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Competing in a Flat World: Building Enterprises for a Borderless World
book

Competing in a Flat World: Building Enterprises for a Borderless World

by Victor K. Fung, William K. Fung, Yoram Wind
September 2007
Intermediate to advanced content levelIntermediate to advanced
272 pages
6h 6m
English
Pearson
Content preview from Competing in a Flat World: Building Enterprises for a Borderless World

1. The Orchestration Imperative

In the 1970s, The Limited began working with Li & Fung to source its clothing. To tighten the cycle time of its supply chains, chairman and CEO Les Wexner set a time limit of 30 days for any order to be produced. This was absolute, whether the order was for 5,000 or 200,000 pieces; it had to be done in 30 days. This was one of the ways Wexner pioneered the concept of quick-response manufacturing. To meet the tight deadline, it became a normal practice for Li & Fung to sample many factories and to have these factories ready before The Limited decided on the size of the order. In this way, Li & Fung could reserve enough production capacity to respond quickly. If the order turned out to be a big one, Li & Fung would ...

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Publisher Resources

ISBN: 9780132332903Purchase book