HP Answers Call for Lower Costs, Faster Order Turnaround On Its Best-selling PC Models.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Feb. 2, 1998-- New Program for Corporate and Small-business Customers Leads Sweeping PC-distribution Re-engineering Effort Hewlett-Packard Company, the world's third-largest PC vendor(1), today launched a new distribution initiative aimed at slashing slash·ing adj. 1. Bitingly critical or satiric: slashing wit. 2. Dashing; pelting: a slashing hailstorm. 3. costs and improving availability and delivery time on the company's fastest-selling commercial and small-business PC models. HP's new TopValue program, set for full rollout this month, will utilize flexible fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. capabilities -- including electronic links that enable daily supply/demand monitoring with its distribution partners -- to ensure that customers receive high-demand PCs incorporating the latest technologies faster and at lower price points than previously achievable. HP initially designated 17 of the most popular configurations in its HP Brio The HP Brio is a computer line made by Hewlett-Packard. Models: (X is a variable for models 71-85)
"We've found that a select number of models in our product families increasingly make up a very high percentage of our total PC shipments," said Larry Chang, worldwide manager for HP's PC-distribution programs. "This program enables our partners to make these hot-selling models available to customers when they want them and at the most competitive prices available." The TopValue program is part of HP's Extended Solutions Partnership Program (ESPP See Employee Stock Purchase Plan. ), a sweeping supply-chain efficiency effort that HP expects to reshape the way all its PC products are designed, configured con·fig·ure tr.v. con·fig·ured, con·fig·ur·ing, con·fig·ures To design, arrange, set up, or shape with a view to specific applications or uses: , ordered and distributed in the future. ESPP includes several channel-focused initiatives HP expects to launch this year that combine HP's strengths in high-volume, low-cost manufacturing and global-procurement reach with the channel's expertise in custom configuration, integration and services. Based on the highly responsive feedback from its channel partners, HP has been working actively to increase the total number of configurations designated as TopValue models available through the program. In coming months, HP expects to add TopValue models from its HP NetServer network server and OmniBook notebook PC lines. More than 15 leading U.S. distributors are expected to have TopValue models in stock this month. HP said each qualified partner has met a rigorous set of guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. to participate in the program. ABOUT HP HP is the official information-technology hardware and maintenance supplier to the 1998 World Cup soccer tournament. Hewlett-Packard Company is a leading global provider of computing computing - computer , Internet and intranet solutions, services, communications products and measurement solutions, all of which are recognized for excellence in quality and support. HP has 121,900 employees and had revenue of $42.9 billion in its 1997 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com. -0- (1) Dataquest, Jan. 23, 1998, Worldwide Unit Shipments -- Fourth Quarter 1997 CONTACT: Hewlett-Packard Larry Sennett, 408/553-2916 larry_sennett@hp.com or Andrea Bell, 408/553-7620 andrea_bell@hp.com |
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