Everything is Connected: A New Era of Sustainability at Li & Fung Case Solution
Li & Fung Limited (LF), a Hong Kong-based international, was a worldwide innovator in durable goods style, advancement, resource, and circulation. LF handled the whole supply chain for sellers and brand names around the globe by dealing with a connection of over 15,000 provider business in over 40 economies in Asia, Europe, Africa, and the Americas. The business dealt with increasing assumptions on security compliance, atmosphere, social, and operating requirements. It chose to develop an incorporated and holistic method to attend to these problems in a way that would develop services and construct worth for LF consumers in maintainable supply chain management.
Knowing Objective
This case is utilized practical or supply chain courses to feature the significance of sustainability as business globalize their supply bases including emerging economies. The case explains the difficulties dealt with by business to keep an eye on and enhance durability efficiencies in their supply chain. The crucial lessons are that business have to go method beyond audits, however to engage completely with providers, supply the ideal rewards, inform and train providers, and team up to produce developments that effect modifications.
This is just an excerpt. This case is about Business
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