Samsung tops list of 25 major supply chain companies in Asia Pacific

NEW DELHI: Korean electronics majorSamsung has been ranked at the top in IT research firm Gartner's list of 25 major performing supply chain organisations in Asia Pacific region. 

Chinese PC and mobile devices maker
Lenovo bagged the second position, backed by impressive revenue growth and inventory turns, Gartner said. 

Homegrown auto major Tata Motors has been placed at the fifth place in list of top performing supply chain organisations headquartered in Asia Pacific. 

Besides, five new companies -- Haier,
Flextronics, Honda Motor, Canon and LG Electronics -- entered the top 10 in 2013, the research firm said. Electronics companyHaier was placed at the third position while Korean auto maker Hyundai was at fourth place in the list. 

"Despite some key challenges, supply chain leaders in Asia Pacific demonstrated commitment to demand-driven excellence," Gartner said. 

According to Gartner, more organisations from Asia Pacific will strive to dominate the world stage by creating a demand-driven global value network with local execution capabilities. 

In the global rankings, Samsung improved its position by five slots to No 8 position. On the other hand, Lenovo improved its global ranking by 23 spots, placing the organisation at No 20 for 2013. 

On Samsung, Gartner said, "With a vision of gaining competitive advantage through product and process excellence, it 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, it said. 

Lenovo's hybrid supply chain model demonstrates advanced segmentation and supply chain analytic capabilities, which helped the company to reduce costs while significantly improving delivery performance.