Lenovo Listed Among Gartner’s Top 25 Supply Chains Worldwide

  Lenovo Listed Among Gartner’s Top 25 Supply Chains Worldwide

     Company’s significant operational improvement is key to rapid growth

Business Wire

RESEARCH TRIANGLE PARK, N.C. -- June 7, 2013

Lenovo (HKSE: 0992) (PINK SHEETS: LNVGY) has been included in Gartner, Inc.’s
2013 Supply Chain Top 25^1, an elite annual list that encompasses some of the
world’s leading brands in the retail, manufacturing and distribution sectors.
Ranked number 20, Lenovo attributes this latest public recognition to
improvements in its operations that helped the company outperform its industry
for four consecutive years, while expanding rapidly to become the world’s
second largest PC supplier.

“Building a world-class supply chain has been critical to our rapid growth in
PCs, and will be equally important to win in the broader market for smart
connected devices such as smartphones and tablets,” said Gerry Smith, the
former head of Lenovo’s Global Supply Chain and now president, Lenovo
Americas. “We believe our entry into Gartner’s well-respected Supply Chain Top
25 is clear proof that Lenovo has established the strong operational
foundation necessary to keep expanding our business and raising the bar on
customer experience.

“Over the past seven years, we’ve steadily improved our cost structure,
delivery and cash management, while investing in our own in-house
manufacturing capabilities to put Lenovo in a very competitive position, all
of which contributed to our success,” he added.

Since 2006, Lenovo has orchestrated a dramatic transformation of its supply
chain to improve speed, flexibility and efficiency. During this period, it cut
end-to-end costs by over 50%, improved product delivery performance by 167%,
increased asset utilization by 10% and maintained industry-leading product
quality. All of these improvements were achieved while the company more than
doubled its unit shipments and broadened its product portfolio.

Gartner, one of the world’s leading information technology research and
advisory firms, announced the 2013 Supply Chain Top 25 rankings recently at
its annual Supply Chain Executive Conference in Phoenix, Arizona.

Now in its ninth year, the Gartner Top 25 Supply Chain is an in-depth study of
the operational performance and practices of companies in the retail,
distribution and manufacturing sectors. In addition to Lenovo, this year’s
rankings included iconic brands such as McDonald’s, Amazon.com, Proctor &
Gamble, Coca-Cola, Colgate-Palmolive, Wal-Mart, Nike, Starbucks and Ford,
among others.

About Lenovo

Lenovo (HKSE: 0992) (PINK SHEETS: LNVGY) is a US$34 billion personal
technology company – one of the top two PC makers in the world and an emerging
PC Plus leader – serving customers in more than 160 countries. Dedicated to
exceptionally engineered PCs and mobile internet devices, Lenovo’s business is
built on product innovation, a highly-efficient global supply chain and strong
strategic execution. Formed by Lenovo Group’s acquisition of the former IBM
Personal Computing Division, the Company develops, manufactures and markets
reliable, high-quality, secure and easy-to-use technology products and
services. Its product lines include legendary Think-branded commercial PCs and
Idea-branded consumer PCs, as well as servers, workstations, and a family of
mobile internet devices, including tablets and smart phones. Lenovo, a global
Fortune 500 company, has major research centers in Yamato, Japan; Beijing,
Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more
information see www.lenovo.com.

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only
those vendors with the highest ratings. Gartner research publications consist
of the opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose

^1 The Gartner Supply Chain Top 25 for 2013, Published: 22 May 2013; Authors:
Debra Hofman, Stan Aronow, Kimberly Nilles

Contact:

Lenovo
Ray Gorman, +1 919-257-6325
rgorman@lenovo.com
 
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