CH1 60. (p. 2) What are the three reasons negotiations occur? Negotiations occur for several reasons: (1) to agree on how to share or divide a limited resource‚ such as land‚ or property‚ or time; (2) to create something new that neither party could do on his or her own‚ or (3) to resolve a problem or dispute between the parties. 70. (p. 15) Describe the strategies and tactics a negotiator would employ in a distributive bargaining situation. In distributive situations negotiators are motivated
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Albert Sedaghatpour Individual Case Analysis-Zara 7/24/09 Introduction Zara is the flagship chain store of Inditex Group owned by Spanish tycoon Amancio Ortega. The group is located in Spain‚ where the first Zara store was opened. Zara has opposed the industry-wide trend towards turning fast fashion production to low-cost countries. Possibly its most atypical strategy is its policy of zero advertising; the firm opted to invest a portion of revenues in opening new stores instead. At the end of 2001
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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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1. Zara is a Spanish clothing retailer which has 1700 stores in all over 78 countries. 2. Zara has continually maintained its mission to provide fast‚ affordable‚ and fashionable items. 3. Zara’s supply chain has undergone tremendous changes in order to sustain its competitive advantage in today’s market. 4. Zara holds 6 days worth of inventory‚ while H&M holds 52 days‚ and Spanish retailer Cortefiel holds 94 days of inventory. 5. Launched approximately 11‚000 new items per year
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Reverse logistics stands for all operations related to the reuse of products and materials. It is "the process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of capturing
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WHAT IS LOGISTICS According to Paul R. Murphy ‚ Jr. and Donald F. Wood‚ who shared the definition as promulgated by the Council of Supply Chain Management Professionals‚ one of the world’s most prominent organizations for logistics professionals‚ defined it as “Logistics management is that part of supply chain management that plans‚ implements and controls the efficient‚ effective forward and reverse flow and storage of goods‚ services and related information between the point of origin and the
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Research paper E-logistics and the natural environment Joseph Sarkis‚ Laura M. Meade and Srinivas Talluri The authors Joseph Sarkis is in the Graduate School of Management‚ Clark University‚ Worcester‚ Massachusetts‚ USA. Laura M. Meade is in the Graduate School of Management‚ University of Dallas‚ Irving‚ Texas‚ USA. Srinivas Talluri is in the Department of Marketing and Supply Chain Management‚ Eli Broad College of Business Administration‚ Michigan State University‚ East Lansing‚ Michigan‚ USA
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Case Study: Zara-Fast Fashion Case Summary: Inditex is the parent company of six different apparel retailing chains that includes Massimo Dutti‚ Pull and Bear‚ Bershka‚ Stradivarius‚ Oysho‚ and‚ most importantly‚ Zara. Zara has historically been the most profitable of the chains‚ operating 282 stores in 32 countries at the end of 2001 (Ghemawat & Nueno‚ 2006). The other five chains that are operated by Inditex have not matched the growth capabilities or revenue of Zara. Zara’s apparel offers
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TABLE OF CONTENTS 1) INTRODUCTION 2) KEY OBJECTIVES 3) HUMANITARIAN LOGISTICS ADOPTED BY WFP a) SHIPPING b) AVIATION c) SURFACE TRANSPORT 4) EMERGENCY RESPONSE 5) DISASTERS RELEIF EMERGENCY FUNDS (DREF) d) UNITED NATIONS HUMANITARIAN RESPONSE DEPOTS IN DUBAI UAE 6) THE LOGISTICS ENVIRONMENT OF DUBAI a) AIR PORT AND FREE ZONE AREA b) LEGAL FRAMEWORK c) INFORMATION ABOUT OPERATIONS i. IMPORTS ii. DOCUMENTATIONS FOR
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ZARA: IT for Fast Fashion Önder BARLAS Executive MBA Student Boğaziçi University‚ Istanbul Abstract: In 2003 Zara faced a problem whether to upgrade the operating system they used for their point-of-sale (POS) to a new Windows based one‚ or to continue using the stable and old one. This report aims to analyze the problem by conducting a SWOT analysis and offering a solution path best suited on Zara’s strategic position in the clothing industry. 1. Brief Information about Inditex and Zara Inditex
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