Halliburton

ABSTRACT

This report has focused on Halliburton, which is one of the leading oil field companies in oil and gas industries. The main focus of this report was on the supply chain and operation management of the company. Total quality management system of the company has been discussed throughout the report while also taking products and services of the organization. Halliburton offers a wide range of services throughout the world while integrating the technological advancements in delivery, materials, tool design, drilling and evaluation etc.

Halliburton

Introduction

Halliburton is an American company providing services to the oil and gas industry. The company produces equipment for the drilling of wells, makes maintenance of pipelines, tank farms, and develops IT solutions for the industry. The company is functioning with approximately 100,000 employees around the world, in all continents, and in more than 70 countries. The company was founded in 1919 by a young and unemployed Earl Palmer Halliburton, by renting a truck, a few bulls and pump. After that Earl hired a team of workers and built a wooden cementing mixer (Bivins, 2002). With it he started with his oil business in Duncan. The company has its operation in more than 100 countries.

Discussion

Physical, Locational, Exchange, Physiological, Psychological or Informational Transformation Process

Major business segments of Halliburton include the Energy Services Group (ESG). This business segment is involved in providing technical products and services for natural gas and petroleum production and exploration. Halliburton is one of the world's leading providers to the oil and gas industries, throughout several years; Halliburton has maintained an unyielding reputation with its ability to deliver facilitation and value to the overall reservoir of oil and gas. The company has two main divisions, HESG its service group and HKBR, its construction and engineering group. The company is involved in delivering and integrating large amount of products and services. Such services have a broad range that includes refining and conversion, maintenance, exploration and development, production operations, abandonment and infrastructure. With the purpose of handling the requirements of HESG and HKBR, the business of the company needs to have highly effective management of operation and capability of adopting the ever changing conditions of the business (Briody, 2004). However, some years back due to head to head competition, in accordance with the old information management system and major processes which were being done manually before were making it difficult for the company to continue with its unique level efficiency to serve its customers. Therefore, Halliburton decided to energize its operation by having a deal with IBM. The company did so because production planning was becoming costly, time-consuming, and cumbersome and was resulting in excessive inventory and limited information of capacity. The business solution provided by IBM, facilitated Halliburton in the reduction of cycle time, increase in responsiveness and flexibility and speed of delivery time (Dawson & Jennifer, 2009).

TQM-Total Quality Management System of the Organization's Operations

The quality management system of Halliburton is an integral part of management systems of Halliburton. Halliburton Management System is the foundation for business and business management. It is single, integrated tool to identify organizational strategies, ...