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They created the flat packaging design concept and cut out the need for distribution by having the flat packaged products picked up on site and assembled at home by the customers. The cost savings earned by IKEA through the various processes are passed to customers where they are spared storage, transportation and assembly costs, resulting in dramatically lower product prices.
The company values its staff and encourages them to go for training, to build a highly skilled workforce. It does this by setting up various training programmes to educate its philosophy and core management strategies to staff throughout the world...
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