36 min listen
ICEBERG CRUSHER: Mitigating The Risks Of An Iceberg Of Inventory With Mike Ryan
ICEBERG CRUSHER: Mitigating The Risks Of An Iceberg Of Inventory With Mike Ryan
ratings:
Length:
33 minutes
Released:
Nov 30, 2022
Format:
Podcast episode
Description
IF THERE’S A RISK TAKER, WE ALSO HAVE A RISK FIXERToday we welcome Michael “Mike” Ryan, from the M. Ryan Group, also known as the Inventory Iceberg Crusher. Tune in as Sarah unpacks Mike’s story on how he got into supply chain, and how he helps businesses mitigate the risks of having too much inventory. Learn more in this latest episode of What The Duck?! MOMENTS TO DUCK AROUNDMIKE: Defining Massive Supply Chain Transformation“The massive transformation was understanding, starting with sales, starting with the customer, what the customer needs and when, and then translating those requirements back into manufacturing.”MIKE: Explaining the “Iceberg of Inventory”“That's how we end up with the iceberg of inventory, and the idea is that the product is on the shelf effectively is cash frozen in inventory. It's not like I can take a tire and go to Walmart and buy a gallon of milk, it doesn't work like that. I have to convert that finished good back into cash, so I can utilize that cash, when we've got too much of the wrong stuff, we end up with an iceberg of inventory.” Connect with Mike and learn what he’s been duckin’ around with:Michael Ryan | The M. Ryan Group | MRyanGroup.com Connect with Sarah and find out more about what the duck she’s up to:LinkedIn | Twitter | SourceDay | SourceDay.com Had fun with the podcast? Leave us a like, share our content, and subscribe! See you soon on the next episode of What The Duck?!
Released:
Nov 30, 2022
Format:
Podcast episode
Titles in the series (92)
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