How EOS Companies Deal With Supply Chain Logistics

Published: June 3, 2022, noon

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Summary:
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\\nOn this episode of Where There\\u2019s a Will, There\\u2019s a Way, host Will Crist talked with Mike Ryan, a managing partner of The M. Ryan Group, which has 25 plus years of experience serving Fortune 500 middle market businesses by helping them create results through supply chain and operations optimization. Mike truly enjoys helping businesses figure out how to unfreeze their cash that is stuck in a proverbial \\u201ciceberg of inventory.\\u201d Throughout the episode, Will and Mike discuss how to crush the inventory iceberg, how to harvest cash from their inventory, and supply chain logistics.
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\\nShownotes:
\\n(1:21) Introduction to Mike Ryan
\\n(2:28) Lead Times in Supply Chain
\\n(5:38) How EOS Companies Deal With Supply Chain Logistics
\\n(10:13) EOS Mentality and Delegation
\\n(14:01) Living the EOS Life
\\n(20:14) Issues with Inventory
\\n(22:14) Just in Time Movement
\\n(28:49) Bringing Companies Back to the United States
\\n(30:52) Closing Thoughts
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\\nLinks:
\\nWill Crist
\\nMike Ryan
\\nThe M. Ryan Group
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\\nQuotes:
\\n\\u201cIt\\u2019s figuring out how do we look a little bit further down the road to understand what we have and what we don\\u2019t have so we can proactively plan around it.\\u201d - Mike Ryan, (2:19)
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\\n\\u201cIf a business is running on EOS, they\\u2019ve got a process, they\\u2019ve got people, and most importantly, their accountability is defined\\u2026the results are going to be not as favorable and not as sustainable as a business that has people, process, and technology running in a framework like EOS.\\u201d - Mike Ryan, (5:54)
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\\n\\u201c...what I find so exciting is when people get clear about what their ten-year target, three-year picture, or one-year plan is. When they get clear about that\\u2026they can begin to compartmentalize the journey that they have rather than trying to do it all at once or carrying all that imagination.\\u201d - Mike Ryan, (11:38)
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\\n\\u201cWhen the predictability and repeatability goes out of the supply chain, the ability to do \\u2018just in time\\u2019 goes away with it.\\u201d - Mike Ryan, (23:27)
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\\nContact Will Crist
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