These days, manufacturers need a whole new dictionary to understand all the latest trends preached and proselytized by the gurus of management. "Asset redeployment" or "optimalization" have come to replace "downsizing" or "re-engineering" as terms that denote a plan (ideally) that usually shifts jobs or "labor" off the balance sheet.
Ben Miyares is editor and publisher of the newsletter Packaging Management. He may be reached at 31408 Narragansett Lane, Bay Village, OH 44140. Telephone: 440/892-0998; Fax: 440/892-0208; e-mail: email@example.com.