1. Spiritual Culture: Frugality and Democratic Design

Frugality Values

IKEA integrates "no waste, pay attention to cost" into the corporate spirit, and is oriented towards low cost from product design to supply chain management. For example:

Flat Packaging Design: Furniture adopts the form of flat packaging, which reduces transportation and storage costs, and at the same time allows customers to assemble by themselves, saving labor costs.

Global Sourcing and Localized Production: By setting up global procurement centers (such as China's 5 major procurement centers), optimize supply chain costs. In 2002, China's procurement volume accounted for 18% of the world, making it the largest purchasing country for IKEA.

Democratic Design Concept

IKEA adheres to the principle of "function, form, price" three-dimensional design to ensure that products are both beautiful, practical and affordable. Example:

"Famney" cushion case: In the face of the children's toy recall crisis, IKEA designers worked with suppliers to convert idle capacity into best-selling cushions, both to avoid worker unemployment and to open up new markets.

Low Price Action Plan: Designers worked with product development, technology, quality monitoring and other departments to make full use of raw materials and improve processes to achieve "environmentally friendly products at the lowest cost".