Unified platform: LG Electronics links up with GXS for global ERP support; B2B consolidation
By Manufacturing Business Technology Staff -- Manufacturing Business Technology, 7/21/2008 12:00:00 AM
LG Electronics, a global leader and technology innovator in consumer electronics, home appliances and mobile communications, has chosen GXS Trading Grid to consolidate and centralize its interactions with more than 200 global trading partners. The move is part of a broader LG strategy to reduce complexity in its supply chain operations by centralizing its geographically dispersed ERP systems in Europe, the U.S., South America, and Asia-Pacific at its headquarters in Seoul, and to centralize its B2B e-commerce functions onto a unified global platform.
LG reported revenues of $44B in 2007 from four business units: Mobile Communications, Digital Appliances, Digital Display, and Digital Media. As a leader in the highly competitive consumer electronics sector, LG’s success depends upon its ability to coordinate supply chain activities and share real-time information with a network of contract manufacturers, 3PLs, and consumer electronics retailers around the world. GXS Trading Grid supports e-commerce standards—e.g., EDI, XML, KEDIFACT, RosettaNet and AS2—with global reach throughout Asia, Europe, and the Americas.
Consolidation of B2B transactions onto a single vendor gives LG's IT organization centralized operations in Korea to support its trading partners in more than 70 countries.
“Since 2001 GXS has consistently provided LG Electronics with reliable and effective B2B integration services,” says SunYoung (Sarah) Oh, assistant manager, Information Strategy Team, LG Electronics. “As we’ve grown as a company in the last 50 years, so has the complexity of our supply chain. Reducing that complexity was as important to our company as ensuring global integration capabilities and increasing real-time visibility into our trading partner network. GXS is the only B2B integration vendor we have found that can easily support all three of these initiatives.”
