Tinoco free essay sample

In light of the American recession and taking into consideration Li Fung’s hugely successful implementation and utilization of its supply chain management system, there are a 3 main ways Li Fung can continue to expand its business and reach its target of US$20 billion. Our key recommendation here is for Li Fung to revaluate its past strategy and realign it more effective in the current situation, reduce costs by utilizing systems it already has in place and by targeting specific markets in such a way that they can experience potentially great reciprocal gains. The first step that Li Fung should take in order to continue expanding its business and reach its target requires us to look back at factors that have successfully contributed to the current formation of Li Fung, namely through acquisitions. Throughout its history, Li Fung has actively pursued and relied on acquisition to grow its business by expanding its supplier network and customer base. We will write a custom essay sample on Tinoco or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page While this was a great strategy in the past, continued implementation in this economic climate is risky and could impart devastating results. Thus, Li Fung should discontinue the acquisition strategy for now and implement a more natural or traditional 2) Explore the growth opportunities available to Li Fung? 3) How can the company further develop its internal resources to enhance competitiveness? Case Study Li Fung  1) In light of the American recession, what can Li Fung do to continue expanding its business and reach its target of $20 billion for the period 2008-2010? In light of the American recession and taking into consideration Li Fung’s hugely successful implementation and utilization of its supply chain management system, there are a 3 main ways Li Fung can continue to expand its business and reach its target of US$20 billion. Our key recommendation here is for Li Fung to revaluate its past strategy and realign it more effective in the current situation, reduce costs by utilizing systems it already has in place and by targeting specific markets in such a way that they can experience potentially great reciprocal gains. The first step that Li Fung should take in order to continue expanding its business and reach its target requires us to look back at factors that have successfully contributed to the current formation of Li Fung, namely through acquisitions. Throughout its history, Li Fung has actively pursued and relied on acquisition to grow its business by expanding its supplier network and customer base. While this was a great strategy in the past, continued implementation in this economic climate is risky and could impart devastating results. Thus, Li Fung should discontinue the acquisition strategy for now and implement a more natural or traditional 2) Explore the growth opportunities available to Li Fung?  3) How can the company further develop its internal resources to enhance competitiveness? Case Study Li Fung 1) In light of the American recession, what can Li Fung do to continue expanding its business and reach its target of $20 billion for the period 2008-2010? In light of the American recession and taking into consideration Li Fung’s hugely successful implementation and utilization of its supply chain management system, there are a 3 main ways Li Fung can continue to expand its business and reach its target o f US$20 billion. Our key recommendation here is for Li Fung to revaluate its past strategy and realign it more effective in the current situation, reduce costs by utilizing systems it already has in place and by targeting specific markets in such a way that they can experience potentially great reciprocal gains. The first step that Li Fung should take in order to continue expanding its business and reach its target requires us to look back at factors that have successfully contributed to the current formation of Li Fung, namely through acquisitions. Throughout its history, Li Fung has actively pursued and relied on acquisition to grow its business by expanding its supplier network and customer base. While this was a great strategy in the past, continued implementation in this economic climate is risky and could impart devastating results. Thus, Li Fung should discontinue the acquisition strategy for now and implement a more natural or traditional 2) Explore the growth opportunities available to Li Fung? 3) How can the company further develop its internal resources to enhance competitiveness?