IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor Ethics in Business and Society Professor Stephen Griffith Otis West Tuesday‚ November 6‚ 2012 IKEA is the world’s largest furniture store that offers well-designed‚ functional home furnishing products at low prices. The store offers home furnishings to meet the needs of everyone. The company vision is to create a better everyday life for the many people. Ikea is able to back their vision with their products and prices. In additional
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IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor Jordan de Jong Case Study _ The case I will analyze and discuss in this case study is “IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor”. I will begin with the vision‚ values‚ and strategy of IKEA and an internal analysis of
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forecast‚ of which‚ allowed low risks. This allowed visibility of Holy Grail‚ which was also ideal for the supply chain evolution. In parallel‚ this applied to certain types of regulatory and legal requirements that of which Seagate faced in their global operations and supply chain management. This involves implications of foreign corruption act‚ in which Seagate ensures compliance with all regulatory requirements. Seagate also ensures they adhere to ethical labor practices employed in various
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Mattel’s Chinese Sourcing Crisis of 2007 Regarding to this case study there are three parts involved‚ which are the Mattel Company and the Chinese manufacturer‚ the regulation party of Chinese authority and the governments of America and China. To each part it relates to one of the issues that involve in this case study. The first issue that was found in this case is the reputation crisis of Mattel worldwide and its sourcing failure. The failure of their partner of using over level lead paint
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IKEA’S GLOBAL SOURCING CHALLANGE: INDIAN RUGS AND CHILD LABOUR Barner‚ IKEA’s business area manager for carpets‚ must decide how to handle the child labor issue. She learned that a German television would soon air a documentary showing children working at looms at Rangan Exports‚ one of IKEA’s major suppliers. Moreover‚ the producer invited IKEA to send a representative to take part in a live discussion. The first question is whether to recommend that IKEA participate in the program or decline
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Mattel’s Chinese Sourcing Crisis of 2007 As globalization continues‚ and supply chains expand across the globe‚ how does a company like Mattel assess the risks associated with the way it does business? Bob Eckhart‚ CEO of Mattel (US)‚ had a problem Mattel had discovered on July 30 that a number of its toys manufactured in China contained lead paint The following month had seen a series of recalls‚ rising political tensions between the United States and Chinese governments‚ and a suicide
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11/02/2013 IKEA’S global sourcing challenge: Indian rugs and child labor 1. How should Marianne Barner respond to the invitation for IKEA to have a representative appear on the upcoming broadcast of the German video program? Marianne Barner is the business area manager for carpets in IKEA faced with the decision of cutting off one of the company’s major suppliers of Indian Rugs. According to Barner‚ “German-produced program planned to take a confrontational and
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COMPUTING NPV and IRR PCP Pj vs STATUS QUO STRYKER Case decrease in purchases from contract manufacturers less incremental Stryker manufacturing costs Operating income from project less architect and engineering fees pre-tax income less taxes at 36% After-tax income add back Building depreciation add back Equipment depreciation add back It & other equipment depreciation Subtotal plus NCW Savings Subtotal Cash Flow Terminal Value‚ at book value Hurdle rate Discount factor at 15% PV of Cash Flows Sum
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technology and automated garment construction techniques. Busy lifestyles‚ easy home laundering and workplace changes have encouraged a more relaxed attitude to clothing in many situations. Dress adapted to meet these needs. Assessing a decade of fashion so close in time is complex. In terms of costume history it’s only after a trend has been around for several years we can acknowledge that it’s more than a passing fad and deserves recognition in the archives of history. We each see what we ourselves
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on range development 6 Part 2: The Sourcing plan 6 Sourcing Location 6 Continuity product 7 Seasonal product 7 Short-Seasonal product 8 Supplier Relationships 8 Continuity product 8 Seasonal product 9 Short-Seasonal product 10 Production Activity Control 10 Bibliography: 12 Ralph Lauren Introduction Ralph Lauren is one of my personal favourite brands and the reason to why I have chosen to write about this fashion company. To me it feels natural to think
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