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HBI » Topics » The integration of our information technology systems is complex, and delays or problems with this integration may cause serious disruption or harm to our business.These excerpts taken from the HBI 10-K filed Feb 19, 2008. The
integration of our information technology systems is complex,
and delays or problems with this integration may cause serious
disruption or harm to our business.
As we continue to consolidate our operations, we are in the
process of integrating currently unrelated information
technology systems across our company, which has resulted in
operational inefficiencies and in some cases increased our
costs. This process involves the replacement of eight
independent systems environments running on different technology
platforms so that our business functions are served by fewer
platforms. We are subject to the risk that we will not be able
to absorb the level of systems change, commit the necessary
resources or focus the management attention necessary for the
implementation to succeed. Many
Table of Contents
key strategic initiatives of major business functions, such as
our supply chain and our finance operations, depend on advanced
capabilities enabled by the new systems and if we fail to
properly execute or if we miss critical deadlines in the
implementation of this initiative, we could experience serious
disruption and harm to our business.
The integration of our information technology systems is complex, and delays or problems with this integration may cause serious disruption or harm to our business. As we continue to consolidate our operations, we are in the process of integrating currently unrelated information technology systems across our company, which has resulted in operational inefficiencies and in some cases increased our costs. This process involves the replacement of eight independent systems environments running on different technology platforms so that our business functions are served by fewer platforms. We are subject to the risk that we will not be able to absorb the level of systems change, commit the necessary resources or focus the management attention necessary for the implementation to succeed. Many
Table of Contentskey strategic initiatives of major business functions, such as our supply chain and our finance operations, depend on advanced capabilities enabled by the new systems and if we fail to properly execute or if we miss critical deadlines in the implementation of this initiative, we could experience serious disruption and harm to our business. | EXCERPTS ON THIS PAGE:
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