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IKEA: Procurement &

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Baha ElDabel

on 15 September 2013

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Transcript of IKEA: Procurement &

IKEA: Inventory & Sourcing
Conclusion & Recommendations
Supplier contracts
Inventory management & technology
Investing in future supplier relationships
Competitive strategy
Successful supply chain in the world
Supply chain planning
Competitive advantage
Procurement process

- Strategies & Inventory Management
- Sourcing & Suppliers
- Recommendations & Conclusion

Inventory Management
Demand and sales planning
Retail store replenishment
Inventory technologies
Sourcing & Suppliers
Cost minimization
1800 global suppliers - 50 manufacturing
Agreement, payment within 30 days
Responsive Spectrum
Sourcing & Suppliers
No home delivery/assembly
Reduce lead time
Current sourcing strategy
To achieve competitive strategy
Competitive Strategy
“IKEA’s goal is to roll out more efficient products so that the world’s emerging middle class, and even the poorest consumers, can afford them”
- Steve Howard, Chief sustainability officer IKEA
Full transcript