How This CEO is Disrupting the Supply Chain Industry from Within
· Source: news.northeastern.edu
In short
Spencer Fung, executive group chairman of Li & Fung Limited, is leading a transformation of the 120-year-old supply chain management company by embracing innovation and AI. The company is moving from traditional 52-week processes to two-week turnaround times, functioning more like a Silicon Valley startup. Fung emphasizes that AI has become ubiquitous and necessary throughout their operations, though he notes that digitizing old models alone isn't sufficient for true transformation.
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In the issue of week 37, 2025: AI-Driven Automation and Decision Systems Slash Costs, Boost Supply Chain Resilience
Tags: supply-chain, automation, innovation, digital-transformation, logistics, AI