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CORPORATE GOVERNANCE (CONTINUED)
INFORMATION TECHNOLOGY
The Vendor Portal as a strategic platform continues to be enhanced and was extended to automatically organize scanned
documents by contract eliminating printing and manual intervention, both green and productive. At the same time consumerable
leveraging having been applied to hangers, helping to drive compliance, is being extended to include any consumerable.
As part of a larger supply chain project, the Vendor Portal is being integrated in to a larger shipment platform for the benefit of the
vendors and users of our logistics services.
In support of the direct model for LF Asia – Food, Health, Beauty & Cosmetics, further investment was made in mobile devices and
extended functionality to support sales and retail store data capture and analysis.
Decision Support Systems in the form of the internal dashboard were enhanced, converting transactional data in to relevant,
accurate and timely information accessible online at any time.
While face to face meetings remain the main source of interaction with our customers, eCatalog has been developed to provide
our customers with a supplementary medium for their online sourcing. This has been successfully launched with a number of sites
and is gaining momentum.
The global Wi-Fi standardization across all offices has made for seamless connectivity transition between offices and least cost
routing to reduce data roaming costs while overseas.
In addition within infrastructure, as part of our continuous improvement and End User Experience Programs, investments are being
made in end user devices to improve desktop and laptop performance.
SUSTAINABILITY
In the first half of 2012, we continued to implement our Sustainability Strategy, which focuses on what we can do to reduce our
environmental footprint, to engage and enhance the well being and development of our colleagues, to support the communities
where we operate, and to enhance the sustainability performance of our supply chain.
Within our own operations, we made additional investments in energy-efficient retrofits and continued to encourage reduced
energy, water and paper consumption. We revamped our intranet site to make sustainability more accessible to our colleagues
and also expanded our learning and development and employee welfare programs. We launched an enhanced community
engagement initiative to increase and measure the strategic depth and impact of our global initiatives for community building,
entrepreneurship and human capital development, environmental protection and disaster relief.
Implementing our revised Code of Conduct for Suppliers and our Supplier Compliance Manual since January 2012 has been a
significant priority with our suppliers and customers. To support this, we are refining our compliance assessment and verification
tools and processes, and focusing on training and capacity building programs, to both identify and address gaps in meeting our
Code requirements. Going forward, we are launching a dedicated website with resources for our suppliers to improve compliance
and sustainability performance, expanding our dialogue on sustainability with our customers and suppliers as part of our business,
and providing additional onsite support to improve human resource management, lean manufacturing, health and safety and
environmental performance. In support of industry-wide efforts to further sustainability in supply chains, we remain actively
involved in the Sustainable Apparel Coalition, the Global Social Compliance Programme, the International Labour Organization’s
Better Work program and Business for Social Responsibility.
Our priority remains to build our business by working in partnership with our customers, suppliers, colleagues and industry
partners to operate more sustainably, to improve working conditions and environmental performance in our supply chain, and to
provide more sustainable sourcing options.
LI & FUNG LIMITED | INTERIM REPORT 2012
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