This slide was prepared by me, for my term paper presentation on IKEA's operations management.
Slide comprises of a brief company overview with its mission & vision, global outlet locations, product lines, key aspects of operation functions, swot and conclusion.
All information were collected from secondary sources.
This report express you the service marketing strategies used by the IKEA, the furniture franchiser to be success. This covers the scope of the business, strategies used by them and final conclusion about their strategies. I suggest you to read about the entrepreneur's life story as it is an inspirational story to all others who have big dreams with their lives.
This slide was prepared by me, for my term paper presentation on IKEA's operations management.
Slide comprises of a brief company overview with its mission & vision, global outlet locations, product lines, key aspects of operation functions, swot and conclusion.
All information were collected from secondary sources.
This report express you the service marketing strategies used by the IKEA, the furniture franchiser to be success. This covers the scope of the business, strategies used by them and final conclusion about their strategies. I suggest you to read about the entrepreneur's life story as it is an inspirational story to all others who have big dreams with their lives.
Ikea Invades India - Market Research report on entry strategy in IndiaManeesh Garg
Market Research Report on - Entry Strategy of IKEA in India based on case study "IKEA Furniture" by Harvard Cases.
To get a copy of this report, share your views about the presentation with your email id in Comments section... I keep on updating my presentations and documents. To ensure that you don't miss any update or new upload don't forget to press the "FOLLOW" and "LIKE" button. You can also mail me at manigarg21@gmail.com
Ikea, building a sustainable supply chain Radu Acalfoaie
IKEA strategy is to control and coordinate the value chain from raw material, production and range development to distribution in the stores. Their vertical integration including the backward integration of the manufacturing arm Sweedwood and extension of their activities from furniture factories to control raw materials, saw mills, board suppliers and other component factories.
They have used life cycle analysis of products through the supply chain to determine purchasing, manufacturing and consumer strategies.
That makes the supply chain management one of the most important functions in the company and a triple-bottom-line approach has increased economic profit while reducing social and environmental loses.
IKEA triple-bottom-line approach consists from:
• Economy/profit
• Ecology/planet
• Equity/people
Comparison of Marketing Mix of IKEA in Four CountriesFatima Arshad
Report Contains Marketing Mix of IKEA. In this report there is comparison of 4Ps of IKEA in Four Countries i.e Sweden, UK, China and India.
This report is result of the efforts of four people.
Ikea Invades India - Market Research report on entry strategy in IndiaManeesh Garg
Market Research Report on - Entry Strategy of IKEA in India based on case study "IKEA Furniture" by Harvard Cases.
To get a copy of this report, share your views about the presentation with your email id in Comments section... I keep on updating my presentations and documents. To ensure that you don't miss any update or new upload don't forget to press the "FOLLOW" and "LIKE" button. You can also mail me at manigarg21@gmail.com
Ikea, building a sustainable supply chain Radu Acalfoaie
IKEA strategy is to control and coordinate the value chain from raw material, production and range development to distribution in the stores. Their vertical integration including the backward integration of the manufacturing arm Sweedwood and extension of their activities from furniture factories to control raw materials, saw mills, board suppliers and other component factories.
They have used life cycle analysis of products through the supply chain to determine purchasing, manufacturing and consumer strategies.
That makes the supply chain management one of the most important functions in the company and a triple-bottom-line approach has increased economic profit while reducing social and environmental loses.
IKEA triple-bottom-line approach consists from:
• Economy/profit
• Ecology/planet
• Equity/people
Comparison of Marketing Mix of IKEA in Four CountriesFatima Arshad
Report Contains Marketing Mix of IKEA. In this report there is comparison of 4Ps of IKEA in Four Countries i.e Sweden, UK, China and India.
This report is result of the efforts of four people.
This presentation briefly will elaborate how IKEA has adopting Porter's Five Forces and Value Chain Analysis in order to maintain its competitive edges over its rivals in furniture market all over the globe by providing good quality furniture at a lower price tag. Hence by bringing in innovative design, improved functionality, low cost operating expenditures and offering excellent quality at lower prices, IKEA's has proved to be a success.
This case study is about a multinational company which sells ready to assemble furniture and home accessories. According to the economics records as at 2008 this is the world largest furniture retailer. (Forbes, 2013)
This report describes about the main strategies which IKEA use to approach to different markets with different consumers and with them IKEA has evolved into the largest furniture retailer in the world with approximately 300 stores in 38 countries and revenues topping $21.5 billion in 2009. Its top countries in terms of sales include Germany, 16 percent; United States, 11 percent; France, 10 percent; United Kingdom, 7 percent; and Italy, 7 percent. (Business week, 2005)
According to the final decision IKEA has made a different way of shop for furniture with the time develops and it has reach to the expectations of its customers according to their expectations.
Finally, in the conclusion of the report shows the final view of the researcher about the finding regarding to the IKEA strategies throughout the research and final judgment which make about the given case.
Q1: What was the source of IKEA’s Competetive advantage at that time?
Q.2 IKEA’s expansion into Europe
Q.3 IKEA’s strategy prior to its missteps in North America.
Q4. IKEA’s strategy towards its suppliers
Assignment on Case- IKEA: DESIGN AND PRICINGanonymous
SUMMARY / BACKGROUND OF THE CASE
IKEA Swedish retailer
Dominates markets in 32 countries.
Corporate Mantra: “Low price with the meaning”
Good quality at a low price.
30-50% below competitors
Last 4 years – Retail prices reduced by 20%
Abstract
The idea of an Efficient Market first came from the French mathematician Louis Bachelier in 1900: « The theory of speculation ».
Bachelier argued that there is no useful information in past stock prices that can help predicting future prices and proposed a theory for financial options’ valuation based on Fourier’s law and Brownian’s motions (time series).
Bachelier’s work get popular in the 60s during the computer’s era.
In 1965, Eugene Fama published a dissertation arguing for the random walk hypothesis (Stock market’s prices evolve randomly: prices cannot be predicted using past data).
In 1970, Fama published a review of the theory and empirical evidences
The EMH (Efficient Market Hypothesis): Financial markets are efficient at processing information. Consequently, the prices of securities is a correct representation of all information available at any time.
Weak:
Not possible to earn superior profits (risk adjusted) based on the knowledge of past prices and returns.
Semi-strong:
Not possible to earn superior profits using all information publicly available.
Strong:
Not possible to earn superior profit using all publicly and inside information.
The CAPM describes the relationship between market risks and expected return for a security i (also called cost of equity), E(Re_i):
Re_i = Rf – Bi(Rm – Rf)
With:
Rf = Risk free rate (typically government bond rate)
Rm = Expected return for the whole market
Bi = The volatility risk of the security i compared to the whole market
(Rm – Rf) is consequently the market risk premium
According to the EMH, for a well-diversified portfolio, expected returns can only reflect those of the market as a whole. Consequently, in the CAPM formula, It would involves that for a diversified-enough portfolio: β = 1 so Re = Rm
Investors want to value companies before making investment decisions.
A typical way to do so is to use the Discounted Cash Flow (DCF) method:
See also: Prospect theory, disposition effect, heuristic, framing, mental accounting, Home bias, representativeness, conservatism, availability, greater fool theory, self attribution theory, anchoring, ambiguity aversion, winner's curse, managerial miscalibration and misconception, Equity premium puzzle, market anomalies, excess volatility, Bubbles, herding, limited liabilities, Fama French three 3 factors model.
Situation of the chinese real estate market (market, hukou, construction and urbanization, loans and morgages, shadow banking, Income levels ratio to rent and sales, Challenges) presentation powerpoint
Abstract:
17% annual growth rate on average (2004 - 2013)
Hukou system
Resident card for Chinese cities;
Allows access to public services (e.g. schools), plate numbers (driving) and other benefits (retirement pensions, healthcare).
Easy to obtain for graduates and household owners, not for unqualified migrant workers;
Intend to control rural emigration;
Generates inequalities between rural and urban populations;
Gives incentives for wealthy people from rural areas to invest in big cities’ real estate in order to upgrade their Hukou.
Oversupply
Overall vacancy rate estimated between 22% and 27% in 2015*.
Between 20 and 50 « ghost cities » (vacancy rates between 50 and 90%)**
Amplified by:
1- Low interest rates on loans and mortgages;
2- Need for local governments to finance themselves by selling lands.
3- Strong growth of housing prices vs low rental returns leading to speculation (buy, keep new & eventually resell).
Fluctuations explained by changes in government’s regulations between low to high interest rates.
Both factors have created a surge in construction rates and fast increases of market price leading to speculation.
Financing
Household debt-to-GDP : 47% in 2017 vs 39% in 2015 (Corporate debt 169%)
Household consumption : 37%, vs 70% in the U.S. (Tham and Chaterjee, 2017)
Local governments (LGs) debts at +120% between 2010-2014 (even if Beijing forbid them to raise large amounts of money).
rely for 35% of their GDP on the sales of lands.
Shadow banking
Down payment for obtaining a mortgage in China: 20% to 40%
Individuals borrow founds from unregulated shadow banks and use it as down payment for their mortgage (leveraged debt) in order to access property.
Intermediaries: Property developers, real estate agencies, and P2P lenders provide loans, package them and sell them as wealth-management products, to millions of individual investors. (Huang, 2016).
(Short-term household loans +243% (1.6 trillion RMB) in the first 10 months of 2017).
As real estate is recently showing signs of downturns, local governments have borrowed money from state banks, bond markets and lightly regulated underground institutions to repurchase lands.
Description of the chinese stock market and its mechanisms: Shenzhen stock exchange, Shanghai stock exchange, trading rules, structure of the chinese equity market, size (2019), types of orders, circuit breakers and special mechanisms, T+0 and T+1 rules and discussion
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Unveiling the Secrets How Does Generative AI Work.pdf
Ikea's supply chain 2018
1. 工作报告 POWERPOINT
ANNUAL REPORT POWERPOINT
汇报人：优品PPT Report Person: 1ppt.com
201X
Group 4:
Arthur MEUNIER – 1701213825
Abdalla YASIN – 1802202010
Kevin PIECHATZECK -1802010221
Ekaterina PETER - 1701213795
2. History
01
02
03
04
Created in 1943 by Ingvar Kampar (at the
age of 17) in Sweden
Ingvar
Kamprad
Elmtaryd (farm where he grew up)
Agunnayard (His hometown).
Was initially selling small items like
pens, belts, accessories… Started
to sell furnitures and home
appliances in the 50s
In the 60s: First stores outside
Sweden
3. History
05
06
07
08
Famous for its furniture designed to be
assembled by the customers themselves,
allowing drastics price cuts (Labor and
transportation)
Modern designs associated with eco-
friendly concepts
In 2017: IKEA operates 415 stores
in 49 countries
Fully owned by INGKA HOLDING
(Netherland) since 1982
5. 请替换文字内容，添加相关标题，修改文字
内容，也可以直接复制你的内容到此。请替
换文字内容，添加相关标题，修改文字内容，
也可以直接复制你的内容到此。
点击请替换文字内容
Business strategy and competitive advantage
Strategy/Vision:
Design and develop
products which can
satisfy consumers
everyday’s needs
and keeping
attractive prices.
Competitive
Advantage
Cost
savings in
furniture
design
Sustainable
relationship
s with
suppliers
Do-It-
Yourself
assembly
lowers
packaging
costs
Streamlinin
g the IKEA
supply
chain
Usage of
high-flow &
low-flow
warehouse
facilities
The IKEA
Code of
Conduct –
IWAY
Customers
and
Suppliers in
Focus
6. Simplified SC Organization
IKEA HQ
Design
ManufacturingSourcing & QC
Logistic &
Distribution
Sales
Manufacturing facilities
in 10 coutries:
- China,
- France,
- Hungary,
- Lithuania,
- Poland,
- Portugal,
- Russia,
- Slovakia,
- Sweden,
- USA.
19,000 co-workers.
Sourcing:
- Wood
- Steel
- Textile
- Electronic
- Steel parts
Mostly in Asia and East
Europe.
1,350 suppliers in 52
Countries (= local buyers
network).
Economies of scale
Logistic:
- Optimize the value
chain.
- Reduce transportation
costs.
- Control lead times.
- Manage inventory.
Economies of scope
Sales:
- Marketing/Ads
- Analyze customer’ tastes
- Forecast demand
- Strategic planning
Assist design
10. Good’s lifecycle
Design new products
Manage catalogs
Select suppliers
Forecast demand
Follow production
Set sales objectives
Define strategy
Materials’ selection
and availability
Supply production
Cost control
Sourcing
Headquarters
Manufacturing
Distribution centers
Retail (offline)
Retail (online)Mass production
Ergonomy
Lean manufacturing
(5S – 6 Sigma)
Packaging
Inventory follow-up
Back-up local stores
or deliver customers
Directly (2007).
Secure lead times and
Replenishement
Manage expeditions
and delivery.
Exclusive shops
Display catalogs
Gather data about sales
Inventory control
Large cities location
New (2015)
No Inv (demo only)
Take order on catalog
Pick-up points for
online sales
Smaller cities location
External
Stackeholders
11. Managing Logistic: IKEA’s IT system and big data
Suppliers
Headquarters
Manufacturing
Distribution
Retail (offline)
Retail (online)
Integrated IT softwares:
- Inventory management
- Logistical support
- Enhanced communication
- Facilitate flows of products
- Reduce leadtime
- Decrease bullwip effect
- Analyze sales and
customers preferences.
12.
13. Implantations (2017)
NORTH AMERICA
56 stores
8 Stores + 5 customers
distribution centers
7 pick-up points
EUROPE
HQ
242 stores
16 Stores + 18 customers
distribution centers
15 pick-up points
RUSSIA
14 stores
1 Store distribution
center
ASIA
33 stores
5 Stores distribution
centers
3 pick-up points
AUSTRALIA
10 stores
1 Store distribution
center
17. Closer look to the SC competitors in China
Supplier
•Economies of
scale
•Advantage:
bargaining
power for
cheaper and
better quality
materials
Design
•An increasing
competition
from
companies that
imitate the
design
Manufacturer
•Jiayimei – a
former OEM
manufacturer
of IKEA
produces
almost exact
copies
Distributor
•Alibaba Group
plays either
distributors or
retailers role
for ikea-like
manufacturers.
Retailer
•Online
shopping
platforms with
the highest
growth rate in
furniture sector
– Taobao,
JD.com, Tmall
18. China: threat for the design part
Online selling platforms’
market review show that
some companies are
copying IKEA’s designs
(or have similar ones).
It might be challenging
especially regarding the
consumption patterns in
China
19. China: threat for the retailer side
In China nowadays:
- Sales mostly made online;
- Cashless society;
Consequently, market
penetration, distribution &
supply chain are evolving in a
different direction
Less needs for physical shops
as promoted by IKEA’s
SUPERSTORES business model.
20. Conclusion
Challenges ahead especially regarding Emerging markets:
1- Competition’s management;
2- Market penetration & positionement;
3- Sales and distribution models;
As for International brands which succeeded global expansion, IKEA
will most likely have to adapt its business model to its different markets
(especially Asian markets) in order to reach and maintain leadership
positions.
