Case: Operations Strategy of Zara Question 1: Zara has a variety responsive supply chain. (a) Does it offer a competitive advantage‚ and (b) how does this affect supply chain design and performance? (a) Yes Zara’s responsive strategies improve the efficiency of information exchange in every level of supply chain; customers‚ store managers‚ designers and market specialists‚ production stuffs‚ subcontractors‚ buyers‚ warehouse managers‚ distributors‚ and so on. As a result of efficient exchange
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year. In addition‚ ZARA has more designers than competitors in order to create sophisticated and attractive products. b. Production ZARA prepares very limited volumes of new items to analyze customer’s reaction‚ lowering failure rates‚ approximately 1%‚ on new products. c. Marketing and Sales Central distribution centers control all of merchandise and ship twice a week to each retail store‚ which gives customer impressions of freshness of ZARA’s offering. In addition‚ ZARA limits production runs
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Product Classification Zara is classified as the shopping goods in the category of consumer products. Zara is an international clothing brand which is a part of the Inditex Group. Zara’s products mainly focus at the clothing and their products are bought for the final use. So‚ it is classified in the category of the consumer products. Zara is classified as the shopping goods because of their brand. Their brand had made the price of their product higher than other competitors seems like Padini
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Zara’s financial performance? Since only Inditex historical financials are shown in the case‚ we took the financials of Inditex to describe Zara’s financial performance. It is reasonable to take Inditex financial data because Zara made up 76% of Inditex’s sales in 2001. Zara (Inditex) Financial Performance in 1996-2001 1996 1997 1998 1999 2000 2001 Liquidity Ratio (current ratio) 0.81 1.00 0.88 0.87 0.90 1.02 Leverage Ratio (debt/ equity) 1.98 1.84 1.97 1.98 1.80 0.75 Profitability
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Admiration Project (ZARA) 9.19.12 So what is Zara? Many people have probably never heard of the clothing/fashion brand named Zara. Even if you have heard of Zara‚ the chances of you seeing Zara on any poster or television advertisements is very slim. In fact the Spanish clothing retailer has a very unusual marketing strategy. Zara has a “zero advertising policy.” With almost no money going into advertisement‚ how is Zara able to compete with competitors? Unlike competitors‚ Zara only spends about
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Strength Brand Zara is one of the famous national costume brands. There are about 2000 chain store at about 50 countries‚ and it be evaluated the most research value brand in the Europe. Zara has big potential development ability in the future Amount of clothing styles Zara always produced about 20 thousand kinds of styles clothes every year‚ so it gives some selections to different customers. Zara always give a fashion and strange feeling to customers. More selections and follow fashion
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Introducción Zara es una de las principales empresas de moda internacional. Pertenece a Inditex‚ uno de los mayores grupos de distribución del mundo. El cliente es el centro del modelo de negocio‚ que integra diseño‚ fabricación‚ distribución y venta‚ a través de una red de tiendas propias. Todos los procesos‚ desde la creación del producto‚ comparten el mismo objetivo: dar al cliente la moda que espera.1 Las tiendas Zara‚ con 1417 2 tiendas en 69 países‚ proyectan desde los escaparates‚ la
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Competition Strategy ZARA-case 1.a: Strengths - Internalized cross-border functions‚ - Affordable prices - Quick response - Strong real estate network - Wider vertical scope than competitors‚ owned much of its production and most of its stores. - Galica’s geographical position from the prespective of transport costs - Originated design and finished goods in stores within four and five weeks in the case of entirely new designs and two weeks for modifications of existing products
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Page 1 of 2 ASSIGNMENT 1ST SEMESTER : STRATEGIC MANAGEMENT (STRM) BUSINESS MANAGEMENT 3 (BM303) CHAPTERS COVERED : CHAPTERS 1 - 5 DUE DATE : 3:00 p.m. 18 MARCH 2014 TOTAL MARKS : 100 CASE STUDY : ZARA CLOTHING INSTRUCTIONS TO CANDIDATES FOR COMPLETING AND SUBMITTING ASSIGNMENTS The complete ‘Instructions to Students for Completing and Submitting Assignments’ must be collected from any IMM GSM office‚ the relevant IMM GSM recognised Additional Tuition
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NAME: DENNIS BORURA ADM. NO.: K16S/11826/2010 COURSE: ECONOMICS AND FINANCE UNIT: BMS 101 (INTRODUCTION TO INSURANCE) QUESTION: STATE THE CHALLENGES FACING THE INSURANCE INDUSTRY AND HOW TO OVERCOME THEM The insurance industry (comprised of accident and health insurance‚ property and casualty insurance‚ and life insurance) is faced with slow growth and consolidation. Price competition is accelerating as customers turn to Internet data aggregators to shop for the best deal
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