Zara as being one of the major international clothing retailers stands out with its business and marketing model. Zara is also often one step ahead of the high-fashion ready-to-wear brands by providing similar garments made with less expensive fabric so prices much lower. Zara’s business model is characterized by flexibility‚ which is a production method that fulfils demand in order to manage quick turn-around‚ limited season stock and at a low price. The secret to Zara’s success is that‚ although
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The purpose of this essay is to discuss different supply chain management approaches taken by H&M‚ Benetton and Zara. It is first necessary to explain what a supply chain management means. Supply chain management involves planning‚ design‚ maintenance and control of the flow of materials and information along the chain in order to efficiently satisfy customer’s requirements (Schroeder‚ 2000). Such an approach‚ of looking at the entire supply network helps organisations identify their competitive
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Question No1.Advantages of responsive supply chain of Zara? A responsive supply chain of Zara works collaboratively among the stakeholders to exchange information in a feedback loop in order to produce enough of a product to satisfy uncertain demand. Zara has greater visibility into the supply chain which makes it responsive to the current market. This allows Zara to sense and respond quickly to capitalize on new opportunities. The information systems are the heart of the business model which enables
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Leagility Defined for the Supply Chain Two words‚ lean and agile‚ combine to make the word leagility. Supply chain managers need lean supply lines to eliminate waste and keep costs low. They also require agile supply chains to get the right amount of the product to the right place in order to satisfy the ever-changing nature of the marketplace. Traditional management recommended a lean supply chain for products with a stable demand‚ yet low profit margin. Conversely‚ products with a high profit
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SUPPLY CHAIN MANAGEMENT 25 Raising the Bar The supply chain TOP BY DEBRA HOFMAN AND STAN ARONOW‚ GARTNER‚ INC. The 2012 ranking of supply chain leaders from Gartner includes a broad mix of global companies—a few new to the list‚ but most having recorded multiple appearances. These leaders share certain characteristics that drive day-to-day performance while solidifying the foundation for future growth. Their standout performance is raising the supply chain leadership bar for companies
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Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. The stages in a supply chain are normally the supplier‚ the manufacturer‚ the distributor‚ the retailer‚ and finally the customer. The first stage of the supply chain is the supplier. Initially‚ the supplier provides the material necessary for the production of the soda can to the manufacturer‚ who had previously passed an order for the material. When the
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International Journal of Modern Engineering Research (IJMER) www.ijmer.com Vol.1‚ Issue.2‚ pp-747-751 ISSN: 2249-6645 IMPORTANCE OF INFORMATION TECHNOLOGY FOR EFFECTIVE SUPPLY CHAIN MANAGEMENT Prof. Himanshu S. Moharana1‚ Dr. J.S. Murty2‚ Dr. S. K. Senapati3‚ Prof. K. Khuntia1 1 (Raajdhani Engineering College‚ Bhubaneswar‚ Odisha) India 2 (Ex-Head‚ Design‚ RRL‚ Bhubaneswar‚ Odisha) India 3 (Professor‚ Dept. of Mech. Engg.‚ IGIT‚ Sarang‚ Odisha) India ABSTRACT In order to survive and beat the
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Vaibhav S. Shah INDEX SR NO. DETAILS OF CONTENT PAGE NO. 1 Organization Details 4 2 Vision‚Mission‚Philosophy 5 3 Plant Locations 6 4 Product Line 7 5 Competitors 15 6 Raw Material Required 16 7 Manufacturing Process 17 8 Promotion Strategy 23 9 Distribution Details 24 10 Customer Detail 26 11 Supply Chain Management 27 12 References 30 Organization Detail Name: Nirma Limited‚ Inception of Nirma Nirma is one of the most recognizable Indian brands. Its story is a classic
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Supply Chain in the Travel Industry The travel industry is an industry that is in constant change. It is the type of industry that must change with the times‚ including how it conducts business‚ how it sells its products and services‚ and how each link of their supply chain works and connects with the rest of the chain. While each brick and mortar location and travel website are similar to their counter parts‚ each one has a varying supply chain they use in order to get their product and services
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Question 1: There were several interrelated issues that Cisco’s supply chain faced. Inaccurate Demand Forecasts Firstly‚ the demand forecast accuracy on which decisions were based was low. Customers at the time were placing the same order with several suppliers and closing the deal with the supplier that delivered the order first. As noted in the Cisco Systems Case Study‚ due to this practice‚ an order for 10‚000 routers simulated demand for 30‚000 machines. Cisco’s sales force failed
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