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 conversion strategy - The concept
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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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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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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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Li & Fung is a one of the most successful trading company in Hong Kong. It creates value to its clients by providing total supply chain solution services from raw materials to finished products. The organic growth and acquiring industry rivals strategy have contributed to Li & Fung’s success in the past. The disruptive e-Commerce phenomenon forces Li & Fung to review its business strategy. With the combination of the new e-Commerce challenge and its core historical strengths‚ Li & Fung saw the
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Li and Fung’s Core Strengths One of the core strengths of Li and Fung was acquisitions as they saw it as a means to sustain growth momentum. Most of the time they tried to “fill in the mosaic” by acquiring competitors in areas where they lacked positioning‚ expertise or talent. They just did not acquired companies they made them integrated with the old ones to make When they acquire companies Li & Fung’s strategy is to integrate incoming staff and streamline operations seamlessly within 100
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riony [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
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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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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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