Warehouse and inventory
1. How does IKEA group express its solidarity with sustainability especially with warehouses. Give examples to prove the same. Also elaborate on their adherence to IWAY standards. 2. Elaborate on IKEA’s inventory management policy with reference to the three pillars of inventory management plan. 3. Your manager asks you to reduce inventory for a certain component in IKEA by 20%. Use the Inventory Planning pyramid to link this high-level financial instruction to reduce inventory with the detailed implications of that reduction at an item and parameter level. 4. Would you suggest a Beer Game as a training technique to ensure greater integration in the extended supply chain. Provide justifications for your answer 5. Elaborate on the efficacy of WMS in IKEA
