NETWORK BASED
SUPPLY-CHAIN MANAGEMENT
- Connect firms with supplier(s) that fit their needs
- Consult on creating the best value-chain for that firm
Li & Fung - Business
Several Stages
1. regional sourcing agent Asia
2. On-demand production programs
3. Dispersed manufacturing
Establishing network
Supplier Control
Network theory: Ling & Fu is the central node between customers and suppliers
Sustainability
Digitization
Improves efficiency
Reduces opaqueness
Expansion
Emerging markets
Build relationships
Guanxi