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To: Mohan Marette who wrote (137612)7/25/1999 3:45:00 PM
From: J. D. Main  Respond to of 176387
 
ALL...The Japanese are trying, but can't do what Dell does best----->

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Japanese Electronics Makers Lag U.S. in Turnover, Nikkei Says


Tokyo, July 25 (Bloomberg) -- Major Japanese electronics makers have made little progress in improving their inventory turnover compared with their U.S. counterparts, the Nihon Keizai newspaper reported, citing its own survey. Hitachi Ltd., Toshiba Corp., Mitsubishi Electric Corp., NEC Corp. and Fujitsu Ltd. cut the time required between procurement of raw materials and product shipment through to sales between fiscal 1990 and 1998 by an average of about 7 percent, while five major U.S. companies, including Intel Corp., Dell Computer Corp. and General Electric Co., cut theirs by half on average. Toshiba reduced its turnover time to 69 days from 80 days, for example, while Dell slashed its turnover to five days in 1998 from 52 days in 1990, the report said.

Japan's major electronics stores sold a total of 216.7 billion yen ($1.84 billion) worth of merchandise in June, up 11.2 percent on the year, the Japan Electrical Large Stores Association said last Friday. (Nihon Keizai, 7/25, front page) (www.nikkei.co.jp)
NYSE/AMEX delayed 20 min.

Ya gotta love it!.....J.D.