StrengthsThe biggest strength that

Strengths

The biggest strength that IKEA has is its clear vision, which is to add value to its customers irrespective of the market conditions. This has translated into an articulate and well-defined business strategy and an approach to retailing, which is pioneering in its simplicity and deadly in its targeting of competitors and effective in its positioning.
Another key strength of the company is its clear concept which translates into an array of products that can be assembled by the customers themselves leading to humungous cost reductions which are then passed on to the customers. With its single-minded focus on cost leadership, IKEA has emerged as the world’s leading retailer of furniture.
IKEA measures its strengths using the metrics provided by the KPI or the Key Performance Indicators that include increased use of renewable materials, smarter use of raw materials, establishing and maintaining long-term relationships with suppliers and leveraging the efficiencies and the synergies from the economies of scale.

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Strengths The Biggest strength is that IKEA has ITS Clear Vision, which is to Add value to ITS customers irrespective of the market conditions. This has translated into an Articulate and well-defined business Strategy and an approach to retailing, which is pioneering in ITS Simplicity and Deadly in ITS targeting of competitors and effective in ITS Positioning. Another Key strength of the Company is ITS Clear Concept which translates into. an array of products that can be assembled by the customers themselves leading to humungous cost reductions which are then passed on to the customers. With ITS single-minded Focus on cost Leadership, IKEA has emerged As the World's leading Retailer of Furniture. IKEA measures ITS strengths using the metrics provided by the KPI or the Key Performance Indicators that include Increased use of Renewable Materials, smarter use of RAW Materials. , establishing and maintaining long-term relationships with suppliers and leveraging the efficiencies and the synergies from the economies of scale.