Hewlett Packard Effective Operations Management

Hewlett-Packard Efficiency of a company’s performance to a large extend depends on its operations management. Effective operations management contributes to the development of competitive advantages and achievement of company’s main aim of maximizing profit. According to Panneerselvam (2012), â€Å"operation management is the process which combines and transforms various resources used in operations subsystem of the organization into value added product/services in a controlled manner as per the policies of the organization† (p. 12). Operations management addresses dayto- day issues of inventory and production management, supply chain, procurement, sales planning, outsourcing and other operating questions. Hewlett-Packard has a strong system of operations management which allows the company to hold one of the leading positions in the industry. Company Overview Hewlett-Packard operates in a computer hardware sector. The company has a long history. It was founded in 1939 in United States. The headquarter is situated in Palo Alto, California. Name of the company was made of surnames of its founders - William R. Hewlett and David Packard. First products of the company were low-frequency generators and minicomputers. Nowadays Hewlett-Packard employs about 317 thousands persons. Its annual sales amounted to 112 billion US dollars and profit was a little more than 5 billion US dollars in 2014 (Forbes, 2014). Brand Hewlett-Packard was ranked at 36th place according to Forbes list. TheShow MoreRelatedDistinctive competencies on Starbucks Coffee Company and Hewlett Packard993 Words   |  4 PagesDistinctive competencies on Starbucks Coffee Company and Hewlett Packard a. Starbucks Starbucks is the largest coffeehouse chain in the world with more than 19 thousand stores in over sixty countries. It is headquartered in Seattle, US. 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