IKEA

IKEA had developed its own global distribution network. By utilizing control points in the distribution cycle and control waste, the firm is able to insure timely delivery of products to retail stores all over the world. Radio Frequency Identification (RFID) Radio frequency identification (RFID) is an automated data collection technology. It uses radio frequency waves to transfer between a Reader and an RFID Tag. RFID is a technology that incorporates the use of electromagnetic or…

1 Introduction Tectona Corporation focuses on mid-range furniture. The company manufactures, produces, designs and markets all of their furnitures by using teak wood. Tectona incorporates sleek and elegance in their furnitures to suit the market.Tectona is known for modern architectural designs for various types of furniture and its simplicity in designs. Tectona started out in 2010, when the economy was at it’s peak. There, Tectona made booming sales. It has factories across the world of which…

the prices below the market price, especially less than the competitor’s price. Its products have the same quality as the competitor’s quality but its 50% cheaper than the competitor products. This method is more attractive to the customer because IKEA has managed the quality and the price together, and these two points are what concern the customers buying decisions. This strategy is implemented by reducing the cost of production, and that is achieved by balancing the design, manufacturing and…

and departments are coordinated". (Daft,2006, p.350). At IKEA site (IKEA /GB/EN, 2015) in the part of organization there are the titles of the leaders of IKEA and it obvious that IKEA follows a functional differentiation because there are departments of Retail and Expansion, Human Recourses, Range and Supply, Sustainability, Corporate Communications and Ikea industry. Furthermore in the next page of this link, there is a table of the Ikea Group where are mentioned the main departments which…

Ikea’s approach to sustainability In recent years Ikea has been working on introducing many initiatives that would make their company more sustainable. Already from a customer perspective one could notice that Ikea is going green - we started noticing more environmentally friendly materials, Ikea was encouraging recycling, promoting their initiatives to make their suppliers more environmentally friendly and raising wind turbines by their stores. Even from that limited perspective like a company…

Ikea outsourcing is solely based on the dependency on capacity enable Ikea to reduce capital investments and achieve scale of economies. For instance, Ikea was able to save on procurement costs as compared to glass sourced from rest of the world. Collaboration between Ikea and stakeholders enables high volumes of glass manufacturing in China, thus achieving economies of scale for both…

The space saving furniture which is known as smart furniture is seem to be so famous these days. Many people like to use smart furniture because they like to include in the decor in their house with a comfortable furniture that make their house look modern and also saving the spaces of their house but the fact is it’s expensive. Related to the purpose of this furniture design is to save the space of the house and make the products uniqueness, awesomeness, safe, functional, strong and also make…

Organize Your Garage by Using Your Vertical Space For garage owners, the ideal scenario is to come home from work and park your vehicle inside the garage where you know it will be safe. The more common situation, however, is that the garage is too packed full of your items to fit your vehicle in it. The solution is a simple one, but one that many people often ignore. The vertical space in your garage is perfect opportunity to get your garage organized so you can park in it. The following…

Background: Lego was found by a Danish man named Ole Kirk Kristiansen in 1932. He started with wooden toys as he was with a strong sense of craftsmanship. He then passed the company on to his son and grandson. In 1946 they bought the first plastic injection molding machine to make his toys. However, the plastic toys was not popular as people still prefered wooden toys until 1960 that Lego decided to finally abandoned wooden toys’ production to Plastic completely after the devastating warehouse…

All about Christmas Tree Shop Founded in the 1950s, The Christmas Tree Shop started in a barn in the Cape Cod town of Yarmouthport, Massachusetts. They focused on selling holiday items and Christmas ornaments from May to October. Twenty years after, the shop was bought my Chuck and Doreen Bilezikian who transformed the store into a shop by offering one-of-a-kind items. From there, the store continued to develop and joined the Bath & Beyond family in 2003. Today, there are over 70 Christmas…