[Post-Corona Strategy] LS Moves Enterprise Resource Planning System to Cloud

An Automated Guided Vehicle (AGV) is transporting finished electronic contactor products at the LS Electric Cheongju Smart Factory.

[Asia Economy Reporter Ki-min Lee] LS Group is preparing a mid- to long-term plan to migrate key group systems such as the enterprise resource planning system (ERP) to the cloud, along with establishing a permanent remote work system to prepare for the post-COVID-19 era.

First, the group plans to invest hundreds of billions of won over the next five years in cloud technology to establish a digital operation system that can apply the same IT environment not only domestically but globally. Additionally, it aims to accelerate digital transformation as a future preparation strategy and research and development (R&D) to transform into a digital company. To this end, Koo Ja-eun, chairman of LS Mtron, leads the group’s future innovation team, promoting digital transformation tasks underway at each affiliate and spreading Agile management techniques to drive the digital future strategy.

LS Cable & System is taking the lead in the wire and cable industry by actively promoting an inventory management system using the Internet of Things (IoT). This system can reduce the shipping time and effort for thousands of products and prevent theft incidents during transportation.

LS Electric has also established and operates a "smart factory" at its Cheongju plant, where all lines including parts supply, assembly, testing, and packaging are automated. The creation of the smart factory has nearly tripled the daily production volume of 38 low-voltage equipment product lines. LS ELECTRIC is supporting the Agricultural and Fisheries Cooperation Foundation with 3 billion won this year and providing customized solutions to lead the spread of smart factories among domestic small and medium-sized enterprises.

LS-Nikko Copper is promoting the smart factory system ODS (Onsan Digital Smelter), which connects the entire production process of the Onsan smelter via communication for automatic processing. The Onsan smelter, which ranks second in the world in production volume, is planned to become the first global smelter in the refining industry equipped not only with production efficiency and stability but also environmental protection functions and safety. In addition, LS Mtron has applied digital transformation technologies such as real-time production information monitoring systems and computerized maintenance management systems (CMMS) to build a smart factory foundation and maximize production efficiency.

This content was produced with the assistance of AI translation services.