文章

Sustainability

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Company background Ikea is a home furnishing company founded in Sweden in 1943 by Ingvar Kamprad. He used his initial and the village he grew up, Elmtaryd, Agunnaryd to name the company. Its mission is to "offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them." Ikea's vision also goes beyond home furnishing. The company sell ready-to-assemble furniture, kitchen appliances, home accessories, and Sweden food; meanwhile, they focus on sustainability. There was total of 458 IKEA stores worldwide. In the financial year of 2021, the global revenue generated by IKEA amounted to roughly 42 billion.  Besides, Ikea allocated many resources to their sustainability to respond to unsustainable consumption, climate change, and growing inequality. For example, responsible sourcing, using renewable and recycled materials, etc. The company hopes to inspire people to make positive lifestyle chan...

Post-Visit Report

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  Company background  United Parcel Service, also known as UPS, was founded in 1907 in Seattle, Washington. UPS begin as a private messenger and provides delivery service. Nowadays, UPS has become the world's largest package delivery company, and a leader in providing global supply chain management solution. UPS Worldport in Louisville is the largest automated package handling facility globally, and it is the main international hub of UPS. They provide services worldwide, including transportation and delivery, distribution, contract logistic, ocean freight, air freight, customer brokerage and insurance. In 2021, UPS delivered an average of 25.2 million packages per day, totalling 6.4 billion packages during the year. UPS's total revenue reached $97.3 million in 2021. Visit  The video lets us take a look at the UPS Worldport in Louisville, the world's largest automated package handling facility. We can see the daily operation of UPS. The video mentioned how the frontline s...

Group Project

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 Company Background We started a facemask business named WOOMP to produce face masks. We have a total of 26,000 cubic feet factory in Kwun Tong. Here is our factory floor plan: The warehouse is 10,000 cubic feet, where all supplies and finished products are stored in the same warehouse in different racks. Our factory works 22 days per month and 8 hours per day. There is a cleanroom required for face mask manufacturing, and three production machines are currently in the cleanroom. We used the machine model CJ-120A to produce face masks, which can produce 120 pieces of face masks per minute automatically. During the production process, the machine needs four materials: non-woven fabric, melt-blown cloth, nose-clip wire, and cotton elastic string. Moreover, we have one worker to load the materials to the machine every two hours.  Our business started with a single machine in January 2020. The second machine was bought in July 2020, and the third was bought in July 2021. We are se...

Service design

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  Background SaladStop is founded by Adrien Desbaillets which was first founded as a family business, co-headed by daughter Katherine and son in law Frantz Braha. With the vision to honoring nature and family dinners, it strives to provide the best dining experience, different from the one from fast food shop where the human connection is lost and everyone just tries to eat food and head to work soon after. SALADSTOP wants to create a dining experience where customers can enjoy and take their time while eating healthily. With so many branches opened in Asia, they wish to be the pioneer in terms of eating healthily, happily, and providing food responsibly. Its first round of development is to focus on growing its footprint in Singapore first, investing in new ventures and testing its technological platforms. With Hera Capital and DSG partners introduced as the fund provider of SALADSTOP, Adrien set foot in other countries in Asia and try to later become a global enterprise Case stud...

Inventory management

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Background Caterpillar Inc (CAT) is an American company that designs, develop, engineers, manufactures, markets , sells machinery and engines.   It is first founded in 1925 when the Holt Manufacturing company and the C.L Best Tractor Company merge together and form California-based Caterpillar Tractor Company. Its headquarter locating in Deerfield, Illinois when prior to that, it was located in Peoria, also in illinois As mentioned before, CAT is a company that is involved in numerous markets. It produces clothing, electronics, agriculture products, engine and gas turbines, trucks, defense products.  To expand its business scale, CAT is not afraid to do business in other developing markets. CAT built its first Russian facility in the town of Tosno, located near St. Petersburg Russia in 1999. Another method that CAT often does is acquisition. From 1951 to 2020, CAT has acquired 39 companies where 2010 is the year where CAT is most active in acquiring companies. The compa...