1. Introduction
1.1. LG Electronics Inc.
‘LG Electronics Inc.’was founded in 1958 under the name of‘Goldstar Inc.’,. ‘LG Electronics Inc.’ has been growing as the one of the best electronics company with a new slogan‘The First Class, LG’.
However, LG Electronics Inc. has a difficult time now in the mobile phone business by growth of smartphone market. The gap of market share b
support Nokia’s manufacturing by orders. When Nokia take an order, it immediately begins manufacturing after components are delivered by the suppliers. The manufacturing process only takes 24 hours. By reducing the supply chains, Nokia could respond to demands rapidly and increase the production efficiency.
Effective Inventory Strategy
By unifying all information from manufacturers and suppli
public company
Employs over 20,000 people, sales topped
$8 billion.
Luxury brand power and Portfolio
New product development capability
Marketing power supported from head office
Expensive cost in products
The limited distribution channel to department store
Increase in luxury cosm
Thus, our team decided to study about cosmetic market in China. We found that foreign companies like L’Oreal, Procter & Gamble Co and Shiseido have large portion of the China’s cosmetics market share while Korean companies have little portion of that. However, Korean beauty products also have high quality and Chinese people are favorable to Korean products. In other words, it is hard to under
Summary
This report is the review of UNIQLO, a leading casual apparel retailer in the world. UNIQLO is known for its high quality, fashionable clothes and affordable price. This report will discuss the reasons behind UNIQLO’s success, popularity and how it makes use of Information Technologies to compete among its competitors. This report is to examine the organization structure, value chain a