Preview

Room & Board

Satisfactory Essays
Open Document
Open Document
749 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Room & Board
Room & Board: A Strategic Case Study Analysis

Strategic Profile and Case Analysis Purpose Room & Board was wholly owned by John Gabbert, who had created it more than 25 years earlier. As a Minnesota-based privately owned company, Room & Board has been known for offering products that combined classic, simple design with high quality handcrafted furniture and giving exceptional service to their customers. Approximately $50 million of revenue a year was generated through Room & Board fully integrated, multichannel sales approach, consisting of its eight national retail stores, an annual catalog and a web site. The purpose of this case analysis is to determine how to institutionalize its way of doing business beyond the life of its founder and how to strengthen its culture and high employees and customer engagement while growing at a rate that sustained its economic health. The situation analysis will examine four factors: the general environment, the industry, competitors, and Room & Board internal environment. The general environmental analysis consist of

Technological Trends Room & Board does not really have any technological advantage over it’s competitors but two advantages it has is giving people a choice of materials used in the product like custom designs in wood and metal materials along with ordering these material ahead of time to cut down on time when a customer does order a product made with certain material in mind.

Demographic Trends Room & Board demographic trends group is nation-wide which include suppliers and customers. More than 85% percent of its furniture is manufactured in America. Room & Board is proud of its commitment for supporting American manufacturers and small, family owned business.
Economic Trends At Room & Board, quality was also about providing value. That value was inherent in the company’s products, which lasted and whose style and design were timeless. Providing furniture that

You May Also Find These Documents Helpful

  • Powerful Essays

    BUS Final Business Plan

    • 5434 Words
    • 22 Pages

    The following paper will clarify the significance of Furniture for You 's vision, mission statement, and values in deciding the organization 's key course. The following will be their main focus:…

    • 5434 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Janmar

    • 752 Words
    • 6 Pages

    100,000 specialty furniture and home furnishing stores, department stores, and mass-merchandise stores in the United States…

    • 752 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Ikea Case Writeup

    • 535 Words
    • 3 Pages

    (3) What are additional features of the IKEA concept (beyond their design process) that contribute to creating exceptional value for…

    • 535 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Edvardsson, B., Enquist, B. & Hay, M. (2006)Values-Based Service Brands: Narratives From IKEA, Managing Service Quality. Vol.16, No.3, p.230-246.…

    • 7197 Words
    • 29 Pages
    Good Essays
  • Good Essays

    Bed & bath furnishings are required by everyone and with the globalization the demand for all types of trendy & stylish bed and bath furnishings has further aggravated. Youth of today wants everything very fashionable & in sync with each other. So, gone are the days when our mothers used to buy the bed & bath furnishings in bulk without noticing its color & designs. This change in the mind set has led to the tremendous growth in the world of bed & bath furnishing market across the world.…

    • 984 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Ikea Invades America

    • 649 Words
    • 3 Pages

    Even though IKEA emphasis on low price, however they still have threat with the discount retailer like Wal-Mart, Home Depot and Costco. In terms of quality, the high end traditional furniture shop emphasis the durability and longevity product. The luxurious store designed the images of affluence, prosperity and comfort. They also provide product measurement, selection and interior design services for consumers. The traditional furniture store also offer free of charge delivery services,…

    • 649 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Li, Y. (2007) IKEA Success in Chinese Furniture, Bachelor Thesis, Jyvaskyla University of Applied Sciences. Retrieved March 15, 2008, from Jyvaskyla University of Applied Sciences digital theses.…

    • 5728 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Manchester Products

    • 1142 Words
    • 5 Pages

    Household furniture products are classified as wood (48%), upholstered (34%), and metal/other (18%). They are then segmented by price and quality. In a survey, Consumers rated that they are more concerned about style, design, quality, and comfort. They are not loyal to one particular brand because 60% of them would switch brands when looking for a replacement. The consumers are also highly involved in the process of purchasing furniture, 60% of them talked to third parties and 70% visited more than one store prior to a purchase. They are also vary significantly on where they purchase their furniture.…

    • 1142 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Ikea Case

    • 2708 Words
    • 11 Pages

    Originating in Sweden, within the early 1940’s, the IKEA home furnishing stores became world renown for offering stylish furniture for home and offices at a very low cost. In the beginning growth stages of the company, IKEA continued to keep its products and operations international and to not customize its products to local markets. By doing this, IKEA was able to continue doing what helps the company to achieve competitive advantage; minimizing costs. As the years progressed and the furniture company grew internationally, IKEA introduced the popular furnishing brand to the United…

    • 2708 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    Assignment #6 IKEA

    • 537 Words
    • 3 Pages

    In order for IKEA to achieve and maintain competitive priorities, they need to have a cost advantage leadership and differentiate their manufacturing, products, and services with high quality. IKEA’s battle plan is “keep making offerings less expensive, without making them cheap. IKEA’s prices are on average 40% less then their rivals. In addition to that, while IKEA’s rivals’ prices tend to rise over time, IKEA reduced its retail prices by a total of 20% during the years 2009 to 2013. That allowed IKEA’s sales in some products to increase by an average of 40%. The reason behind IKEA’s success on maintaining “high quality at a low price” is their smart focused operation strategy. Starting from developing to selling their products, IKEA always use and follow smart Ideas that reduce their operation costs without lowering the quality, thus, reduce prices, increase sales, and increase their market share. Examples of IKEA’s smart Ideas are demonstrated on the answers of the following questions.…

    • 537 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Swedish company IKEA was the world's largest furniture retailer since the early 1990s. It sold inexpensive furniture of Scandinavian design. The company operated in 55 countries with a workforce of 76,000. IKEA offered nearly 12,000 items to the home furnishings market worldwide. It sold a wide range of products including furniture, accessories, bathrooms and kitchens at 186 retail stores in 30 countries across Europe, North America, Southeast Asia, Middle East and Austral. IKEA is well known for its unique concept, low price, wide range of product and flat packing.…

    • 5355 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Ikea has been able to provide customers with a wide portfolio of good quality furniture for relatively low prices by making use of co-creation. To be more specific, Ikea incorporated customers in their production process, outsourcing the furniture’s assembly process to the customer, a form of co-production. This higher valued product offering has in turn, increased Ikea’s sales and lowered its labor costs.…

    • 530 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    ikea

    • 527 Words
    • 3 Pages

    Anyone can make good-quality products at a high price, or poor-quality products at a relatively low price. In order to manufacture quality products at low prices, there IKEA develops needs to be a need to methods that are both cost-efficient, cost-effective and innovative. This is what IKEA have been doing since its beginnings in Småland, Sweden. They maximise the use of raw materials and also production adaptation, while meeting people's needs and preferences meant that IKEA’s expenses will always be low. The IKEA way of doing things is to pass these savings in cost on to the customers.…

    • 527 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    IKEA

    • 5447 Words
    • 16 Pages

    rise over time, IKEA says it has reduced its retail prices by a total of…

    • 5447 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    Manchester Products

    • 903 Words
    • 4 Pages

    Brand Transition Strategy Britt Miller and Rebecca Orsher EXECUTIVE SUMMARY • Background: Acquisition of Paul Logan Home Furniture Division – Add strengths of design, brand awareness, market leadership, distribution channels • Problem: Design a brand transition strategy to transfer Paul Logan brand to Manchester Home • Analysis: 5 “Cs” • Recommendation: Gradual transition first linking Paul Logan to the Manchester name to build brand awareness then phasing out Paul Logan once target brand awareness has been reached as measured by another target consumer survey – Utilize both push and pull marketing strategies to drive distribution channels and consumers ACQUISITION BACKGROUND & OVERVIEW MANCHESTER • • • • • • Leading manufacturer of premium office furniture Revenues $2.33 billion in 2004 Home lines currently include Recliner, Home office, Media/Entertainment furniture Home sales expected to grow 30% in 2005, from $260 million Want to leverage manufacturing expertise and production capacity into household furniture…

    • 903 Words
    • 4 Pages
    Satisfactory Essays