The case “IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor (A)” is about IKEA’s development from a backyard company to one of the world’s largest furniture retailers‚ which has to deal with the issues of child labor and how they should behave considering economical issues and the company’s policy! Conclusions made in this study are only based on the facts given in the case‚ considering pros and cons of an action. How should Marianne Barner respond to the invitation for IKEA to have
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Report On PROCUREMENT AND SOURCING: Contribution to the supply chain Submitted By Zohaib Rauf (Reg. :MBA -13409) Hasnain Haider (Reg. :MBA -5871) Supervisor Dr. Masood JANUARY 20‚ 2009 For the subject: Supply Chain Management Class ID: 5055 Timings: Monday / Thursday 3-6 pm 1|P a ge Letter of Transmittal July 8th‚ 2009 Dr. Masood‚ Project Supervisor‚ Iqra University Dear Sir: We are submitting our report on “Procurement and sourcing: contribution to the supply
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In modern procurement‚ sourcing aims at collecting and analyzing information about capabilities within the market to satisfy the organization’s requirements‚ such as obtaining updated cost information and appropriate supplier qualification criteria as well as identifying alternative products in the market. A through sourcing process in procurement or supply chain management leads to identification and subsequent invitation of relevant suppliers as well as ensuring maximum competition. It can as well
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IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor (A) and (B) Questions to the (A) case: 1. Marianna Barner should decline the invitation for IKEA to have a representative appear on the upcoming forecast of the German video program. The producers of the documentary invited them to take part in a live discussion during the airing‚ and while this offer does sound beneficial for IKEA to educate the public and the producers of the current efforts taken to fight child labor‚ it would not be
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Case: Scotts Miracle-Gro (the Spreader Sourcing Decision) 1. What are the strategic risks and benefits of outsourcing production of the Temecula plant to contract manufacturers in China? Benefits • Significantly low cost supply from contract manufacturers: Labor‚ electricity (government subsidy)‚ overhead Risks • Some costs are expensive: freight cost from China‚ inventory (lead-time increase because of shipping)‚ and quality control (testing shipped products from China in the US require some
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1. What drove the sourcing decisions on the part of all three business organizations described in the case studies for this session? Business Reasons Behind Sourcing Decision Southwest Bank - outsourcing Devote more time and effort into research & development Allow an expert to specialize in IT needs Lower the cost of IT Focus on and excel in core business processes Reliable Utilities - partnering Over all need for staff to deploy and maintain mapping systems Need for partner that could dispatch
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Traditional sourcing of production to third party suppliers has the benefit of being more cost efficient and the VF choses between a numbers of suppliers in different locations based on labor and transportation costs‚ tariffs and trade quotas. Suppliers functioned on razor-thin margins‚ which made them invest little in new technology and productivity improvement of the product process. If they were to encounter technical issues or problems‚ they generally added more labor or scheduled overtime.
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Proposal Case: IKEA Global Sourcing Challenge: Indian Rugs and Child Labor Summary In this case‚ it is known that IKEA ’s procurement model is the mode of global sourcing. IKEA products are shipped to the 26 distribution centres from the trade area after procurement‚ and then delivered to the shopping malls in the world. IKEA ’s procurement philosophy and assessment of suppliers mainly include four aspects: continuous price improvement; strict supplier performance and service levels;
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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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Report 2010 Sourcing Industry Hong Kong Salary Report 2010 SECTOR TRENDS – RETAIL & SOURCING Hong Kong’s retail sector has been affected by the global economic crisis. Hiring activity remains subdued in the aftermath of store closures‚ shelved expansion plans and the weak trading results of major brands. The position is different in mainland China‚ where major retail brands continue their growth. The demand from global retail‚ manufacturing and trading companies for sourcing skills remains
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