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This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

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SUPPLY CHAIN MANAGER - Detmold Packaging

This role is key member of DPV management team with participation in the development and implementation of strategies to achieve superior, sustainable business outcomes.

PROCUREMENT EXECUTIVE - PHILIP MORRIS

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Provide overall the support and co-ordination of the procurement & logistics and other related functions.

Ensure the procurement process which fully integrated with the business and the supply market place in a cost effective manner whilst fully comply with relevant PMI & VPM Branch P&P.

Cordinate with VPM to ensure a logistic system which fully integrated with production activities in an effective, efficient manner whilst fully comply with custom regulation and VPM Branch requirements. 

 

2017 Management Trainee
DHL Supply Chain - a business unit of DHL Global, is the global market leader in contract logistics, providing warehousing, managed transport and value-added services at every link in the supply chain for customers in a variety of industries.

VIETNAM PART OF IKEA’S GLOBAL EXPANSION: CEO

2018-01-11 17:29:32

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VIETNAM PART OF IKEA’S GLOBAL EXPANSION: CEO

 

Vietnam and the Philippines will be the next Southeast Asian countries to welcome IKEA

Swedish home furnishings giant IKEA has included Vietnam in its five-year global expansion plan, according to the company’s CEO.

 

As cited by Bloomberg on Monday, Torbjorn Loof, chairman and CEO of Inter IKEA Holdings, has announced the company’s vision to enter both the South American market and expand its operations in Southeast Asia.

Inter IKEA, based in the Netherlands, owns Inter IKEA Systems, the worldwide IKEA franchiser and owner of the IKEA concept.

Loof said that over the next five years, the company plans to add stores in Vietnam and the Philippines to its already existing locations in Malaysia and Thailand.

IKEA’s entry into South America, with markets including Chile, Colombia, and Peru, is expected to happen in the same timeframe, he added.

“South America will in the long-term become an important growth market,” Loof was quoted as saying over the phone, explaining that the company was likely to enter two or three markets around the same time in order to secure supply and production.

Earlier this year, the furniture giant entered India and Latvia, adding to its existing network of 400 stores in 49 markets across Europe, North America, the Middle East, Asia and Australia.

Brazil also has “great potential” Loof said, but its complexity meant it was unlikely to be among the first South American countries they establish themselves in, he continued.

“We haven’t zoomed in or decided on any particular markets, but we’ve said that within the next five years we should have opened our first IKEA in South America,” Bloomberg quoted Loof as saying.

“When we open in South America, because it’s a new continent and a new region, we can’t just open one warehouse.”

IKEA plans to add 22 new stores this year, up from 14 new stores in 2016, with a vision to maintain a stable expansion rate of some 25 new stores annually, the CEO said.

According to Bloomberg, IKEA’s retail sales including all franchisees and services, amounted to 38.3 billion euros (US$45 billion) during the most recent financial year.

Last year’s sales growth was lower than in previous years, Loof noted, adding that he expects growth to accelerate by as much as eight or nine percent over the next few years.

IKEA is the world’s largest furniture retailer, known for its ready-to-assemble furniture, kitchen appliances and home accessories.

In the 2016/17 financial year, the IKEA website attracted 2.3 billion hits, while its stores welcomed 936 million customers.

The company was founded in 1943 by Sweden’s Ingvar Kamprad, who in 2015 was listed by Forbes Magazine as one of the ten richest people in the world, with assets of $40 billion.

Bloomberg