The model stock plan

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Monograph

Identifikator:: 1820833348

URN:: urn:nbn:de:zbw-retromon-210730

Document type:: Monograph

Author:: Filene, Edward A. http://d-nb.info/gnd/123562244

Title:: The model stock plan

Place of publication:: New York

Publisher:: McGraw-Hill Book Company

Year of publication:: 1930

Scope:: xiv, 253 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XIV. Helping producers eliminate waste

Collection:: Economics Books

HELPING PRODUCERS ELIMINATE WASTE 199 able amounts they save together in this way, each can increase his own total profits far more than he can by dealing in the spirit of old-fashioned horse traders. Moreover, these waste-saved profits are not made at the expense of either. It is possible to attain such great economies because the whole current system of making and selling goods is per- meated with needless wastes. A comparatively small number of manufacturers have grown very large and very prosperous because, through scientific mass production, they have succeeded in eliminating the most flagrant wastes. But the bulk of the manufacturing is still predominantly wasteful. So is the bulk of the selling. Much of this waste arises from the unscientific, unstudied, unorganized mer- chandising of retailers whom the manufacturers serve; retailers who operate on opinion and tradition instead of on a fact method such as the Model Stock Plan. Most of the manufacturers who have attained the greatest success in mass production have done so because they are men of exceptional fact-finding ability; they have used their ability to the utmost in overcoming, often against distribu-~ tors’ active opposition, the many obstacles in their paths. The average manufacturer has a very difficult task in trying to do the best job single handed in the face of wasteful prac- tices by his distributors. Under the Model Stock Plan we can help the producer make the most progress in this direction, to our own profit; for we can help free him to concentrate more of his attention on his manufacturing. Using this plan we shall give him more large orders and fewer small orders, thus helping him get for himself and us the great benefits of mass production. We shall help him reduce largely his factory overhead per unit of output; help him increase the stability of employment that he offers his workers and, therefore, enable him to obtain and hold the very best grade of labor available to him; help him eliminate much of the guesswork from his raw material buying, through giving him extraordinarily early our decisions on the materials that will best suit our

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