Page 1 of 2 ASSIGNMENT 1ST SEMESTER : STRATEGIC MANAGEMENT (STRM) BUSINESS MANAGEMENT 3 (BM303) CHAPTERS COVERED : CHAPTERS 1 - 5 DUE DATE : 3:00 p.m. 18 MARCH 2014 TOTAL MARKS : 100 CASE STUDY : ZARA CLOTHING INSTRUCTIONS TO CANDIDATES FOR COMPLETING AND SUBMITTING ASSIGNMENTS The complete ‘Instructions to Students for Completing and Submitting Assignments’ must be collected from any IMM GSM office‚ the relevant IMM GSM recognised Additional Tuition
Premium Management Question Gospel of Mark
Zara Case: Fast Fashion from Savvy Systems a gallaugher.com case provided free to faculty & students for non-commercial use © Copyright 1997-2008‚ John M. Gallaugher‚ Ph.D. – for more info see: http://www.gallaugher.com/chapters.html Last modified: Sept. 13‚ 2008 INTRODUCTION The poor‚ ship-building town of La Coruña in northern Spain seems an unlikely home to a techcharged innovator in the decidedly ungeeky fashion industry‚ but that’s where you’ll find “The Cube”‚ the gleaming‚ futuristic
Premium Fashion
Strategic Operation Management Assignment Zara fashion Zara is a clothing and accessories retailer selling stylish apparel at affordable prices‚ and it is also the most profitable brand of the Spanish clothing retail group Inditex SA. Ortega planned for this new Zara outlet‚ located near his factory in La Coruna in northern Spain‚ to sell this overstock merchandise himself. Since then‚ Zara has expanded into 500 stores in 68 countries as of January 2007 and has become a leader in customized
Premium Supply chain management Management Logistics
pg. 56 1111 MANAGING THE MoST IMPORTANT AssET: BRAND EQUITY by David A. Aaker hat is going on in branding? • Gatorade‚ like many strong brands throughout the world‚ is facing the specter of major competitors entering their market and price erosion. They wonder how to respond without damaging their equity. • 3M decided that their branding was getting out of control‚ so they developed a committee of the top executive vice presidents in the company to approve all new brand names
Premium Brand Brand management Advertising
------------------------------------------------- Masters in Financial Management ------------------------------------------------- 2011 - 2012 ------------------------------------------------- ------------------------------------------------- Zara: responsive‚ high speed‚ affordable fashion ------------------------------------------------- Strategic Management Prof Dr Peter Verhezen Quynh Lan Nguyen Engaging in irregularities is severely sanctioned in correspondence with article
Premium Inditex Strategic management Customer service
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
Premium Inventory Generally Accepted Accounting Principles Financial ratios
1. How would you describe Zara’s financial performance? Since only Inditex historical financials are shown in the case‚ we took the financials of Inditex to describe Zara’s financial performance. It is reasonable to take Inditex financial data because Zara made up 76% of Inditex’s sales in 2001. Zara (Inditex) Financial Performance in 1996-2001 1996 1997 1998 1999 2000 2001 Liquidity Ratio (current ratio) 0.81 1.00 0.88 0.87 0.90 1.02 Leverage Ratio (debt/ equity) 1.98 1.84 1
Premium Leverage Inditex Leveraged buyout
Zara Case Study Main Problems of the Company: Although it seems that the highly centralized distribution system that Inditex uses when it comes to Zara’s operations proves to be profitable and sustainable‚ in the long run in may lead to an impasse in several different directions for the clothing manufacturer. Sustainability of the Global Expansion: Although the centralized decision making reduces the whiplash effect on the overall supply chain‚ this strategy is not entirely without its drawbacks
Premium Supply chain management Customer Marketing
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
Premium Management Information technology Process management
Zara Case Quest 4/5/2011 Done By: Faisal Alsawaihan Zara case Quest What Business is Zara In? (Business model) Zara is one of the Inditex group‚ which they mainly in the apparel industry. It considers the most successful brand in this group and most of profit margin is coming from Zara stores that are widespread around the world (76countries) and their main products of apparel are for men‚ women‚ and kids. As we can see from the article (It for fast fashion) and Zara’s annual report in 2009‚ the
Premium Supply chain management Clothing Inventory