Herman Miller, Inc. Overview
Headquarters: Michigan, US
Founded: 1905
Workforce: 7,681
Company Working: Herman Miller, Inc. (Herman Miller) manufactures, designs, and sells office furniture, office furniture systems, seating products, textiles, home furnishings, and related services in the US and worldwide. The company provides modular systems under the brands Public Office Landscape, Canvas Office Landscape, Locale, Layout Studio, Ethospace, Action Office, and Arras, among others. It also offers wood furniture under the brand name Geiger and freestanding furniture products under the brand names Sense, Intent, Abak, and Envelop. Herman Miller's products are sold internationally through wholly-owned branches or subsidiaries in several countries, including the UK, Germany, Italy, Canada, France, Japan, Korea, Mexico, Australia, Hong Kong, India, Singapore, China, Brazil, and the Netherlands.
Strategy
Herman Miller is majorly inclined towards the launch of several differentiated products by investing approximately 2% of annual revenue in R&D to enhance its product portfolio. The company is looking forward to reducing the cost of inventory and maintain efficiency, to reduce its operating cost and improve its product quality. Competitive pricing and extensive distribution into the rural areas of developing countries are a major part of the company strategies, to expand its business reach and keep growing as a market leader during the forecast period.
