LG looks for a global supply chain management system
Filed in archive News by ehsan on August 06, 2008

According to Korea Times, the world's No. 3 flat-screen TV and No. 4 handset maker, is determined to implement a global supply chain planning system in place to achieve its goals.
A general benchmark with U.S.-based Hewlett-Packard has showed that LG can increase the productivity by 10 percent by cutting inventory levels and lead times, and to check the current status of product shipments in real-time.
Analysts say LG is on the right track for a better supply system. But they urge the company to present more detailed strategies as LG's supply-chain management is in its initial stage.
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