Buying Ahead can be a Big Mistake | Lean Built - Manufacturing Freedom E26
About this episode
Jay and Andrew discusses Andrew's new company truck (which he bought in the least lean environment possible), how buying ahead to appease short-term tax write-offs can be a long-term bad investment, avoiding long term accounts receivable, cash flow vs cash position, trusting employees with their own credit cards, same day shipping and package tracking, and how prototyping is not necessarily lean.
They also begin a conversation on what they want to improve in 2024 as they look back on 2023, which will continue in next episode.
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