Li & Fung Research Paper

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Li & Fung’s digital transformation and vision of creating the supply chain of the future is featured.

Synopsis: This case study is based on a four-year, multi-method research project with companies engaged in internal crowdsourcing.

The platform supports its internal sourcing teams and vendors, facilitating collaboration in managing its global supply chain and shipping tasks.

It also highlights some of the other IT infrastructure such as web conferencing to reduce travel and communication costs.

Synopsis: Chinese family businesses that continue to thrive for more than a century are few and far in between and Fung Group is one of them.

Starting as a traditional trader in the early years, Fung Group evolved into a modern multinational enterprise.They must set an agenda for peace and prosperity for the next 100 years that integrates the realities of our new age of shifts in geopolitics and the global economy, the emergence of a digitalized world, environmental concerns and action with the need for new institutions adapted to these new realities.China’s department store sector has gone through some ups and downs in the last decade.Synopsis: IDS Group, a provider of supply chain solutions, developed a supply chain concept called “Value Chain Logistics”.Value Chain Logistics took a holistic view of the entire value chain by positioning logistics as the fundamental enabler to drive maximum efficiency and responsiveness in all the steps: from manufacturing to distribution to the final consumers.Given the geo-social diversity of various Asian markets, companies often faced distribution challenges as they tried to bring high quality products to their final consumers at a reasonable cost.As a pioneer of this new supply chain concept, IDS had helped its customers to achieve overall lower supply chain costs while meeting dynamic customer needs.Synopsis: This case study discusses global supply chain management and focuses on Li & Fung as one of Hong Kong’s most successful trading companies.It covers Victor Fung’s and William Fung’s views on the age of the Internet in which they believe that trading intermediaries have an important role to play.Li & Fung pioneered “flat world” success to become a leading supplier of garments and other consumer goods for the world’s top brands and retailers – without owning a single factory.Synopsis: This case study discusses the global supply chain management practices of Li & Fung and examines how the company has positioned itself as a global supply chain manager, describing its supply chain management strategy including the dispersed manufacturing technique and its global supplier network.

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