Ingka Investments, the investment arm of IkeaIngka Group, which owns the largest number of IKEA stores worldwide, has recently acquired supply chain software firm Made4Net. This strategic move comes as IkeaIngka Group plans a significant expansion in the United States and aims to boost its online sales. With the increasing demand for fast and efficient delivery services, IkeaIngka Group’s decision to purchase Made4Net is driven by the need to meet customers’ expectations for next-day or same-day delivery options.

Made4Net specializes in developing software for warehouse management, analyzing worker productivity, delivery routes, and overall efficiency. By implementing Made4Net’s software into its operations, Ikea aims to enhance its warehouse and logistics functions, leading to improved customer satisfaction and cost reduction.

Tolga Oncu, the head of Ikea Retail at Ingka Group, emphasizes the need for a more sophisticated fulfillment operations system with accurate data to support order handling. The acquisition of Made4Net aligns with this vision and is expected to enhance Ikea’s ability to deliver a seamless shopping experience.

As part of its expansion plan, Ingka Group intends to open eight new large-scale Ikea stores and nine smaller stores in the United States. Existing stores will also be upgraded to meet the evolving needs and preferences of American consumers. With the United States being Ikea’s second-largest market in terms of sales, this move demonstrates the brand’s commitment to capturing a larger share of the American market.

Under the deal, Made4Net will function as an independent subsidiary within Ingka Investments and will continue to serve existing customers, including H&M, DHL, and Uber. This arrangement allows Made4Net to maintain its ongoing operations while benefiting from the expertise and resources of Ingka Group.

The acquisition of Made4Net by Ingka Investments reinforces Ikea’s commitment to improving its supply chain and logistics capabilities. By leveraging state-of-the-art technology, Ikea aims to meet the evolving expectations of modern consumers and strengthen its position in the competitive furniture and home goods industry. With a focus on seamless customer experiences and efficient operations, Ikea is well-positioned to thrive in its expansion plans in the United States and beyond.

Useful links:
1. Ingka Group Official Website
2. IKEA US Website