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Reducing Costs through Production and Supply Chain Management
QFinance

IKEA, the Swedish home products retailer, is known for its good-quality, inexpensive products, which are typically sold at prices 30-50% below those of its competitors. While the price of products from other companies continues to rise over time, IKEA claims that its retail prices have been reduced by a total of 20% over the last four years
 
 
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