Authors: YoungWon Park, Paul Hong, JoonHyo Kim, Woosang Hwang
Addresses: Manufacturing Management Research Center, The University of Tokyo, 5th floor Kojima Bld, 7-3-1 Hongo, Bunkyo-ku, Tokyo 113-0033, Japan. ' Information Operations and Technology Management, College of Business and Innovation, The University of Toledo, Ohio, USA. ' Information Technology Center, Hyundai-Kia Motor Company, Korea. ' Information Operations and Technology Management, College of Business and Innovation, The University of Toledo, Ohio, USA
Abstract: With increasing levels of global competition, Korean large firms have been working for the development of overall capabilities of their suppliers. In addition to supportive government policy initiatives, Korean large enterprises have actively pursued a strategic priority of building their healthy supplier base. This paper shows how the Hyundai-Kia Motor Company (HKMC) has strengthened its suppliers by developing product development capabilities, thus enhancing its overall supply chain capabilities. Details of business practices and the implications are discussed.
Keywords: supply chain capabilities; suppliers; supply chain integration; product life cycles; life cycle management; Hyundai-Kia Motor Company; South Korea; automobile industry; global competition; government policies; government initiatives; supportive policies; policy initiatives; large companies; strategic priorities; supplier bases; product development; SCM; supply chain management; global supply chains; globalisation; logistics systems; logistics management.
International Journal of Logistics Systems and Management, 2011 Vol.9 No.2, pp.238 - 250
Available online: 25 Jul 2011 *Full-text access for editors Access for subscribers Purchase this article Comment on this article