Description
Kindly find instructions attached.
1000 Words.
Pick up one company from the following list
• Inditex • VW Wolsfburg • Starbucks • Carrefour • IKEA • Inditex • Unilever • Nestle • McDonald’s • Nike • H&M • Amazon • Samsung
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Running head: INNOVATIVE SUSTAINABLE SUPPLY CHAIN MANAGEMENT
Innovative Sustainable Supply Chain Management-IKEA
Student Name
Institution Affiliation
1
INNOVATIVE SUSTAINABLE SUPPLY CHAIN MANAGEMENT
2
IKEA
1. Brief Description of IKEA
IKEA is a home furnishing retail store that is the largest furniture seller across the
world. Markedly, the furniture store operates approximately four hundred stores in different
nations. Worthy mentioning, the furniture store offers goods that are low priced, sold under
flat-pack compact form by customer's in-home assembly. Notably, IKEA was started in
Sweden in 1943, and it is still flaunting its store exteriors origins, which are decorated in
Swedish flag colors; yellow and blue (Cosmo & Yang, 2017). Besides, the in-store
restaurants commonly serve Swedish dishes, and the products of the company bear Swedish
names, although IKEA’s headquarters are currently in the Netherlands. Most importantly,
shareholders do not own IKEA company; preferably, the organization is controlled by
various operating companies, non-profit foundations, and holding companies (Cosmo &
Yang, 2017). . Remarkably, the complicated corporate organization was developed partly as
a response to high taxation in Sweden. Worthy mentioning, furniture flat-packing was a
vital factor employed in 1956 to help reduce the company's costs and enable the company to
cut prices(Cosmo & Yang, 2017). However, in the 1950s, unhappy competitors of IKEA
pressured manufacturers in Sweden who subsequently stopped supplying the company with
their products and services. Nevertheless, IKEA reacted by introducing its design work
through foreign supplier contact, particularly Poland and Denmark. Later, IKEA started a
manufact...
