Love it or hate it, IKEA is the most successful furniture retailer ever With 276 stores in 36 countries, they have managed to develop: Production and Operations Management Case Study, UniKL, Malaysia

School

Universiti Kuala Lumpur (UniKL)

*We aren't endorsed by this school

Assignment Type

Individual Assignment

Subject

Production and Operations Management

Uploaded by Malaysia Assignment Help

Date

21/12/2021

Love it or hate it, IKEA is the most successful furniture retailer ever. With 276 stores in 36 countries, they have managed to develop their special way of selling furniture. Their stores’ layout means customers often spend two hours in the store – for longer than in rival furniture retailers.

IKEA’s philosophy goes back to the original business, started in the 1950s in Sweden by Ingvar Kamprad. He built a showroom on the outskirts of Stockholm where land was cheap and simply displayed suppliers’ furniture as it would be in a domestic setting.

Increasing sales soon allowed IKEA to start ordering its self-designed products from local manufacturers. But it was innovation in its operations that
dramatically reduced its selling costs.

These included the idea of selling furniture as self-assembly flat packs, which reduced production and transport costs, and its ‘showroom-warehouse’ concept, which required customers to pick the furniture up themselves from the warehouse. Both of these operating principles are still the basis of IKEA’s retail operations process today.

Get 30% Discount on This Assignment Answer Today!

Get Help By Expert

Are you looking for professional case study writing help for your Production and Operations Management Case Study? Then, Malaysia assignment help have a huge team of professional writers. Who are talented and knowledgeable to develop a unique case study at a cheap price.

Answer

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
Convincing Features
Plagiarism Free Report
On-Time Delivery
Native Writers
A+ Quality
100% Confidential
24*7 Online Assistance

Get these features included in Your Assignment

Get Assistance for Assignments, online Exam, and Projects Writing