Supply Chain System of IKEA
| Supply chain system of IKEA | SCM TERM PAPER | | Annika Albuquerque | [Pick the date] |
|
Contents INTRODUCTION 3 BACKGROUND NOTE 4 MANAGING SUPPLY CHAIN 7 SUPPLY CHAIN PLANNING 8 SUPPLIER RELATIONSHIP MANAGEMENT 9 WAREHOUSE MANAGEMENT 11 STORE DESIGN 12 THE ROAD AHEAD 14 Exhibit I 15 Note on IKEA Way of Purchasing Home Furnishings (IWAY) 15 Social & Working Conditions 15 Environment and Forestry: Suppliers must agree to: 15 IWAY Implementation: 15 Support and Monitoring: 15 Exhibit II 16 HOLISTIC VIEW OF IKEA 17 ORGANIZATION STRUCTURE AT IKEA 17 References and Suggested Readings: 18
IKEA’S COST EFFICIENT SUPPLY CHAIN
On January 01,2009, Modern Material Handling announced that IKEA (IKEA), world’s largest furniture retailer4, had won the Modern s Productivity Achievement Award5 for the Warehousing/Distribution segment for the year 2008-09.Founded in 1943, in Sweden, IKEA focused on offering a wide range of good quality, stylish, well-designed, and functional furniture at a low cost so that more people could afford it. IKEA kept cost reduction at the center of any decision making. It made efforts to improve its internal supply chain processes like packaging, warehousing, and transportation which contributed to its cost cutting objective. Its most differentiating factor was its flat packaging system which had significantly improved its operational efficacy
INTRODUCTION
On January 01, 2009, Modern Material Handling announced that IKEA Group3 (IKEA), world s largest furniture retailer4, had won the Modern s Productivity Achievement Award for the Warehousing/Distribution segment for the year 2008-09. Founded in 1943, in Sweden, IKEA focused on offering a wide range of good quality, stylish, well-designed, and functional furniture at a low cost so that
|
Contents INTRODUCTION 3 BACKGROUND NOTE 4 MANAGING SUPPLY CHAIN 7 SUPPLY CHAIN PLANNING 8 SUPPLIER RELATIONSHIP MANAGEMENT 9 WAREHOUSE MANAGEMENT 11 STORE DESIGN 12 THE ROAD AHEAD 14 Exhibit I 15 Note on IKEA Way of Purchasing Home Furnishings (IWAY) 15 Social & Working Conditions 15 Environment and Forestry: Suppliers must agree to: 15 IWAY Implementation: 15 Support and Monitoring: 15 Exhibit II 16 HOLISTIC VIEW OF IKEA 17 ORGANIZATION STRUCTURE AT IKEA 17 References and Suggested Readings: 18
IKEA’S COST EFFICIENT SUPPLY CHAIN
On January 01,2009, Modern Material Handling announced that IKEA (IKEA), world’s largest furniture retailer4, had won the Modern s Productivity Achievement Award5 for the Warehousing/Distribution segment for the year 2008-09.Founded in 1943, in Sweden, IKEA focused on offering a wide range of good quality, stylish, well-designed, and functional furniture at a low cost so that more people could afford it. IKEA kept cost reduction at the center of any decision making. It made efforts to improve its internal supply chain processes like packaging, warehousing, and transportation which contributed to its cost cutting objective. Its most differentiating factor was its flat packaging system which had significantly improved its operational efficacy
INTRODUCTION
On January 01, 2009, Modern Material Handling announced that IKEA Group3 (IKEA), world s largest furniture retailer4, had won the Modern s Productivity Achievement Award for the Warehousing/Distribution segment for the year 2008-09. Founded in 1943, in Sweden, IKEA focused on offering a wide range of good quality, stylish, well-designed, and functional furniture at a low cost so that
References: 5. Optimizing Outdoor Logistics, www.logisticsit.com, May 03, 2006. 6. Bob Terbilcock, IKEA Thinks Global Acts Local, Modern Materials Handling, February 01, 2008. 7 1. Jason Jennings, Less is More: How Great Companies Improve Productivity without Layoffs, Portfolio Trade, December 30, 2003.