Inventory: Asset or Evil for Financial Performance in S&OP/ IBP?

Adventures in Supply Chain
09/01/2024 13 min Episodio 49
Inventory: Asset or Evil for Financial Performance in S&OP/ IBP?

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Episode Synopsis

Tim Cook—Apple’s CEO—says that inventory is “fundamentally evil”. In Accounting, inventory is an asset.  This means a resource that the company expects to generate future benefits. It seems that Cook and Accounting views are in conflict. Who’s right: Apple’s CEO or Accounting? To answer this question, listen to this video and know the impact of inventory on the financial statements in S&OP/ IBP.   For Free and Actionable Resources, please visit https://usmsupplychain.com/

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