Friday, September 6, 2013

Gartner picks Samsung as top Asian supply chain

Global research firm Gartner recently published its 2013 ranking of highest performing supply chain organizations in the Asia Pacific, placing Samsung Electronics in first place and Lenovo in second.

"To improve long-term supply chain stability, we see many organizations investing significant resources in re-evaluating their supply network, developing lean manufacturing practices and creating multitier supply chain visibility," said Debashis Tarafdar, Gartner research director. "As supply chains increasingly become a key differentiator and an enabler of business growth, talent acquisition and retention assumed high priority as well."

Tarafdar noted that most organizations adopted either a hybrid or local leadership model that effectively addresses the cultural differences between various countries.

Samsung remained in the lead in the Asia Pacific, and moved up five slots in the worldwide ranking from No. 13 to No. 8. The company achieved first place in 2012 for smartphone and overall mobile phone sales worldwide. The company's advanced and highly integrated supply chain spans product, process and people, a key reason for Samsung's success, according to Gartner.

Lenovo moved up two spots from 2012, backed by strong revenue growth and inventory turns. It also improved its global ranking by 23 spots, ranking at No. 20 for 2013. Lenovo's hybrid supply chain model demonstrates advanced segmentation and supply chain analytic capabilities, Gartner says, which helped the company to reduce costs while significantly improving delivery performance.

The remainder of Gartner's top ten supply chain organizations for 2013, in order of ranking, are Haier, Hyundai Motor, Tata Motors, Toyota Motor, Flextronics, Honda Motor, Cannon and LG.

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