Kodak 2001 Annual Report Download - page 6
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Please find page 6 of the 2001 Kodak annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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It’s a great feeling, that moment when you not only
grasp the problem, but also see the solution. When
you’re confident that you’ll get it right because you
know what you’re doing.
In business, it means working smarter to deliver better value
and greater profitability. It’s why we feel good about the
improvements we made in manufacturing operations last year.
We reduced inventories by 34%—and increased inventory turns
by 17%. We dramatically shrank the number of products—or
“stock-keeping units”—we offer by focusing on our best-sellers,
and eliminating those that were redundant or no longer in demand.
We also revamped our Kodak online photo services and acquired
Ofoto so that we could meld the best ideas from two of the most
successful online services. Similarly, we customized and co-
branded online services with key retailers such as Kmart, CVS,
Costco and Rite-Aid.
We’re not just developing smarter products, but smarter ways to
create, deliver and use those products. And that will keep us at
the head of the class.