Michael Dell

United States
Born on 23 Feb 1965
Business Magnate, Investor, Philanthropist, Author

I believe there's an inverse correlation between the quality of the information you have and the amount of inventory you need. Most businesses tie up a tremendous amount of assets anticipating things that may not happen. If they had a system that was customer demand driven, they would be much more efficient.

Speech to the Detroit Economic Club. 'Building a Competitive Advantage in an Internet Economy' (1999)

Quote Image



On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human
On Friendship: "A crowd is not company; and faces are but a gallery of pictures; and talk but a tinkling cymbal, where there is no love."