“In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.”
I developed the RightStock (Figure 4.1) inventory strategy model as a part of our RightChain framework to help professionals work through the financial, service, and operational complexities of inventory decision making. The model is based on 30-plus years of consulting, research, and development in inventory and supply chain strategy.
Figure 4.1 RightStock inventory model
RightStock is quantitative, logical, and methodical. It is not a philosophy unless you call not having a philosophy a philosophy, ...