Li & Fung Core Strategies Essay

Li and Fungs Core StrengthsOne of the affection strengths of Li and Fung was acquisitions as they saw it as a means to sustain festering momentum. Most of the time they tried to englut in the mosaic by getting competitors in areas where they lacked positioning, expertise or talent. They solely did not acquired companies they made them integrated with the archaic ones to put to work When they acquire companies Li & Fungs strategy is to integrate incoming hand over and streamline operations seamlessly within ampere-second days.Li & Fung works to a triple Year Plan that addresses strategies across the age and in recent years has ascertain and met the goal of doubling its size with distributively plan.Li & Fung has achieved its milestones a lot faster, charm keeping costs down by investing in new technology and salvingware solutions. The company has set up the infrastructure for web conferencing between all told of its offices. The company has breakd IT softwares, pec uliarly those relative to infrastructure that will tolerate improved collaboration, such as VOIP phones, WebEx, SharePoint for upcountry and customer collaboration, videoconferencing and EDI. This has allowed them to cut costs and change magnitude productivity. Also Li & Fung centralized back-office systems contributed to improve the efficiency of acquisition.Li & Fungs as a middleman provided a all-embracing array of services that spanned the whole supply chain. In addition, they supplied both hard goods and soft goods from suppliers to different countries and territories. Acted as the middlemen, the company could condense matching and credit risks.How do these warmheartedness strengths make Li and Fung an attractive resource for its customer?How do Li and Fung make the supply chain more antiphonary (i.e., fast and flexible?Do you gauge that other companies can replicate Li & Fungs businessmodel? wherefore or why not? Be brief.