HKUST and Li & Fung, a member of Fung Group, have jointly established the HKUST Li & Fung Supply Chain Institute, aimed at advancing research and practices in global supply chain management innovation.
The Institute brings together HKUST’s research excellence and Li & Fung’s industry expertise in supply chain management to drive real-world impact across the region and globally while contributing to Hong Kong’s development into a multinational supply chain management center — a strategic objective highlighted in the city’s latest Budget. It aims to reach these goals by engaging in collaborative research, developing business intelligence through industry research and policy studies, and fostering talent development through customized executive education and partnership programs.
The Institute’s launch ceremony was held on May 24, featuring addresses from officiating guests Mr. Michael WONG Wai-Lun, Acting Financial Secretary of the HKSAR Government; Prof. Nancy IP, President of HKUST; Dr. Victor FUNG, Group Chairman of the Fung Group; and Dr. William FUNG, Group Deputy Chairman of the Fung Group. Check out more at the press release or the event highlights.
Mr. Michael WONG Wai-lun, Acting Financial Secretary of the HKSAR Government (sixth right); Mrs. Regina IP, Convenor of ExCo Non-official Members, and LegCo Member (fifth right); Prof. Nancy IP, HKUST President (fifth left); Dr. Victor FUNG, Group Chairman of the Fung Group (fourth right); Dr. Vincent LO, HKUST Honorary Court Chairman (fourth left); Dr. William FUNG, Group Deputy Chairman of the Fung Group (third right); Prof. Kar Yan TAM, Dean of HKUST Business School (third left); Prof. Hau LEE, Chair of the Institute’s Academic Committee (second right); Prof. Albert IP, HKUST Foundation Chairman (second left); Mr. Spencer FUNG, Group Executive Chairman, Li & Fung (first right) and Prof. Qing LI, the Institute’s Director (first left).
The ceremony was a highlight of the Institute's inauguration summit on the same day, dedicated to the theme “Navigating Global Supply Chain Challenges & Innovation,” and attended by over 150 government officials, lawmakers, business leaders, HKUST Court and Council members and friends of HKUST.
The summit also featured a panel discussion moderated by Prof. Hau LEE, Chair of the Institute’s Academic Committee and the Thoma Professor of Operations, Information and Technology at Stanford University; a presentation by Prof. Li Qing, Director of the Institute, as well as research sharing by HKUST faculty.