Case Study of Furniture Manufacturing Companies

Abstract

Purpose: This study encompasses four cases pertaining to furniture manufacturing industry in India. Manufacturing is essential for our nation and hence four companies are studied namely: Spacewood Pvt. Ltd, Choice Furntech LLP, Stanley Lifestyles Ltd, and VK Sofa Makers Pvt.Ltd. There are few similarities and associations with all four of these companies. This study also uncovers various aspects of minute details related to furniture pricing, customization, and unique selling proposition via segmentation/segments that they are operating in. The companies that are in study are basically seasoned and very strong fundamentally and operationally. Design/Methodology/Approach: Observations and interactions/interviews with employees of all the four companies along with online databases were studied for finding similarities and dissimilarities in certain key variables and bring out the best variables/ practices that could be replicated by others. Findings/ Results: This case study reviews the current situation of various customization processes through multiple variables in furniture manufacturing companies in India and the data is collected from interaction with employees, vendors, customers, company websites, scholarly literature, and internet sources for results that could have far reaching implications when compared to others abroad. Originality: It is a study to find commonality or similarity[s] among these four companies with reference to VK Sofa makers for any future entrepreneurs to have a sustainable/ implementable business model that can grow rapidly by customization and superior service quality. Type of Paper: Case Study based research analysis for knowing similarities among dissimilar companies of a same industry as well as to know the dissimilarities of similar nature companies in a given market space; hence the science and art of running these companies is the basis for this case study.

Value Creation through Corporate Social Responsibility: A Quantitative ABCD Analysis

“…[65] All the above articles have undertaken ABCD listings for various circumstances, phenomena, business model etc. there are other studies as well which has discussed ABCD listing in their research such as ABCD listing of Online E-Campus Recruitment Process [66], Furniture Manufacturing Companies [67], IT-Virtualization [68], Electricity from microbial fuel cell in rural India [69], Innovations & Business Opportunities [70], Student Centric Curriculum Design and Implementation [71], and Retrieval Time of Manual and Electronic Medical Records [72].…”

Case Study on Certara’s Simcyp PBPK Simulator to Eliminate Lengthy Clinical Trails

“…The analysis of a product or a service can be done using ABCD analysis framework qualitatively from the company's stakeholder's point of views by merely listing the advantages, benefits, constraints, and disadvantages [143][144][145][146][147]. ABCD analyzing framework can be used for both qualitative analysis and quantitative analysis as ABCD listing [148][149][150][151][152][153][154][155][156][157][158], ABCD factors and elemental analysis [159][160][161][162][163][164][165][166][167][168][169], and ABCD Quantitative analysis [170][171][172][173][174][175] by identifying critical constituent elements and determining their weightage.…”

Electronic Payments and the Logic Behind its Usage – A Customer Perspective

“…Further governing mechanisms can be thought of to be installed for the sake of depositor safety. Customers keep buying products in furniture shops and various other outlets and when they feel they can do an electronic transfer like NEFT or money transfer they feel comfortable [26]. The issue is to create a better customer-friendly environment for everyone to make business [27].…”

“…ABCD Analysis is crucial for performance analysis and ABCD means Advantages, Benefits, Challenges, and Disadvantages. Let us now do the ABCD analysis for electronic payments under consideration [24][25][26][27][28][29].…”