These Villages in Thailand Are Part of the Global Economy. Go to Ikea to Find Out. - News Summed Up

These Villages in Thailand Are Part of the Global Economy. Go to Ikea to Find Out.


Ikea had entered into an earlier relationship with the Doi Tung weaving factory, a business that was created in 1993 with seven female weavers, drawing on traditional skills and tribal models. The factory was able to open up markets beyond the women's villages, and in 2007, Ikea stepped in to provide training and quality control. “Our customer base is diverse, so our supply base should be too,” said Megan Stowe of Intel, who manages the semiconductor giant’s program for expanding diversity of suppliers. In 2017, it set a goal of $100 million in contracts with women-owned businesses by 2020; recently it doubled that goal. Intel also actively seeks out bids from minority-owned businesses in several countries, Ms. Stowe said.


Source: International New York Times November 19, 2019 09:56 UTC



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