Performance of Li and Fung Ltd - Essay Example

Memorandum Re: Li & Fung Ltd Li & Fung LTD. Li and Fung Ltd is one of the largest consumer goods companies. Its efficiency in product design, sourcing, development, and distribution has greatly improved as it can now deliver goods and services to retailers. Although the company declined to comment on its plans to move to Greensboro, it is quite likely that its focus is on administrative or clerical purposes. It focuses on giving more opportunities to job seekers and increasing the number of its employees for reliable services.

It has listed 15 job openings for the Greensboro office posted on its careers website. 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 the 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 firmTo achieving 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 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.