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Lee Fung Supply Chain

Lee Fung Supply Chain

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Published by dearsathya
Special supply chain of Lee & Fung
Special supply chain of Lee & Fung

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Published by: dearsathya on Oct 05, 2009
Copyright:Attribution Non-commercial

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08/30/2015

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FAST, GLOBAL &ENTREPRENEURIAL : SUPPLYCHAIN MANAGEMENT, HONGKONG STYLEAn Interview with Victor Fung
 
Porter’s Value Chain Model
Administration and Management: Policies are localized (country level) and company levelframework exist only for top-level management, Centralized cash management service.HR Management: All the benefit are monitorize and provided to employeeProduct and Technology Development: Use of latest technology to optimize supply chain.Company processes expertise are needed to manage all individual processes of the wholevalue chainProcurement: Component and raw material are procured all across the global, reducedinventory though their supply chain system optimization
 
Dispersed/Borderless Production
It means, breaking up the value chain and rationalizing the same.
Cost is reduced by:
 
Moving to LCCS (Lowest Cost Country Sourcing).
Using Round-Robin/ Milk Run methods for Procurement.
Products are manufactured & assembled in multiple locationsacross the globe and getting the most competent players to work on the product.
Advantages:
Managers of Li & Fung can concentrate of strategic valuechain decisions and not on operational issues of a factory.
Reducing delivery/cycle time.
Leverage to customize your end-product and satisfycustomers with sophisticated order designs

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