Our Strategy
Our vision is simple but bold – we aspire to create the supply chain of the future to help our customers navigate the digital economy.
We are facing an era of exponential change. The convergence of technologies has changed the way consumers and businesses interact. Our aspiration is to deliver value in global supply chains by living our values around people, partners and planet.
Supply chain innovation
We convene the global supply chain creating customized, end-to-end supply chain and logistics solutions for brands and retailers. What sets us apart is our high degree of flexibility and scalability which is unrivaled in our industry.
Millions of consumer goods pass through Li & Fung’s supply chain every year. For that to happen, we connect thousands of suppliers and vendors with leading brands and retailers, all with the goal of meeting consumer demand.
We are creating the supply chain of the future
Traditional supply chain management is undergoing massive change driven by disruptive technologies in the retail industry.
At Li & Fung, we’re changing the game and landscape of our industry with innovative services and solutions. Our scale allows us to act as a catalyst for change and as a convener of our supply chain partners.
Starting with product design and development and including everything from compliance to raw material and factory sourcing, manufacturing control, logistics, and more, we offer end-to-end services for all stakeholders in the consumer goods industry. Our offices and teams are based in all key production markets, giving us the expertise and extensive network of supply chain partners needed to meet the diverse needs of our global customers.
Retail
The supply chain journey follows the creation and movement of goods around the world. That journey begins and ends with the consumer.
Design
From concept to design brief, the design process translates trends into products that meet the needs of today's demanding consumer.
Sourcing
Finding the right materials and factories that share our commitment to quality, compliance and sustainability is a fundamental activity.
Production
Merchandisers, designers, quality engineers and product development experts work with factories to ensure products meet the requirements.
Logistics
Logistics solutions start from the moment the product leaves the factory to the time it reaches the hands of a happy shopper.
Design
From concept to design brief, the design process translates trends into products that meet the needs of today's demanding consumer.
Sourcing
Finding the right materials and factories that share our commitment to quality, compliance and sustainability is a fundamental activity.
Production
Merchandisers, designers, quality engineers and product development experts work with factories to ensure products meet the requirements.
Logistics
Logistics solutions start from the moment the product leaves the factory to the time it reaches the hands of a happy shopper.
Retail
The supply chain journey follows the creation and movement of goods around the world. That journey begins and ends with the consumer.
Our goal is to fully digitalize each step of the global supply chain so that data can flow seamlessly, providing end-to-end visibility for our customers, suppliers and other stakeholders. This allows them to stay ahead of the disruptions at retail, capture data-driven insights, and enhance productivity.
Our supply chain solutions are all about helping our customers and suppliers deliver speed, efficiency and profitability. Acting as a convener across the supply chain, we have six core tools, delivered through our materials platform, 3D design platform, vendor platform and production platform.
Enabling speed in the product development cycle
Average calendar: 40 weeks
With Li & Fung digital apps: 21 weeks
About Li & Fung
We aspire to deliver value in global supply chains by living our values around people, partners and planet.
At Li & Fung, value has tangible meaning and we strive to deliver value to our stakeholders with each and every interaction. Since 1906 we have grown from our initial startup focused on trading handicrafts from China to the West to today’s multinational corporation, managing complex supply chains for brands and retailers worldwide. Over 115 years, Li & Fung has been developing networks and building long-term, meaningful relationships with our stakeholders. Despite major changes and disruptions, innovation and creativity continues to drive our business. We constantly experiment with new ways of working to deliver value to our customers and suppliers, our shareholders and the communities in which we live and work.
News
16 Aug 2024
Fashion Tech Summit showcases sustainability as key competitive advantage
Hong Kong positioned as Global Supply Chain Hub
19 Jun 2024
IFC partners with Li & Fung and LFX to support SME growth and digitalization in Asia's supply chains
This partnership will increase access to affordable supply-chain finance for smaller enterprises in Asia and integrate greater digitalization in supply chain management.
31 Aug 2022
Maersk completes acquisition of LF Logistics
Li & Fung announced the completion of the sale of LF Logistics, to A.P. Moller - Maersk, an integrated logistics company working to connect and simplify its customers’ supply chains.
22 Dec 2021
Li & Fung and Maersk form long-term strategic partnership and announce acquisition of LF Logistics by Maersk valued at US$3.6bn
The partnership will enable both companies to utilize their respective resources and global networks to create a comprehensive range of end-to-end global supply chain services.
22 Dec 2021
Announcement of formation of long-term strategic partnership with Maersk and disposal of logistics business
Announcement of formation of long-term strategic partnership with Maersk and disposal of logistics business
18 Aug 2021
LFX launches Air8 with GLP Financial Services as strategic partner to serve supply chain financing needs of SME suppliers
Air8 leverages Li & Fung’s ecosystem to build a fintech platform that capitalizes on supply chain experience to focus on cross-border trade finance in the apparel and general merchandise sectors.