Sorry if this was already posted, but I saw this blurb in the December Baseline Magazine and thought it justice:
FORD ESTIMATED LOSS ON INSTALLING AN ELECTRONIC PURCHASING SYSTEM = $220 MILLION When Ford Motor Co. launched a procurement system dubbed Everest in 2000, the game plan was simple: exchange information on orders, accounts receivable and inventory status with suppliers electronically. The sysem, based on Oracle 11i e-commerce software, was announced in 1999 - and dismantled in August 2004 after many suppliers decided against adopting the system. "We evaluated it and decided to transition back to our current legacy systems," says Paul Wood, Ford's manger for global purchasing and information-technology public affairs. AMR Research's Mixer estimates the auto giant spent about $220 million over four years on Everest, and pulled the plug when it realized more heavy investment - nearly as much as its first installment - was needed. The big issue: Ford's suppliers were already tied to the automaker's systems via electronic data interchange applications and didn't see a benefit in changing to Everest. As Mixer explains: "It's a case of new technology gaining over business value." ___________________________________________________________________ Speed up your surfing with Juno SpeedBand. Now includes pop-up blocker! Only $14.95/month -visit http://www.juno.com/surf to sign up today! . Please use the following Message Identifiers as your subject prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> Access the list online at: http://groups.yahoo.com/group/EDI-L Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/EDI-L/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
