Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Advantage of bookkeeping
Advantages and disadvantages of book keeping
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Executive Summary “Your Choice Furniture” established in 1992 was a family business with long history, which has been handed down from generation to generation. As like most of the tradition businesses, the method of management for the shop was usually used manually. According to this situation, we found out the various essential elements of “Your Choice Furniture”. 1 The Brief main issues : 1.1 “The book-keeping, invoicing, stocktaking, payroll functions and customers’ details, weekly wage bill employee’s details are kept manually.” 1.2 “The manual system is extremely time-consuming” and difficult to manage the track of inventory. 1.3 There is no fixed staff but need to extend the opening hours, which needs labour-saving. 1.4 The shop needs to be possibly going online. 2 Evaluate Feasibility : 2.1 Operational feasibility: Most of these problems would be by the information system to help to increase efficiency. 2.2 Technical feasibility: Customized approach to provision the “Your Choice Furniture” of net technical requirements, most of the problems they face by the information system to help them solve. 2.3 Economic feasibility: Information system can replace the previous manual handling operations to save a lot of time and labor costs. Base on the case of “Your Choice Furniture”, we marked this system's analysis to formulate solutions in this report; it assisted in evaluating the impact of recent change information technologies of “Your choice furniture” business system for evaluating how well the firm will be performing. The deeper part of this report has shown the need of "Your Choice Furniture" for new business system, which will help the company to support their customers and employees, also more ef... ... middle of paper ... ... to develop comparative advantages and conduct the uneven competition and make a joint effort to accelerate its advancement, and therefore, increase their respective competitiveness on a global scale. References Laudon, KC & Laudon, JP 2010, Management Information Systems: Managing the digital firm, 11th Global edn, Pearson Education, Inc, Upper Saddle River, New Jersey. Mustaffa, S and Beaumont, N 2002, “The effect of electronic commerce on small Australian enterprises”, Technovation, Vol. 24, no. 2, pp. 85-95. (online ScienceDirect) Mehdi Khosrow-Pour, D.B.A. 2006, Cases on information technology : lessons learned,Vol 7, Hershey, Pa. : Idea Group. Marshall, KP & Swartwout, N 2006 “Marketing and Internet Professionals' Fiduciary Responsibility: A Perspective on Spyware..” Journal of Internet Commerce, vol. 5, no. 3, pp. 109–126. (online EBSCOHOST)
The decision was to use old furniture, but the furniture could not have any damage and the fabric had to be in good condition. The workstations had to be installed with the appropriate height and file cabinet placement. The electrical outlets had to be operational at all workstations. The back-up power had to be available for up to two hours. The painting had to be flawless with no lumpy surfaces or dings in the wall. The process alignment included receiving proper approvals from multiple stakeholders before aligning. Alignment of the processes and technology enhancements should increase efficiency and productivity as well as cut costs. The technology enhancements should eliminate manual processes and
At the same time, the custom furniture making company will provide a list of various designs and styles to help you decide your design for the furniture. On the other hands, these facilities are not available when it comes to buying readymade furniture from the shops.
Since the outlook for the facility management and systems furniture markets offer the most promising growth potential, Bulgarian manufacturers should seek to concentrate on those specific markets. They should keep in mind that the services associated with these markets are of prime importance and that a local presence is crucial.
Dakota Jackson is considered to be one of America’s leading furniture designers. Having originally started his career as a magician, it is no surprise that Jackson’s designs are considered to be marvellous works of engineering and his early works even included engineering illusions, thus reflecting his background in magic. In 1989, Dakota Jackson entered the mass production furniture market with the Ke-Zu seating collection. Continuing in this mass production market, in 1991 Jackson introduced the ‘Vik-ter’ chair. This ‘bio- morphic’ stacking chair was first introduced at the International Contemporary Furniture Fair in Manhattan. The Vik-ter chair’s “highly production oriented” design features a weld- ed-steel frame that curves aswell as a tapered cherry-plywood laminated seat. The design is said to be able to be produced in seven minuets, and received a silver award for environ- mental design in the 1992 Industrial Design Excellence award.
It is evident that the information system used by Kahuna Cleaning Supply is rather slow and inefficient. The director of sales reports that the business lost a big order recently to the competitor who was able to provide the potential client with timely estimates online. In addition, the system is marred with a lot of errors while making orders and requisitions. The customers are not connected with an online interface and this makes it difficult for the company to compete favorably on the information front. The manual system is therefore obsolete, slow and unprofitable to the company. Therefore, in order to leverage their effectiveness and competitive edge, management seeks do develop a system that incorporates all the functions in a customer friendly interface. In this regard, a study will be undertaken on the current operat...
The rivalry between existing companies is intense in the global furniture market and key industry players in Europe include Designs Inc, Galiform plc, Wal-Mart Stores Inc., Argos and others. However, Ikea today is the undisputed market leader in the furniture industry discount on the global scale. The threat of new entrants in the industry is low, and the chances of entrance of new competition Ikea is scarce because the current market is saturated and the significant amount of financial investments and experience are necessary to become a shop furniture discount on a global scale. The bargaining power of customers of Ikea is strong, as competition is intense and customers have a wide range of alternative options offered by
Improve decision making on customers and sales orders based on the information provided by the new system.
“The earliest sofas apparently were made in Philadelphia, which fifty years before the Declaration of Independence.” However, our first look at sofa design that really represents American as a new nation beings with the American Federal style. Now that the country was no longer under the rule of England, the style was make better of the “luxurious and pompous scale of living that mirrored London.” With this in mind certain features were taken and replicated such as rich wood colors like mahogany. According to The Story of American Furniture, sofas were made with walnut cabriole feet and legs with a back that was a “cyma curve higher at the center than at the ends, and the arms flared outward like those of a wing chair.”
Conclusion 12 XIII. Bibliography 13 I. Introduction The Custom Woodworking Company (CWC) was founded in 1954 by Ron “Woody” Carpenter. Woody, after an apprenticeship as a cabinet maker, started his own small woodworking business, specializing in furniture manufacturing. Due to the high quality of the craftsmanship, CWC gained a reputation for their high quality and attractively designed furniture.
Another example of IKEA’s international strategy in building good relationships with suppliers is in Asia, especially in Vietnam, where IKEA expanded its own supply base. Vietnam manufacturers offers low cost labor force and not expensive raw materials, while IKEA provides the view of creating a long-term, high-volume business relationship, and advice on finding the best according to the price raw materials, setting up and bulding factories, choosing what machines, equipments
Cyclone furniture occupied that is 75% of total production in their industry is exported to new Zealand neighboring countries like Australia of which portion its good quality professional office furniture. This statement
This section provides an overview regarding the role of Indonesia’s furniture industry for its economy, also general information about the type of furniture products that have been exported to EU market and some furniture exporter countries which become the major competitor for Indonesia.
In advertising its products, the IKEA catalogs played a primary role as they were attractive and easy to use. The efficiency of IKEA products and quality of design were emphasized in the catalogs. Every household in the area surrounding a new store received a copy of the catalog during the busy years of expansion. Although direct mail-order sales usually represented a very small portion of the total sales. The whole IKEA range was not offered by the catalogs. To attract new customers to the stores, they were always a key factor. Throughout the world, IKEA continued to open stores in different locations and attracted various customers. It was interesting to look at a company offering the same basic products at all stores and do well in many different cultures with different tastes. Lastly, the IKEA’s current number of employees in retail and expansion functions is 116,500 as of 2015. Thus, the total sum of employee worldwide in 2015 was 155, 000. Literally, the rate of employee would be increased in terms of business development in the future. (Brammer, Jackson, and Matten,
Competitive advantage is more likely to be created and sustained if the organization has distinctive or unique capabilities that competitors cannot imitate. This may be because the organization has some unique resources and core competences (Johnson, Scholes and Whittington, 2005). The unique resources of IKEA are leadership and Scandinavian style designed. IKEA had a presence in more than 43 countries and was well known for its good-quality products marketed at relatively low prices. This accomplishment has been achieved by the vision of the founder Ingvar Kamprad. IKEA have consolidated designed department, Com-in, to discover consumers’ need and design for them. All Com-in specialists are from either an interior design background or visual merchandising, and are responsible for the presentation or IKEA product offers using all current range presentation medias and techniques. Core competences are cost leadership, global sourcing, differentiation, and branding. IKEA controls every aspect of the process, from manufacturing to the time the product reaches the consumer. And at every step along the way, IKEA cuts its costs through global strategies. Moreover IKEA buys in global quantities; it is able to get goods manufactured at a relatively low cost. In addition, the company is intent on having good made in the most economical way possible, even if that means using unconventional suppliers to produce furniture or using different suppliers for different components of one item. Furthermore, IKEA outsources its manufacturing in many different countries and also outsources final assembly and delivery to the customers themselves meanwhile IKEA expands its brand with its concept worldwide (Zeller, 2002)
IKEA is more than a furniture store they are a company driven by values (IKEA, 2014). The company seeks to make their consumers lives easier by providing them with modern, innovative, inexpensive products which they use to tackle daily home activities. IKEA Group has 298 stores in 26 different countries (IKEA, 2014). The company’s vision is “to create a better everyday life for the many people” (IKEA, 2014, para 1). Using innovative techniques for creating, producing, and marketing their products IKEA can provide consumers with durable products for reason...