Innovative Business Model Inditex‚ the company that owns Zara has an innovative business model that serves as the foundation of its strategic capability. The business model of Zara gives utmost importance to customer and continuous innovation. The organization considers the customer as the beginning and end of its business. However‚ Zara has pushed forward by giving the customer an active role from the start of the chain and turned it into the principal drive for its entire business model. The
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Agile Supply Chain: Zara ’s case study analysis Galin Zhelyazkov Design‚ Manufacture & Engineering Management; Strathclyde University Glasgow email: galin.zhelyazkov@strath.ac.uk Abstract Purpose – The purpose of this paper is to assess and document the key aspects in Zara ’s success by identifing current gaps‚ and to provide direction for future research efforts. Design/methodology/approach – Zara ’s case studies and literature published from 2001 to 2010 was reviewed. Findings – The review summarizes
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distribution of their clothing would be greatly hampered. Zara realizes that the customers don’t care about the channel of distribution‚ what they do care about is the customer service level. Zara’s customers have come to expect store deliveries twice a week and will plan their shopping accordingly. If the channel didn’t deliver when expected‚ then the customer would be disappointed‚ therefore‚ this is extremely important to the overall success of Zara. Not only have the customers come to expect the delivery
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Raoul and Giordano. Vision “ZARA is committed to satisfying the desires of our customers. As a result we pledge to continuously innovate our business to improve your experience. We promise to provide new designs made from quality materials that are affordable” Mission Statement “Through Zara’s business model‚ we aim to contribute to the sustainable development of society and that of the environment with which we interacts.” Target Market & Price Zara sells apparel‚ footwear and accessories
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ZARA: Responsive‚ High-Speed‚ Affordable Fashion 1.What is Zara’s value proposition? How does it differ from its competitors? Zara’s value proposition is ‘low-cost but high fashion’ together with the opportunity of having a new piece of clothing considered as ‘unique’ -that won’t be in the shop for more than 2 or 3 weeks. On short‚ as well the title of this paper states: ‘Responsive‚ High speed‚ Affordable fashion’. Stores are managed as small business‚ vertical communication and supply chain
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textile group‚ which owns the famous brand Zara. It has published its last figures testifying of its growing share value on the market. The group is leader in the European textile market and owns more than 4000 stores around the world and generates more than 85 000 jobs. Its headquarters are located in Arteixo in the North of Spain where most of the production is done. The group owns 8 brands: Zara‚ Bershka‚ Massimo Dutti‚ Pull & Bear‚ Stradivarius‚ Oysho‚ Zara Home and Uterque. For each of these brands
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the marketing approach adopted of Zara. It is now one of the most valuable‚ in fact 2nd‚ brands in the world. In 2006‚ its brand value was more than 5‚100 million dollars. In fact‚ Zara is the only brand from Spain which belongs to the list of top 100 valuable brands in the world. Currently Zara is the second most valuable brand in the world with respect to growth. Business Week‚ the leading business magazine‚ and Interbrand‚ a brand consultancy of US‚ has rated Zara just after Google in their list
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specifications of the marketing endeavors‚ the markets they are operating in ‚ as well as the competition that is faced by them. Henceforth‚ the formulation of this marketing plan‚ revolves around one of the most renowned and ell revered brand in the clothing‚ Zara. The market in which the firm aspires to flourish and propagate its operations is one of the most populous cities of the Texas state. Where‚ as soon as the name Texas is heard‚ the first impression that a naive yet cognitive mind gets is that of cowboys
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Does Zara incur disadvantages from its ’fast-fashion’ distribution system? Are these disadvantages offset by the advantages? Zare have some disadvantages from its ‘fast-fashion’ distribution system but this does not incur disadvantages from its system. Zara produces smaller batches of items‚ this means that popular items can appear and disappear within a week. When items sell out‚ they are not restocked with another shipment. Instead‚ the next Zara shipment contains something new‚ something different
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OF SPAIN Zara is a high end fashion retailer by Inditex that has its roots in the Spanish fashion industry. The company mostly caters to European tastes but is widely popular due to its innovative collections‚ up to date trend setting outfits and affordable prices. Clothing and accessories retailer based in Arteixo‚ Galicia‚ and founded in 1975 by Amancio Ortega and Rosalía Mera. It is the flagship chain store of the Inditex group. * Objective: The main objective of Zara brand in a
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