Ikea will invest $2.2 billion to upgrade existing stores, and open new stores and designer centers in the U.S.
Ikea’s expansion is in direct contrast to store closing decisions by other retailers, including Bed Bath & Beyond, Walmart, and Best Buy.
Video Spotlight:
This post is based on the Business Insider article, Ikea is spending over $2 billion to open 8 new […]
Much of California’s most productive farmland has yet to emerge from flooding caused by this winter’s torrential rain and snow storms.
Anticipated snow melt from a snowpack 300% of average threatens to put valley areas under even more water as it begins to flow down from the mountains. The melt exceeds the capacity of lakes, dams, and rivers.
Flooding in the Tulare Lake and Monterey areas in March 2023 ruined many crops. Consumers across the country will feel the impact of higher […]
A Tillamook ice cream factory is opening in Decatur, Illinois, in 2024.
With a $50 million investment, Tillamook is upgrading an old Prairie Farms facility to better serve the growing Eastern US ice cream market. The Tillamook factory will revitalize the Decatur area with new jobs and economic development.
Video Spotlight:
This post is based on the WCIA.com article, West Coast ice cream factory […]
Cycle time is an essential part of operations management.
Using an industrial analogy like repetitive automobile manufacturing, cycle time can be defined in two contexts: the time it takes to perform one task, such as installation of the hood, or the cumulative time it takes to perform all tasks as a product makes its way to completion, such as a completed automobile.
Companies often seek to improve cycle time to increase output (inventory), support more sales, reduce costs, and capture more market […]