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This allowed the company to make a profit, if it managed to rationalize operations.
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As a result, some banks across the world are carrying out rationalizations into operations hubs; often technology and operations are co-located, which could create excellent opportunities for Ireland to benefit from this and offer a base for newly rationalized operations.
Corus was created in 1999 by merging British Steel and Royal Hoogovens of the Netherlands, two major steel makers struggling to cut costs and rationalize their operations.
"Unions are responding more aggressively than before to the threats posed by businesses seeking to rationalize their operations amid changing global conditions," Mr. Kim said.
The reports author, analyst Maki Hanatate, concluded that the three companies would need to continue rationalize their operations and regularly introduce new products to stay competitive, on top of focusing their developmental resources in product areas that have competitive advantages and strong growth potential.
"They will have to rationalize their own operations to make themselves accountable for those dollars they are getting".
Farah immediately set out to rationalize Lauren's operations.
In 1998 Folz began to rationalize the entire assembly operation by introducing a cost-cutting strategy.
The developed model is further used to simulate long-term durability experiments during different stages of operation, thereby helping to rationalize microstructural and chemical changes observed in post-mortem analysis.
Augustsson, then 41, had big plans to rationalize SKF's work force and expand operations in the U.S. and in emerging markets such as Central Europe and China.
'Rational selection' proposes to rationalize therapeutic choices.
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