Monday, February 17, 2020
INDUSTRY ANALYSIS PROJECTS Research Paper Example | Topics and Well Written Essays - 1750 words
INDUSTRY ANALYSIS PROJECTS - Research Paper Example of this paper is to demonstrate how industry structure and environmental forces affect the competitiveness, profitability, investment opportunities and choice of strategies for the office furniture industry. Major processes and products of the industry are also covered in the paper, its NAICS code, and the value chain starting from the major inputs to the end user. The key success factors (KSFs) are also discussed and their relevance to the growth of the industry. The Canadian office furniture manufacturing industry deals with a wide range of products ranging from cabinets, bookcases, desks, chairs, filing cabinets and desks. The industry also manufactures store and office fixtures, including cafeteria countertops (except bathroom and kitchen), partitions and furniture parts (IBIS World, 2015). Customers may order furniture that is customized or predesigned. The furniture may also be sold assembled or unassembled depending on the destination market and the customer demands. Major activities in the industry include manufacture of office furniture, manufacturing showcases, lockers, shelving, and partitions. Additionally, the industry deals with custom architecture woodwork and special wood fixtures. Manufacturing is done in line with the North American Industry Classification System (NAICS). Canada is the second largest marketer of office furniture in the world and the leading exporter in the United States. The domestic production of furniture in Canadian markets has expanded over the years. The industry has greatly contributed to increased employment rates and is one of the factors helping to bridge the economic gap in the Canadian markets. The Canadian Office Furniture industry is classified under NAICS code 33721CA. Other related NAIC codes include 337110 for wood kitchen cabinet and countertops, 33712 for household and institutional furniture, and 337121 for household upholstered furniture. However, this paper deals specifically with office furniture under
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