Lecture (WK5)

Lecture (WK5) - Lecture (WK5) Supply Chain Perspectives...

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Lecture (WK5) Supply Chain Perspectives
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Hello Again Class - Toward the turn of the century many firms realized dates embedded in their information systems were not in a format to accommodate numbers for the new century. Many systems used dates with only two digits for the year. The year 1998 was shown as 98 with the 1900 assumed. This became a problem when 1900 and 2000 were both to be used in the same system. Since information systems supported most critical organization processes this design failure would significantly impact operations management. The year 2000 was given the name Y2K where 'Y' is for 'year' and 2K is information technology slang for 2000. Y2K budgets were set aside to correct the information system deficiencies. Then organizations realized that correcting their own information deficiencies were not enough. Associated organizations - such as vendors and distributors - must also reduce the operations risk posed by the systems design. The concept of a supply chain became the basis for planning their Y2K preparations. This is an example of
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This note was uploaded on 08/25/2011 for the course MGMT 375 taught by Professor Martinbrennan during the Summer '10 term at Park.

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Lecture (WK5) - Lecture (WK5) Supply Chain Perspectives...

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