Sale software. To upgrade Zara’s current POS system‚ Zara should keep the old POS system running until the new system is ready for cut-over. The first plan is to upgrade the Information Infrastructure to support the new system. Zara must first upgrade its company’s network infrastructure from modem based to broadband based. Zara must ensure the network connectivity is available at every store. Once the network infrastructure is in place‚ Zara should contract with Intuit-HP professional services to
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Zara: IT for Fast Fashion On a beautiful August night in 2003‚ Xan Salgado Badas and Bruno Sanchez Ocampo settled into seats at their favorite tapas bar in the Spanish city of La Corufia‚ ordered pulpo gallego (octopus Galician style)‚ and resumed their argument. Salgado was the head of IT for lnditex‚ a multinational clothing retailer and manufacturer headquartered in La Corufia
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Zara Thrives by Breaking All the Rules - BusinessWeek Page 1 of 2 INNOVATION October 9‚ 2008‚ 5:00PM EST Zara Thrives by Breaking All the Rules How the Spanish apparel chain gets new designs into stores in two weeks while keeping costs low by Kerry Capell ARTEIXO‚ SPAIN Many U.S. apparel retailers are choking on slow-moving inventories as consumers hold back on spending. But Spain’s Inditex‚ whose Zara chain pioneered cheap chic‚ is zipping ahead. The $13.8 billion company‚ which
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Department 6 2.7. Strengths and Weaknesses of Operations Department 6 2.8. Recommendation for Operations Department 6 2.9. Summary of Recommendations 7 3. Evaluation of outsourcing companies 7 3.1. Evaluation of Company 1 7 3.2. Evaluation of Company 2 8 3.3. Evaluation of Company 3 8 3.4. Outsourcing Company recommendation 8 Conclusion 9 1. Introduction Valentino’s is a dating agency which has established a name in the industry since 1976 with over 8 million customers
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Case 2: Zara 1. What are the essential elements of Zara’s business model? The business idea of Zara is to link customer demand to manufacturing‚ and to link manufacturing to distribution. And based on this general idea‚ Zara has several essential elements for its business model. First‚ speed and decision making‚ which means that in the external level‚ Zara need to respond very quickly to demands of target customers‚ and always keep in style. While for the inside‚ Zara treasure intelligence
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Procurement at Betapharm Corp. (A) Notes George Brannigan‚ Vice President Doug Burke‚ Director of eSourcing - Betapharm recently implemented the Emptoris ePass system‚ which facilitates eProcurement activities and‚ specifically‚ reverse auctions Industry Information - Pharmaceutical sales experienced average growth in the low teens between 1996 and 2003‚ single-digit growth was expected over the next few years - Betapharm outperformed the industry - Industry benefited from increased demand
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Zara is one of the largest international fashion companies which belongs to the Inditex Group operating in textile design‚ manufacturing and distribution. Inditex is known to be the most successful fashion retailers in the world. The Inditex Group is made up of more than one hundred different companies which each have helped gain the success of the group. The Fashion Companies owned by the group include Pull and Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius and Zara being its Flagship chain store. The
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products are shipped twice a week allowing constant changes in style selection. Customers enjoy coming to Zara because each time they shop‚ they find new clothes‚ shoes and accessories. This intrigues them and‚ as a result‚ prompts them to visit Zara’s stores more often than its competitors’. By constantly introducing new‚ low-price items‚ Zara entices new and existing clients to return to Zara regardless of sales. Such a business model increases customer satisfaction as well as company profits
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Research papers Zara : A. Clearance Pricing Optimization for a Fast-Fashion Retailer Summary: The research paper ‘Clearance Pricing Optimization for a Fast-Fashion Retailer’ talks about how Zara has increased its clearance revenues by approximately 6% by following a price optimization model. Zara uses minimal in-season promotions and offer continuous changing styles. However they were facing clearance pricing problem because it involved comparatively more different styles of unsold inventory
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Department with approximately 300 people Negotiated procurement – works best for large purchases i.e.‚ equipment‚ land‚ or buildings. Companies require negotiation as part of the process in order to lower the cost of the assets as much as possible. This method will often need different competencies from the procurement office. The technology industry typically negotiated procurement process. During the negotiated procurement process‚ no one can get from the government‚ a contractor’s
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