Sustainable Global Value Chain: The Case of IKEA

Authors

Romana Korez Vide
University of Maribor, Faculty of Economics and Business
https://orcid.org/0000-0003-3345-5215
Anica Hunjet
University North
https://orcid.org/0000-0002-3859-7936
Vesna Sesar
University North
https://orcid.org/0000-0002-4447-9485

Synopsis

The increasing global fragmentation of production and the rise in cross-border transactions highlight the significance of tracing and understanding global value chains (GVCs). Discussing sustainability in GVCs demands a thorough examination of their intricate components. The value chain (VC) framework may be used to depict and advance sustainable paths of companies. There is a research gap in exploring sustainability implementation in the GVCs since there is no academic consensus on the relevant theoretical framework. In this case study, we link the business model and the value chain frameworks to explore the strategic and operational aspects of creating value through sustainability in the GVC. Studying the good practices of IKEA’s sustainable business model and GVC, our case study aims to provide a systematic approach to identifying value creation through cost-efficiency and differentiation in various upstream and downstream activities of the company’s value chain. We have found that this approach can increase the depth of GVC sustainability due diligence, improving insight into sustainability as a driver of a company's competitive advantages.

Author Biographies

Romana Korez Vide, University of Maribor, Faculty of Economics and Business

Romana Korez Vide, PhD, is an Associate Professor of International Economics and Business at the Faculty of Economics and Business UM. Prior to starting her academic career under the National Young Researchers Programme, she gained experience in government administration and business. Her bibliography comprises more than 390 published items, including more than 90 articles, conference papers and chapters in monographs. She worked as a principal or participating researcher on more than 20 national and international research projects, was co-editor of an international scientific journal for several years, and is a member of editorial boards and a reviewer of articles in several international scientific journals.

Maribor, Slovenia. E-mail: romana.korez@um.si

Anica Hunjet, University North

Anica Hunjet, PhD, is a Full Professor and Vice-Rector for Scientific and Artistic Work and International Collaboration at University North, Croatia. She leads the International Postgraduate Joint University Doctoral Study in International Economic Relations and Management. Dr. Hunjet has mentored 150 graduate theses and made significant contributions to technical and social sciences. Her research is evidenced by 150+ published papers in scientific journals and presentations at international and domestic conferences. She has extensive international experience through ERASMUS+ and CEEPUS programs, contributing to teaching and professional training across borders.

Koprivnica, Croatia. E-mail: ahunjet@unin.hr

Vesna Sesar, University North

Vesna Sesar, PhD, is an Assistant Professor at the Department of Logistics and Sustainable Mobility, University North in Croatia. She holds an MBA in management from the Faculty of Economics, University of Zagreb and PhD in management from the joint doctoral studies of FH Burgenland in International Economic Relations and Management. Before starting scientific career, she gained professional experience in finances as financial analysis and accounting as head of accounting. She has published over 50 scientific articles, participated in numerous international conferences and worked on many scientific projects. Her research work is focused on the field of management, controlling and sustainability.

Koprivnica, Croatia. E-mail: ahunjet@unin.hr, vsesar@unin.hr

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Published

December 24, 2024

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Sustainable Global Value Chain: The Case of IKEA. (2024). In Študije primerov EPF: Razvoj, trajnost in inovacije v poslovni praksi 2024 (pp. 201-230). University of Maribor Press. https://press.um.si/index.php/ump/catalog/book/952/chapter/234