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Hewlett-Packard (HP)
Hewlett-Packard (HP)
Industry: Electronics and High Tech
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HP applies new thinking and ideas to offer consumers a spectrum of products, ranging from digital photography to digital entertainment, from computing to home printing.
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Company
With more than 141,000 employees, HP is a world-class technology company that operates in more than 170 countries.
Problem
In a highly competitive industry, HP needed an inventory optimization solution that could analyze and model the key supply chain parameters through a controlled process.
Solution
HP implemented Logility Voyager Inventory Optimization and reduced supply chain planning by 2-3 weeks and arrived at the lowest supply chain total cost when introducing new digital cameras.
Bottom Line
- Realized $50M total savings
- Reduced inventory levels 30%+
- Lowered overall total supply chain costs 5%
- Decreased time-to-market for new products in digital camera product line by 2-3 weeks
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