Henry Ford：My Life and Work, Additional Excerpt 270

We discovered, after a little experimenting, that freight service could be improved sufficiently to reduce the cycle of manufacture from twenty-two to fourteen days. That is, raw material could be bought, manufactured, and the finished product put into the hands of the distributor in (roughly) 33 per cent. less time than before. We had been carrying an inventory of around $60,000,000 to insure uninterrupted production. Cutting down the time one third released $20,000,000, or $1,200,000 a year in interest. Counting the finished inventory, we saved approximately $8,000,000 more--that is, we were able to release $28,000,000 in capital and save the interest on that sum.

Source： https://www.gutenberg.org/ebooks/7213
Locator：Additional excerpt 270 · Verified：2026-10-19 · Verification：Short excerpt

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