Salt Lake Telegram | 1922-04-12 | Page 3 | Expert Submits some Saving Plans

EXPERT SUBMITS SOI SAVING PLANS Says Manufacturers Must Conduct Business Scientifically AKRON. O., April 12. Flvn Mlllon dollars a year producton costs can be saved American manufacturers. Industrial Indus-trial leaders and employers of labor ' through scientific analysis Industrial Indus-trial operations and standardisation of operating methods, Colonol Banford K. Thompson, consulting engineer of I Itoston, told members' of the Akron Engineering aoclety iast night Ieclsrlng that the day of "hit and miss factory operations" iiad gone. Colonel Thompeon said industry today must be looked upon as a science rather Lhan a trade. ".Manufacturers can save money hy reducing the unit cost of labor through Increased unit production, through greater plant efficiency and through greater collective labor efficiency. Colonel Thompaon said. Colonel Thompaon was a member of President Harding's unemployment conference commission a member of Secretary Hoover'a national committee commit-tee on the elimination of waate.