Founded in 1906 in China, Li & Fung has grown to become the world's leading supply chain management firm, managing global supply chains for retailers and brands. It is family owned and operated, currently led by Victor Fung and William Li. Li & Fung provides a range of supply chain services including product development, sourcing, manufacturing, quality control, and shipping. It sources products globally and serves customers across industries including apparel, home goods, toys and others. Through strategic acquisitions, Li & Fung has expanded its geographic reach and service offerings.
A case study to discuss the unique business model of Li & Fung, the role of IT adopted in its business. Being a middlemen, is Li & Fung under threat from technology since IT makes intermediaries redundant?
Information Technology Module.
A case study to discuss the unique business model of Li & Fung, the role of IT adopted in its business. Being a middlemen, is Li & Fung under threat from technology since IT makes intermediaries redundant?
Information Technology Module.
Apple INC.: Managing a Global Supply ChainAyesha Majid
As part of her analysis of Apple’s stock, she wanted to look at the company’s supply chain to see if she could gain some insight into the pros and cons of Apple as a key holding in BXE’s fund. When. Apple Computer was founded on April 1, 1976, by Steve Jobs, Steve Wozniak and Mike Markkula to manufacture and distribute desktop computers.
IKEA Sustainability Communication PresentationDavid Ramgraber
Presentation of tailored PR proposals for the IKEA Leeds store as part of a Graduate Consultancy project about how to communicate sustainability more effectively to students.
Case Study on Toys "R" US goes to japan
1. Introducton
2. Company Background
3. Comapny Strategy
4. Japanes Toy Market
5. Barriers to Entry
6. Market Penetration
7. Media Advertising Strategy
8. Localization
9. Threats
10. Challenges
Established in 1949, head-office at Denmark
Product puzzle toy
Fifth- largest toy- maker in the global in 2009
Long-term contract with Flextronic
Sold in more than 130 countries
Reduce the cost and find a new strategy to overcome the largest internal financial of company.
Development and distribution product would be sorted out.
Upgrade procurement process
Trimming product complexity (standardization)
Improve profitability
Strengthen its competitive edge in the competitive toy market
Switch from a traditional family model to partnership model
That the ineffective and inflexible supply chain was the key problem for the creation of a sound business platform
Their decision to outsource comes on the back of an in-depth analysis of the company’s total supply chain
A special view to cost structure considerations and geographic proximity to the major markets
Effective coordination too complex for LEGO Group
Sharing necessary product knowledge in a consistent and timely manner took too long and not executed reliably between two firms
It is difficult to find profitable business model for two firms
McKinsey & Company: Managing Knowledge and LearningDisha Ghoshal
As part of Strategy execution, this presentation on was on how McKinsey & Company flourished throughout the years by Managing Knowledge and Learning diligently.
Strategic analysis of unilever (USLP 2012-2013)Roukaya Issaoui
This paper provide a brief analysis of the competitive environment of Unilever then a strategic analysis of Unilever and it’s position in each industry.
This slide was prepared by me, for my term paper presentation on IKEA's operations management.
Slide comprises of a brief company overview with its mission & vision, global outlet locations, product lines, key aspects of operation functions, swot and conclusion.
All information were collected from secondary sources.
Apple INC.: Managing a Global Supply ChainAyesha Majid
As part of her analysis of Apple’s stock, she wanted to look at the company’s supply chain to see if she could gain some insight into the pros and cons of Apple as a key holding in BXE’s fund. When. Apple Computer was founded on April 1, 1976, by Steve Jobs, Steve Wozniak and Mike Markkula to manufacture and distribute desktop computers.
IKEA Sustainability Communication PresentationDavid Ramgraber
Presentation of tailored PR proposals for the IKEA Leeds store as part of a Graduate Consultancy project about how to communicate sustainability more effectively to students.
Case Study on Toys "R" US goes to japan
1. Introducton
2. Company Background
3. Comapny Strategy
4. Japanes Toy Market
5. Barriers to Entry
6. Market Penetration
7. Media Advertising Strategy
8. Localization
9. Threats
10. Challenges
Established in 1949, head-office at Denmark
Product puzzle toy
Fifth- largest toy- maker in the global in 2009
Long-term contract with Flextronic
Sold in more than 130 countries
Reduce the cost and find a new strategy to overcome the largest internal financial of company.
Development and distribution product would be sorted out.
Upgrade procurement process
Trimming product complexity (standardization)
Improve profitability
Strengthen its competitive edge in the competitive toy market
Switch from a traditional family model to partnership model
That the ineffective and inflexible supply chain was the key problem for the creation of a sound business platform
Their decision to outsource comes on the back of an in-depth analysis of the company’s total supply chain
A special view to cost structure considerations and geographic proximity to the major markets
Effective coordination too complex for LEGO Group
Sharing necessary product knowledge in a consistent and timely manner took too long and not executed reliably between two firms
It is difficult to find profitable business model for two firms
McKinsey & Company: Managing Knowledge and LearningDisha Ghoshal
As part of Strategy execution, this presentation on was on how McKinsey & Company flourished throughout the years by Managing Knowledge and Learning diligently.
Strategic analysis of unilever (USLP 2012-2013)Roukaya Issaoui
This paper provide a brief analysis of the competitive environment of Unilever then a strategic analysis of Unilever and it’s position in each industry.
This slide was prepared by me, for my term paper presentation on IKEA's operations management.
Slide comprises of a brief company overview with its mission & vision, global outlet locations, product lines, key aspects of operation functions, swot and conclusion.
All information were collected from secondary sources.
Have you ever wondered what it is you need to do to increase the valuation of your company to get the best payout when you exit? This panel will discuss many ways of upping your valuation and how to start the process in the early days as well as improving it in the latter days of the life of the company.
For example, adding high profile industry experienced people to your team, buying or developing really interesting patents, creating channels, a brand, relationships that matter. Other ways include increasing your customer base and creating products that fit the gaps which larger competitors possess. When an acquiring company looks at you, what constitutes your value drivers?
Join a distinguished panel comprising entrepreneurs and acquirers as well as financial experts who can give you an idea of how to best increase your company’s valuation.
For dying companies in dying industries, part-2Ron McFarland
This is the second part of a 2-part presentation. Just like the first part, it offers suggestions to help a declining company survive, even if it is in a declining industry. You might find what I call a good competitor and bad competitor interesting with the attitudes as to what is correct and not correct behavior in the US Presidential election (slides 24-28). Armed with knowing which your competitors are, you can plan your strategies. Also, looking at your supply chain, exploring where you should find partners is interesting. I hope they get you thinking.
TiE Bangalore: How to sell to enterprise by Jawahar Bekay Sep 4, 2013TiE Bangalore
Many product and service companies are emerging in the Indian landscape with a focus and intent to sell into the Indian enterprise. The large enterprises however are difficult customers to get into as well as to service. What are some of the methods and ways in which you can do this for your product or service? Who do you sell to, how do you sell, when and where do you sell? some of these questions and other related challenges will be discussed and answered during this session.
Take away’s from the session:
A better understanding of the Sales cycle and how to handle the challenges therein.
Component content management systems (CCMS) have dramatically changed the way organizations manage and deliver content. A CCMS, when paired with DITA content, provides return-on-investment benefits to many successful deployments. What are the key ingredients that make up a successful deployment? How do teams identify successful adoption criteria while matching the constant changes within their organizations? How do they gain buy-in to support such a change?
Join Chip Gettinger from SDL for his insights from eight years of working with users of successful CCM deployments using DITA as a content model. He’ll present his findings, trends and tips for a solid adoption.
2. BACKGROUND
Founded in 1906 in southern China
Began as the first Chinese-owned export company
Today it is the world’s leading consumer goods supply chain
management company, managing supply chains for retailers and
brands worldwide
Family owned and operated for over a century
Currently operated by Victor Fung and William Li
Headquartered in Hong Kong Chairman Victor Fung
Services its customers globally through a sourcing network of over 80 offices in
more than 40 various economies
3. WHAT DO THEY DO
THE BUSINESS
- Supply value added services across the supply chain
Services Include:
- Product Development
-Raw Materials Sourcing
-Production Planning
-Factory Sourcing
-Manufacturing Control
-Quality Assurance
-Export Documentation
-Shipping Consolidation
-Product Mix includes hard and soft goods
Soft goods = apparel, woven and knit garments for men, women & children
Hard goods= fashion accessories, holiday products, furnishings, giftware, handicrafts, home products, fireworks, sporting
goods, toys, and travel goods
-Customers Include:
The Limited, Gymboree, American Eagle, Warner Brothers, Abercrombie & Fitch, Bed, Bath & Beyond, Tesco, Avon
Products, Levi-Strauss, Reebok, Royal Ahold, Guess Jeans, Bebe, Coke, Gap etc.
4. BUSINESS MODEL
Clients benefited from:
-Differentiation of product options
-Low cost products
-No minimum orders
-Reduced Inventory
- High quality products with timely
response
-Order flexibility
6. COMPETITORS & THREATS
Competitors:
UPS Supply Chain Solutions
William E Connor & Associates
APL Logistics
Through strategic acquisitions to expand reach of service into new markets such
as Europe and India, Li & Fung had grown to nearly five times that of its closest
competitor by 2000.
7. SWOT ANALYSIS
Strengths Weaknesses
1 Reputable name and branding. 1 Lack of initial knowledge on developing an e-
2 Well informed and educated management commerce B2B profile.
3 Tightly integrated supply chain management with 2 Lack of qualified personnel and subject matter
client base. experts to implement such a large
4 Established decentralized management style undertaking.
5 Ability to operate in both hard and soft markets. 3 Poor information gathering and research prior
6 Existing internal capital to adopting the B2B portal strategy
7 Successful acquisition strategy (obtained suppliers and 4 Insufficient knowledge about the behavior of
competitors). SMEs in similar portals
8 Flexible and interactive design process. 5 The initial plan of developing a B2B portal
9 No inventories to manage was based on the old economy model, change
10 Equal balance of technological and business sense was not sufficiently accounted for.
11 Old business values and principles
12 Positive corporate culture
8. SWOT CONT.
Opportunities
1 The internet is a true enabler to incorporate a more streamlined supply chain management system.
2 Allow customers to be able to be an intricate part of the design process up to the point of product manufacture.
3 Allow SMEs to participate in product procurement while enjoying a smaller commission rate.
4 Ability to establish a business plan to develop markets in which surplus products could be sold (Electronic Stock
Offer - eSO)
Threats
1 Phasing the "middle man" out of the trading scheme is a risky strategy and an attempt to alter an existing market mechanism.
2 Possible loss of key employees to other Internet companies through the promise of greater wage compensation for newly
acquired skills.
3 Fear that an online company would acquire or partner with an old economy trading company, becoming an overnight
competitor.
4 If the technology was outsourced, then the company could become dependent on that outside company for their IT needs
especially when an upgrade was needed.
5 The possibility of outside companies being able to access proprietary information, strategy, or the complete Li & Fung
business model.
6 Exposing the business to a new business environment with insufficiently prepared change strategies
7 Service quality issues in an area where the firm has never operated before could tarnish its reputation and result in loss of value
8 The new e-commerce endeavor made some of their larger customers nervous in that they were afraid that Li & Fung would be
compromising their business by working with their direct competitors
9. REFERENCES
Laudon, K. & Kaudon, J. (2007). Management Information Systems: Managing the Digital Firm. Information
systems, Organizations and Strategy (pp. 96-106). Upper Saddle River, NJ: Pearson Education, Inc.
http://conversation.cgu.edu/is329/page72:1202149828
Mcfarlan, W. & Young, F. (2005). Harvard Business School Cases: Li & Fung (A)(B) Internet issues (pp. 1-23).
Value Chain Framework of Li & Fung. Retrieved November 9, 2008, from web site: http://lifung.com/eng/business/
service_chain.php