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Author: TMFSpirit Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 38  
Subject: Earnings Danger at Grainger Date: 1/8/2000 4:52 PM
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Good afternoon,

Yesterday writing for our Fool Plate Special Brian Grany (TMF Panic) wrote an article about Grainger's earning warning that you may want to read.

(snip)

" Substantial problems with the new ERP system led to
transaction processing slowdowns and outages, a killer for a business that relies on providing commercial customers with the goods whenever they need them. In the end, Grainger ended up conducting a physical count of its inventory, a costly, labor-intensive move and no small undertaking for a company that sells 81,000 kinds of maintenance, repair, and operating (MRO) products from more than 1,000 different manufacturers. The costs drove operating expenses higher, wiping out any benefits the firm may have received from strong sales growth in December, which was driven in part by an expanding Internet business. "

Click on the following link to read full story: http://www.fool.com/news/foolplate/foolplate.htm

You can also click on the news link above to read the company's press release.

Spirit

PS: If any of you are new to the message boards, welcome to The Motley Fool...If you need, help try going to our Fool school at: http://www.Fool.com/school.htm and read the 13 steps to Investing, Investing Basics, How to get out of Debt, How to buy a House or Car and much more.






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