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Oct 192017
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Big Ideas: How Big is Big Data?

Other videos you may find interesting:

Digital Supply Chain Quotes.

  • “New ways to improve the suply chain: artificial intelligence, IoT, big data, augmented reality, blockchain, drones, machine learning.”
  • “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
  • “The predictive supply chain: Artificial Intelligence; Machine Learning; Deep Learning.
  • “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.”
  • “Although still in its infancy, drone technology will be a game changer in supply chain.”
  • “Buzzwords or the future of supply chain? Internet of Things, Big Data, Industry 4.0, Artificial Intelligence, Blockchain, Augmented Reality, Deep Learning.”
  • “Machine learning and deep learning are emerging technologies that will completely change supply chain automation.

supply chain automation

Oct 172017
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Walmart CEO Doug McMillon

Walmart CEO Doug McMillon shared how he’s leading change and evolving the business of a 52 year-old company: “When making decisions, move with speed but use collective wisdom.” During an interview at Stanford Graduate School of Business, McMillon also discussed the impact of globalization and culture on today’s business strategy.

Walmart CEO Quotes

  • “I was always intrigued when I was growing up, and then in engineering school, with the idea of a perpetual machine. I think of the Wal-Mart culture as that.” ~ Mike Duke, former Walmart CEO
  • “It’s interesting: the letters I get from mayors that want Wal-Mart to look and invest in their community.” ~ Mike Duke
  • “There’s a lot more business out there in small town America than I ever dreamed of.” ~ Sam Walton, created the Walmart Supply Chain.
  • “One of the things that strikes me is so many of the critics are people whose lifestyle doesn’t change when the price of fuel changes, or if they keep a Wal-Mart store out of their area.” ~ Lee Scott, former Walmart CEO and VP of Logistics.
  • “There’s not an individual in these whole United States who has been in more retail stores than Sam Walton” ~ Bud Walton (Sam’s brother)
  • “The secret of successful retailing is to give your customers what they want” ~ Sam Walton, Supply Chain Guru.
  • “Appreciate everything your associates do for the business. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune.” ~ Sam Walton, Supply Chain Expert.
  • “I learned a long time ago that exercising your ego in public is definitely not the way to build an effective organization.”  ~ Sam Walton

Lee Scott and Mike Duke were both VP of Logistics at Walmart before taking the CEO position.  Supply Chain is very important at Walmart.  It is important for retail CEO’s to understand Supply Chain.  Walmart CEO Doug McMillon has plenty of Supply Chain experience as well.  He worked at Walmart while in high school.

For those doing research regarding Walmart check out some of the videos below.  We included videos about Amazon as well because there is so much competition between Amazon and Walmart.

Walmart Supply Chain CEO Doug McMillon

Walmart Supply chain



Oct 172017
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The Beer Game

Professors Brad Morrison, Jim Hines, and Paulo Gonçalves teach their organizational behavior and supply chain management classes how to play the beer game.


Here are some other great business videos.


Oct 162017
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How A Fast Drone Delivery From Whole Foods Could Save The Day.

Drone delivery is just around the corner.  Get up to speed on how drones will impact the last mile.  These are some great examples of where drone delivery will be essential.

Digital Supply Chain Training.

Quotes about the Digital Supply Chain.

  • “Although still in its infancy, drone technology will be a game changer in supply chain.”
  • “Residential drone delivery is being tested by a variety of companies.  From delivering packages to delivering pizza, drone delivery is in the near future.”
  • “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
  • “You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.” ~ Lee Iacocca
  • “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
  • “Blockbuster? Digital changed the way we rent movies. How will the digital supply chain impact the way we do business?”
  • “Great companies understand the strategic importance of supply chain and want people with supply chain experience in the c-suite.”
  • “The digital supply chain has the potential to completely change supply chain. However, do your due diligence before rushing in.”
  • “The Internet of Things (IoT) will impact supply chain in so many ways.  Either learn about it, or get left behind.”
  • “Your dream is out there waiting for you.  You just have to go out and get it.” ~Dave Waters

Drone Delivery

Oct 152017
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Supply Chain Cost Saving Strategies, CAPS Research

This is a CAPS research study by Lisa M. Ellram, Ph.D., Wendy L. Tate, Ph.D., and Thomas Y. Choi, Ph.D.  I know both Lisa Ellram and Thomas Choi.  Both are great professors and extremely knowledgeable.  Thought this would be a good video to share on supply chain cost saving strategies.

Strategic Sourcing and Procurement Blogs

Negotiation Quotes

  • “The most important trip you may take in life is meeting people half way.”  ~ Henry Boyle
  • “I want women to get paid more. I want to teach them to negotiate so they get paid more.” ~ Sheryl Sandberg
  • “You have to persuade yourself that you absolutely don’t care what happens. If you don’t care, you’ve won. I absolutely promise you, in every serious negotiation, the man or woman who doesn’t care is going to win.”  ~ Felix Dennis
  • “Focus on the lowest total cost of ownership, not the lowest price.”
  • “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” ~ Sun Tzu
  • “A true leader has the confidence to stand alone, the courage to make tough decisions, and the compassion to listen to the needs of others. He does not set out to be a leader, but becomes one by the equality of his actions and the integrity of his intent.” ~ Douglas MacArthur
  • “The best move you can make in negotiation is to think of an incentive the other person hasn’t even thought of – and then meet it.” ~ Eli Broad
  • “We tend to think that, in a traditional organisation, people are producing results because management wants results, but the essence of a high-quality organisation is people producing results because they want the results. It’s puzzling we find that hard to understand, that if people are really enjoying, they’ll innovate, they’ll take risks, they’ll have trust with one another because they are really committed to what they’re doing and it’s fun” ~ Peter Senge
  • “What business strategy is all about-what distinguishes it from all other kinds of business planning-is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as efficiently as possible, a sustainable edge over its competitors.” ~ Kenichi Ohmae
  • “The reason most people never reach their goals is that they don’t define them, or ever seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them” ~ Denis Watley
  • “Negotiation is not a policy. It’s a technique. It’s something you use when it’s to your advantage, and something that you don’t use when it’s not to your advantage.”  ~ John Bolton
  • “You don’t want to negotiate the price of simple things you buy every day.” ~ Jeff Bezos
 Posted by at 2:04 pm
Oct 142017
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Supply Chain Business Blogs

Large assortment of supply chain training and business blogs.  Topics include supply chain videos about Walmart, Amazon, Alibaba, Apple, Tesla etc.  Hear from top business minds such as Elon Musk (CEO Tesla, SpaceX, Solar City), Indra Nooyi (CEO Pepsi), Doug McMillon (CEO Walmart), Tim Cook (CEO Apple), Jack Ma (CEO Alibaba), Mark Zuckerberg (CEO Facebook), etc.

“Supply Chain – the supply chain starts from the origin of the raw material and ends once the product has been discarded or recycled.”

supply chain

“Supply Chain is simple when broken into small pieces.  But breaking it into understandable small pieces can be the difficult part.”

supply chain blogs

“The digital supply chain: blockchain, IoT, Big Data, Drones, Cloud, AI, Machine Learning, Deep Learning…”

machine learning supply chain

“Focus on the lowest total cost of ownership, not the price.”

supply chain tco


“Believe you can and you’re halfway there.” ~Theodore Roosevelt

Supply Chain Blogs









Oct 112017
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the most magical animal on the face of the planet, that grazes all day and sleeps at night.  Known fact giraffes graze and have the most purposeful life.  Their job is to warn other animals when predators are coming, since they can see over everything with their long necks (EDUCATION).  Elephants do not stand a chance against their magesticness.

 Posted by at 4:19 pm
Oct 032017
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Strategic Sourcing and Better Contract Negotiations

This is a 30 minute video on strategic sourcing and making better contract negotiations.  Definitely good information.

Strategic Sourcing Training

Negotiation and Strategic Sourcing Quotes.

  • “You don’t want to negotiate the price of simple things you buy every day.” ~ Jeff Bezos – CEO Amazon.
  • “The most important trip you may take in life is meeting people half way.”  ~ Henry Boyle
  • “During a negotiation, it would be wise not to take anything personally. If you leave personalities out of it, you will be able to see opportunities more objectively.” ~ Brian Koslow
  • “Negotiations are worthless if neither party is willing to budge.” ~ Dave Waters
  • “A negotiator should observe everything. You must be part Sherlock Holmes, part Sigmund Freud.” ~ Victor Kiam
  • “Let us never negotiate out of fear. But let us never fear to negotiate.”  ~John F. Kennedy
  • “Focus on the lowest total cost of ownership, not the lowest price.”
  • “Never cut what you can untie.” ~ Joseph Joubert
  • “The most difficult thing in any negotiation, almost, is making sure that you strip it of the emotion and deal with the facts.” ~ Howard Baker
  • “There are people who are in debt that make $500,000 a year.  There are people who have all their bills paid with no debt who make $50,000 a year.  It’s easy to negotiate an “increase in your salary” just change your spending habits.” ~ Dave Water

Strategic Sourcing

 Posted by at 11:43 pm
Oct 032017
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Why Elon Musk, Stephen Hawking and Mark Cuban Fear Artificial Intelligence.

There is a great deal of concerning regarding artificial intelligence (AI).  If AI begins to think for itself how will it evolve?  What will it create?

“Listening to Bill Gates, Elon Musk and Stephen Hawking talk about artificial intelligence remind me of the Jurassic Park Scene where they talk about chaos theory.” ~Dave Waters

regulate artificial intelligence elon musk stephen hawking bill gates

“Artificial Intelligence, Deep Learning, Machine Learning – whatever you’re doing if you don’t understand it – learn it.  Because otherwise you’re going to be a dinosaur within 3 years.” ~Mark Cuban

Mark Cuban artificial intelligence machine learning deep learning

“Artificial Intelligence (AI) is an infant at best.  Once it becomes a teenager and believes it is smarter than its parents will AI rebel?” ~Dave Waters

artificial intelligence quote

“If Elon Musk is wrong about artificial intelligence and we regulate it who cares.  if he is right about AI and we don’t regulate it we will all care.” ~Dave Waters

Elon Musk Artificial intelligence

“With artificial intelligence, we are summoning the demon.” ~Elon Musk

artificial intelligence elon musk quotes



Oct 012017
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Famous People Who Failed at Their First Attempt

There are so many famous people who would not be famous today if not for their persistence. We are all going to fail. Keep trying. Make it happen for yourself.

Leadership Quotes:

  • “Eagles don’t flock – you have to find them one at a time.” ~ H. Ross Perot
  • “My job is not to be easy on people. My job is to make them better.” ~ Steve Jobs
  • “Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.”  ~ Sam Walton
  • “To have long term success as a coach or in any position of leadership, you have to be obsessed in some way.”   ~ Pat Riley
  • “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.”   ~ John Quincy Adams
  • “Become the kind of leader that people would follow voluntarily; even if you had no title or position.” ~ Brian Tracy
  • “To lead people, walk behind them.”   ~ Lao Tzu

Leadership and Motivational Blogs.

“The word impossible has been and must remain deleted from our dictionary.” ~Ingvar Kamprad, founder and CEO of IKEA.

Famous People Who Failed

“What’s dangerous is not to evolve.” ~Jeff Bezos, founder and CEO of Amazon.

famous failures

Famous People Who Failed

“I’m a normal guy.” ~Jack Ma, founder and CEO of Alibaba.

famous failures

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