Complete 1 page APA formatted essay: Li & Fung LTD.The company also focuses on advancing its management as it has advertised staff for accounts receivable, inventory and collections, and accounts paya

Complete 1 page APA formatted essay: Li & Fung LTD.

The company also focuses on advancing its management as it has advertised staff for accounts receivable, inventory and collections, and accounts payable management.

Li & Fung Ltd contributes to the performance in their global marketplaces. They do this by managing the supply chain for various consumer goods such as footwear, toys, accessories, and clothing. This covers everything including lining up of raw materials for manufacture, overseeing production, and assessing the performance of supply chain from the point of production to delivery in retailers’ destinations. With this role, the company gets a good reputation from its consumers as a reliable firm

To achieve the goal of being a noticeably thriving company, Li & Fung Ltd ensures that its employees are committed to supreme operational standards and carrying out their duties with integrity. The company has good corporate governance practices since it has been emphasizing on accountability and transparency. Sustainability considerations are given first priority and it is embedded into its risk management systems and corporate policies. Li & Fung Ltd will definitely continue to lead in consumer goods due to its development capabilities and comprehensive design.

Staff Reoporters. (2011). Li & Fung Li & Fung moves into Grand over. $1.1M Eden expansion planned. The Business Journal Retrieved from: http://www.bizjournals.com/triad/print-edition/2011/11/18/lf-moves-into-grandover-11m-eden.html?page=all