88. The 5-Part Inventory System Every Rancher Should Be Using

In this episode, John Haskell sits down with Wally Olson to revisit the classic inventory triangle of money, feed or grass, and livestock, and expand it into a five-part system by adding time and people. Together, they discuss why these two additions matter and how thinking in terms of a full inventory framework can improve flexibility, risk management, and profitability.From maintaining cash reserves and grass ahead of you to investing in people and managing livestock to build lighter, younger inventory, this conversation offers a practical lens for evaluating your ranch business every day.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:The evolution from the inventory triangle to a five-part systemWhy time is a limited resource and how turnover impacts cash flowThe importance of investing in people and building a strong networkMaintaining cash and grass reserves to manage riskManaging livestock age, weight, and value within your inventory frameworkConnect with Wally:Check out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call.Book a free discovery call