How you See Things Defines Your World, Within Limits
Inventory freezes money that could be working for you, and hides waste. What happens when you look at it as a liability rather than an asset?
This short film, while a bit overly simple, elegantly illustrates what is wrong with treating inventory as an asset in operations, as is done in cost accounting on the balance sheet.
Inventory is a necessary evil, but it is evil, generating hidden losses and lost opportunities, like a still puddle breeds mosquitos.
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If you cant see what you need to do, clearly, how can you manage your resources? When the feedback you depend on for operating a business does not model what is really going on, you can be in a world of hurt and not even know it.
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