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Presentation on LG

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LG

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Presentation on LG

  1. 1. Satya kishore
  2. 2.  The company was originally established in 1958 as Goldstar, producing radios, TVs, refrigerators, washing machines, and air conditioners.  The L.G group was a merger of two Korean companies Lucky and Goldstar.  Is the second largest producer of television and third largest producer of mobile phones.
  3. 3.  LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG Electronics, South Korea was established in January, 1997 after clearance from the Foreign Investment Promotion Board (FIPB).  LG set up a state-of-the art manufacturing facility at Greater Noida, near Delhi, in 1998, with an investment of Rs 500 Crores  In 2004, LGEIL also setup its second Greenfield manufacturing unit in Pune, Maharashtra
  4. 4. Industry Consumer electronics Home appliances Telecoms equipment Founded 1958 Headquarter Seoul, South Korea Area served Worldwide Key people Bon-joon Koo (Vice Chairman and CEO) Revenue US$ 48.976 billion (2011) Net income US$ -423.9 million (2011)
  5. 5. Computer monitors Flash memory Televisions Smartphone's Tablets Mobile phones DVD players Home Cinema systems Movie projectors Laptops Refrigerators Washing machines Vacuum cleaners, Air conditioners
  6. 6. ENERGY ELECTRICITY RUNNING OF ALL UTILITY EQUIPMENT RUNNING OF PRODUCTION EQUPMENT GENERAL LIGHTING FUEL FOR PRODUCING ELECTRICITY . FOR HEATING AND PAINT SHOP BURNER FOR HOT WATER GENERATION COMPRESSED AIR FOR DRYING OPERATIONS FOR COOLING OPERATIONS FOR RUNNIG OF TOOLS AND EQUIPMENT WATER FOR PROCESS REQUIREMENT FOR DRINKING PURPOSE
  7. 7. Before Status :To dry the Components in Shell washing machine earlier 60 KW Electrical heater were used .Running Cost / Day:Appx Rs 4,000 Running Cost/Month: Appx. Rs 1,04,000 After Status:Two Propane fired Burner Has been Installed to Serve the same Purpose Running Cost/Day: Appx. Rs.1,675 Investment :Appx. Rs. 6,00,000 Running Cost / Month:Appx. Rs. 43,550 Savings / Month:Appx. Rs.60,450
  8. 8. Before Status :To dry the Components in Paint Shop oven Diesel Fired Burner was Used . Running Cost / Day:Appx Rs 44,640 Running Cost/Month: Appx. Rs 12,49,920 After Status:Two Propane fired Burner Has been Installed to Serve the same Purpose Running Cost/Day: Appx. Rs.31,250 Running Cost / Month:Appx. Rs. 875,000 Savings / Month:Appx. Rs.375,000
  9. 9. Before Status : To Pre Heat the Case of Ref. Earlier 100 KW heater were used. Running Cost / Day:Appx Rs 6,000 Running Cost/Month: Appx. Rs 156,000 After Status:Now Propane fired Burner is doing the same Job. Running Cost/Day: Appx. Rs.2150 Investment :Appx. Rs. 650,000 Running Cost / Month:Appx. Rs. 55,000 Savings / Month:Appx. Rs.100,000
  10. 10. Control decisions.
  11. 11.  Six Sigma seeks to improve the quality of process outputs in manufacturing and buisness processes  Uses a set of quality management methods, including statistical methods  Creates a special infrastructure of people within the organization.
  12. 12.  Perceive and Improve the Customer Satisfaction for Product Quality through survey  Customer Survey from 10 Major cities  Survey by QA based on : 1. Random sample 2. Questionnaire  Feedback to other deptts.  Monthly review with Top management
  13. 13. I.S.O. 14001 I.S.O.14001 / OHSAS 18001
  14. 14. I.S.O.14001 / OHSAS 18001 OHSAS 18001
  15. 15.  ISO 14001 is a standard developed by the International Organization for Standardization (ISO)  It establishes environmental management system (EMS) requirements for organizations of all types and sizes.  OHSAS (Occupational Health and Safety Assessment Series) 18001 is a standard for implementing a safety management system (SMS).
  16. 16. o Regional channel and wide distribution network  Most raw materials are bought from suppliers within India  At the retail level, LG uses a combination of exclusive LG showrooms as well as Multi-brand outlets (MBO’s)  LG also indulges in e-retailing as an alternative channel through its website www.lgezbuy.com  LG also has a separate channel for services and spares  Procurement of supplies and materials for production is done by the purchase department
  17. 17.  LG Electronics, a global leader in consumer electronics and home appliances, has won the 2012 Most Trusted Brand Award as the most trusted home appliance brand in Nigeria.  “Best Innovation” awards for LG’s Blast Chiller refrigerator technology and Turbo Wash.  “Best of the Year” awards for LG home entertainment and home appliance innovations.  Leading the HDTV category for 2012, LG home entertainment products earned three awards: the “Best 3D TV” (model LM9600), “Best LCD TV” (model LM7600) and “Best Mid-Range LCD” (model LM6200).

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