You can't have perfect resilience and maximum efficiency at the same time. Instead of just stockpiling inventory, manage your cash conversion cycle by adjusting how long you hold inventory, how fast you collect payments, and how you spend on capital. That's how you build a supply chain that actually works.
So I, I believe in the concept of antifragile supply chain. Now, we cannot make the supply chain resilient and at the same time efficient. Now, that if it's a publicly limited company and we are responsible to our shareholders as well as answerable to our customers, we have to be very clear that this business model will not work, that unlimited DIO or inventory will not work. So we have to ensure that our supply chain is resilient, and I think most companies have transformed their supply chain, uh, to resiliency. And one of the tools we did not discuss here is the portfolio. CIO is only one tool. There is DPO, there is DSO, there is CapEx management. So I think we have to move to the concept of cash conversion cycle rather than only inventory management.
