'Li & Fung Introduction\r'

'Introduction: â€Å" globalisation”, the word everybody has heard of and which Is literally spread everywhere. both In school, university or In the news. People be constantly discussing about this term and its consequences. But what does globalization actually mean? There are thousands of deflations and It Is heavy(p) to find one which mantles all areas of globalization. In of a sudden words Globalization considers the process of the arena suitable more and more interdependent and linked concerning politics, economy, purlieu and technology. It is not possible anymore to see our economy as a single unit.Instead the whole world is connected and linked through cash or barter flows or commodities that are being shipped for suit from Hong Kong to the US. This process has significantly influenced multinational companies and their strategic instruction in order to gain more wealth and growth from an international point of view. In the sideline assignment I am going to a nalyses the internationalisation strategy of Lie & Fun, a Hong Kong found multinational company which targets on a unparalleled supply- chain management system and as well covers logistics.We continue a range of such as toys, home office furnishings, sporting goods, footwear, and health and beauty products. Our services cover all aspects of the supply chain from product design, edged material sourcing and production management to quality control, logistics, and shipping. We direct one of the worlds most extensive global meshs across our trading and logistics business enterprisees. More than 28,000 colleagues work across any(prenominal) 300 offices and distribution centers in more than 40 different markets. We have access to a sourcing network encompassing over 1 5,000 suppliers around the world.The calling business provides sourcing services to retailers, brand owners and wholesalers to support their brands on both an agency (commission margin) and a principal (prod uct margin) basis. It also offers design and products to retailers on a wholesale basis. The Logistics business is a leading player for logistics in pellucid verticals across Greater China and Southeast Asia, and interacts with our trading business to provide comprehensive in-country logistics solutions and international loading forwarding services. )\r\n'