Word: computerizes
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Though initial transportation costs are often much higher than rail or truck, the savings in time, warehousing, handling, inventory and other costs more than make up the difference in many cases. American turned Armour & Co.'s pharmaceutical division into a regular customer by showing it how to reduce costs...
Preliminary plans call for a 40,000 square foot building near the Harvard College Observatory. In addition to complete office and laboratory space, the project would house a new high-speed IBM 709 digital computer, a faster model than the one now used by Smithsonian to track earth satellites.
Many a U.S. corporation has met with equal disaster. A Midwestern auto supplier planned a highly automated plant to make auto frames. But he did not allow sufficient lead time to get out all the bugs. The automated equipment was out of line, would not pass the parts along, and...
Many companies, dazzled by the glamour of automation, have leaped into it before looking at costs or determining whether they really need to automate. "Some managements," says Automation Expert John Diebold, president of John Diebold & Associates, "are so eager to buy the hardware that they will unconsciously overlook some of...
Too many managements consider the computer an overgrown adding machine, thus often assign it to the wrong people, who frequently have no knowledge of the complexities of business to which a computer could be applied. "Almost all computers," says Albert Sperry, president of Panellit, Inc., whose business is making automation...