Word: leaner
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Dates: during 1980-1989
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With interest rates high and sales projections dismal throughout virtually all of American industry, few businessmen seem eager to start hastily rebuilding their stocks to former levels. Instead, more and more firms are studying ways to hold down costs and operate with leaner inventories...
...rolled steel to ingots, sheet metal, cable and wire, are neither too large nor too small for projected demand. Says Albert E. Martz, a general manager for Jones & Laughlin Steel Corp. of Pittsburgh (1981 sales: $4.7 billion): "As a result of higher interest rates, we are trying to run leaner and operate closer to the bone. Now we maintain less inventory in order to accomplish the same thing...
...matter, neither the auto industry nor business in general is ever likely to do away with inventories entirely. Indeed, some inventory stockpiles are necessary to prevent unexpected supply interruptions from turning into crippling production bottlenecks that can spread havoc throughout the economy. But computers now permit companies to maintain leaner inventories, and this more precise business management should eventually reduce costly overhead charges and increase profits. -By Christopher Byron...
...thereby raise needed operating capital, fund new ventures and enrich writers' wallets. But Fat City is rapidly becoming as legendary as the Land of Oz. According to New York Publishing Consultant Leonard Shatzkin, author of the forthcoming analysis of U.S. publishing, In Cold Type, the times get leaner by the month: 1977 paperback-reprint rights, for example, "contributed approximately 60% of total subsidiary-rights income to publishers. That went down to 37% in 1980. I see it going down close to 0% in the next few years...
While Americans may seem younger, feel healthier and slimmer, the passion for muscularity reverberates in the country's collective unconscious. More than waistlines may be getting leaner. In fact, the glorification of the body, the absorption with physical beauty, the passion for youthfulness and health that are now part of everyday American life at home and on the job, are transforming the nation's character, like...