Innovative Business Idea in Ikea- Free-Samples Myassignmenthelp

Question: Discuss about the Innovative Business Idea in Ikea. Answer: This paper succinctly elucidates the innovative business practice of Ikea- specifically its business association with its suppliers. This essay tries to associate a video presentation that encompasses the business process innovation in supply chain management. It has been detected that the supply chain managed by the company has been quite effective and innovative. The video demonstrates two different managers distribution centre manager and warehouse manager. These two managerial figures have been effectively working with the company for more than ten and fifteen years. The innovation that the video demonstrates is the mobility of the workers- specifically the managers who have decided not to invigilate the entire work process from a single chair, sitting with a laptop. They have rather innovated their way of work with the help of a bicycle where they have attached their computer so as to find out the details of the work process while moving. Technological innovation has been quite impactful in the supply chain process of the company. Computation of the goods in the warehouses and quantification of the entire data pertaining to the documentation process is highly impacted by usage of modern computing system. With automated computing system, the supply performances have been excelled to the newer level. Since there is a less involvement of the manual process the efficiency of work such as carrying the goods from the warehouse to the distribution centers is driven with easeful activities. Reference: https://www.youtube.com/watch?v=NOyBX0_GtN