LAHORE (PR) - LG Electronics (LG) has made history by becoming the first Asian company to be honoured with the ISM R. Gene Richter Award for Leadership and Innovation in Supply Management. This is also the first time the award has gone to only one winner since the award was first established in 2006. The Institute for Supply Management (lSM), the largest supply management institute in the world, has been honoring excellence in innovative supply management since 2006. The Richter Awards recognises organisations for best practice in the categories of people, process, technology, sustaihability, and organization/structure category.