IKEA’s Supply Chain

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IKEA’s Supply Chain

IKEA has an amazing supply chain.  IKEA’s founder, Ingvar Kamprad, seems to have many similarities with Sam Walton.

IKEA Quotes:

  • “To design a desk which may cost $1,000 is easy for a furniture designer, but to design a functional and good desk which shall cost $50 can only be done by the very best.” ~ Ingvar Kamprad, IKEA founder.
  • “I could regularly travel first class, but having money in abundance doesn’t seem like a good reason to waste it. Why should I choose first class? To be offered a glass of champagne from the air hostess? If it helped me arrive at my destination more quickly, then maybe.” ~ Ingvar Kamprad, Supply Chain Guru
  • “I’m a bit tight with money, but so what? I look at the money I’m about to spend on myself and ask myself if IKEA’s customers can afford it… I could regularly travel first class, but having money in abundance doesn’t seem like a good reason to waste it.. If there is such a thing as good leadership, it is to give a good example. I have to do so for all the IKEA employees.”  ~ Ingvar Kamprad

Other videos you may find interesting:

“Waste of resources is a mortal sin at IKEA.”  ~ Ingvar Kamprad

IKEA's Supply Chain

“Making mistakes is the privilege of the active. It is always the mediocre people who are negative, who spend their time proving that they were not wrong.” ~ Ingvar Kamprad

IKEA Supply Chain

“If there is such a thing as good leadership, it is to give a good example.  I have to do so for all the IKEA employees.” ~Ingvar Kamprad

IKEA Supply Chain

IKEA Supply Chain