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Topic: Business
Number of pages / Number of words: 7 / 1725
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IKEA, with their focus on cost efficiency, would be positioned towards the left on the efficiency vs. responsiveness scale and need to design their supply chain to fit this strategy.

Figure 2: Modified version, efficiency vs. Responsiveness. (Source: Chopra & Meindl 2007)

Cost efficiency pervades every part of IKEA’s value chain from product development to the end user...


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IKEA, with their focus on cost efficiency, would be positioned towards the left on the efficiency vs. responsiveness scale and need to design their supply chain to fit this strategy.

Figure 2: Modified version, efficiency vs. Responsiveness. (Source: Chopra & Meindl 2007)

Cost efficiency pervades every part of IKEA’s value chain from product development to the end user...


Essay fragment

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