Logistics

“CPU manipulates the bits. Storage stores bits. Network moves bits from point A to point B. But if you're digitizing the physical world, you're treating atoms like bits. And you're like, well, I know that CPU manipulates the bits. What manipulates atoms? That's…”

“The logistics is a much bigger market than software. If you, for example, like a typical, like a medium sized company will spend, call it five percent of their revenue, companies spend about five, if they're physical goods companies, they'll spend like five pe…”

“For the last decade, I wanted to be, I didn't want to compete on price, and I wanted to be the premium value, premium provider in logistics and thought it would be bad to compete on price. And now I'm like pretty convinced that we need to be the low cost leade…”

“We're thinking about making a big play in the logistics space in partnership with large, you know, corporates. And in June we're looking at potentially doing a broader rollout where we're going to roll out four or five different big lines of effort.”

“An inevitable transformation that we are going to go from using humans driving cars that weigh, you know, 4000 pounds and burn gas to a world where we're going to be using vehicles that weigh 50 pounds and are electric and autonomous.”

“So many a times we tell people that don't think of sustainability as a extra thing that you have to do and over and over everything. Sometimes you do better logistics. You will save cost, but you will also save, you know, become more, you know, sustainable.”

“I mean, it was 50% of the, I think the Afghanistan casualties were from just logistics.”

“I think we'll, we'll see billions of humanoids on the planet in our, in, like, our lifetime, and they will do everything for us from things at home, like, doing the laundry, washing dishes unpacking groceries cleaning up the house to, we will see billions in t…”

“Like, if you take a step back, Joe, like, logistics in its simplicity is about trading information so you can trade goods.”

“And in the US, it's 3.2 trillion. Our economy is, I think, 35, 36. It's almost 10% of the economy is logistics.”

“There are probably 10 times more products that you don't have access to because logistics is so broken, right?”

“If you're picking up a 50 pound box with one of those robots, like it's very likely to tip over pretty easily. Like you need, and if you want to move at any kind of speed, right? Because if you take a 50 pound box and you move it at, you know, five miles an ho…”

“I think where we're seeing the most disruption today Is industries that have very high call volume. We're seeing it a lot in logistics in particular, because if you think about how many different nodes are in a supply chain, there's so many people who have to …”

“The future is, is one where logistics becomes increasingly local and increasingly small. I mean, it, a massive an aggregate but hyperlocal at scale. and so the notion then of hyper-local micro warehousing, you know, I think is one that's going to be you know,…”

“The more a company in logistics focuses on efficiency, the less efficient, efficient they'll get. And the more they focus on quality, the lower their costs will be, the more efficient they'll be.”

“Many of the concepts that I was part of, I was involved in those discussions certainly seemed to have borne fruit in, in the way the conduct of the First Gulf War went. The logistics were really quite amazing, the way they played out.”

“It was that logistics does a good job of serving the golden billion people on Earth, but for the seven billion people who don't fall into that category, your access either sucks or is non-existent.”

“These network solutions had advanced to the point where we have the information we need, we know that there is a medical emergency occurring, and we know exactly the product that is needed to save that person's life, but logistics has not advanced enough to ac…”

“Many industries are still going through a lot of the pain that, you know, we all saw in, you know, healthcare, transportation, logistics, other areas are still seeing incredible challenges hiring employees and retaining them.”

“It seemed like what you really want in, in robotics is a super boring, re repetitive task. And logistics is about as boring and repetitive as it gets.”

“As a result of that five and a half million kids lose their lives every year due to lack of access to basic medical products.”

“Like, you know, the future of e-commerce is mobile. The future of logistics and delivery is like, you know, not next day not, you know, even same day, not even next two hours, you know, next 10, 20, 30 minutes.”

“It's not about putting medicine in boxes and shipping it to you. Even the medicine part isn't about the putting it in the boxes part. It's the, what are you paying? And why does insulin cost a thousand dollars in America and 50 bucks everywhere else on earth? …”

“Logistics in India has been, for example, you know, a very, very hot space in the sense that, you know, we spend close to about 14% of our GDP on, on logistics costs. The developed countries spend about six to seven percent.”

“You have to respect logistics and respect operationally intensive businesses. And, you know, I think there've been a lot of venture backed companies that have very that have very high demand that should exist today, but they maybe ran too quickly and didn't ne…”

“It's literally logistics is 12% of global GDP. 12% of every dollar made by every person on planet earth. This goes into logistics”