[Inventory is measured by] the money the system invests in purchasing things the system intends to sell. - Eliyahu M. Goldratt

Maybe I should start with a question,” he says. “Do you agree that inventory is a liability?” “Of course, everybody knows that. And even if we didn’t know it, the last few months have shown to what extent inventory is a liability.

Actually, the flow should be a tiny bit less than the demand.

You’re right,” I say. And then, “It’s a little odd to call the market or the system of material release a bottleneck. Why don’t we change the word, to . . .” “Constraint?” Stacey suggests. We correct it on the board. Then we just sit there admiring our work.