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Video case study - LG moves away from mass production

Jim Riley

26th January 2009

A simply fantastic video clip explains how consumer products giant LG is moving to smarter, more flexible manufacturing processes as part of its strategy to address the substantial downturn in demand for consumer electronics. Great footage of the production process; excellent examples of quality assurance and relevant too for students learning about why reducing stocks (working capital) is important in managing cash flow. High recommended.

Download student worksheet (pdf) and video link

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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