This is the classic image of a boat representing inventory. The higher the water level, more inventory. The rocks represent problems within the business. As you lower the water level/inventory the problems are exposed.
Remember, Inventory Is Evil!™ – Because it delays and hides problem resolution.
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We’ve all been there. The dreaded mandatory problem solving session.
The facilitator say’s we going to solve XYZ opportunity. There is a “brainstorming” mind dump of the issues, an excel file with filters and pivots, and to cap the meeting off, someone has a data visualization software they are eager to use. And before you know it you’re trying to Boil the Ocean or Solve World Hunger. Everyone forgets why we’re there in the first place…
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Nothing wrong with a Ludicrous idea, we all have them, it’s part of brainstorming. Spending time and money on them is simply Scandalous!!
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Vendor get you peanuts, cracker jacks and popcorn at ball games. Supplier partnerships reduce the total cost of ownership across the Profit Chain™.
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Ever notice within your supply chain. The further you are from the end customer, the lower the expectations of suppliers. How can this form of apathy be reversed? Let’s hear your comments.
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Inventory is evil! Beware if the trappings of inventory.
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