“Sure – Supply Chain is boring – except for the fact that 5 of the top 10 richest people in the world made their money in it.”
-Bruce Welty
Bruce Welty never wanted to build robots; Amazon.com made him do it. Starting in the 1970s, Welty, specialized in software for managing warehouses. In 2009, he shifted gears and founded Quiet Logistics, a company that used robots from Kiva Systems of North Reading to dramatically reduce warehouse operating costs. But three years later, retailing titan Amazon.com acquired Kiva, cutting off Welty’s robot supply. He saw only one hope — build his own robots.
Take a listen to Bruce’s story about his career and success tips for starting a business.
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The Buzz is Supply Chain Now’s regular Monday livestream, held at 12 noon ET each week. This show focuses on some of the leading stories from global supply chain and global business, always with special guests – the most important of which is the live audience! In this week’s episode of The Buzz, hosts Scott Luton and Greg White discuss some of the top news stories and trends in supply chain and industry today. Listen in and learn more about: The top concerns for US and Global CEOs as we go into 2024 The extra-spicy experiential food & beverage trends for 2024 What consumer product shortages will shoppers notice on (empty) shelves? EV news from Ford, and if they’re meeting their ambitious sales expectations