| https://www.computerworld.com/article/2533563/it-project-man... > In 1993, FoxMeyer Drugs was the fourth largest distributor of pharmaceuticals in the U.S., worth $5 billion. In an attempt to increase efficiency, FoxMeyer purchased an SAP system and a warehouse automation system and hired Andersen Consulting to integrate and implement the two in what was supposed to be a $35 million project. By 1996, the company was bankrupt; it was eventually sold to a competitor for a mere $80 million. > In 1998, two years after filing for bankruptcy, FoxMeyer sued Andersen and SAP for $500 million each, claiming it had paid twice the estimate to get the system in a quarter of the intended sites. The suits were settled and/or dismissed in 2004. https://www.computerworld.com/article/2533563/it-project-man... > Installed in 2003, the system promptly ran into what were then described as "horrendous" barcode-reading errors. Regardless, in 2005 the company claimed the system was operating as intended. Two years later, the entire project was scrapped, and Sainsbury's wrote off £150 million in IT costs. (That's $265,335,000 calculated by today's exchange rate, enough to buy a lot of groceries.) Target's failed expansion to Canada makes for a fun read, too: http://www.canadianbusiness.com/the-last-days-of-target-cana... |