Word: computerize
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Dates: during 1970-1979
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Unbeknown to the shopper, the check-out computer also logs each outgoing item against inventory in the store or a centralized warehouse, warning the manager when he must reorder and thus greatly reducing the frequency of the "Sorry, we're sold out" dirge. Obviously, the consumer benefits from computerized marketing. So does the store. Since supermarkets operate on a profit margin of about 2% or less, the savings can be crucial...
No one took to the computer more eagerly or saw its usefulness more quickly than the businessman. Now, 24 years after General Electric became the first company to acquire a computer, these versatile machines have become the galley slaves of capitalism. Without them, the nation's banks would be...
In fact, the ravenous and growing appetite of U.S. companies for data-processing machines and control devices accounted for a major portion of last year's $41 billion computer business. Only 15 years ago, IBM was for all practical purposes the computer industry. But the explosive rise in demand...
Now the arrival of the miracle chip has given a further boost to an already vital industry. Far from rendering the big computer obsolete, the miracle chip has opened the way for the design of custom-made supercomputers more powerful than any thing dreamed possible a few years ago. At...
Among the 50 or so companies producing the versatile little devices are some of the nation's largest electronics and computer firms- IBM, Motorola and Texas Instruments, where Computer Scientist Jack Kilby pioneered in developing the integrated circuit, the predecessor of the chip. Also included are a host of...