Inventory Is Evil!™ – The Classic Inventory Floating Over ProblemsJuly 16, 2019
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.
The three common barriers when planing on inventory velocity improvements.
- Fear of the unknown. Making the issues bigger than actually. Nothing is ever as bad as the initial fear.
- Lack of total leadership engagement. Inventory velocity improvements are a culture shift requiring total team involvement, not just supply chain.
- Where to start? It’s a big elephant. Just one or tow small areas. Get early successes, build momentum and team confidence.
What are your three concerns that are keeping you from starting?
Categorized in: Art of Change Series™