LG Electronics Enhances Manufacturing Competitiveness by Sharing Best Practices Among Partners

Vietnam Haiphong Corporation Holds 'Productivity Improvement Best Practices' Sharing Session for Overseas Partner Companies

LG Electronics has taken steps to strengthen manufacturing competitiveness by discussing best practices for productivity improvement and implementation plans with its overseas partner companies.

On the 2nd, LG Electronics announced that it held a 'Productivity Improvement Best Practices' sharing session with overseas partner companies at its Hai Phong subsidiary in Vietnam. The purpose was to discover and share excellent cases of manufacturing process improvements by partners to enhance manufacturing competitiveness. LG Electronics' Hai Phong subsidiary in Vietnam is a complex manufacturing corporation producing automotive components, washing machines, refrigerators, and vacuum cleaners, with seven partner companies jointly operating there.

LG Electronics held a "Productivity Improvement Best Practices" sharing session on the 27th of last month at its Haiphong subsidiary in Vietnam with overseas partner companies. Wang Cheol-min, Executive Vice President and Head of LG Electronics Global Operation Center (ninth from the left in the first row in the photo), along with representatives of overseas partner companies and subsidiary heads, are taking a commemorative photo together.

The event was attended by 68 people, including Wang Cheol-min, Executive Vice President and Head of LG Electronics' Global Operations Center, Baek Chan, Senior Vice President and Head of the Vietnam subsidiary, and representatives and heads of 28 partner companies operating together in Asian regions such as Vietnam, Thailand, China, and India. During the productivity improvement best practices sharing session, six overseas partner companies shared cases of automation and digital transformation (DX) initiatives across various areas including production, quality, and ESG.

LG Electronics also conducted production line tours at three of the partner companies introduced as best practice cases, allowing partners to directly observe the sites of productivity improvement excellence. Additionally, a horizontal deployment discussion was held with partner companies to ensure that the best practices were applied by each partner company and translated into tangible results.

Since 2013, LG Electronics has held productivity improvement best practices sharing sessions with domestic and overseas partners. The overseas partner productivity improvement best practices sharing sessions were suspended from 2020 due to COVID-19 but resumed this year. Wang Cheol-min, Executive Vice President and Head of LG Electronics' Global Operations Center, emphasized, “By mutually sharing productivity improvement best practices among partner companies, we will actively support overseas partners in securing manufacturing competitiveness at the highest industry level.”

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