LG requires its suppliers to adhere to specific sustainability and supply chain standards, and if a vendor does not meet these criteria, LG will no longer conduct business with them.
Change was difficult for some business units at first, but eventually they saw how switching to the general model could save money and were won over by showing how they could save more.
LG is committed to minimizing environmental impact throughout its product’s life cycle – from raw materials through end-of-life solutions. LG strives to eliminate toxic substances in its manufacturing processes, promote sustainable water and energy use and use alternative and renewable sources of power generation for power production. Furthermore, they aim to increase energy efficiency at their facilities as well as develop technologies to decrease waste production.
The company prioritizes improving its processes and systems to increase supply chain sustainability, such as working with suppliers to develop a code of conduct addressing human rights, labor ethics, social responsibility and CSR evaluations of its supplier base.
As part of its commitment to sustainable development, LG Chem strives for higher quality and reliability across its operations. To do this, it has implemented automated validation methods that streamline verification and approval procedures, eliminating manual inspections. Furthermore, R&D and production teams use machine learning technology to identify problems within production lines while constantly reviewing its processes to increase efficiencies and increase output.
LG was recognized with the SAIC-GM Supply Chain Guarantee Award despite the global semiconductor shortage, thanks to their timely deliveries of key components for General Motors vehicles. This award exemplifies their expertise in risk management that allowed them to meet commitments made to their customers and honor commitments made on time.
LG is working towards sustainability issues in their supply chains by partnering with recycling companies to recycle all televisions produced. This reduces waste production while helping maintain infrastructure required for recycling televisions and electronic devices.
Environmental testing standards and certification programs have also been an area of focus. DHL contracted it to help ensure televisions were safely delivered (Greenbiz Staff, 2017). Furthermore, this company led in developing advanced EV components, winning top awards from both the U.S. EPA and Institute of Scrap Recycling Industries for these efforts.
LG Innotek, an innovative materials and components supplier, has long been trusted by numerous companies as their supplier. Products include core components for mobile phones, automotive electronic parts, camera modules, wireless communication modules and substrate materials. Their business units specialize in electronics display semiconductors IoT manufacturing facilities in US China Japan Korea; LG has won multiple quality awards and is recognized as a global LCD panel producer.
LG Innotek has become widely respected for its excellence and reliability in automotive infotainment and telematics products, including P-OLED automotive displays that enhance human-machine interaction. LG Innotek has also won multiple General Motors Supplier Quality Excellence Awards. LG Innotek now aims to maximize profits by speeding product and customer structure improvements while strengthening global SCM capabilities and creating platform models (versatile products that minimize customization).
LG Innotek Automotive components manufactured in Wroclaw, Poland include DC-DC converters and EVCCs for electric vehicle charging stations and safety and comfort features in vehicles. LG Innotek has been recognized by major global carmakers such as GM Continental Schaeffler as having globally competitive quality; specifically by having won their Supplier Quality Excellence Award five times since 2010.
Quality for this company lies in meeting the rigorous demands of its customers – this includes meeting GM’s stringent quality requirements as one of the world’s premier auto manufacturers. LG Innotek Automotive Components have received the Quality Excellence Award (SQEA) from General Motors (GM) for the EVCC and DC-DC converter it provided to their cars. This achievement stands as evidence of the company’s dedication to quality, which can be seen through their ongoing pursuit of various international certifications and participation in developing industry standards. Attained goals included earning CL3 Certification of Automotive Software Process Improvement and Capability Determination (ASPICE), creating cybersecurity management systems and participating in international standardization regarding autonomous driving standards.
LG stands committed to meeting the diverse needs of its customers with flexible solutions that meet them at every turn. Their wide variety of home appliances, mobile phones, TVs and mobility solutions such as their P-OLED automotive display has significantly advanced vehicle infotainment and human machine interface design for automakers alike.
LG Air Conditioning Technologies provides an impressive array of commercial HVAC systems. Their award-winning VRF Multi V(tm) series provides both ducted and ductless indoor units, Dedicated Outdoor Air System options, cutting edge controls to enable customization of solutions, as well as Wi-Fi enabled indoor units controlled via your customer’s smartphone using LG ThinQ(tm).
Samsung is ramping up OLED production capacity to remain competitive with rival LG in flexible display technology for smartphones. Their investment will enable larger OLED screens that can fold to fit onto phones or watches – possibly offering significant differentiation when designing future devices.
LG Chem is developing advanced materials to increase energy density and costs for lithium-ion batteries, such as OLED. Recently, they unveiled a prototype with 10 times higher cell density compared to current technology that could greatly reduce weight and size for future electric vehicles.
LG is an award-winning global auto supplier known for its flexible solutions and commitment to quality. LG’s strong brand recognition in the US can be seen through their unflappable supply of quality parts to General Motors during pandemic outbreak, without interruption from this challenging period – thus earning LG the Supply Chain Guarantee Award from SAIC-GM joint venture, comprised of General Motors and China’s SAIC Motor.
LG boasts a robust supply chain that enables it to meet customer needs efficiently, while constantly assessing and revising processes to increase efficiency and increase productivity. LG has adopted automation to enhance efficiency across every area from R&D, production, supply chain management and customer support.
LG appliances are among the most trusted in America. A recent evaluation conducted by Consumer Reports identified LG as leading in reliability across four product categories – over-the-range microwaves, ranges, cooktops and washing machines. LG refrigerators ranked within the top 10 nationwide for overall reliability as well. Alongside its comprehensive product lineup, LG prides itself on providing superior customer service while upholding its reputation of quality.
LG, as a global leader in electronics, offers an expansive line of televisions, computer monitors, solar modules, smart appliances and mobile devices. Recognized for their innovation and reliability, the company has earned numerous industry accolades including General Motors (GM)’s Supplier of the Year award. LG Display partnered with LG to develop mobility innovations that address customer needs such as creating the world’s first digital cockpit with P-OLED automotive displays for use on their 2021 Cadillac Escalade vehicle; this groundbreaking technology raises driver experience as well as human-machine interface design to new heights.
LG has prioritized protecting its employees, customers and the general public throughout the COVID-19 pandemic by taking steps such as social distancing, mask wearing and hand washing to address this threat. Furthermore, the company provided customers with refunds or replacements of certain products in order to help them cope during this crisis.
LG Innotek is a trusted partner for major global carmakers when it comes to electric vehicle (EV) components. Their ADAS front camera has earned ISO 26262 technical certification proving they deliver safe, high-quality products to clients.
LG Innotek excelled during JLR’s current semiconductor shortage by continuing to provide their mHEV DC-DC converters without interruption, earning the company’s prestigious supplier Excellence award based on JLR’s Creators’ Code values of Customer Love, Unity and Integrity. They will continue building upon this reputation to position themselves as leading players in the EV components market.
Step-by-step training on how to sell to major retailers
We explain exactly how to do that and how to get started today. I’ve taught tens of thousands of companies on how to get your products to the stores. And so we’re here to support you. Or please subscribe to our Youtube channel and or be on the lookout for additional training that we create.
We are here to expedite the process of making money with your physical products and that’s what we’re all about. Take a look at our advanced training, live events, certification programs and so much more.
In this training, I will discuss some of the things to think about when approaching a retailer to sell your products and become a vendor. Hope it helps! 🙂
Questions? Contact Us!
1-855-Retail-2 (Call or Text)
Retail MBA provides a step-by-step formula on How to Sell to Major Retailers, Online Retailers, Smaller Retailers, Catalogs and More. No Experience Required! These solutions continue to convert for clients year-over-year! These are Time-Tested and Proven Strategies that we utilize ourselves when going after stores! Everything we teach, we test. Want access to these formulas? ANY one of our programs and coaching systems gives you access to them now. With that said…
Here are 4 Easy Ways to Work with Us:
1) Free Training – If You Would Like to Join Our Next FREE Webinar Training Called “Retail Chain Store Secrets – How to Sell to Major Retail Chains. No Experience Required” Then Sign Up NOW To Learn All About Selling into Retail Chains By Clicking Here! https://www.retailmba.com
2) Masterclass Intensives – Want to Join our Next 4 Week Elite Retail MBA Masterclass Intensive? These Intensives Are EPIC for people who Love Fast Paced Learning – Homework, Retail Coaching, Developing Your Strategy, Buyers Contacts and More! These Events Are Held Every Quarter. Join us by Clicking Here: https://www.retailmbabrands.com/masterclass
3) Done-for-You Program – If You Want Karen Waksman and Her Team to Reach Out to Your Top Dream Retail Chains On Your Behalf – And You Have a Retail-Ready Product, Check Out our Epic Done-For-You Service by Clicking Here: https://www.retailmbabrands.com/done
4) In Person Events – If You Want to Learn LIVE and Meet Karen Waksman in Person at Our Next Retail Sellers LIVE Event with Other Like-Minded Individuals in Beautiful San Diego, CA!
We Would LOVE to Have You Join Us by Clicking Here: https://www.americasnextretailproduct.com
Thanks so much.
And…if you like this training, you will love these new short training sessions as well! Click on the links provided to watch and grow your consumer product business TODAY!
Check Out Our Additional Blog Posts Here:
JOANN Fabric and Craft Vendor – How to Sell on JOANN Fabric and Craft and Become a JOANN Fabric and Craft Vendor!
Office Depot Vendor – How to Sell to Office Depot and Become a Office Depot Vendor! Click Here to Learn More!
Hudson’s Bay Vendor – How to Sell on Hudson’s Bay and Become a Hudson’s Bay Vendor!