Manufacturing sector leads continuing productivity growth
By Staff -- Modern Materials Handling, 4/1/1998
Once again, U.S. productivity figures for 1997 indicate that the manufacturing sector led all others, with a gain of 4.4% for the year. This represents the fourth consecutive year of increasing growth in productivity, and is evidence that investments in new equipment and processes are paying off. The winners of this year's Productivity Achievement Awards certainly understand the importance of such investments.During the past 18 years, productivity in the U.S. manufacturing sector increased by an average annual rate of 2.8%. Last year's 4.4% gain was the highest annual improvement in manufacturing productivity since 1986
As they have in the past, members of our Editorial Advisory Board based evaluations of the candidates for the Productivity Achievement Awards on the following criteria: (1) Customer service as practiced both internally and externally. (2) The capability to respond quickly to changing market conditions. (3) The flexibility to alter operations in order to respond to unplanned events. (4) The ability to deliver consistently the right item to the right destination at the right time. (5) A clearly demonstrated ability to improve overall operations.
The candidates included all the companies that were profiled in feature articles that appeared in Modern Materials Handling during calendar year 1997. We are happy to announce the winners of this year's Productivity Achievement Awards:
Manufacturing Excellence
Hewlett-Packard
Inkjet Business Unit
Corvalis, Ore.
Warehousing Excellence
Revlon Corp.
Phoenix Site Distribution Center
Phoenix, Ariz.
Distribution Excellence
Walt Disney World Resort
Orlando, Fla.
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