Immediately need links to articles about corporate stockpiling : LUSENET : TimeBomb 2000 (Y2000) : One Thread

I immediately need links to articles about corporate stockpiling. Or articles.

Thank you.

Best regards, Stan Faryna

-- Stan Faryna (, July 29, 1999


-- Linkmeister (, July 29, 1999.

contingency plans

-- (here@ya.go), July 29, 1999.

This is from testimony by the rep. for Philip Morris.  Mr. Kevin Click, Director of Worldwide Y2K Corporate Compliance Efforts

One of the most basic contingencies involves stockpiling additional levels of raw materials and finished goods. For example, in Europe we are increasing our inventory of coffee and cocoa beans by an additional three weeks. In our Asian tobacco businesses, we will be adding one month of incremental finished goods safety stock throughout the region. In some cases, we are moving additional finished products through the supply chain, staging inventory as close to the final consumer as possible. In other instances, documented work-around procedures have been developed. For example, in many Latin American countries we have agreed to deliver standard weekly orders to customers in the event the order-taking process breaks down.

Our North American businesses are not heavily reliant on foreign suppliers. However, one major exposure is imported coffee beans. To address this issue, Kraft Foods plans to hold an additional two to four weeks supply of coffee beans on shore in the fourth quarter of this year.

-- Brian (, July 30, 1999.

Actions Speak Louder Than Words, Michael Hyatt

"According to a report issued by the Cranfield School of Management(The Sunday Times, June 13, 1999) 60 percent of British corporations are already stockpiling raw materials and finished goods out of fear of Y2K-related supply interruptions. My guess is that a similar percentage of U.S. companies are doing the same."

-- mabel (, July 30, 1999. 22year+2000% 22+bug*+glitch*+y2k&sv=IS&lk=noframes&col=NX&kt=A&ak=news1486

-- Linkmeister (, July 30, 1999.

A snip from the last link I posted:


While nearly half of those surveyed said they had no plan to build extra inventories of supplies and product by year-end, nearly two in five expected to have as much as four weeks of extra stock on hand.

More than one-third said their customers were asking them to increase stockpiles, the poll said. Sixty-five percent of respondents represented companies with 1,000 or more employees and 73 percent were said to operate globally.


-- Linkmeister (, July 30, 1999.

Thanks, people. I really appreciate your help and hope to explain my urgent request to you in a few weeks.

Sincerely, Stan Faryna

-- Stan Faryna (, July 30, 1999.

What did that take, less than an hour?

But I thought "the forum was dying" (ROTFLMAO)... <:)=

-- Sysman (, July 30, 1999.

-- Puddintame (, July 30, 1999.

I have seen various asssertions that Xerox plans to do some stockpiling; this is one link that I was able to find quickly:

Also, I have seen assertions that in Japan a six month stockpile of petroleum is anticipated. In the course of trying to track down a source for those assertions, I came across the following:

which indicates that stockpiling of several months of petroleum in Japan is a usual practice. It would seem that extending it to six months would not be as remarkable as it seemed when first I noticed such reports.


-- Jerry B (, July 30, 1999.

Looking at the expectations of prices for the next few months seems to suggest that stockpiling may be something to talk about to reassure people, but nothing is really happening now in terms of any increased demand on the international marketplace. My guess is that stockpiling is not going to happen (like people aren't going to prep) until x. Myself, I'd like to know what x is or if it will ever come! (laughing)

Sincerely, Stan Faryna

-- Stan Faryna (, July 31, 1999.

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