Owners of some very well-known global brands contract with Li & Fung to have their products manufactured.This makes Li & Fung one of the largest _________ companies in the world.

Question

Quizplus · Accepted Answer

Li & Fung is a trade-sourcing company that connects retailers and manufacturers in different countries, helping retailers to bring quality products to market quickly and cost-effectively. They act as a middleman between the manufacturers and retailers, providing services like sourcing, supply chain management, and logistics. They are not primarily involved in manufacturing or logistics themselves, but rather they help their clients to outsource these activities to the most suitable suppliers.

Owners of Some Very Well-Known Global Brands Contract with Li