If we've learned anything from the global supply chain disruption, it's best to have more inventory not less. The futuristic world you describe may happen someday but I think it is decades away, maybe centuries away. Imho people tend to worry about the supposed cost of holding inventory overly so. It's no big deal if you know what you're doing. Others costs like quality mishaps dwarf inventory cost. Zero defects is a better focus point for AI and other advances.
Thank you for your comments. This edition is part of a series exploring the role of ideas in B2B innovation, ideas that are not in the normal conversation among manufacturers and distributors. I am following up in workshops with a few distributors and will share what I learn here.
If we've learned anything from the global supply chain disruption, it's best to have more inventory not less. The futuristic world you describe may happen someday but I think it is decades away, maybe centuries away. Imho people tend to worry about the supposed cost of holding inventory overly so. It's no big deal if you know what you're doing. Others costs like quality mishaps dwarf inventory cost. Zero defects is a better focus point for AI and other advances.
Hi Steve,
Thank you for your comments. This edition is part of a series exploring the role of ideas in B2B innovation, ideas that are not in the normal conversation among manufacturers and distributors. I am following up in workshops with a few distributors and will share what I learn here.
Mark