71. The apparel company has undertaken an ambitious strategy to improve profitability by reducing inventories, cutting costs and speeding up the creation of designs. 72. The company also said shipments of Scott tissue products declined as retailers sold existing stock to reduce inventory. 73. The company also said that orders for some components declined as customers worked to reduce inventories. 74. The company has many initiatives, including reducing excess inventory and putting multiple-item orders into a single box, rather than shipping them from separate warehouses. 75. The company blamed the expected earnings decline on increased raw material costs and recent decisions by customers to reduce inventory. 76. The cost-cutting measures include reducing inventories and consolidating computer operations currently run by various divisions. 77. The company also implemented a just-in-time manufacturing process that reduced its inventory significantly and made it easier for the company to change customer orders. 78. The company provided few details, but industry executives believe that the plans will include protracted factory closures to reduce bloated inventories of unsold cars and light trucks. 79. The company wanted to donate some profits to the American Red Cross and reduce excess inventory. 80. The ChryslerCorp., which has been offering big incentives to reduce inventories, set a company record for sales in July, and the General MotorsCorp. |