Ikea establishes private trading hub
Home & Textiles Today Staff -- Home Textiles Today, March 26, 2002
Almhult, Sweden — With its selection of Malvern, PA-based Verticalnet Inc., a provider of collaborative supply chain solutions, Ikea is setting up a private trading hub to connect its internal units and external trading partners across its global supply chain.
The hub is designed to lower overall supply chain cost and enable the company to rapidly respond to changing market factors.
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