Logistics and Operations Management of IKEA Company Logistics and Operations Management of IKEA Company Essay This paper draws on the model that operations and logistic management form the base of any organization with its mission geared towards efficient production and distribution of goods and services in the right quantity and quality as well as in the right place and at the right time. In the business environment, organizations draws on the strategic models of logistics and operations management to make valuable contributions towards design, implementations and system management for the deployment of physical facilities, personnel, in-process inventories, raw materials as well as finished gods and services in the most efficient way.
Logistic and Operation Management Introduction Logistic and operation management Logistic and operation management is one of the important field for an organization for the purpose of product development, quality management, and logistic information system and personnel management.
There are number of tools and techniques which can be used by operation manager of an organization for attaining performance objectives of the company Dekker, Bloemhof and Mallidis, The current research project is based on logistic and operation management of an international organization of UK.
Regarding this, research has been chosen IKEA which is a multinational group of companies that design and sell ready and assembled furniture in all over the world. This organization also focuses on logistic and operation management at the time of manufacturing different products and services and managing quality as well Fitzsimmons and Fitzsimmons, The current report will focus on planning and control activities of the organization which play important role in attaining performance objectives.
Study will recommend appropriate strategies for aligning planning and control activities with performance objectives. You share your Assignment Ideas We write it for you! Regarding this organization need to focus on different types of planning and control activities such as long term, medium term and short term Bozarth and Handfield, Evaluation of the planning and control activities of IKEA for attaining all performance objectives is described as under: Long term planning and control Long term planning and control activities are based on mission, vision and long term objectives on IKEA.
These objectives are described as follows: To maintain sustainability in different activities of operation and logistics management.
Opearation Managment Assignment help on: A Case Study on DFS and IKEA’s Operations Management. Executive Summary. IKEA is a privately held Sweden-based furniture manufacturer which specializes in making ready-to-assemble furniture like bed, chairs, sofa and international home products. Free Essays on 10 Operations Management Decisions Ikea for students. Use our papers to help you with yours 1 - Subject Area - Management Ikea Operations Management How Does Ikea Approach Operations Management? The main purpose of this paper is to focus on the how IKEA Company approached its operation.
For attaining these objectives in effective manner IKEA focuses on appropriate activities of planning and control. For reducing the extra cost company is using activity based costing which helps in allocating all resources in optimum manner which plays important role in reducing operating cost of the organization.
It is a long term planning process so, IKEA focuses on monitoring and controlling of each and every activity of the plan. Reduction of extra cost increase the net income which leads high profitability. To be a market leader organization has developed a plan to introduce new furniture product in the market.
Regarding this, IKEA focuses on the new product development process and differentiation strategy. These strategies will play important role in making different product from existing competitors and it will also help in attaining competitive advantages and market shares.
Regarding this, IKEA will focus on controlling each and every stage of the new product development process Objectives of Performance Management, Another performance objective focuses on sustainable development of IKEA and regarding this, organization will focus on economic, environment and social development of the organization.
Therefore, all these activities will help in attaining sustainable development of the organization. Medium term planning and control For attaining long term goals and objectives IKEA needs to focus on medium term planning and control activities also.
Medium term objectives can be attained in coming one year Dyckhoff, Lackes and Reese, These objectives focuses on the annual objectives of IKEA.
Medium term performance objectives of this organization are described as under: To increase the sales revenue of the company in coming one year. To enable employees to achieve superior standards of work performance.
To help employees in identifying knowledge and skills required and make necessary arrangement of training and development programme for increasing their knowledge and skills in effective manner.
Increasing the sales revenue of organization is one of the major objective of IKEA and for attaining this objective planning and control activities of this organization focuses on promotion of the new products of the organization. Regarding this, company will use digital marketing activities which will help in increasing the awareness of customers about the products and services of IKEA which will augment the number of customers of the organization Rushton, Croucher and Baker, Therefore, it will increase the overall sales revenue of the organization.
Another performance objective of IKEA is to enable employees to achieve superior standards of work performance and regarding this organization provides appropriate working environment and technologies which help employees of IKEA in improving their performance with superior standards of work performance.There are , viewers of the IKEAs Facebook showroom video and IKEA Facebook pages has , Likes vetconnexx.com Operation use in IKEA IKEA uses lean operation vetconnexx.com production and lean manufacturing refer to the elimination of wastes such as delivering quality products on time and at a low cost.
The lean management system. In , IKEA paired up with the makers of video game The Sims 2 to make a stuff pack called IKEA Home Stuff, featuring many IKEA products. It was released on 24 June in North America and 26 June in Europe.
IKEA’s Operations Management Operations Management is the set of activities that create goods and services through the transformation of inputs into outputs.
Operations management is the activity of managing the resources which are devoted to the production and delivery of products and services.
3 Business Services – Operations Management Session 1 – Introduction & Overview 5 Gain an appreciation of technologies available, and how they are applied to operations. Develop an ability to integrate these technologies with corporate and operations strategies.
Operations Management at IKEA Operations management entails controlling, designing and supervision the production process as well as the redesign of business operations associated with the production of services or goods (Meredith & Shafer, ).
Concrete results from this extensive pilot program were a key factor in getting the IKEA co-workers on board to implement the program, both on a management level in each of the IKEA markets and within the operation of each store.