LG is a South Korean electronics company established in 1958 with headquarters in Seoul and assembly facilities in Korea, China, Poland and Mexico. LG set up its primary manufacturing facility in India in 1997 near Delhi and has two other facilities in Pune and Dehradun. LG's supply chain involves planning, sourcing, procurement, conversion, logistics and management of suppliers, intermediaries and third party services. Forecasting is done twice monthly to inform inventory levels and production planning. LG also engages in e-retailing and has a separate service channel for parts and repairs.
3. PLANNING AND MANAGEMENT CHANNEL PARTNER
SOURCING
PROCUMENT
CONVERSION
LOGISTICS
MANAGEMENT
SUPPLIERS
INTERMIDIARIES
THIRD PARTY
SERVICES
4. South Korean multinational electronics company
Established in October, 1958 .
Headquartered in Seoul.
Assembly facilities in Korea, China, Poland
and Mexico.
5. Primary manufacturing facility at Greater Noida,
near Delhi, in 1997.
Two other manufacturing facilities
Region of Pune and Dehradun.
Excise free zones (EFZ’s)
Procurement of Supplies and Materials for
production is done by the purchase department
6. The annual forecasts are further disaggregated into
forecasts that are carried out twice a month (15 days
basis).
On the basis of which inventories are maintained and
further production levels are maintained.
LG also indulges in e-retailing as an alternative channel
LG also has a separate channel for services and spares
