88. The 5-Part Inventory System Every Rancher Should Be Using

In this episode, John Haskell sits down with Wally Olson to revisit the classic inventory triangle of money, feed or grass, and livestock, and expand it into a five-part system by adding time and people. Together, they discuss why these two additions matter and how thinking in terms of a full inventory framework can improve flexibility, risk management, and profitability.

From maintaining cash reserves and grass ahead of you to investing in people and managing livestock to build lighter, younger inventory, this conversation offers a practical lens for evaluating your ranch business every day.

Make sure to hit subscribe/follow so you never miss an episode!

In this episode, we cover:

1. The evolution from the inventory triangle to a five-part system
2. Why time is a limited resource and how turnover impacts cash flow
3. The importance of investing in people and building a strong network
4. Maintaining cash and grass reserves to manage risk
5. Managing livestock age, weight, and value within your inventory framework

Connect with Wally:

1. Check out his website

Connect with Ranch Right:

1. Subscribe on YouTube
2. Follow on Instagram @ranchrightllc
3. Follow on Facebook
4. Check out the website
5. Check out all of our past webinars here

Resources & Links:

1. Book a Free Discovery Call to Learn More
2. Ranching for Profit
3. Ranching.FYI
4. Wally Olson, Olson Ranch LLC

Mentioned in this episode:

We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call.

Book a free discovery call