E038: The Inventory Deep Dive.

00:00 Introduction and Importance of Inventory Management01:24 The Complexity of Inventory Management03:20 Factors Affecting Inventory Risk05:27 Time-Based and Seasonal Inventory Risks07:23 Product Market Fit and Specificness as Inventory Risks09:15 The Financial Engineering Aspect of Inventory10:04 The Impact of Inventory on Lending and Credit13:15 The Importance of Managing Downside in Inventory15:32 The Risks of Overstocking and Understocking19:09 The Impact of Macro Factors on Inventory21:25 The Ideal Size and Growth of a Business23:52 The Importance of Operating Paranoid and Planning for Risk27:26 Considering the Competitive Landscape in Inventory Management32:51 The Risks of High Growth and the Ideal Size for a Business37:08 The Impact of Category Risk on Inventory40:32 The Role of Domestic Manufacturing in Resilience and Growth42:17 The Importance of Brand and Speed43:11 The Advantage of Customizable Products and Agility44:12 Taking Shots on Goal and the Role of Domestic Manufacturing45:16 The Impact of Speed and Global Logistics46:14 Scaling Up with Domestic Manufacturing47:13 The Challenge of Inventory Management48:44 Cutting Inventory and Making Decisions50:07 Expanding Manufacturing into New Markets51:33 The Structural Advantage of Established Businesses52:57 Recycling and Upcycling Inventory56:03 The Reality of Destroy and Field58:07 Being Analytical and Unemotional about Inventory01:02:15 Intentionality, Preparation, and ConsistencyOperators Exclusive Slack:https://join.slack.com/t/9operators/shared_invite/zt-20pd2eq4n-UVM6oTQkdltEwLINwkCWIA

Operators Job Board:https://operators.niceboard.coIn the world of eCommerce, a legendary WhatsApp group is rumored to hold the secrets to unimaginable success. The catch? You must have nine figures in revenue to gain entry. The world's biggest brands have denied its existence for years, until now. Four titans known as "Operators" are leaking the secret contents in an effort to share their wealth of knowledge with people like you.Powered By:Fulfil.io.https://bit.ly/3pAp2vuThe Only Cloud ERP Designed to Efficiently Scale 8 and 9-Figure Brands.Northbeam.https://www.northbeam.io/Sendlane.https://learn.sendlane.com/operatorsVisit Our Website: https://www.9operators.com/SummaryThis episode discusses the importance of inventory management and the risks associated with it. The conversation covers various factors that affect inventory risk, including time-based risks, seasonal risks, and product market fit. The financial engineering aspect of inventory is also explored, highlighting the impact of inventory on lending and credit. The discussion emphasizes the need to manage downside in inventory and the risks of overstocking and understocking. The impact of macro factors on inventory and the ideal size and growth of a business are also discussed. The episode concludes with a focus on the role of domestic manufacturing in resilience and growth. In this episode, Mike Beckham and Matt Bertulli discuss the importance of brand and speed in driving excess returns. They explore the advantage of customizable products and agility in the market. They also delve into the role of domestic manufacturing in taking more shots on goal and scaling up with successful products. The conversation highlights the challenges of inventory management and the need to make decisions when inventory becomes heavy. They also touch on the potential for expanding manufacturing into new markets and the benefits of recycling and upcycling inventory. The episode concludes with a focus on the importance of being analytical and unemotional about inventory and the need for intentionality, preparation, and consistency in business operations.