Case : Li & Fung Limited Ans#1- Li & Fung Limited is a global trading group. A company would like to use the supply chain management services of Li & Fung because it manages the supply chain for high volume‚ time sensitive consumer goods‚ delivering the right location. It focuses on providing a one- stop shop service through a network of 69 sourcing offices in 40 countries. Company would prefer Li & Fung rather than organising in-house department or appointing a senior manager
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LI & FUNG By SUJITHA VATTIKONDA (57) PGDM-IB Submitted to: PROF.C.P.JOSHI K.J. Somaiya Institute of Management Studies and Research Mumbai ` Q1. Explain briefly Li & Fung’s business model today. Comment on the sources of its competitive advantage. Is it sustainable? Why? Li & Fung: Li& Fung was founded in 1906
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Introduction 3 Case I.1 Li & Fung (A): Internet Issues “I’m not an Internet guy‚ I’m a business guy‚” quipped William Fung‚ managing director of Li & Fung Trading Co. Clad in his chinos and black American Eagle T-shirt‚ Fung looked much more like a new economy entrepreneur than the selfdescribed offline‚ “old economy relic”: “I’m 51‚ I’m more than a grey hair in Internet terms‚ I’m a fossil.”1 Nor did lifung.com‚ his elder brother Victor’s new online company‚ resemble a typical Internet start-up
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Analysis of Li & Fung Case Logistics and transportation Name: Mei Jin Student No. 2011954440 1 Logistics and transportation Mei Jin 2011954440 ECOM-ICOM Analysis of Li & Fung Case Background Founded in 1906 in Guangzhou by Victor Fung ’s grandfather‚ Li & Fung was the first Chinese-owned export trading company in China at that time. From the traditional export trade companies to large modern multinational supply chain Management Corporation; this 106-year old company witnessed
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Introduction Li & Fung is a listed company in Hong Kong‚ therefore it should comply with the relevant regulation‚ e.g. Listing Rules‚ HK Companies Ordinance and Hong Kong Financial Reporting Standards. Now we are going to discuss whether the information provided in its interim reports for the period ended 30 June 2010 is comply with the relevant regulation and sufficient to enable investors to make investment decisions. Management Discussion & Analysis In this aspect‚ basically the disclosure
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Executive Summary Li & Fung is a long-standing Hong Kong based company that that has evolved from an export trading company to a coordinator of value-added services across the entire supply chain in a global‚ open manufacturing environment. They assess the clients’ product and delivery needs and orchestrate supply‚ manufacture and delivery in a very tailored and specialized way (Claremont Conversation Online‚ 2008). In the prevailing business environment‚ it has not been cost effective to trade
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Li & Fung STRATEGY CASE- 3 HIMANI GUPTA ROLL No. 15 PGDM-IB 4/1/2011 (Q1) Explain briefly Li & Fung’s business model today. Comment on the sources of its competitive advantage. Is it sustainable? Why? Business Strategy Li & Fung uses the holistic supply chain management (SCM) strategy to benefit their clients by shortening order fulfillment from months to weeks which allows clients to reduce the amount of inventory they hold. In addition they remained as
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[pic] Li & Fung : Case Study Analysis Executive summary Aim This report aims to examine the Li & Fung business model and illustrate the challenges faced by the trading industry in the global market place. Factors Conclusions It is concluded that: Recommendations It is recommended that Li & Fung : Situation Analysis • Li&Fung achieves operating margins consistently around or above 3% and has become the largest trading company in Hong Kong. • In 1997 the company had
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indicate a different way of doing things‚ or it might generate notable competitive advantage. Li & Fung is Hong Kong’s largest export trading company. The company has moved from acting as a middleman between retailers and manufacturers to playing a much more extensive role in the management of the whole value chain. They work closely with their customers in the design and specification of products. Li and Fung have a close involvement in the high value-added front-end and back-end activities in the value
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1. INTRODUCTION This assignment is based on Li & Fung‚ wherein the issues and the pre-requisites relating to the introduction of an integrated Management of Information Systems are to be critically analysed in respect to its current situation and suitable recommendations are given at the end. Likewise‚ in the first section of the assignment‚ those internet issues prevailing in the company which justifies the need to consider the introduction of Information Systems are stated. In the second
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