IKEA retailing with its Sweedish roots, is based on a franchise system. Inter Ikea system BV is located in Delft, the Netherland being the owner and franchiser of the concept IKEA. (www.ikea.com) The company aims to sell furnitures for 10 to 30 percent less then other stores ( source - stevension ). Every Ikea employee still follows the vision quotes of Ingvar Kampard " to create a better everyday life for many people".
During 2010 global sales as reported were 23.1 billion. It took long time and careful planning for Ikea to offer sophisticated products to customers at reasonable price. According to slack operation (2010) management deal how company manage its operation production and sales being two important part of it. Ikea embracing the idea of operation management creates and implements strategies in a way that the requirements of the customers and satisfied in optimum level. This report shows how IKEA thought being an outsder have reacted all common man 's house and has creates its own place among the necessary items of their lives. This report represents how of corporate performance objectives of IKEA are presented base on customers needs.This report also identify the process type of IKEA and evaluates it in the context of how it meets the corporate performance objectives of it. Beyond furnishing and furniture IKEA has diversified the idea of prefabricating housing. IKEA Operations
The operations management of IKEA focuses on design and management of product, services, products and supply chain. IKEA also considers the acquisition, development and utilisation of resources that is to be delivered through good and service that their clients wants.
The purvey of IKEA operation management ranges from strategic to tactical and operational levels. So in nutshell the arena