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e MECMicron
GE Micro Electronics
Center
1st Quarter 2003
Volume 3, Number 1
GE wins VHSIC Pioneer Award
The VHSIC Pioneer
Award was given by
the U.S. government
to companies
that for more than
a decade have
pursued Very High
Speed IC research,
and whose early
contributions gave
momentum and
direction to the
government’s
VHSIC effort. GE
was one of the ten
Newsletter Mastheads, continued 251.05
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companies recognized
as a VHSIC
Pioneer.
“GE and it’s
employees have
made significant
contributions to
these achievements
and to (VHSIC)
e HQnews
program’s success,”
said Ronald Kerber,
Deputy Under Secretary
of Defense
for Research and
Technology.
The VHSIC Pioneer
Award was
given by the U.S.
government to
companies that for
more than a
decade have pursued
Very High
Speed IC research,
and whose early
contributions gave
momentum and
direction to the
government’s
VHSIC effort.
2002: GE’s best year for inventory control
MEC interviews DefenseScience Editor
Companywide, GE ended 2002 with 153 days of Efforts expanding
inventory – capping a year in which inventory fell Looking ahead in 2003, Al Butler, manager of
-in-Chief on future of everybody’s future
in each quarter, compared with 2001.
The year-end figure was 11 days below yearend
2001 and repre-
“Function such
as purchasing and
inventory are
critical to success.”
sented another “best
ever” performance
for the company.
As of December 31,
2001, GE inventory
totaled $8.3 billion –
down more than
$1.1 billion during
the year.
For the year, 78% of the Company operation
Al Butler
components increased their turnover. This
improvement represents a $960 million inventory
avoidance for the fourth quarter.
Examples are shown at a reduced size.
Fairfield, Connecticut / Volume 98-12 / April 11, 2003
Logistics Systems, Corporate Engineering and
Manufacturing in Bridgeport, says the Corporate
Inventory Counsel will continue to emphasizes
manufacturing cycle reduction, but will
expand its scope to include total business cycle
reduction.
Butler notes that business-level inventory
council members will be working to improve
their effectiveness by seeking more multifunctional
involvement in inventory improvement.
Functions such as purchasing, engineering and
marketing are critical to overall inventory success,
Butler points out.
The corporate Inventory Council was organized
in 2001 to lead the Company through its
analysis of then-current inventory practices.
GE Identity Program 251, Newsletters GE Identity Website: www.ge.com/identity