity.” – Tom DeLay
36
“Flexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters.” – James Surowiecki
37
“Supply chain is like nature it is all around us” – Dave Waters
38
“Basically all the world’s computer parts come from the same supply chain that runs from Korea, down through coastal China, over to Taiwan, and down to Malaysia.” – Thomas Friedman
39
“The global food supply chain is a multitrillion-dollar industry. That’s the market we’re thinking about disrupting.” – Arvind Gupta
40
“Globalization has taken a hit in that there is some sand in the gears because most of us have supply chains that are all over the world that we’ve had to lengthen.” – Jack Welch
We hope you enjoyed our collection of Supply Chain quotes.
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