Friday, May 3, 2019

CASE review Study Example | Topics and Well Written Essays - 500 words

Review - Case Study recitationmanufacture of its article of furniture seeking to reduce costs at finished relations with suppliers in efficient labour countries and sourcing different parts from different countries. The other way in which IKEA was very involved in furniture manufacture is through IKEAs engineers determining the kind of materials to use ensuring high quality merely at the lowest cost.Selection and manufacture of the best furniture were achieved through the internal competition of IKEAs ten designers and freelancers allowing IKEA to have the best designs in the market. Flat Packaging is the other pregnant point for IKEA in several aspects including reduced costs in shipping and labour and allowed IKEA to meet consumer need for low-cost furniture augmenting its market share and providing more success in both domestic and international markets. Another important factor for IKEAs success is bright and inviting large (15000-35000 square feet) showrooms with huge pric e tags on the furniture and model rooms for the consumers increasing visibility.Listening to customer complaints allowed IKEA to overcome challenges in the American market through the incorporation of designs and product specification including measurement in inches and augmenting product size to fit American tastes and preferences. Having a self-service ethos through self-assembling of furniture, well explained pricing and specification in stores, and self-service strollers are well envisaged in IKEAs business allowing for low-cost production and supply.Johnson developed original ideas for the success of J.C. Penny but demonstrate a lack of foresight and thinking in terms of operations, finance, and logistics that could have been the cause of his failures. He brought newfangled designs and strategies that could have been more successful through the Fair and Square strategy if he envisioned its exploitation with better thinking on operationalizing the plans without much impact an d changes to the loyal customer

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