JULY 2020HR TECH OUTLOOK8Today, HP is a leader in Personal Computers, Printing and 3D printing; it is one of the largest companies and most successful brands in the world, with more than $57 Billion in revenue and operations in more than 170 countries worldwide.However, the company still maintains the humbleness and a thirst for innovation that began 80 years ago, when two friends Bill Hewlett and Dave Packard came together and started a company in their garage in Palo Alto, California. The two of them embarked on a new endeavor together, and the innovation and transformation that resulted led their garage to be labeled as the `Birthplace of Silicon Valley'. From operating a drill press in the garage and baking the enamel on products in their home oven, to operating one of the most highly complex and respected supply chains in the world, a lot has changed during the past 80 years. Even more recently, we are going through a massive transformation, moving from a supply chain towards a digital value chain. To sum up HP's business strategy, our near-term focus revolves around two main businesses printers and PCs. Then we have initiatives to drive innovation and growth, like our HP Instant Ink subscription service and device-as-a-service offerings for our printers, and PCs. Finally, we see the future in 3D printing.To put the scale of HP's supply chain into tangibles, far more than 100 million products are delivered each year. That means every single second, the company ships 1.7 PCs, 1 printer, and 15 consumables (think ink or toner cartridges) to customers around the world. Gartner ranks HP's supply chain as #7 in the world, all Barron's ranks HP as #4 ionits 100 Most Sustainable Companies list.While operating such a huge supply chain the need for a significant transformation became obvious. The world and our customers and supply base are moving to digitalize everything. This presents an opportunity for us to challenge ourselves by examining and reinventing everything we do, pushing ourselves and the industry forward by developing industry firsts and bests along the way. While traditionally supply chains focus on key functional steps around planning, procurement, production, order-management and delivery, our vision is to move towards a digital value chain. In this model, the supply chain acts as a control tower and collaboration point in the eco-system, with our customers being both the start and the end points. And of course, a digital transformation must embody state-of-the-art tools, cloud targeting, and the ability to ingest and take dynamic actions based on insights and analytics across a variety of inputs.One of the most common challenges in global logistics networks is real time end-to-end visibility. It is nearly Volker Schmitz, Head of EMEA Supply Chain Operations Xavier Ribas, EMEA Logistics Director, HP Inc. [NYSE: HPQ]ByHP's Transformation Towards a Digital Value ChainXavier RibasIn MyOpinion
<
Page 7 |
Page 9 >