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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 542 |
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These sites enabled the company to interact with customers, track their orders, help in product development and perform many other tasks in a cost efficient manner. ??The extranet also enabled customers to track their orders and gain access to related information through Li & Fung's Electronic Trading System, known as XTS, which was linked to Li & Fung's global network of offices...
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As many companies did not have expertise in SCM and outsourcing was a cost-efficient alternative, the demand for companies that offered SCM services increased. Li & Fung, which already had an impressive sourcing network and SCM expertise, increased efforts to position itself as a global consumer goods trading company...
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