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Samsung launches global supply chain solution in Australia

  • 16 June, 2004 09:45

<p>Samsung expects sales increase with the Australian launch of its global supply chain automation solution</p>
<p>Sydney, 16 June 2004: Samsung Electronics Australia has rolled out its Global Samsung Business Network (GSBN) to its customers and partners nationwide.</p>
<p>Samsung's GSBN connects Samsung's facilities and subsidiaries to its customers and trading partners worldwide and will enable huge efficiencies across the supply chain as well as a more collaborative approach. It will reduce stock inventory by 20%, reduce lead times for orders by 30% and provide sales increases annually.</p>
<p>By connecting to its customers and trading partners in this way Samsung is providing a more convenient and effective business environment for them to operate in.</p>
<p>The GSBN consists of a portal that serves multiple purposes. It has central database that allows users to see the how the entire network of Samsung products and components is moving through the system. Core components include:</p>
<p>Information about product offerings
Inventory planning
Order fulfilment and payment
Service and support</p>
<p>"Our strategy in developing the GSBN was to further enhance our support to customers and business partners by providing immediate access to information via a purpose built network. Connecting staff and data across our headquarters, sales subsidiaries, production subsidiaries and business partners globally is a key differentiator for Samsung", said Mr J S Park, managing director, Samsung Australia.</p>
<p>"Flexibility, speed, and reliability along with the capability to distribute our strategic systems to all of our business partners, are key components of our continued success.</p>
<p>"GSBN has also been key to Samsung's shift from a monthly to a weekly production-forecasting cycle, which we're urging our trading partners to emulate," said Mr Park.</p>
<p>The new Samsung network has been rolled out to reseller Tech Pacific in Australia and will be extended to Samsung's other retail partners from July 2004.</p>
<p>Built on a Microsoft Windows Server platform, this browser-based system is simple to use and provides a unique solution to stock control at the touch of a button. The weekly real-time cycle ensures increased accuracy and immediate access to logistics, invoicing and shipping notifications.</p>
<p>-Ends-</p>
<p>About Samsung Electronics</p>
<p>Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2003 parent company sales of US$36.4 billion and net income of US$5.0 billion. Employing approximately 88,000 people in 89 offices in 46 countries, the company consists of six main business units: Corporate Technology Operations, Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips, TFT-LCDs and VCRs. For more information, visit www.samsung.com .</p>
<p>For further information please contact:</p>
<p>Carolyn Owen or Jesse James
Edelman
Tel 9291335 / 3359
Email carolyn.owen@edelman.com / jesse.james@edelman.com</p>

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