Hong Kong Institute of Vocational Education (Lee Wai Lee) Higher Diploma in Sales and Marketing – YEAR 3 Marketing Planning ZARA Course code/Class: 21905F/3D Group members: Chan Oi Yee (3) Chan Wing Sum (4) Cheng Jacqualine Wing Chun (5) Chiu Ka Man (9) Fong Ka Man (13) Leung Hoi Yi (22) Lecturer: Ms Cherry Tsui CONTENT INTRODUCTION EXCECUTIVE SUMMARY SITUATION ANALYSIS (PEST) SITUATION ANALYSIS (SWOT) SITUATION ANALYSIS (5 FORCES) OBJECTIVES (SHORT TERM) OBJECTIVES (LONG TERM) OBJECTIVES
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firms to be more responsive to changes in market needs and less vulnerable to competitors. On the other side‚ vertical integration has the following disadvantages‚ capacity balancing issues‚ potentially higher costs due to low efficiencies resulting from lack of supplier competition‚decreased flexibility due to previous upstream or downstream investments‚ decreased ability to increase product variety‚ developing new core competencies may compromise existing competencies and increased bureaucratic costs1
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sales‚ and service. By providing a full 360-degree view of customers‚ the system enables a consistent and continuous customer dialogue based on real-time information. With this advanced CRM solution set‚ you can make the most of every interaction with every customer across every channel or touch point. As a result‚ you gain true customer insight‚ along with the ability to act on that insight. Infor’s CRM software system helps companies like yours: • Run campaigns that align with your customers’
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CASE STUDY ANALYSIS ZARA: IT FOR FAST FASHION Introduction The success of Zara in apparel manufacturing and retail business started from their belief that customers taste in fashion is hard to predict. Zara’s strategic intent to respond quickly and accurately to the fastchanging market demand has become the basis in building their core competency of highly responsive supply chain. This supply chain enables Zara to quickly capture the unpredictable market demand‚ shorten the turnaround production
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then send the goods to the warehouse. From there‚ the warehouse records and sends the appropriate amount of goods to the store. And from the store‚ the goods are sold to the customer. | Red: Flow of Money | From the store‚ the customer will buy the goods. The store will hold on to the money until a certain amount has been reached‚ at which point‚ it will be sent to HQ. HQ will place the money in banks or some sort of storage. HQ will use the money raised from the stores to pay the supplier for the
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Introduction: The following report is the study conducted to analyse the financial performance conducted for Zara UK (Fame‚ 2008). Turnover: Considering the trends in Turnover [pic] It can be seen that there has been a major rise in turnover since 2002. One of the points that can be noted that there has been a major increase in the turnover since 2006. This is mainly due to increase in sales. The prospect for 2008 appears good and there is a potential for increasing turnover. However‚ the
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famous fashion designer and entrepreneur. * He is a founder of ZARA‚ co-founder and chairman of Inditex Group * Thanks to his great management skills he is Spain’s richest man and 5th richest man in the world (net worth of $31 billion) * „ZARA“ is a part of a holding company called Inditex. Inditex is now the largest textile company in the world. Includes 8 brands: Zara‚ Zara Home‚ Bershka‚ Stradivarius‚ Pull&Bear‚ Massimo Dutti‚ Oysho i Uterqüe * “To copy the fashion and make
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The role of market orientation on company performance through the development of sustainable competitive advantage: the Inditex-Zara case Andres Mazaira  University of Vigo‚ Oureuse‚ Spain E. Gonzalez  University of Vigo‚ Oureuse‚ Spain Ruth Avendano Ä University of Vigo‚ Oureuse‚ Spain Keywords Market orientation‚ Competitive advantage‚ Clothing industry‚ Organizational culture Abstract This paper has been developed as a part of research seeking to verify the effects of organisational
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The objective of this paper is to analyze and evaluate the operations strategy of Zara. To do this‚ it will be used the operation strategy matrix‚ that defines on the vertical side the performance objectives of the company and on the horizontal side the different areas in which decisions can be made. The intersection of both will show which the critical areas of Zara’s operations are. In order to reach a deep level of analysis‚ it is very important the task of defining both the performance objectives
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New entrants will have to deal with high and large fixed cost * incentive because of profitability of zara * newest fashion at an inexpensive price * Zara as part of the Spanish Inditex Group‚ can benefit from the micro-economic concept of the Economies of Scale. Hence it gains cost advantages as production (scale) increases * Zara is operating within the market of “fast fashion” hence size as well as economic efficiency matter. Inditex’s superior supply chain management has been consistently
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