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Winning The Parts Allocation WarVolume 4 | Number 5 | May 2021 Shortages -we’re living them every day: stock-outs of our favorite food, the new gadget for the home office, or deficiencies that are impacting our manufacturing processes. Even if they are not directly affecting us, we certainly have heard about them on the
Are You Addicted To Inventory?
The Inventory Doctor®
Now that I have your attention. Let me tell you, Inventory Is Evil!
Many businesses are addicted to inventory, and itâs become their drug of choice! Rather than solving the root cause of problems, the answer is, âlet s increase safety stocks.â What do you see when walking through the doors of your manufacturing or warehousing? Do you see stacks of addiction?
Inventory is evil for this reason; it hides problems and delays problem resolution, which costs money!
Are you struggling with rallying the organization on world-class inventory performance? If you want to wean your organization from its inventory addiction and learn how the build a sustainable profit center with increased inventory velocity, spend an exciting hour with Art. You will:
Are you Addicted to Inventory?
Volume 4 | Number 4 | April 2021
 Inventory?
I know what you are thinking; I once was addicted to inventory tooâ¦and it nearly cost me a great job!
Try to imagine me sitting at one of the old gray manufacturing desks surrounded by four walls of inventory. At the time, my manager walked up to me and said: Something got to go, Koch. You, me, or this inventory, and it s not going to be me. Â
This simple exchange transformed my life.
Â
Many businesses are addicted to inventory, and it s become their drug of choice! Rather than solving the root cause of problems, the answer is, let s increase safety stocks. Leaders don t understand their addiction and how a massive dependency on inventory creates a monster that needs to be tamed. What do you see when walking through the doors of your operations? Do you see stacks of your organization s addiction?
KPIs need to be helping you manage operations by starting on course. Are you getting:
Better?
Staying the Same?
If your KPIs are not answering these three simple questions, then they are of no use.
If you have any questions or concerns about your operations and supply chain business strategy, please contact me by
e-mail or at +1 (336) 260-9441.