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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Stuart Schreiber who wrote (18504)6/16/1998 4:38:00 PM
From: Mama Bear  Respond to of 31646
 
To all who have pointed me in the direction of knowledge concerning TAVA and what it is doing, thank you.

Barb



To: Stuart Schreiber who wrote (18504)6/16/1998 4:59:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 31646
 
'...Manufacturers are vulnerable to the Year 2000 problem because they operate on long timelines. Imagine the business risks of a make-to-order manufacturer that reviews an order for a customized generator based on available capacity. When the user checks inventory levels for a specific valve, however, the system indicates the level is zero. Or, the system may show that enough valves are in stock to last until 1902. Skewed inventory levels and date discrepancies will be caused by a non-compliant system, and the company will lose the sale, even though in reality, the physical inventory was available. In another instance, what if a pharmaceutical or health care manufacturer processed products with expiration dates in the past instead of correct dates extending into 2000? The result isn't a computer failure; it's an inability to do business.

Although most manufacturers are aware of the seriousness of 2000, many fail to comprehend the magnitude of the problem. Surprisingly, many companies have not yet addressed the issue and downplay its scope, relegating it to an information technology (IT) project, similar to installing new software. To address the problem successfully, managers should not consider the millennium bug as a technical problem, but think of it in terms of the overall business risks involved.

...

manufacturingsystems.com