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WELCOME TO IKEA Leader in life at home

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WELCOME TO IKEA

Leader in life at home

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The early years - from ballpoints and stockings to furniture

Our first catalogue. Developing own designs - and starting to pack them flat!

Expanding - Germany, Australia, Canada…Start to purchase in Greater China

Expanding - USA, UK, Italy...

Expanding - China, Poland, Spain...

1940’s

1950’s

1980’s

1990’s

2000’s

1970’s

Expanding - Russia, Japan and on the Internet

IKEA was founded in 1943.

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THE IKEA VISION

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No dream is too big, no home is too small.

SMALL SPACE LIVING - IKEA Group priority FY12

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IKEA Group at a Glance FY14

€28.7 billion Total sales FY14

315 IKEA Group Stores in 27 countries

270 million visits to our 14 shopping centres in Russia

716 million store visits to IKEA Group stores

147,000 Total number of co-workers FY14

224 Wind turbines We’ve committed to owned and operated 224 wind turbines

47% of managers are women

700,000 Solar panels on our buildings

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IKEA Group at a Glance FY14

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FY14 – €28.7 billion Sales trend Over the years…

Presenter
Presentation Notes
IKEA has made an incredible journey. Historically, we’ve almost doubled sales every 10 years. Back in the days: We had 100 co-workers and 2,000 products in the range. Today: We are 147,000* co-workers and launch 2,000 new products every year! And still we are just at the beginning... *Last year, we adopted a new way of calculating the number of co-workers, so previously published numbers for FY12 and FY13 contained temporary and seasonal positions.
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The future

Presenter
Presentation Notes
But reaching €50 billion in sales by 2020 is not an aim in itself. We work long term, so rather, it’s about doing everything twice as good. Our ambitious growth agenda also means that we will need to recruit about 75,000 new co-workers.
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We are on our way... glorious future!

Presenter
Presentation Notes
It’s a unique strength for us to be inspired by our vision and business idea, as well as to enjoy and benefit from our great culture. We have done well, but there is a lot more to be done. We will meet new difficulties and challenges, but we will make the changes necessary. We have already proven that together we can achieve a lot. IKEA develops when we develop. So we need to use all our talent, capabilities and passion. We need to work together, care about each other, listen to each other and do things that really matter to people … Wonderful future!!
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We will create our growth!

1. Better products

at lower price

7. Expansion New markets,

Asia, Russia,

NA & big growth from Europe.

Presenter
Presentation Notes
We are choosing a growth direction! IKEA is today rich on growth opportunities. Expansion in existing IKEA markets where we still have white spots on the map, new markets and e-commerce will have a big impact on our growth. Even more important will be to drive growth in our existing stores. Among all potentials, the greatest growth driver in IKEA going forward will be our offer. We will add vitality, attract more customers with a wider offer in style and we will explore new functions and areas of life at home. The core of IKEA’s growth strategy will be to deliver better products at lower cost, year after year. We come from strengths! We have a strong foundation based on a great vision and business idea. We own our own range and develop it to better fit people’s needs and tastes every year. We have a solid financial platform that makes it possible for us to invest long-term in our growth; always with the focus on taking good care of what we already have in hand. We have a great supply set up and a fantastic supplier base with some of the world’s leading industrialists as partners - people who share our values and business model. And we have great colleagues with high competence, motivation and a unique team spirit.
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Function

People live Together in Small Space

Form People want Beautiful things

Quality People Demand Value for Money

Sustainability

People Care about the Planet

Affordability People have limited means

It’s ALL about Democratic design!

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The customer needs

The supplier opportunity

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KLIPPAN LACK

1998 2012RMB 2999 RMB 999

1998 2012RMB 299 RMB 39

BURSJON1998 2012

RMB 128 RMB 69

RAJTAN1998 2012

RMB 7.9 RMB 4.9

JULES

1998 2012RMB 995 RMB 349

ANTONIUS

1998 2012RMB 328 RMB 129

ORGEL

1998 2012RMB 198 RMB 129

KRABB1998 2012

RMB 219 RMB 49

POANG1998 2012

RMB 1235 RMB 349

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Logistics Overheads Production Materials Design for total cost

Design to cost Design for

Quality &Manufacturing

Design for Logistics

+ Eliminate cost

Continuous (re)engineering

Indirect cost

Tailor Made Logistics

+ Economies of scale

Bundle Volumes

Tailor Made Production

Quick Amortization

High Volumes

Hap

py cu

stomers D

emoc

rati

c D

esig

n

Lower total cost from material to customer

Presenter
Presentation Notes
Optimising our value chain from material to customer is only possible by utilising total IKEA and an end-to-end perspective. Design for total cost starts with the design of the product, from the choice and use of sustainable materials and techniques to design for efficient manufacturing (cost and quality), logistics, the buying process and customer use. By using standard solutions, components and platforms when developing the offer we will develop better products faster at a lower cost. Using the IKEA volumes makes it possible to re-engineer and change level of integration in the value chain to eliminate cost. Introducing standard solutions, components, platforms, new materials and investing in efficiency in the value chain will make it possible to further eliminate cost in the value chain. Economies of scale is the logic in our shared business model with our suppliers. The IKEA volumes make it possible to take out cost in the value chain by engaging in supplier’s purchase, cooperating closely with suppliers in choice of machinery and technologies, investing in efficient industrial production set ups and to drive industrialisation of new industries - all which will lead to better quality and lower cost. Volume and our knowledge of indirect purchase will make it possible to lower indirect cost throughout IKEA.
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AUTOMATE YOUR COMPETITIVENES 自动化的竞争力 Create better product, lower costs and increased competitiveness through automation通过自动化生产更好的产品,更低的成本,增加竞争力.

Design for Logistics – Packaging 物流设计-包装 Automation

COST成本

PIECES

Manual production 手工生产

Semi automated production 半自动生产

Automation

Automation自动化

0 Z X Y

© IK

EA Trading S

ervice (China) C

o. Ltd, 2012

20

件数

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3 1

2

ROADMAP IN THE QUALITY ERA

前往品质时代的路线图

Creating customer satisfaction, growth and profits through lower cost, big volumes,

quality and efficiency in everything we do.

通过更低的成本,更大的量,将质量和效率贯穿在我们所做的所有事情中,让顾客更加满意,

创造更多的增长和利润。

Product quality and IWAY

is our foundation. I am

accountable. We never

compromise. Together we

create a quality culture.

产品质量和IWAY 是我们的基础.

由我领导带头。我们永不妥协。我

们共同创造质量文化 。

Automation and design to cost

(design for manufacturing, quality

& logistic) is the enabler for

efficiency and quality (process

control and PokaYoke).

自动化和为成本设计 (为制造,质量和物

流而设计) 使效率和质量成为可能(过程控

制和防呆防错).

Competent and motivated

co-workers at IKEA and

Suppliers create efficiency

and quality.

有能力和积极向上的员工

宜家和供应商共同创造效率和质量。

Presenter
Presentation Notes
What will we do? We have together discovered a roadmap for building Industry Leadership and be the leader in peoples life at home.
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4

5 Together we build industry leadership.

Every customer count. Every product count.

Strategic Partnership Relations

with key suppliers create conditions

for innovations, standard solutions

(platforms and components),

scalability and capacity

commitments.

ROADMAP IN THE QUALITY ERA

前往品质时代的路线图

Creating customer satisfaction, growth and profits through lower cost, big volumes,

quality and efficiency in everything we do.

过更低的成本,更大的量,将质量和效率贯穿在我们所做的所有事情中,让顾客更加满意,

创造更多的增长和利润。

战略性合作伙伴关系

与关键供应商共同为创新,标准化方案

(平台和配件),规模效应和产能协议提

供前提条件。

我们共同创建产业领导力.

每一个顾客都很重要。每一件产品都很重要。

Presenter
Presentation Notes
What will we do? We have together discovered a roadmap for building Industry Leadership and be the leader in peoples life at home.
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“Our suppliers and customers are our

best friends. The IKEA Concept is there

to shorten the distance between them,

in order to provide the best products at

the lowest possible prices” Ingvar Kamprad, IKEA founder

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Q & A