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To: TokyoMex who wrote (18254)6/12/1998 6:40:00 PM
From: John Rowe  Respond to of 31646
 
TM, Well, that sure is simpler than complex discussions about stochiastics and Bollinger bands! I AM loaded up already, so, I sure hope you/we are right!



To: TokyoMex who wrote (18254)6/13/1998 7:44:00 AM
From: John Mansfield  Respond to of 31646
 
June, 1998 Industrial Distribution

ON THE WEB

Tap into the Web for Y2K help

As the channel prepares for the year 2000, the winners will be Y2K-compliant suppliers

Sara Procknow, Editor -ID Online

The countdown has begun for the Year 2000. Are you ready? Are your computer system, software programs and Internet
service provider ready?

By now, you've probably heard about the Year 2000 crisis. For those who aren't aware, computers have been programmed
to abbreviate years from four digits (1998) down to two digits (98). However, when the year 2000 arrives, none of the
programs utilizing this shortcut will be able to differentiate the year 1900 from 2000.

Distributors who have online ordering and e-commerce capabilities are particularly vulnerable to what's being dubbed the
"Millennium Bug." Considering how every electronic order via the Web is dependent on computer-driven dates --
scheduling shipments, expediting orders, making payments -- the computer not knowing if it's 1900 or 2000 could turn out
to be a major problem. E-commerce as we know it could come to a screeching halt.

The big question is this: Can the "glitch" be fixed in time? The answer is yes. The time is now to call software/hardware
providers, including Internet service providers and arrange to be put on the list. Yes, you read correctly, there is a waiting
list at many software/hardware houses to assist customers in their quest for Y2K compliance.

For distributors, this could be an opportunity to shine. ISO-certified suppliers get special "preferred" status among their
manufacturers and customers. Y2K-compliant suppliers will be treated in a similar fashion. If you do not use
Y2K-compliance as a competitive advantage, the distributor down the street will. This is also a great time to update your
computer systems, especially your Web site. In the wake of recent acquisitions, many distributors are using a
miss-match system of computers just to keep their day-to-day operations and Web site in tact. What better motivation
than a deadline?

I know if I was a distributor, my second biggest worry would be about manufacturers' and customers' readiness for the
Year 2000, especially when it comes to online ordering. Can a manufacturer receive and expedite orders for Jan. 1, 2000
off their Web site? Can customers order via the Web, and receive then expedite payment?

The distributor is caught in the middle -- this time it's the Y2K phenomenon. No matter how prepared distributors are, or
how advanced they are in the area of e-commerce, if the manufacturer can't get product through, and the customer can't
pay for it, it won't matter. Look internally at your computers, software and Web site, and survey your partners to ensure
complete compliance through the channel. Don't be the weak link in the supply chain.

According to Purchasing Magazine, buyers are ranking various suppliers, those most critical are given top priority in Y2K
plans. Make sure you're on that list: get online-ordering Y2K compliant and then let customers and key prospects know
you're ready for their orders. Shout it from the rooftops and, most of all, "advertise" your Y2K readiness on your Web site.
..
manufacturing.net