Li and Fung Limited Essay

autonomic nervous system1- Li & angstrom Fung Limited is a spheric trading group. A play along would corresponding to make social function of the supply kitchen stove of mountains management go of Li & angstrom Fung because it manages the supply chain for high volume, time sensitive consumer goods, delivering the aright location. It focuses on providing a one- stop condescend service through a profit of 69 sourcing offices in 40 countries. go with would prefer Li & Fung sort of than organising in-house department or appointing a elderly manager to handle these activities because it provides services regurgitate from product design , development, through crude material and factory sourcing, production think and management, quality assurance and on to merchandise documentation and shipping consolidation. Moreover companionship use Li & Fung because it could be an effort to also reduce costs.Ans2- Li & Fung expand its global sourcing meshwork through acquisi tions since it has found create networks from the ground up tends to take a long time and to be comparatively expensive. Li & Fung acquired companies like Inchcape purchase Services in 1995, Swire & Maclaine Ltd , Camberley Enterprises Ltd and Colby conclave Holdings Ltd. These all are well accomplished companies. Li & Fung company is in favour of acquisitions because it doubled the sizing of company and expanded the companys node base in Europe and settle its position in the U.S. These acquisitions increased the size of Li & Fungs sourcing network from 48 offices in 32 countries in 1999 to 68 offices in 40 countries in 2001.Ans3- meshwork opens the door to immature levels of connectedness to customers. Successful firms on the weather vane have used cyberspace to deliver the goods their objectives. Li & Fung use the Internet to capture surplus employment like miniature to medium- size -businesses that is characterized by small order size and shorter econ omy requirements. solely they cannot afford large sum of capital in inventory. Internet provides solution to these amiable of problems. It could allow Li & Fung to unite small orders for mass production by existing supplier network. Li & Fung allow these smaller businesses to have their knowledge private note.The choices available online would allow a product to have the small businesss own distinctive label attached with choices available online and would choices of embroidery change and packaging. Li & Fung should use seem engine optimization for increase the sensory faculty of its website. In order to make the additional businesses profitable Li & Fung could use their website www.studio contain.com in many ways. The studio direct will combine its expertise in sourcing and merchandising of apparel with supply chain efficiency. It will derive from its web- based trading. studio Direct has outsourced every aspect of delivery from pick and pack, shipping and cust omer clearance.