Li & Fung Supply Chain Essay
Master of Science (Singapore)
Logistics and Supply Chain
Supply Chain Management (BMGT4057S)
Assignment 2
Student Name Student Number Batch
Chan Kok Liang Desmund 13213539 Msc 32 PT Singapore
Amit Agarwal 13213424 Msc 32 PT Singapore
Vijeen Goyal 13213251 Msc 32 PT Singapore Lecturer: Paul Humphreys
Submission Date: 29/08/2014
Word Count:
We declare that all materials included in this essay/report/project/dissertation is the end result of my own work and that due acknowledgement have been given in the bibliography and references to ALL sources be they printed, electronic or personal. Signed: Desmund Chan, Amit Agarwal and Vijeen Goyal
Date: 29/08/2014 Assignment 2:
Fast, global and entrepreneurial: Supply Chain Management Hong Kong Style
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Founded in Guangzhou in 1906, Li & Fung Group today has an annual turnover of over US$14 billion, operations in over 40 countries and regions, and over 23,000 employees worldwide.
It is their speciality to manage supply chains of high-volume, time-sensitive goods, such as garments, fashion accessories, gifts, handicrafts, toys, sporting goods, and travel goods – on behalf of their customers worldwide. Li & Fung provides its customers with the convenience of a one-stop shop with a value-added package starting from product design and development, through raw material and factory sourcing, production planning and management, quality assurance and export documentation, to shipping consolidation.
On their company 's web page Li & Fung state "Our business is built upon our people, our time-honoured values, our approach to sustainability through the entire supply chain, and our community engagement. Our global network, our financial strength, and our leadership in change are the platform for our continued success and future
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