How does Li & Fung make the supply chain more responsive? Li & Fung manages about 7500 suppliers in more than 26 countries but does not run any of the factories because that would be a humungous task to manage such a large workforce. But working with these factories the company takes anywhere from 30% to 70% of their production so that Li & Fung is their largest customer. Li & Fung is customer focused company where they focus an entire division on serving one customer or has a smaller
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Universidad Rafael Landívar Facultad de Ingeniería Seminario de Administración Industrial Sección 1 Grupo 2 Caso # 2 “Li & Fung‚ Internet Issues” Freddy Reyes 12191-03 Carlos García 11013-05 Wendy Meneses 11129-05 Carlos Lima 11881-05 Rodrigo Castellanos 12006-00 Juan Carlos Soto 10999-05 Guatemala‚ 27 de septiembre de 2009 5. Propuestas de Solución “Desarrollo de un nuevo portal B2B que permitiera liderar a la industria en Tecnología y modernizar a la
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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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BUSINESS STRATEGY CASE ON 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?
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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
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Logistics and transportation Mei Jin 2011954440 ECOM-ICOM 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
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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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Kong Style – An interview with Victor Fung” [pic] Content Page ABSTRACT INTRODUCTION 1. Strategic evolution in the new age of global competition 4 - Acquisitions - Outsourcing Deal - Supply Chain Management 2. Key success factors of Li & Fung 7 - Long term relationship with the suppliers - Dispersed Manufacturing/Borderless conversion strategy - The concept of “Soft $3” - Focus on core business and outsourcing the high cost segments
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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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