PLANETA ZARA | Production Management | Sara Landa Gonzalez | TABLE OF CONTENTS 1. Inditex Group …………………………………………………………………...2 1.1 Strategies …………………………………………………………………...2 1 Zara …………………………………………………………………...3 2.2 Business Model …………………………………………………………...3 2.3 Competitive advantage …………………………………………………...3 2.4.1 Short lead time …………………………………………………...4 2.4.2 Lower quantities …………………………………………………...4 2.4.3 More styles …………………………………………………………
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1. Zara was developed with the initial goal to link customer demand to manufacturing‚ and link manufacturing to distribution. Goals such as short production times‚ decreased inventory risk‚ and great choice of clothes have helped formulate a unique value and shape Zara’s current business model. Zara’s business model is based on three aspects: Zara’s fundamental concept is to maintain design‚ production‚ and distribution processes that will enable Zara to respond quickly to shifts in the consumer
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Product classification of Zara • Most clothing are classified as an “durable good” as they are used up slowly‚ • Clothing doesn’t need to be disposed of after being worn once‚ but rather could be cleaned and reword until a tear within the seams or a stain kills it‚ or ultimately it goes out of style [pic] Product Lifecycle • Due to the clothing industry is mainly backed behind by what is “cool” or “hip” to date‚ clothing often needs to refresh its look in order to attract customers to purchase
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controller that could control certain registers. These point of sale systems were the first to commercially utilize client-server technology‚ peer-to-peer communications‚ Local Area Network (LAN) backups‚ and remote initialization. In the late 1980s‚ retail software based on PC technology began to make its way into mainstream retail businesses. Today‚ retail point of sale systems are light years ahead of where they began. Today’s POS systems are faster‚ more secure‚ and more reliable than their predecessors
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What would you do if you won $500‚000? If you won $500‚000 in the lottery‚ what would you spend it on? There are a lot of different ways that people would choose to spend this money. Some people would choose to spend it on themselves‚ others would choose to give it all away to charity. The way I would spend it would be a mixture of the two. (67) First‚ I would take $250‚000 and put it in the bank. If it is in the bank for a while‚ it will draw around four to five thousand dollars in interest
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developing the infrastructure system‚ the basic physical and organisational structures or services and facilities needed for economical and social applications‚ as a momentous factor for national economy soaring. According to Thanh and Dapice (2009)‚ after the financial crisis in Southeast Asia in 1997‚ investments into infrastructure were 10% of GDP on average‚ assisting Vietnam in becoming one of the most East Asian economies renown for its expenditure in upgrading infrastructure. On the
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In comparing the three authors and the literary works of women authors‚ Kate Chopin (1850 -1904)‚ "The Awakening"‚ Charlotte Perkins Gilman ’s (1860-1935)‚ "The Yellow Wallpaper"‚ and Edith Wharton ’s (1862-1937) "Souls Belated"‚ many common social issues related to women are brought to light‚ and though subtly pointed out are an outcry against the conventions of the time. In these three stories‚ which were written between 1899 and 1913‚ the era was a time in which it seems‚ women had finally awaken
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A Zara - What did we learn? The case examines Zara‚ or its parent Inditex‚ that has established a super quick response value chain system. Traditional apparel value chains take months before a fashion season begins‚ but Zara is able to observe what is hot (and what is not selling) and responds quickly on the up-to-date fashion trends. As a result of Zara’s outstanding results‚ Inditex has expanded into 40 countries by 2001. • A quick comparison (see Class PowerPoints for financial
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Pennsylvania Size: 2 Locations Platform: Square Cost: Under $1‚000 Bottom Line: Reliability and cost are both important factors in a merchant’s decision to switch from hardware to a cloud-based POS system. As a seasoned restaurateur‚ Steven Cook already knew that traditional hardware-based point-of-sale systems could be overly expensive and unreliable when he opened Federal Donuts — a shop that sells cake donuts and Korean style fried chicken — in late 2011. What he didn’t know at the time‚ however
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Key Success Objectives for Zara’s Performance Speed Speed and responsiveness to Market‚ Zara has changed the way clothing industry works where deigning‚ production and delivery to the retailers requires period of six months. The design and distribution cycle of the company takes just 10-15days in the whole process. Zara’s speed to market in product development exceeds the capabilities of its competitors. This in itself provides additional value to stakeholders‚ customers‚ and stores in producing
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