Supply chain management of IKEA
Table of content
Executive summary 2
IKEA supply chain and background 2, 3
Strategy and market 4
Process structure in terms of information, inventory, transportation and location 5
Problems and weaknesses 6
How can they restructure the problem 6, 7
IKEA is a multinational corporation with Swedish origin. They retail furniture and some other objects for home and home decoration at a low price, so as many people as possible will be able to afford them and with high quality. The IKEA brand belongs to a foundation in the Netherlands.
It is one of the furniture producers, and is considered one of the most prestigious and innovative. They have 298 stores in 37 countries, and each IKEA store holds more than 9,500 different products. IKEA commits to a catalog of products stocked for a year at a guaranteed price.
As a result of the large product variation they face the risk of creating excess or obsolete inventory.