Research on Supply Chain Management Strategies of Multinational Retailers in China Based on IKEA

Driven by globalization and digitalization, the supply chain management of multinational retail enterprises in China is facing unprecedented challenges and opportunities. This study focuses on IKEA's supply chain management strategy in the Chinese market. It aims to reveal how it improves market competitiveness through supply chain optimization and responds to rapidly changing consumer demands. This study found that IKEA has effectively improved the response speed and cost efficiency of the supply chain by implementing refined inventory management, strengthening supplier relations, and adopting advanced information technology. The results show that IKEA's supply chain strategy not only meets the individual needs of consumers but also enhances its market adaptability and customer satisfaction. However, IKEA still has room for improvement in logistics efficiency, supplier cooperation depth, and market dynamics prediction. In China's continuous economic growth and consumption upgrading, IKEA's supply chain management experience has important reference value for understanding and grasping the complexity of the Chinese market. Future research could further explore how IKEA integrates emerging technologies to achieve continuous innovation and optimization of the supply chain.

Authors

Institutions

Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-12-26
DOI
https://doi.org/10.54254/2754-1169/2024.ga18771
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Research on Supply Chain Management Strategies of Multinational Retailers in China Based on IKEA

Jun Jia
Advances in Economics Management and Political Sciences
E-commerce and Technology Innovations
article

Research on Supply Chain Management Strategies of Multinational Retailers in China Based on IKEA

Jun Jia
article en

Abstract

Driven by globalization and digitalization, the supply chain management of multinational retail enterprises in China is facing unprecedented challenges and opportunities. This study focuses on IKEA's supply chain management strategy in the Chinese market. It aims to reveal how it improves market competitiveness through supply chain optimization and responds to rapidly changing consumer demands. This study found that IKEA has effectively improved the response speed and cost efficiency of the supply chain by implementing refined inventory management, strengthening supplier relations, and adopting advanced information technology. The results show that IKEA's supply chain strategy not only meets the individual needs of consumers but also enhances its market adaptability and customer satisfaction. However, IKEA still has room for improvement in logistics efficiency, supplier cooperation depth, and market dynamics prediction. In China's continuous economic growth and consumption upgrading, IKEA's supply chain management experience has important reference value for understanding and grasping the complexity of the Chinese market. Future research could further explore how IKEA integrates emerging technologies to achieve continuous innovation and optimization of the supply chain.

Advances in Economics Management and Political SciencesVol. 140(1)
Soochow University (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 55%
E-commerce and Technology Innovations
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.