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Dealing with Damage

  • Kenneth B. Ackerman

Abstract

Losses from accidental damage, casualty or pilferage are not only costly to industry, but can easily wipe out the productivity gains made elsewhere in the company. Loss and damage in the distribution system is a major source of waste in American industry today. And there is no indication that this waste is declining. The following national statistics should stimulate your interest in loss control:
  1. 1.

    “ . . . As much as 3 percent to 5 percent of all products handled are damaged”;

     
  2. 2.

    “ . . . The costs of property damage range from 5 to 50 times the cost of personal injuries”;

     
  3. 3.

    “ . . . Product theft and pilferage costs have been estimated to exceed $160 billion per year”;

     
  4. 4.

    “ . . . Vandalism and arson lead to losses in excess of $600 million per year”;

     
  5. 5.

    “ . . . More than 40 percent of businesses having fires do not resume operation and of those that do, 60 percent go out of business within one year of reopening.”1

     

Keywords

Damage Control Damage Case Order Picking Damage Product Inventory Investment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 1.
    J.A. Tomkins and Prof. John A. White, Facilities-Planning, John Wiley & Sons, Inc., 1980.Google Scholar
  2. 2.
    Distribution Warehouse Cost Digest, Vol. 15, No. 1. Marketing Publications, Inc., Silver Spring, MD.Google Scholar
  3. 3.
  4. 4.
    From Volume I, No. 1 of Warehousing Forum, ©The Ackerman Company.Google Scholar
  5. 5.
    Prof. John A. White, “Yale Management Guide to Productivity,” Industrial Truck Division of Eaton, Yale & Towne.Google Scholar

Copyright information

© Springer Science+Business Media New York 1990

Authors and Affiliations

  • Kenneth B. Ackerman

There are no affiliations available

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