Huttig Lean Manufacturing Initiative
Huttig Building Products reports net loss of $9.8 million for the 2008 first quarter compared to a net loss of $3.4 million in the corresponding year ago quarter. Net sales also declined by 25%, as the company adjusts its business strategy to seek efficiencies and conserve capital through lean methods. ...
Via Huttig Building Products: First Quarter 2008 Results
... "Looking ahead, Huttig is implementing a LEAN manufacturing initiative to identify additional opportunities to improve production and operational efficiencies. The Company is also intensifying its efforts to sell slower moving inventory to free up capital and reduce debt. " ...
Via Huttig Building Products: First Quarter 2008 Results
Labels: earnings-decrease, efficiency, huttig-building-products, initiative, lean-manufacturing, lean-methods, operational-efficiency
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posted by Frank M at 8:23 PM
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