Search results for: Furniture in All Content

Management and Marketing Problems of Wood Processing and Furniture Production Enterprises

Management and Marketing Problems of Wood Processing and Furniture Production Enterprises

Author(s): Venelina Tsvetkova,Diana Ivanova / Language(s): English / Issue: 1/2005

Keywords: L10; O13; J31

The paper presents results of a survey in the wood processing and furniture sector. It is identified that there is no system for obtaining professional qualifications; inadequate qualifications of middle and upper management; the strong protection of the employees by labour legislation hinders management; difficulties in employing specialists with good qualifications; lack of motivation in employees; limited opportunities for efficient improvement of qualifications. It is summarized that to deal with the problems facing the Bulgarian woodworking and furniture production companies, solutions should be pursued in the following directions: establishing a strategic basis for company management; improving the efficiency of investment process management; developing a well-functioning system for collecting and maintaining market information for the sector; activating the international marketing; improving the qualifications of managers and entrepreneurs in the area of management and marketing.

The Cost Management by Applying the Standard Costing Method in the Furniture Industry

The Cost Management by Applying the Standard Costing Method in the Furniture Industry

Author(s): Radu Mărginean / Language(s): English / Issue: 01/2013

Keywords: Managerial accounting; Management process; The standard costing method; The furniture industry

Among the modern calculation methods used in managerial accounting, with a large applicability in the industrial production field, we can find the standard costing method. This managerial approach of cost calculation has a real value in the managerial accounting field, due to its usefulness in forecasting production costs, helping the managers in the decision making process. The standard costing method in managerial accounting is part of modern managerial accounting methods, used in many enterprises with production activity. As research objectives for this paper, we propose studying the possibility of implementing this modern method of cost calculation in a company from the Romanian furniture industry, using real financial data. In order to achieve this aim, we used some specialized literature in the field of managerial accounting, showing the strengths and weaknesses of this method. The case study demonstrates that the standard costing modern method of cost calculation has full applicability in our case, and in conclusion it has a real value in the cost management process for enterprises in the Romanian furniture industry.

METHOD APPLICATION OF DISCOUNTED CASH FLOW IN AN EVALUATION OF AN ENTITY OF FURNITURE INDUSTRY IN ROMANIA

METHOD APPLICATION OF DISCOUNTED CASH FLOW IN AN EVALUATION OF AN ENTITY OF FURNITURE INDUSTRY IN ROMANIA

Author(s): Neculina Chebac,Cristina Mihaela Onica / Language(s): / Issue: 02/2008

Keywords: cash flow; production of furniture; furniture industry; International Standards for Assessment; the cost of borrowed capital

Production of furniture is the most complex activity in the wood industry in Romania, is also recognized as the best performing form of exploitation of the wood in terms of value added to the size of a cubic meter of raw wood. Requirements imposed on the furniture products in terms of accuracy and finish processing have led in recent years had a profound restructuring of the management of furniture factories, supported by a remarkable progress of the whole system of machinery involved in manufacturing technologies. In order to ensure opportunities for internal and external markets through a harmonious development, furniture industry in Romania, to take account of priority trends are manifested in European and world economy in the use and recovery of wood as a primary resource materials premium, being a renewable resource. Here are some reasons why we chose to analyze and evaluate it by the method mentioned in the title, an entity in the furniture industry in Romania, evaluated from the perspective of getting the cash flow in a forecast horizon of its activity.

The Implementation of psychographics in customers` lifestyle determination: The Macedonian furniture market

The Implementation of psychographics in customers` lifestyle determination: The Macedonian furniture market

Author(s): Marika Basheska Gjorgjieska,Tatjana Petkovska Mircevska,Dusica Nedelkoska / Language(s): English / Issue: 3/2015

Keywords: psychographics; AIO; marketing research; lifestyle; furniture market

Psychographics has emerged as an important method of market and marketing research, especially of consumer behaviour research. Understanding the consumer behaviour issues is essential for the decision making process and market positioning of companies. The purpose of this paper is to analyse the possibilities for using this method in the market research process in Macedonia. AIO technique as one of the most significant psychographic methods is used in the research, conducted on the sample of 136 customers with 55 AIO and VALS statements divided into 16 factors. By using the empirical research, this paper demonstrates the importance of the consumer’s psychographic characteristics and the influence of their lifestyles on the decision making process in the case of furniture market. The results of the research in this paper and the way of implementation the psychographic as a method of marketing research could be very useful for the decision making of small, medium and large companies.

Empire style furniture in the house of Nedkovich, Plovdiv

Мебели в стил ампир в къща „Недкович“, Пловдив

Author(s): Regina P. Raicheva / Language(s): Bulgarian / Issue: 2/2015

The article deals with the interior and the furnishing of a Bulgarian house of 1863, the Period of Bulgaria’s National Revival. The author seeks first of all to present the architecture to then overview in detail part of the collection of furniture at the house: the French Empire style furniture set in the southeast drawing room on the upper floor. An analysis of the distinctive characteristics of the style is supposed to be made as well as an assumption about the furniture maker.

Using theory of constraints for reaching optimal product mix: An application in the furniture sector.

Using theory of constraints for reaching optimal product mix: An application in the furniture sector.

Author(s): Ercüment Okutmuş,Ata Kahveci,Jekaterina Kartašova / Language(s): English / Issue: 2/2015

Keywords: Theory of constraints; Cost; Cost minimization;

With the globalization, intense competition and technological advances, the inadequacy of the traditional management and cost accounting methods that meet the needs of firms and achieve their goals has led to the development of new methods, such as theory of constraints. Theory of constraints, developed by Goldratt in 1980s, is defined as effectively managing the constraints that prevent firms from achieving their goals. In the theory of constraints, it is focused on increased restricted contribution margin, reducing inventories and operating expenses. Thus, profitability can be improved by directed enterprise resources efficiently. The purpose of the study is to provide effectively managed constraints by defining constraints that prevent their targets and thus to increase the profitability of firms. For this purpose, theory of constraints practice was carried out in a furniture firm which operates in the Mediterranean Region. As a result, it is found that, there are capacity constraints in the firm and the profitability will increase 42% after the elimination of this constraint.

Conceptual-Categorical Apparatus of Modern Furniture Design

ПОНЯТІЙНО-КАТЕГОРІАЛЬНИЙ АПАРАТ СУЧАСНОГО ДИЗАЙНУ МЕБЛІВ

Author(s): Valery Strilets / Language(s): Ukrainian / Issue: 1/2017

Keywords: functionality; furniture design; broader interpretation;

Purpose of Article. The purpose of the article is to define the concept of furniture, which influences on the development of design in the context of creating a harmonious architectural environment. Methodology. The methodology of the research consists in applying such scientific methods as analysis, synthesis. The comparative method is used for studying historical, art, encyclopaedic literature on the research problem; theoretical – historical-chronological is used to determine the specificity of innovation in the analyzed periods; empirical methods – in particular, the method of measurement, which is used to study and analyse the archival materials and documentation. Scientific Novelty. The scientific novelty of the work lies in a new formulation of furniture to evaluate the quality of artistic furniture design in the aspect of designers’ researches. Conclusions. Based on the analysis of scientific research publications, the author of the dissertation research identifies a broader interpretation of furniture, which is analysed to identify trends and prospects of the furniture design development. Understanding of the concept of furniture, created on the basis of their functionality, provides knowledge about the objective laws and ways of designers’ influencing on the formation of modern furniture.

Internationalization Process and Entry Strategy of Turkish Furniture SMEs: Bursa-Inegol Sample

Internationalization Process and Entry Strategy of Turkish Furniture SMEs: Bursa-Inegol Sample

Author(s): Javad Esmaeili Nooshabadi,Mehtap Özşahin / Language(s): English / Issue: 4/2017

Keywords: Internationalization Process of SMEs; Turkish Furniture Internationalization; International Entry Modes; Born Global companies; Uppsala and Revised Uppsala Model;

This paper examines the internationalization process of Turkish furniture small to medium-sized enterprises located in the Bursa-Inegol zone in terms of some well known theories of internationalization. Besides, the survey analyzes different types of entry mode used by furniture small to medium-sized enterprises in the international markets. Using qualitative exploratory approach, the results suggest that although the concept of psychic distance has been a significant issue for six investigated small to medium-sized enterprises, none of them followed the original Uppsala model. However, the Revised Model of Uppsala has been followed by four furniture cases. Moreover, the study illuminates that two investigated SMEs followed Born Global pattern of internationalization and two other SMEs followed the Born-again Global model. Besides, the results suggest that Turkish furniture small to medium-sized enterprises highly use direct export and partly indirect export modes for operating in the foreign markets.

Brand Positioning Strategy on the Example of the Family Furniture Companies in Poland

Brand Positioning Strategy on the Example of the Family Furniture Companies in Poland

Author(s): Izabela Podobas,Izabela Niziałek / Language(s): English / Issue: 7.1/2018

Keywords: competition; brand positioning; market; furniture industry;

Positioning is an important element of the marketing strategy, which aims to create a distinctive brand identity and choose target market segment on which impact the brand has to. The paper discusses issues related to the positioning of the brand in one of the family businesses of the furniture industry. The observations and analysis of the process is to show the meaning and determinants to be taken into account when creating a positioning strategy in family businesses within the furniture industry.

Economic Clusters and MSE Innovativeness of the Polish Furniture Industry

Klastry gospodarcze a innowacyjność MSP polskiego przemysłu meblarskiego

Author(s): Emilia Grzegorzewska / Language(s): Polish / Issue: 7.2/2018

Keywords: furniture market; clusters; cluster initiatives; innovativeness;

The paper covers the subject of economic clusters functioning in furniture industry. It presents general analysis of the phenomenon of clustering in Poland set against Europe as well as it covers a brief characteristics of chosen furniture clusters. Empirical data were divided into two stages. In the first phase the companies put under analysis cooperated with other subjects in the field of innovative activity, moreover, the analyses covered these enterprises which, in the frame of this cooperation, functioned within cluster initiative. The primary source of research material were reports entitled “Innovative activity of enterprises” published by the Central Statistical Office. In the second stage of the analyses chosen results from the survey were presented referring to the influence of membership in economic clusters on the level of innovativeness of companies operating in the furniture industry. The analyses comprised 130 small and medium enterprises.

Diagnosis of Bankruptcy Risk in the Furniture Industry Using the Canon-Holder and Altman Models

Diagnosis of Bankruptcy Risk in the Furniture Industry Using the Canon-Holder and Altman Models

Author(s): Radu Mărginean,Delia Corina Mihalțan / Language(s): English / Issue: 08/2015

Keywords: The Alman Pattern; The Conan-Holder Pattern; Performance; Bankruptcy risk; The furniture industry;

The financial and economic crisis that started in 2008 caused negative effects felt by the entire European economy, affecting more or less all of the world's economies. This paper aims to study the diagnosis of bankruptcy risk using the Canon-Holder and Altman methods, from a theoretical point of view and with practical examples on a company in the furniture industry in Romania. In a context of economic uncertainty, the relevance of such an analysis designed to quantify the risk of bankruptcy for companies is the default. The financial data used is real and descriptively analyzed, we analyzed a period of eight years, between 2006-2013. As a method of analysis complementary to the financial analysis of the background of companies, the diagnosis of bankruptcy risk using the score method, using the specific models known in the specialty literature, brings relevant information concerning the problem of risk assessment. We concluded in the case study the opportunity of such an analysis for the furniture industry through the results obtained in the case studies, the method is a useful tool, especially for the practitioners in the sector.

Use of converting furniture in the interior of catering facilities

Використання трансформованих меблів в інтер’єрі підприємств харчування

Author(s): Nikolay Popil / Language(s): Ukrainian / Issue: 2/2018

Keywords: interior design; catering enterprise; converting furniture; flexible planning; design; form;

The purpose of the work is to identify the peculiarities of the organization and the specifics of the subject-spatial environment of the catering facilities through the use of converting furniture and equipment. The methodology of the work consists in the complex application of general scientific and special research methods that allows to consider the theoretical and practical aspects of designing the space of catering enterprises using the converting furniture and equipment. The scientific novelty of the work lies in the expansion of the perceptions of the use of converting furniture and equipment in public space, with emphasis on the list of converting furniture and equipment used in catering facilities. The characteristics of the abovementioned objects, the optimal choice of materials and constructive decisions that are required for their construction are investigated. The conclusions include the results of the research work, which have an important theoretical and practical significance for the formation of the subject-spatial environment of the catering facilities with the help of converting furniture.

INTERNAL AND EXTERNAL BRANDING: A CASE STUDY OF SIMPO FURNITURE COMPANY

INTERNAL AND EXTERNAL BRANDING: A CASE STUDY OF SIMPO FURNITURE COMPANY

Author(s): Gajo Vanka M. / Language(s): English / Issue: 1-2/2019

Keywords: added value; business clusters; business incubator; case study; competition; corporate brand; innovation; internal & external branding; research projects; technology

This paper focuses on corporate branding application. The research question here is if corporate branding can add value to the incubated furniture company, as well as how to connect corporate branding with value. When researching this question, it is necessary to research further on the division of corporate branding which is internal & external (hereinafter referred to as „int. & ext.”) branding, since a company added-value is from the cooperation and connection of int. & ext. branding. Only when int. & ext. branding work closely together, corporate branding may add more value to a company. In methodology, it was used a qualitative research method, which is company in-depth interviews, in order to research SIMPO's int. & ext. branding experience. This case study is helpful to analyse how corporate branding is connected to an enterprise value. Through SIMPO's case, being the largest furniture manufacturer and among the largest companies in terms of turnover in Serbia which has been a de facto state-owned business incubator for the majority of light manufacturing companies in and around the city of Vranje, it is illustrated that int. & ext. branding must combine in order to add value to a company. Corporate branding can really create value by increasing more adaptability/uniqueness/recognition. All in all, corporate branding is significant and can add value to companies. Corporate branding will play a more significant role in future marketing competition, so research on the corporate branding is likely to become more meaningful and interesting.

The Influence of Contextual Factors on the Implementation of Lean Practices: An Analysis of Furniture Industries

The Influence of Contextual Factors on the Implementation of Lean Practices: An Analysis of Furniture Industries

Author(s): Falah Abu,Hamed Gholami,Norhayati Zakuan,Muhamad Zameri Mat Saman,Dalia Streimikiene,Justas Štreimikis / Language(s): English / Issue: 55/2020

Keywords: lean implementation; contextual factors; firm size; firm age; corporate culture; furniture;

Notwithstanding the research attention given to the implementation of lean practices, particularly in the developed countries, its adoption in the furniture industry in emerging economies is not promising and confined to a handful of studies only. The purpose of this study is to examine the influence of contextual factors related to company size and ownership on the implementation of lean practices. In doing so, a methodological approach was implemented after a thorough review of the literature on the topic. A comparative review on the definitions of contextual factors disclosed varying descriptions as expressed by different researchers. The analyses showed that contextual factors do not have any impact on the implementation of lean practices. The findings revealed that the contextual factors are unsuitable as mediators since there is no evidence of their effects on lean practice implementation. This study is the first attempt at examining the influence of contextual factors on the implementation of lean practices in Malaysian furniture industries. The theoretical and practical contributions of this study offer a valuable insight into the potential lean implementation in the context.

The Market’s Maturity for Public Procurement of Circular Furniture: A Study from Latvia

The Market’s Maturity for Public Procurement of Circular Furniture: A Study from Latvia

Author(s): Jana Simanovska,Inese Pelsa / Language(s): English / Issue: 1/2021

Keywords: circular economy; circular procurement; furniture; green public procurement; market maturity; sustainable procurement;

Public procurement plays an important role in the market by making up 14% of the Gross Domestic Product in the European Union, therefore it is seen as an important instrument to promote such products and services that better meet society’s demands, for example, sustainability. Starting from 2015, circularity is an important aspect of sustainability. Furniture is among the product groups with a significant impact on the material footprint, therefore approaches to increase material efficiency and circularity are of high value. With this research, the authors investigate the market’s maturity, i.e. the readiness of suppliers to offer circular furniture and services, as well as the readiness of municipalities to uptake it. 20 companies and 27 municipalities took part in the survey. Results show that the surveyed companies currently are more ready to offer more circular products and services than municipalities require in the procurement tenders. Most surveyed municipalities are maintaining and repairing the furniture by themselves that is a circular approach but without outsourcing. The market consultation before the tendering could help to understand the market abilities better and lead to more circular purchasing contracts. This is an important task considering the importance of public procurement in promoting a circular economy.

Managerial Competencies and Firm Performance in the Furniture Manufacturing Sector in Kenya

Managerial Competencies and Firm Performance in the Furniture Manufacturing Sector in Kenya

Author(s): Jane Were / Language(s): English / Issue: 1/2022

Keywords: leadership; employee development; decision-making; succession planning; governance and management systems;

Purpose: The study aims to examine the contribution of managerial competencies with indicators, namely leadership, employee development, decision making, succession planning and governance to the performance of the furniture manufacturing sector with firm size and firm age as a moderating variable. Design / Method / Approach: The study adopted a descriptive and explanatory research design of which a sample of 280 licensed firms was randomly selected. Structured questionnaires were distributed to the managers and a factor analysis was used to reduce the number of variables and find out the underlying constructs while the analysis of moments of structures was applied to develop a theory. Findings: The study found that managerial competencies and firm performance had a positive and statistically significant contribution. The moderating effect of firm size and age on firm performance was found negative predicting that the variable had no moderating influence on firm performance. Theoretical Implications: This study concludes that to enhance firm performance measured in terms of profitability and growth there is need to manage and sustain firm performance based on leadership, employee development, decision-making, succession planning and governance to create competitive advantages through an effective strategy implementation process. Practical Implications: This study will not only add value to the existing body of knowledge in strategic management practice but also point out that while implementing the strategy, CEOs and senior managers should consider these factors in order to improve firm performance. Originality / Value: This study is unique since it provides an expansion of the conceptualization of a managerial competency framework. Research Limitations / Future Research: The study findings are solely based on the views of managers/owners and therefore, the results are prone to managers’ bias. Thus, more studies should incorporate other stakeholders, namely consumers, suppliers and dealers. The study is only based on furniture manufacturing firms in eight counties and therefore, generalizability of the findings could be limited to only the eight counties. Thus, more studies should be carried out to include other counties making the study more national. Paper type: Empirical

Adoption of open innovation and entrepreneurial orientation practices in Malaysian furniture industry

Adoption of open innovation and entrepreneurial orientation practices in Malaysian furniture industry

Author(s): Fazli Wadood,Mohammed Emad Alshaikh,Fazal Akbar,Maqsood Mahmud / Language(s): English / Issue: 2/2022

Keywords: Outbound innovation; Entrepreneurial orientation; firm performance; PLS-SEM; Malaysia;

Objective: The main objective of this research is to integrate the resource-based view (RBV) to analyse how the relationship between firm performance and entrepreneurial orientation is mediated by outbound innovation among furniture firms in Malaysia. Research Design & Methods: In this research, data has been poised via questionnaire from the furniture firms in Johor state, Malaysia. In this study, 391 responses were considered and analysed. The partial least squares (PLS) model was employed to test the hypothetical relationships among entrepreneurial orientation, firm performance and outbound innovation intention to adopt open innovation practices. Findings: Research findings show that innovativeness, competitive aggressiveness, risk-taking, outbound innovation are statistically significant factors influencing entrepreneurial orientation and open innovation adoption among furniture companies in Malaysia. However, autonomy and proactiveness do not have significant effects on entrepreneurial orientation and open innovation adoption intention. Implications & Recommendations: Few implications that are significant for academics and practitioners are also debated according to research findings. This research can serve as a guideline for successfully implementing entrepreneurial orientation and open innovation among furniture firms in an emerging economy. Thus, offering an external knowledge search-collaboration mechanisms-superior performance framework. Through using this open approach, companies will seek to find opportunities for creativity that go beyond their current capabilities to dramatically boost success. Contribution & Value Added: This research, expanding the open innovation (OI) paradigm, explicates and measures the impact of OI’s direct and mediating inputs on entrepreneurial orientation (EO) and firm performance. The results are consistent with the current OI literature demonstrating the complex connection among together outbound innovation and EO dimensions and firm performance by investigating Malaysian furniture manufacturers by building scales and evaluating their validity by developing outbound innovation. The initial findings are direct ties between entrepreneurial orientation dimensions with business performance and outbound open innovation. All the indirect (mediation) relations among the study variables were the second part of the results.

The Impact of Continuous Improvement Concepts on the Performance of Furniture Production Processes

The Impact of Continuous Improvement Concepts on the Performance of Furniture Production Processes

Author(s): Ľubica Simanová,Andrea Sujová / Language(s): English / Issue: 1/2022

Keywords: process capability; performance; furniture production; Six Sigma; Lean Six Sigma

Most small and medium-sized enterprises in the furniture industry use simple partial approaches to improve or manage production processes. The article aims to present research results focused on continuous process improvement through the implementation of Six Sigma (SS) and Lean Six Sigma (LSS) concepts in furniture production. Their impact on the performance via the level of the ROE (Return on Equity) indicator was evaluated using statistical methods of Chi-square test and Cramer’s contingency coefficient. The results of the research showed that furniture enterprises that had implemented selected methods of quality management reached a medium level of ROE values. The absence of a more comprehensive approach to managing the performance of processes was the impulse for a model creation based on the interconnection of SS and LSS concepts. The model should a practical use of appropriate methodologies and procedures in the management of furniture production processes, as well as in their optimisation. A thorough analysis of non-conforming products performed in furniture manufacturing processes transformed into SS and LSS metrics and the implementation of the model in the enterprise led to reduced process waste by reducing the number of non-conforming products, reducing the cost of such products, and increasing the capability of critical processes.Implications for Central European audience: The combination of theoretical knowledge in performance management and quality of production processes and practical knowledge from the real implementation of methods and tools for continuous improvement of production process capability in the company proved to be a good basis for creating a model within SS and LSS. These facts have contributed to the development of scientific knowledge. The presented application of methods and tools within SS and LSS will provide instructions for the use of new management methods. The specific outputs of the research work improve defining problems, measuring process parameters, analysis of measured data, improving furniture production processes.

The Discourse on Furniture Recycling. A Consideration of European Documents and Company Policies

The Discourse on Furniture Recycling. A Consideration of European Documents and Company Policies

Author(s): Cecilia Policsek / Language(s): English / Issue: 2/2022

Keywords: discourse analysis; recycling; furniture manufacturing and recycling; furniture from natural fiber composites;

The current paper acknowledges the importance assigned nowadays at different levels to environmental aspects, in general, and to recycling, in particular, and builds on the centrality of the notion of recycling to scrutinize the way it has permeated and influenced the discourse of a furniture manufacturing. It does so by using the instruments of critical literature review and considers a number of representative articles on the topic, European Union documents and documents issued by companies that produce furniture. While special emphasis is placed on companies located in Europe, the reference to areas outside Europe has also been considered relevant, from a comparative perspective. The paper aims at contributing to a better understanding of the emergent Romanian discourse of furniture recycling within the European context

The Designer Julian Pietrzyk and his Cooperation with the Artistic Furniture Factory of Szczepan Łojek

Projektant Julian Pietrzyk i jego współpraca z Fabryką Mebli Artystycznych Szczepana Łojka

Author(s): Agata Wójcik / Language(s): Polish / Issue: 2/2024

Keywords: furniture; Art Déco; Julian Pietrzyk; School of Decorative Arts and Artistic Industry in Cracow; Szczepan Łojek’s Artistic Furniture Factory in Kalwaria Zebrzydowska; Mazovian Museum in Płock;

This article is an attempt to characterise Julian Pietrzyk’s output in the field of furniture design. The basis for the analysis are pieces of furniture attributed to the designer, as well as materials relating to his education obtained from the Archives of the Academy of Fine Arts in Cracow. The aim of the article is to place Pietrzyk’s work within the currents in Polish furniture-making in the interwar period, as well as to show it in the broader context of his education at the School of Decorative Arts and Artistic Industry in Cracow. Pietrzyk’s career in furniture design was associated with Szczepan Łojek’s company. Archival query at the Archive of New Records in Warsaw, the National Archive in Cracow, and the State Archive in Katowice (Bielsko-Biała branch) made it possible to establish the history of the Artistic Furniture Factory owned by Szczepan Łojek.