Background Zara Zara is a chain of stores Belonging to the Spanish fashion group INDITEX founded by Amancio Ortega Gaona. It is the company ’s flagship chain and is represented in Europe‚ America‚ Africa and Asia with 1412 stores in 69 countries‚ 500 of them in Spain. During 2007 it opened 560 stores across the group. . It has three logistics centers‚ located in the main Arteixo‚ province of La Coruna (Spain)‚ where he opened the first store in 1975 and two in Zaragoza and Madrid. In 1975 he
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Introduction Zara is a Spanish fashion and accessories retailers that founded in 1975 by Amancio Ortega and Rosalia Mera (Ledesma‚ 2013). Zara designs‚ manufactures their apparel‚ footwear and accessories for men‚ women and sells up-to-minute “fashionabilty” at low prices throughout Europe‚ US and Asia Pacific (Bilsel‚ 2014) that clearly focused on one particular market ( Nigel Slack‚ Stuart Chambers‚ Robert Johnston‚ Alan Betts‚ 2006) Business Concept The basic business concept of Zara is to maintain
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How well does Zara perform compare to its competitors? In order to see how well Zara perform compare to its competitors‚ we need to analyze a few financial ratios: Gross Profit Margin‚ Net Profit Margin‚ Net Working Capital‚ Net Working Capital Turnover‚ Return on book value of Assets‚ Return on book value of Equity‚ Return on Fixed Assets and Total Debt Ratio. Gross Profit Margin is financial metric used to assess a firm’s financial health by revealing the proportion of money left over from
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SWOT ANALYSIS A SWOT analysis is a strategic balance sheet of an organization; that is the strengths of the organization‚ the weaknesses of the organization‚ the opportunities facing the organization‚ and the threats facing the organization. It is one of the cornerstone analytical tools to help an organization develop a preferred future. It is one of the time-tested tools that have the capacity to enable an organization to understand itself‚ to respond effectively to changes in the environment
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ZARA: IT for Fast Fashion Önder BARLAS Executive MBA Student Boğaziçi University‚ Istanbul Abstract: In 2003 Zara faced a problem whether to upgrade the operating system they used for their point-of-sale (POS) to a new Windows based one‚ or to continue using the stable and old one. This report aims to analyze the problem by conducting a SWOT analysis and offering a solution path best suited on Zara’s strategic position in the clothing industry. 1. Brief Information about Inditex and Zara Inditex
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Case: Operations Strategy of Zara Question 1: Zara has a variety responsive supply chain. (a) Does it offer a competitive advantage‚ and (b) how does this affect supply chain design and performance? (a) Yes Zara’s responsive strategies improve the efficiency of information exchange in every level of supply chain; customers‚ store managers‚ designers and market specialists‚ production stuffs‚ subcontractors‚ buyers‚ warehouse managers‚ distributors‚ and so on. As a result of efficient exchange
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Danielle Edwards Jessica Ferreira MG201 29 March 2014 SWOT Analysis of Riccardis Restaurant Riccardi’s is a family style Italian restaurant that opened in 1973 with their location in New Bedford‚ Massachusetts. Since then they have managed to maintain a good relationship with their customers as they offer quality food at unbelievable prices. They pride themselves on the authenticity of their food as it is cooked “The Sicilian way”‚ and the owners/management are always involved with the
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simple? What are the principles for Zara’s business operation?  Fundamental business philosophy of Zara The fundamental business strategy of Zara is very simple which is linking customer demand to manufacturing‚ and liking manufacturing to distribution. Zara has been running their business in fashion industry which is susceptible to seasons and quick changing customer tastes. Zara has been approached to and considered their business as a perishable commodity business just like a fresh baked
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SWOT ANALYSIS: Strength: • Excellent quality service • Good networking • More consumer oriented marketing due to ALFALAH Bank • It brings new trends in mobile technology • Worldwide roaming • Choice is high and cheaper rates • Very easy to use • Proper connectivity • Defensive strategy • Online billing system • High franchises Weakness: • No attractive advertisement on media. • Very tough competition with other mobile companieslike‚ MOBILINK‚ U-FONE‚ TELENOR and ZONG • Need to
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For reading SWOT analysis Strengths Weakness 1. Cost leadership 2. Created the “Starbucks experience” 3. Employee management: 1. Over-reliance on U.S. market 2. High product pricing 3. High operating cost Opportunity Threats 1. more promotions /coupons /discounts 2. extend supplier range (global operation 3. Co-branding with other manufactures 4. New product offering 1. Relies on international trade for its coffee beans‚ price of milk. 2. More Competitive 3. Cultural values (May not interfere
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