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

 

 

Walmart, Amazon, Alibaba Eyeing Parcel Delivery Services

 Company, Supply Chain  Comments Off on Walmart, Amazon, Alibaba Eyeing Parcel Delivery Services
Sep 182017
 
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Walmart, Amazon, Alibaba Eyeing Parcel Delivery Services

With so much product being shipped to residences it is not surprising these companies want to get more involved with parcel delivery.  These companies have increased the business of UPS, FedEx and DHL tremendously.

 

  • “What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tailwind is now a head wind – you have to lean into that and figure out what to do because complaining isn’t a strategy.” ~ Jeff Bezos, CEO Amazon.
  • “I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.”  ~ Sam Walton, built the Walmart Supply Chain.
  • “I’m a normal guy.” ~ Jack Ma, CEO Alibaba.
  • “If you want a successful business, your people must feel that you are working for them—not that they are working for you.”  ~ Sam Walton, made logistics a competitive descriminator.
  • “The most important single thing is to focus obsessively on the customer. Our goal is to be earth’s most customer-centric company.” ~ Jeff Bezos, built the Amazon Supply Chain.
  • “If you don’t give up, you still have a chance. Giving up is the greatest failure.” ~ Jack Ma, CEO Alibaba.
  • “We’re all working together; that’s the secret.”  ~ Sam Walton, CEO Walmart.
  • “I’m not a tech guy. I’m looking at the technology with the eyes of my customers, normal people’s eyes.” ~ Jack Ma, CEO Alibaba.
  • “A leader should have higher grit and tenacity, and be able to endure what the employees can’t.” ~ Jack Ma, built the Alibaba Supply Chain.
  • “The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you. It just works.” ~ Jeff Bezos, CEO Amazon.
  • “There is only one boss – the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.”  ~ Sam Walton, CEO Walmart.

Here is an assortment of retail blogs regarding Walmart, Amazon, Alibaba.

“Many of our best opportunities were created out of necessity.” ~Sam Walton.  Founder and CEO Walmart.

.Walmart Amazon Alibaba supply chain

“Bad communication is kryptonite for supply chain.” ~EverythingSupplyChain.com

Supply Chain Walmart Amazon Alibaba

“I had to get up every day with my mind set on improving something.” ~Sam Walton.

Sam Walton Supply Chain Walmart change everyday

“I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.” ~Sam Walton

Walmart Amazon Supply Chain Alibaba

How Walmart Plans to Battle Amazon

 Automation, Company, Supply Chain  Comments Off on How Walmart Plans to Battle Amazon
Sep 182017
 
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How Walmart Plans to Battle Amazon

Walmart and Amazon have done increased productivity tremendously through supply chain automation.  These are the two giants of retail.  Both companies have revolutionized supply chain and both continue to improve everyday.

Retail blogs about Walmart and Amazon Supply Chain.

More Supply Chain Automation Quotes.

  • “The digital supply chain has the potential to completely change supply chain. However, do your due diligence before rushing in.” ~EverythingSupplyChain.com.
  • “The Internet of Things (IoT) will change the supply chain.  Research IoT before you get left behind.” ~SupplyChainToday.com. 
  • “Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen.” ~ Jonh Steinbeck
  • “If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.” ~ Jeff Bezos, built the Amazon Supply Chain.
  • “Artificial intelligence would be the ultimate version of Google. The ultimate search engine that would understand everything on the web. It would understand exactly what you wanted, and it would give you the right thing. We’re nowhere near doing that now. However, we can get incrementally closer to that, and that is basically what we work on.” ~ Larry Page
  • “Here are a few key supply chain trends you may want to research: Internet of Things (IoT), 3D Pringing, Big Data, Artificial Intelligence (AI) , Deep Learning and Drones.” ~SupplyChainToday.com.
  • “I’m increasingly inclined to think that there should be some regulatory oversight, maybe at the national and international level, just to make sure that we don’t do something very foolish.  I mean with artificial intelligence we’re summoning the demon.” ~ Elon Musk
  • “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, built the Walmart Supply Chain.
  • “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ~ Buckminster Fuller
  • “For some the digital supply chain is just a bunch of buzzwords: Big Data, Internet of Things (IoT), Cloud, Drones… For others it is the future of supply chain. ~SupplyChainToday.com.
  • “Where there is no Standard there can be no Kaizen.” ~ Taiichi Ohno

“One of the only ways to get out of a tight box is to invent your way out.” ~Jeff Bezos, CEO Amazon.

walmart amazon

“Making mistakes is the privilege of the active.  It is always the mediocre people who are negative, who spend their time proving that they were not wrong.” ~Ingvar Kamprad, CEO IKEA.

IKEA Amazon Walmart

“I have always been driving to buck the system, to innovate, to take things beyond where they’ve been.” ~Sam Walton, CEO Walmart.

Walmart Amazon

“I wouldn’t ask anyone to do anything I wouldn’t do myself.” ~Indra Nooyi, CEO Pepsi.

Indra Nooyi Jeff Bezos Sam Walton quotes

“Sam Walton’s Values.” Look at how people treat others and it says a lot.

 CEO, Company, Supply Chain  Comments Off on “Sam Walton’s Values.” Look at how people treat others and it says a lot.
Jun 242017
 
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Sam Walton was an amazing entrepreneur and an amazing CEO. So much to learn from him. Walmart has one of the best supply chains out there.  The person who is speaking is Don Soderquist.  If I remember correctly he was the COO when Sam Walton and David Glass were the CEOs.  I got to hear Don Soderquist speak when I worked for Walmart Logistics.  Very motivational.

Here is an assortment of retail blogs regarding Walmart, Amazon, Alibaba.

 

“I don’t know what would have happened to WalMart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.” ~ Sam Walton, created the Walmart Supply Chain
“At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We’re known for operating in a very efficient way and then giving those savings to customers.” ~ Mike Duke, former CEO of Walmart

Sam Walton

Walmart’s supply chain

 Logistics, Supply Chain  Comments Off on Walmart’s supply chain
Mar 252017
 
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Walmart’s Supply Chain

Walmart Quotes:

  • “I don’t know what would have happened to WalMart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.” ~ Sam Walton, created the Walmart Supply Chain
  • “At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We’re known for operating in a very efficient way and then giving those savings to customers.” ~ Mike Duke, former CEO of Walmart

Other videos you may find interesting:

 

 

Retail Blogs – Walmart, Amazon, Alibaba

 Logistics, Supply Chain  Comments Off on Retail Blogs – Walmart, Amazon, Alibaba
Jan 272017
 
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Here is an assortment of retail blogs regarding Walmart, Amazon, Alibaba.

“Supply Chain is like nature, it is all around us.” ~ EverythingSupplyChain.com
“Make inventory a common enemy for your company.” ~ Dave Waters
“Keep Calm and call the Supply Chain guy (or gal).” ~ EverythingSupplyChain.com
“If your supply chain runs without many problems you either have a great supply chain or running very fat.” ~ EverythingSupplyChain.com
“Supply chains are everywhere. From the biggest company in the world to running your household. We all have supply chain experience even if we don’t know it.” ~ EverythingSupplyChain.com

walmart amazon alibaba

supply chain Walmart Amazon Alibaba

Walmart Logistics

 Company, Logistics, Supply Chain  Comments Off on Walmart Logistics
Nov 282016
 
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Nightly Business Report: Wal-Mart’s logistics

Walmart Logistics

  • “I probably have traveled and walked into more variety stores than anybody in America. I am just trying to get ideas, any kind of ideas that will help our company.: ~ Sam Walton, founder of Walmart
  • “After a lifetime of swimming upstream, I am convinced that one of the real secrets to Wal-mart’s phenomenal success has been that very tendency.” ~ Sam Walton, Logistics Expert
  • “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
  • “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.
  • “Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitor.” ~ Sam Walton, created the Walmart Supply Chain
  • “The goal as a company is to have customer service that is not just the best but legendary.” ~ Sam Walton
  • “Celebrate your successes. Find some humor in your failures. Don’t take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm – always. When all else fails, put on a costume and sing a silly song. Then make everybody else sing with you. Don’t do a hula on Wall Street. It’s been done. Think up your own stunt. All of this is more important, and more fun, than you think, and it really fools the competition. “Why should we take those cornballs at Wal-Mart seriously?”  ~ Sam Walton

Walmart Supply Chain Information

Walmart Advanced Vehicle Experience Concept Truck. 550k views.

 Logistics, Supply Chain  Comments Off on Walmart Advanced Vehicle Experience Concept Truck. 550k views.
Sep 142016
 
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The Walmart Advanced Vehicle Experience concept truck is the latest in our fleet efficiency program.  The one-of-a-kind prototype offers a whole package of firsts. The tractor has very advanced aerodynamics and is powered by a prototype advanced turbine-powered, range-extending series hybrid powertrain. The trailer is made almost exclusively with carbon fiber, saving around 4,000 pounds which can then be used to carry more freight.

 

Here are some other great business videos.

Walmart Supply Chain

 Career Development, Company, Supply Chain  Comments Off on Walmart Supply Chain
Jul 172016
 
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Walmart Supply Chain

The Walmart Supply Chain is one of the best in the world. Ever since Sam Walton founded Walmart the company has focused on always improving, always getting better.   If you read “Made In America” by Sam Walton or know Walmart’s history you know that some of Walmart’s greatest innovations came out of necessity.  Walmart started in rural America so Sam Walton had to do things a bit different than the stores in major cities.  Swimming against the current can greatly pay off.

I had the opportunity to work for Walmart Logistics early in my career and learned a great deal.  While at Walmart I did not hear the word supply chain and very rarely heard the word logistics. However,  I learned a great deal about supply chain fundamentals and what truly matters to the bottom line.  Whenever I am doing supply chain research I always relate it back to my time with Walmart Logistics.

One of my interview questions from the Distribution Leadership team was as follows:  Put in order of importance Quality,  Safety and Productivity. I said safety, quality and then productivity.  We then discussed why safety is so important. That is the only question I remember from the interview but the discussion really stayed with me.

Walmart History. Sam Walton and the growth of Walmart.

 Company, Learning, Supply Chain  Comments Off on Walmart History. Sam Walton and the growth of Walmart.
Apr 232016
 
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The focus of this video isn’t specific about supply chain but Walmart is all about the supply chain.  One of the key reasons Walmart grew the way it did is because of its supply chain.  You can check Walmart history on this.

Retail blogs regarding Walmart, Amazon, Alibaba.

  • “I don’t know what would have happened to WalMart if we had laid low and never stirred up the competition. My guess is that we would have remained a strictly regional operator.” ~ Sam Walton, created the Walmart Supply Chain
  • “At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We’re known for operating in a very efficient way and then giving those savings to customers.” ~ Mike Duke, former CEO of Walmart

 

Sam Walton Walmart history supply chain

Walmart history Mike Duke CEO supply chain

 

 

 

 

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