ADMS 1010 Chapter Notes - Chapter Articles: Victor Fung, Li & Fung
30 Oct 2016
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Document Summary
Week 8 - reading - supply chain management, hong kong style; plantations. Fast, global, and entrepreneurial: supply chan management, hong kong. Updated: (an interview with victor fung) by joan magretta. Supply chain management is working its way onto strategic agendas of. In today"s faster-paced markets, the focus has shifted to innovation, flexibility, and speed. Victor fung interview - li & fung (public trading export company) Before victor and his brother took over the company, li & fung was a broker, charging fees to put buyers and sellers together. But as an intermediary, the company was squeezed between the growing power of buyers and the factories. After li & fung took over, they did a couple of things to make the business different: First stage: extending their geographic search by establishing offices in taiwan, korea and singapore. Provided services by dealing with the whole region instead of one nation.
