_________________ Write an analysis for the case: “Fast‚ Global and Entrepreneurial: Supply China Management‚ Hong 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
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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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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 section‚ its holistic global supply chain
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Li & Fung Established in 1906‚ Hong Kong–based Li & Fung is now one of the largest multinational trad-ing companies in the developing world‚ with annual sales of more than $7 billion in 2005‚ up from just $1.2 billion in 2000. The company‚ which is still run by the grandsons of the founder‚ Victor and William Fung‚ does not see itself as a traditional trading enterprise. Rather‚ it sees itself as an expert in supply chain management for its 500 or so customers. These customers are a diverse
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Written Case #1 Li & Fung: Internet Issues Li & Fung is a Hong-Kong based import-export trading company that provides value-added services across the entire supply chain in a borderless manufacturing environment. The growth strategies for the company are a combination of an organic model‚ acquisitions‚ and use of E-Commerce technologies to extend the supply chain to new markets. Li & Fung hopes to offer its supply chain services to the small and medium-sized enterprise (SME) market by developing
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SUPPLYChain CHAIN Management NETWORKS Global Supply Li & Fung Ltd. N. Viswanadham n.viswanadham@gmail.com Source: Harvard Cases‚ Book by Jerry Wind et.al Ecosystem Aware Global Supply Chain Management Contents l l l l l Li & Fung Competencies of Li & Fung The Service Chain Process @ Li & Fung Price Target Ecosystem Model – Resources – Service Delivery Mechanisms – Institutions l l l Performance Governance Conclusions N.Viswanadham Ecosystem Aware Global Supply Chain Management
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with large markets in Asia and Europe as well as the need for China’s own development and security. The OBOR initiative will also help Li & Fung to identify new drivers for growth in its sourcing & logistics business
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This paper will answer the case discussion questions on Li & Fung. Summarize the strategic and operational challenges facing global managers illustrated in the selected text. At one time many of LI & Fung’s customers performed their own logistics and purchasing functions in-house. Now they outsource those functions to Li & Fung because they are experts in the supply chain management for its 350 or so customers‚ providing the convenience of one-stop shopping for raw material sourcing‚ production
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Li & Fung is a Hong-Kong based company that provides value-added services across the entire supply chain. Li & Fung has been operating for about a century. It was founded in Guangzhou‚ china‚ in 1906 by Fung Pak-Liu and Li To-Ming. Li & Fung was a family owned business until the 1970s where it transformed into a public company that is professionally managed. The Li & Fung Group is an international group specializing in exports sourcing‚ distribution‚ and retailing. In August 2000 Li & Fung invested
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Li & Fung is an export trading company from Southern China that was founded back in 1906 by Fung Pak-Liu and his partner Li To-Ming. Li & Fung grew from a traditional export trading company to global supply chain management company it is today. After the passing of Liu‚ To-Ming decided to sell his shares. After both graduating from Harvard‚ Fung’s sons‚ Victor and William took over the company in 1974 and moved it to Hong Kong. The Fung brothers were both highly intelligent individuals. They
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