Samsung Electronics has been named the best supply chain headquartered in Asia Pacific by Gartner.
The company “saw a strong financial return through its Galaxy line of mobile devices” and became the world’s largest provider of smartphones, overtaking Apple, according to Gartner.
It added: “The vertically integrated South Korean manufacturer has also created a programme for talent rotation between its headquarters and the regional offices to train supply chain talents on a wider variety of issues, cultural differences, and various market characteristics.”
Lenovo Group took the second spot because of its growth strategy of looking beyond laptops and desktop systems. Gartner said that the company has also “scaled up a corporate analytics centre of excellence, supporting its supply chain, sales and marketing, and business units”.
Toyota moved up three places to third in the annual study, scoring better on financial parameters and improving on peer votes. “Focusing efforts to address a series of recalls in 2013, Toyota is working to improve interfunction communication, introducing new and better systems to collect and analyse supply chain data, and building flexibility in its production methods,” said Gartner.
Gartner research director James Lisica said that Asia Pacific supply chain leaders continue to create “agile and lean supply chains capable of dealing with regional challenges”.
He added: “We have observed some key themes across most industry segments that include building customer-centric supply chains, aligning to local markets while still serving global customers, strengthening risk management processes, improving cross functional communication, driving operational excellence to achieve fiscal discipline and prioritising talent management programmes.”
Gartner’s top 10 supply chains headquartered in Asia Pacific are: