my organization is ZARA. Based in La Coruna‚ Spain‚ Zara is Inditex’s main brand‚ (Fashion Forward -The Economist‚ 2012). Founded in 1975 by Amancio Ortega Zara now has stores in 73 countries. With estimated annual revenue in excess of 7 billion Euro‚ Zara has over 1700 stores worldwide‚ (Wikipedia‚ 2013). Zara has been described by Louis Vuitton fashion director as “possibly the most innovative and devastating retailer in the world”‚ (Wikipedia‚ 2013). WHY ZARA? I have used 4 suggested
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According to Erik Olin Wright‚ Contradictory Class Location is where neither capitalists nor manual workers share common features. He states that there are three dimensions of control over economic resources in the capital production. The first dimension is the control over investments or money capital. These areas of control are often controlled by Bourgeoisie’s‚ they usually people companies and lands. The second-dimension control physical means of production‚ land or factories and offices. This
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Finding the Perfect Location Business - Accounting Learning Team Assignment: Location‚ Location‚ Location You are an accountant at a small accounting firm. One of your clients is looking to open a small river-rafting business. Your client will run the business operations from a mobile home office on a piece of land on the riverbank. Your client must decide the best location to start this business and has asked you to explain the accounting advantages of choosing the best location. Your client is
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it is identified how the well known textile company “Zara” keeps the inventory lowers than their competitors‚ and how that contributes to Zara’s success. Also in the case study are identified a few characteristics of Inventory Management and the advantage and disadvantages to keep the Inventory low. In the following paragraphs it is describe what mean Inventory Management and there are 5 significant reasons to maintenance an inventory‚ also Zara believes that Inventory it’s equal to death of the firm
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Importance of Location Decision in retail Business; The importance of the location decision is due to the following factors. Location is a major cost factor because it 1. Involves large capital investment 2. Affects transportation costs 3. Affects human resources cost‚ e.g.‚ salaries etc Location is a major revenue factor in retail business because it 1. Affects the amount of customer traffic 2. Affects the volume of business The terms ‘location’ and ‘site’ are often used interchangeably
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Comparison of Zara and Benetton Supply Chains REPORT Master Supply Chain and Purchasing Management (MSCP) Date 11.02.2010 Outline I. Supply Chain strategy 3 II. Supply Chain structure 5 III. Supply Chain processes 6 IV. Supply Chain management practices 7 V. Supply Chain performance 8 VI. Strengths and weaknesses 9 Bibliography 10 Appendix 11 I. Supply Chain strategy The purpose of this report is to compare the supply chains of Zara and Benetton‚ two global players of
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ZARA: THE TECHNOLOGY GIANT OF THE FASHION WORLD 2010 BACKGROUND Zara brand is the flagship chain store of Inditex Group; the Inditex Group is integrated by: ZARA‚ OYSHO‚ UTERQÜE‚ BERSHKA‚ STRADIVARIUS‚ MASSIMO DUTTI‚ and PULL AND BEAR. The owner of Inditex Group is the tycoon Amancio Ortega‚ the group headquarter is located on Coruña‚ Galicia‚ Spain‚ this was the place where the first Zara store opened in 1975. Zara has resisted the industry-wide trend towards transferring fast fashion production
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1 Business location checklist (Print out this checklist to complete it.) Basics Have you determined your requirements (size‚ street frontage‚ services‚ etc) before approaching the market? Yes No Do you propose to lease or purchase? Have you made contact with previous tenants or owners to determine the history of the site? Have any disadvantages become apparent? Is the site suitably zoned? Have you assessed the site for the sales potential of the area‚ economic and demographic factors
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Zara Fast Fashion Case Study 1- What’s behind Zara success? Zara success comes not only from adapting the latest to the latest trend in fashion through what they sell‚ it’s mostly from how fast they deliver their cutting edge fashion and the most current trend to eagerly awaiting customers ahead of all the competitors through their fast distribution system. Zara can take new fashion concept through design‚ manufacturing and store shelf-placement in as little as 2 weeks whereas competitors take
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Ahimsa Lot-1.068‚ 1st Floor‚ Endah Parade‚ 1‚ Jln‚ 1/149E‚ Bandar Baru Sri Petaling (57000 KL) Vegan-friendly‚ Asian Ba Xian Vegetarian Court 12‚14‚14-1‚ Persiaran Mergatua‚ Kepong Baru (52100) 603-62778052 Vegan‚ Chinese‚ Thai‚ Buffet‚ Take-out. Alaka and steamboat. Buffet RM7.80 per person. Accept credit cards. Opened daily 10am-10pm. Berjaya Time Square 10th Avenue Food Mall Jalan Imbi‚ Level 10‚ Bejaya Times Square (at Aircondition Food Court) 03-79829135 Vegan‚ Chinese‚ Fast
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