IENG310-Facility Planning and Layout Homework#1 Softcopy via Blackboard before b
ID: 342514 • Letter: I
Question
IENG310-Facility Planning and Layout Homework#1 Softcopy via Blackboard before beginning of the lecture) On the benefits of Location and Layout Decisions Each group will prepare a 10-15 min PowerPoint presentation on the benefits of facility planning decisions on a real-world business case (selected from the list below or you proposed with accordance with the instructor). The aim of the presentation is to discuss how facility planning decisions (location and/or layout and/or storage and handling) can contribute to the success (or the failure) of the selected corporation. Hence, it is highly recommended to focus on the following points (among many others):(1) facility planning contribution to the firm's success,(2 how facility planning can be seen as a competitive advantage (compare with competition). (3) how facility planning can explain the failure of the business strategy, (4) what facility planning related challenges are faced by the firm. Support your discussion by real number/statistics and real situations that have marked the identity/history of the corporation you selectedExplanation / Answer
Facility planning is an important aspect of any organization and IKEA being a frugal organziation which believes in maximum output with minimum expenses, facility planning becomes an important aspect of operations. The different manufacturing processes need to be aligned in order to have maximum floor space in the shop floor as well as to utilize the resources in the best possible way.
Ikea is one of the pioneers in the field of furniture industry which has revolutionized the way consumers purchase furniture. Since the operations of the Ikea store is completely self-help based wherein the consumers need to pick and choose their furniture, the facility planning is of utmost importance wherein the customers need to have the comfort to choose their required furnitures.
Facility planning can be the value proposition for the business model that is being utilized by the Ikea. The different aspects of product placement and ease of access for the customers can be the differentiating point for the consumers.
Facility planning which is done improperly without keeping in mind the ease for consumers can lead to considerable amount of frustration and irritation for the prospective consumers. Therefore, it might lead to loss of business and failure of the entire business for Ikea.
Facility planning challenges would be lack of space and designing issues with respect to new stores that are being developed. Optimal utilization of the space is a concern for any facility planning procedure and same is the case with Ikea.