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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: C.K. Houston who wrote (1452)4/13/1998 12:53:00 PM
From: C.K. Houston  Read Replies (2) | Respond to of 9818
 
Y2K RIPPLE EFFECT

Call it the Y2K ripple effect. As companies become more reliant on EDI (electronic data interchange), electronic commerce and other electronic transactions for dealing with key partners and suppliers, they're increasingly at risk if those partners botch their own Y2K projects. At best, companies such as Visa could find themselves dealing with transactions and data files containing corrupted date fields. At worst, they could find critical suppliers and partners shut down, unable to take orders, ship products or process transactions.

Consequently many IT managers are casting a critical eye on the supply chain, examining their business partners' Y2K efforts. While many companies, so far, have done little more than mail letters asking partners where their Y2K efforts stand, others are getting more aggressive ....

BankBoston, for example, is ready to let vendors know it will sever a relationship if the supplier puts the bank at risk....

GOOD ARTICLE

zdnet.com



To: C.K. Houston who wrote (1452)4/16/1998 11:18:00 AM
From: C.K. Houston  Read Replies (1) | Respond to of 9818
 
Merrill to cut off firms with Year 2000 problems
Message 4080497