New collection Launch | Marketing Plan 22.10.2009 1 SITUATION ANALYSIS Zara Brand Wheel Fashionable clothes Varied assortment Trendy colors Feminine cuts Fashionable product lines for moderate costs Customer-‐centered business Runway trends adapted for the streets Brand Essence Fashion-‐oriented woman Trendy in every situaFon
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Developing innovative products/services for broad range of customers Zara creates a “fast fashion” concept which getting designs to customers quickly. It has more style than Gap‚ faster growth than Target‚ and logistical expertise rivaling Wal-Mart. 2. Significant investments in Marketing‚ Technology Development‚ Procurement & Customer Service ZARA takes just two weeks to get a new design from drawing board to store floor. ZARA invested much in developing its technology like e-business and ERP
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Zara Case Analysis Zara’s Marketing Strategy • Produce a product that can adjust and fit multiple trends and can adapt quickly to new style. • Pride itself on its location (usually on the best street in big cities) as opposed to spending money on public advertisements. • Target a youthful and vibrant culture. • Have current and efficient technology in their stores. Target Market • Young‚ fashion- conscious city dwellers. • Rapidly changing style that needed to cater to people who were not
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Zara: The Technology Giant of the Fashion World Introduction The term “fast-fashion” has come to revolutionize the world of fashion; this business model has created frenzy among competing retailers attempting to capture market share in this ruthless industry. Zara is the clothing and accessories retailer seated atop the industry; Zara is the flagship specialty chain of Spain-based conglomerate Inditex consisting of 1495 stores. Based in Arteixo‚ Galicia‚ and founded in 1975 by Amancio
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implementing a new inventory management system by installing new technology to make things simplified and more efficient. The new ASRS systems will perform‚ on average‚ 8x the amount of work that a manual picker can perform in one hour. That translates to one ASRS will perform the same as the sum of your current staff. The idea of bringing in two machines to double your processing speed while cutting your storage space in half by storing vertical is a great first step in inventory management. The issue
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Zara case Zara uses a vertically integrated system (VMS): In this system‚ wholesalers‚ retailers and distributors work as a unified system. One channel owns the others. They have a corporate VMS system‚ because Zara has managed to build a system that is controlled from the headquarters and it allows a quick response to decide and solve problems. Inditex‚ Zara’s parent company owns most of the resources to design‚ produce and distribute. Recommendations: Instead of doing everything themselves
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merchandiser to have deeper understanding about the latest visual merchandising and windows display which issued by the headquarter team. Intranet is a cost-effective method that share the information at once and worldwide can be seen those information. Since Zara expands its business to more than 200 stores located over 88 countries‚ Intranet can be the platform that time of seeking documents can be saved. As a result‚ productivity can be enhanced as time can be saved and files are concentrated in one platform
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ZARA"Compare and Contrast the approaches taken by H&M‚ Benetton and Zara to managing their supply chains". Design Brand | Method | H & M | Mainly in-house designers who design garments to a price point to produce designer garments at a reasonable price. Pattern designers are an important part of the process due to all garments being manufactured by third parties. | Zara | Separate the design into three market segments‚ Women’s‚ Men’s and Children’s lines. Each segment has it’s
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ON “INVENTORY MANAGEMENT SYSTEM” Submitted in Partial Fulfillment of the Requirement for the AWARD OF THE Degree of MASTER OF COMPUTER APPLICATIONS SUBMITTED BY YATENDRA SOLANKI (UNIVERSITY ROLL NO: 0909414117) DEPARTMENT OF COMPUTER SCIENCE GALGOTIAS INSTITUTE OF MANAGEMENT AND TECHNOLOGY 1‚ KNOWLEDGE PARK 2 GREATER NOIDA (U.P) – 201 306 MAY‚2012 CANDIDATE’S DECLARATION I‚ hereby certify that the work which is being presented in the project entitled “INVENTORY MANAGEMENT SYSTEM”
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Study Trip Report - Madrid How did Zara become a successful player in the global fashion market? 1. Abstract This academic report is connected to the study trip topic “Adaption of Spain to a globalized economy”. It is focused on the international development of Zara Clothing in an international competitive market and is based on current news‚ statistics and the company his annual report. A few years ago‚ the retailer introduced a unique business process‚ which makes them the leader in fast
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