Global expansion and supply chain integration: case study of Korean firms

YoungWon Park, JeWheon Oh and Takahiro Fujimoto

International Journal of Procurement Management, 2012, vol. 5, issue 4, 470-485

Abstract: As global firms expand their business into emerging markets, supply chain integration has been crucial interests in recent years. This study examines global expansion and supply chain integration of Korean firms through the case studies of LG Electronics, LG Display and Hyundai-Kia Motor Company. The characteristics of the global production system of LG Electronics and Hyundai-Kia Motor Company can be summarised into two aspects - the implementation of the global standard production system (GSPS) and expansion of global businesses through cluster-based supply chain integration (CBSCI). Implications from our case study are provided, along with avenues for future research.

Keywords: global expansion; supply chain integration; Korea; global standard production system; GSPS; cluster-based supply chains; supply chain management; SCM; emerging markets; globalisation; global production. (search for similar items in EconPapers)
Date: 2012
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