What contingency plans has FedEx developed and what steps will be taken to implement them?
In addition to FedEx’s normal business contingency plans, the Year 2000 Project Office has defined processes and developed timelines and templates for creating Year 2000-specific contingency plans. The Project Office also assists business divisions in identifying business-critical processes, and the systems and suppliers/affiliates associated with each process. The Project Office further assists the divisions in conducting risk assessments to determine which systems/components require a contingency plan. FedEx’s approach and state of readiness is discussed in further detail in the “Securities and Exchange Commission 10Q Report” section of this document.
