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Article: Quick Response saves by slashing stocks. (includes interview with Roger Milliken)
- Article from:
- Modern Materials Handling
- Article date:
- May 1, 1989
CopyrightCOPYRIGHT 1989 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INVENTORY MANAGEMENT Quick Response saves by slashing stocks Bar codes and electronic data interchange team up to cut inventories and shorten lead times for big cost savings.
"Quick Response is a revolution not an evolution. You either move ahead by using it or lag behind your competitors." With those comments, Roger Milliken, chairman and CEO of textile manufacturer Milliken & Co., opened the Quick Response 89 seminar and show in Dallas.
Milliken points out that in less than 3 years, Quick Response has become a major strategy, with just-in-time overtones, that links textile and apparel manufacturers with retailers. Companies using Quick Response ...