Final Project: Zara Logistics Introduction Zara is a Spanish-based retail chain owned by the group Inditex who has taken a new approach in the industry and has completely changed the fashion world. Zara specializes in inexpensive fashions for women and men between the ages of 16 and 35. Zara has created a competitive advantage: they own their in-house production and they have an impressive logistic strategy. By owning its in-house production‚ Zara is able to be flexible in the variety‚ amount
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Global Agenda Council on Logistics & Supply Chain Systems 2012-2014 Outlook on the Logistics & Supply Chain Industry 2013 July 2013 Published by World Economic Forum‚ Geneva‚ Switzerland‚ 2013 All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ or otherwise without the prior permission of the World Economic Forum. World Economic Forum 91-93 route de
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Supply Chain Risk Management in Procurement and Logistics Report by iMBA 2015 students: Content 1.Introduction and Summary………………………………………………………………….. 3 2. Types of the risks ………………………………………………………………….…………… 3 2.1 Delay of delivery ……………………………………………………………………. 3 2.2 Force Majeure ……………………………………………………………………….. 4 2.3 Procurement risk ……………………………………………………………………. 5 2.4 Receivables risk ……………………………………………………………………... 5 2.5 Inventory risk …………………………………………………………………………. 6 2.6 Capacity risk
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LogForum > Electronic Scientific Journal of Logistics < http://www.logforum.net ISSN 1734-459X 2010 Vol. 6 Issue 3 No 3 EVOLUTION OF COMPETENCIES OF LOGISTICS AND SUPPLY CHAIN MANAGERS Danuta Kisperska-Moroń University of Economics‚ Katowice‚ Poland ABSTRACT. One new concept emerging in current business reality is a virtual supply chain. This paper indicates in what way a virtual supply chain‚ that is subject to constant changes‚ influences the requirements for competencies of managerial
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1. Logistics is the key to the success of supply chain of a business firm. Define. A supply chain consists of the series of activities and organisations that materials move through on their journey from initial suppliers to final customers. Logistics is the function responsible for all aspects of the movement and storage of materials on their journey from original suppliers through to final customers. Logistics are integral to the supply chain. They include inbound shipments‚ outbound shipments
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CHALLENGES FOR LOGISTIC & SUPPLY CHAIN MANAGEMENT IN SLOWDOWN A distinct feature of this economic slowdown is the direct degradation of consumer’s assets which has wiped out hundreds of billions of dollars in wealth. And consumers have responded by spending conservatively and concentrating on improving their savings. This new era of low spending and unpredictable consumer behaviour has rendered many demand-forecasting models inaccurate or even obsolete. Therefore‚ companies across the world are
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1.2 What specific role does logistics play in supply chain operations? Logistics is the primary conduit of product and service flow within a supply chain arrangement. It is the work required to move and to position inventory throughout a supply chain. It is a combination of order management‚ inventory‚ transportation‚ warehousing‚ material handling and packaging as integrated throughout a facility network. Logistics is essential for effective supply chain connectivity. 1.4 Compare and contrast
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The Analysis of Hong Kong SASA’s Supply Chain and Logistics System ZHANG Chaoying‚ WEI Xiao Beijing Institute of Petrochemical Technology‚ P.R.China‚ 102600 zhangchaoying@bipt.edu.cn Abstract:Hong Kong SASA International Holdings Limited is the largest and leading cosmetics retailing and beauty care service group in Asia. Its sale prices are much lower than those of exclusive stores and counters because it adopts the strategy of bulk purchase throught the world and marketing many brands comprehensively
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integrated supply chain explaining how it supports the "fast fashion" model. Zara‚ Spanish clothing with retail chain throughout the world is probably the world’s fastest growing retailer with almost a thousand stores. Zara has it own unique business model that enabled Zara to be compete with its competitors‚ and it’s driven by Zara’s "fast fashion" with its vertically integrated supply chain. Vertically integrated supply chain allowed Zara to successfully build up a strong retail chain combine with
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the CRM process? b. WIP inventories(No Answer) 1. Information Management 2. transportation rate 3. CORRECT: are associated with manufacturing 4. short run analysis. b. The logistics/supply chain network transformation team(No Answer) 1. CORRECT: must be aware of the firm’s overall business and corporate strategies and the supply chain in which it participates. 2. is one of the most commonly used techniques. 3. on the movement and storage of product. 4. assumes that the raw materials sources
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