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Buying Ahead can be a Big Mistake | Lean Built - Manufacturing Freedom E26

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Manage episode 393977340 series 3512552
Content provided by Andrew Henry and Jay Pierson, Henry Holsters, and Pierson Workholding. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Henry and Jay Pierson, Henry Holsters, and Pierson Workholding or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

  continue reading

56 episodes

Artwork
iconShare
 
Manage episode 393977340 series 3512552
Content provided by Andrew Henry and Jay Pierson, Henry Holsters, and Pierson Workholding. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Henry and Jay Pierson, Henry Holsters, and Pierson Workholding or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

  continue reading

56 episodes

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