7 Supply Chain Transformations at SAMSUNG
Today Samsung Electronics has proven to be one of the most successful global brands to follow. In supply chain management context, they has demonstrated the operational excellence that leads them to the supply chain hall of fame. In this article, we will explain to you how they do it.
Background
"Samsung" in Korean language means "3 stars" or "tri stars". At first, they had a strong root in trading business. Later, they took the diversification strategy and entered the electronic industry by producing the black-and-white TV set. Anyway, the rise of Samsung started when Lee Kun-Hee succeeded his father as the second chairman of the company. During 1990s, he noticed that many Japanese companies who were the leaders in the analog technology hesitated to adopt the digital technology. Then he gradually created transformations that later change the face of the entire industry.
How do they build the superb supply chain management capabilities? We investigate further and find 3 related articles as below,
- The Paradox of Samsung's Rise on Harvard Busienss Review
- Supply chain management six sigma: a management innovation methodology at the Samsung Group on Supply Chain Management: The International Journal
- An Analysis of Sources of Risk in the Consumer Electronics Industry on Journal of the Operational Research Society
Then we analyze these case studies and extract information related to supply chain management which is summarized as below,