Zara Inventory Management Case Study
Introduction
In this case study it is identified how the well known textile company “Zara” keeps the inventory lowers than their competitors, and how that contributes to Zara’s success. Also in the case study are identified a few characteristics of Inventory Management and the advantage and disadvantages to keep the Inventory low. In the following paragraphs it is describe what mean Inventory Management and there are 5 significant reasons to maintenance an inventory, also Zara believes that Inventory it’s equal to death of the firm another competitive advantage edge for Zara is that they don’t outsource a lot but they produce in house their items and that help them to manage the inventory and to be substantive.
01:35
Inventory …show more content…
Inventory optimization models are in position to help the firm find out how many of which sizes and in which items should be delivered to stores during the twice a week shipment that Zara is using to do always and ensuring sores stock just what they want. Zara it’s designed about 12.000 new stylish models per year and deputizes ranges in every one of 650 retail stores two times a week and in several narrow quantities of stock. That does ensure that Zara’s customers will have the exclusivity. And it also avoids building up of huge quantities of disliked …show more content…
(2016). The Drawbacks of Low Inventory - DriveYourSucce$$. [online] Driveyoursuccess.com. Available at: http://www.driveyoursuccess.com/2010/01/the-drawbacks-of-low-inventory.html [Accessed 19 Jan. 2016].
Caro, F. and Gallien, J. (2010). Inventory Management of a Fast-Fashion Retail Network. 2nd ed. [ebook] informs, pp. 257–273. Available at: http://file:///C:/Users/stavros/Downloads/inventory.pdf [Accessed 19 Jan. 2016].
George, N. (2016). The Advantages of Monitoring Inventory. [online] Small Business - Chron.com. Available at: http://smallbusiness.chron.com/advantages-monitoring-inventory-18518.html [Accessed 19 Jan. 2016].
Hiiemaa, K. (2015). In the success stories of H&M, Zara, Ikea and Walmart, luck is not a key factor. [online] Erply.com. Available at: https://erply.com/in-the-success-stories-of-hm-zara-ikea-and-walmart-luck-is-not-a-key-factor/ [Accessed 19 Jan. 2016].
Kokemulle, N. (2016). Disadvantages of High Inventory Levels. [online] Small Business - Chron.com. Available at: http://smallbusiness.chron.com/disadvantages-high-inventory-levels-20400.html [Accessed 19 Jan. 2016].
Slack, N., Brandon-Jones, A. and Johnston, R. (2014). Operations management. 7th ed. United Kingdom: Pearson Education
In this case study it is identified how the well known textile company “Zara” keeps the inventory lowers than their competitors, and how that contributes to Zara’s success. Also in the case study are identified a few characteristics of Inventory Management and the advantage and disadvantages to keep the Inventory low. In the following paragraphs it is describe what mean Inventory Management and there are 5 significant reasons to maintenance an inventory, also Zara believes that Inventory it’s equal to death of the firm another competitive advantage edge for Zara is that they don’t outsource a lot but they produce in house their items and that help them to manage the inventory and to be substantive.
01:35
Inventory …show more content…
Inventory optimization models are in position to help the firm find out how many of which sizes and in which items should be delivered to stores during the twice a week shipment that Zara is using to do always and ensuring sores stock just what they want. Zara it’s designed about 12.000 new stylish models per year and deputizes ranges in every one of 650 retail stores two times a week and in several narrow quantities of stock. That does ensure that Zara’s customers will have the exclusivity. And it also avoids building up of huge quantities of disliked …show more content…
(2016). The Drawbacks of Low Inventory - DriveYourSucce$$. [online] Driveyoursuccess.com. Available at: http://www.driveyoursuccess.com/2010/01/the-drawbacks-of-low-inventory.html [Accessed 19 Jan. 2016].
Caro, F. and Gallien, J. (2010). Inventory Management of a Fast-Fashion Retail Network. 2nd ed. [ebook] informs, pp. 257–273. Available at: http://file:///C:/Users/stavros/Downloads/inventory.pdf [Accessed 19 Jan. 2016].
George, N. (2016). The Advantages of Monitoring Inventory. [online] Small Business - Chron.com. Available at: http://smallbusiness.chron.com/advantages-monitoring-inventory-18518.html [Accessed 19 Jan. 2016].
Hiiemaa, K. (2015). In the success stories of H&M, Zara, Ikea and Walmart, luck is not a key factor. [online] Erply.com. Available at: https://erply.com/in-the-success-stories-of-hm-zara-ikea-and-walmart-luck-is-not-a-key-factor/ [Accessed 19 Jan. 2016].
Kokemulle, N. (2016). Disadvantages of High Inventory Levels. [online] Small Business - Chron.com. Available at: http://smallbusiness.chron.com/disadvantages-high-inventory-levels-20400.html [Accessed 19 Jan. 2016].
Slack, N., Brandon-Jones, A. and Johnston, R. (2014). Operations management. 7th ed. United Kingdom: Pearson Education