Multi-National Korean Electronics Manufacturer Leverages GXS Trading
   Grid(R) for EDI and XML-Based Integration with Customers and Suppliers

    SEOUL, Korea and GAITHERSBURG, Md., July 16 /PRNewswire/ -- GXS, a
leading provider of business-to-business (B2B) e-commerce solutions, today
announced that LG Electronics, a global leader and technology innovator in
consumer electronics, home appliances and mobile communications, has chosen
GXS Trading Grid(R) to consolidate and centralize its interactions with
more than 200 global trading partners. The move is part of a broader LG
strategy to reduce complexity in its supply chain operations by
centralizing its geographically- dispersed enterprise resource planning
(ERP) systems in Europe, the United States, South America and Asia-Pacific
at its headquarters in Seoul, South Korea and to centralize its B2B
e-commerce functions onto a unified global platform.

    LG reported revenues of $44B in 2007 from four business units -- Mobile
Communications, Digital Appliances, Digital Display and Digital Media. As a
leader in the highly competitive consumer electronics sector, LG's success
depends upon its ability to coordinate supply chain activities and share
real- time information with a network of contract manufacturers, third
party logistics providers and consumer electronics retailers around the
world. GXS Trading Grid supports a broad range of e-commerce standards
(e.g., EDI, XML, KEDIFACT, RosettaNet and AS2) and extensive global reach
throughout Asia, Europe and the Americas. Consolidation of B2B transactions
onto a single vendor, GXS, provides LG's IT organization with centralized
operations in Korea to support its trading partners based in more than 70
countries.

    "Since 2001 GXS has consistently provided LG Electronics with reliable
and effective B2B integration services," said SunYoung (Sarah) Oh,
assistant manager, Information Strategy Team of LG Electronics. "As we've
grown as a company in the last 50 years, so has the complexity of our
supply chain. Reducing that complexity was as important to our company as
ensuring global integration capabilities and increasing real-time
visibility into our trading partner network. GXS is the only B2B
integration vendor we have found that can easily support all three of these
initiatives."

    Prior to consolidating with GXS, LG Electronics used multiple B2B e-
commerce providers that were managed independently by local B2B centers
distributed around the world. The use of multiple vendors led to duplicate
processes and inconsistent capabilities, complicating LG's efforts to
manage its trading partner network. Furthermore, the company was slow to
respond to trading partner needs and incurred higher costs because of
duplicate traffic and an inability to leverage its total transaction volume
to reduce its overall B2B e-commerce costs.

    "Through its move to consolidate its ERP systems and B2B networks, LG
is standing as an example of how a truly global company can operate
efficiently and effectively," said Raymond Teh, vice president of Asia
Pacific for GXS, "Many companies operate in geographic silos when it comes
to their trading partner networks and as a result, they have no idea of the
scope of their networks and cannot gain real-time visibility into
activities. The consolidation of LG's ERP systems will give the company a
competitive advantage in the marketplace. As a global B2B provider with a
local presence in Korea and throughout Asia Pacific, GXS is well positioned
to help other multi-national corporations based in Asia, and anywhere in
the world, consolidate their B2B e-commerce networks."

    GXS Trading Grid is a global B2B e-commerce and integration platform
that supports the creation and adoption of on-demand supply chain
management solutions for companies of any size. As the world's largest
electronic business community, GXS Trading Grid is used by more than 30,000
customers to exchange goods and services, gain visibility into global
logistics operations and to synchronize product data. Trading Grid helps
customers automate global trading communities by shielding complexity from
rapidly changing standards, eliminating manual and duplicative processes
and enabling the highest levels of B2B integration and collaboration.

    About LG Electronics

    Established in 1958, LG Electronics, Inc. (LG) is a global leader and
technology innovator in consumer electronics, home appliances and mobile
communications, employing more than 82,000 people working in over 114
operations including 82 subsidiaries around the world. With 2007 global
sales of USD 44 billion, LG is comprised of four business units - Mobile
Communications, Digital Appliance, Digital Display and Digital Media. LG is
the world's leading producer of Mobile handsets, air conditioners, front-
loading washing machines, optical storage products, DVD players, flat panel
TVs and home theater systems.

    About GXS

    GXS is a leading global provider of B2B e-commerce solutions that
simplify and enhance business process integration and collaboration among
trading partners. Organizations worldwide, including more than 70 percent
of the Fortune 500, leverage the on-demand services on GXS Trading Grid(R)
to extend supply chain networks, optimize product launches, automate
warehouse receiving, manage electronic payments and gain supply chain
visibility. GXS Managed Services, GXS' B2B outsourcing solution, empowers
customers with the expertise, technical infrastructure and program support
to conduct B2B e- commerce with trading partners globally.

Source  :  prnewswire.com