Joining me today is Ciara Stockeland. She is a fractional CFO focusing on inventory-based businesses. She has a podcast called Inventory Genius along with a book by the same name. She also has a new book called Profit Genius that is out soon. Today we're going to demystify inventory. All about inventory, how it works in your financials, why it's so important to find resources and people who understand it and how you can strategize around it.
Inventory
Resiliency
Profitability
Financials
Because every decision, every choice, everything that's sitting on that strategic plan, every product line that we bring in, it is all tied at some point in multiple places all the way down the chain. Michele Williams
It's a hard skill, but learning how to edit in your business, how to slow down, that all comes from really understanding what the numbers mean so that you know what you should be focusing on. Ciara Stockeland
I think that was a lesson for us too, that you can do it all right, and have things go wrong. There's not a direct cause and effect between right and wrong. But what could we have done differently? Michele Williams
Every mess can be cleaned up, every problem can be solved. So even if they feel like it's all out of control, like, we can fix it, it might take some time and some money, but it can be fixed. Ciara Stockeland
Facebook: Scarlet Thread Consulting
Instagram: @ScarletThreadATL
Website: ScarletThreadConsulting.com
LinkedIn: Michele Williams
Email: hello@ciarastockeland.com
Instagram: https://www.instagram.com/inventorygenius/
Instagram: @ciarastockeland
Website: www.ciaraastockeland.com
LinkedIn: @ciarastockeland
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Inventory Genius podcast
Inventory Genius by Ciara Stockeland
Profit Genius by Ciara Stockeland
Scarlet Thread Origin Story podcast