Preview

Primark case study

Satisfactory Essays
Open Document
Open Document
436 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Primark case study
Executive Summary
150 words
Introduction
• Introduction of Primark  brief introduction of company history (Owned by ABF, originally started in Ireland as “Penneys” and expanded into the uk…)
• Analysis of fashion industry  change in retailers size and scope in the last 20 years – small description of the budget fashion retailers concept
• Allocate Primark in the industry with mentioning direct competitors (grocery retailers as well)  introduce major competitors and illustrate the market position with a graph
Main Body
Section 1. Strategic Choices
• Porter’s generic strategy theory  analyse how Primark implements ‘cost leader’ strategies
• Changing perception/acceptance of cheap clothing (e.g. mixture of high street and designer clothing)  public perception of fast fashion and cheap clothing
• How Primark’s is different from their competitors  maybe own research of price comparison, organisational competences, identify some unique organisational capabilities
Section 2. Supply chain management
• Characteristic of a supply chain and main challenges  name some of the manufacturing partners and the characteristics of the relationship
• outsourcing (type of strategic alliances), control system, pull supply chain strategy  the way supply chain is controlled, quality assurance, implementation of ethical policies, -Auditing of suppliers (article 1)
• Buying process – head office design, license to manufacturer, buying finished products  introduce what processes are used to make a garment
• JIT - ?? Features of the strategy  inventory, warehousing, (de)centralising of warehouses etc. (Not sure if info is available, but we will have it as an interview question)

Articles http://www.primark-ethicaltrading.co.uk/ Section 3. Retail spaces
• Location strategy  where and why, analysis of the surroundings. Tend to locate in town centres?
• Flagship store  importance of having flagship stores –Oxford street
• Visual merchandising  reasons

You May Also Find These Documents Helpful

  • Better Essays

    This section requires you to focus on the company (Primark) profile. As a starting point and the background to the report, this section should ‘set the scene’ by providing information on main products/services, the industry company operates in, main competitors and markets. Pay particular attention to recent financial data. Students are asked not to construct this section by cutting and pasting or simple copying material from the company’s website and other sources.…

    • 1828 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Gb 570

    • 1311 Words
    • 6 Pages

    The supply chain is the relationship between retailers, distributors, transporters and suppliers. A supply chain as the network supplies a specific material to the customer (Borgström, 2012). All these components help the production, delivery and the sale of a products and services that are available to the consumers. There are three key components that make up the supply chain. They are supply, manufacturing and distribution (Wise Geeks, 2012). Supply main focuses are on the raw materials that are supplied to the manufacturing which include when, how and from which destination the materials are traveling from. During the manufacturing steps this is when the raw materials are converted into the final outputs and the distribution make sure the finish products arrive to the organization’s shelves for the consumers.…

    • 1311 Words
    • 6 Pages
    Better Essays
  • Good Essays

    OM 300 Exam 2 Cheat Sheet

    • 1229 Words
    • 4 Pages

    Coordination of all supply chain activities start with raw materials and end with a satisfied customer. Objective is to maximize supply chain competitive advantage(low-cost, response, and differentiation) and benefit the consumer. Include(suppliers, manufacturers, service providers, distributors, wholesalers, retailers, final customers). Supplier relationships becoming integrated and long-term. Sourcing issues: Make-or-buy decisions( choose between produce component in house or outsource it. Outsource( transfer traditional internal activities and resources to outside vendors, efficient in specialization, never outsource core…

    • 1229 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Unit 37 P2

    • 1501 Words
    • 4 Pages

    Customers: Although Primark produces in Bangladesh and India, their main customer base is in Europe. Customers point of view is to buy products that are cheap and of good quality. Without the customers, Primark as a company would not survive because in all situations, customers are the main priority and their needs have to come first. Customers are vital stakeholders because they can instantly choose to spend their money on another company that could turn out to be a competitor for example, Primark former customers could start shopping at New Look. As a result of Primark’s unethical behaviour, customers will benefit in a positive way. The reason why customers will benefit from Primark’s unethical behaviour is because products will be cheaper for them to purchase instead of going to other clothing stores like River Island. This is also a benefit to customers because most of Primark’s stores are based and operate in Ireland, U.K and even Europe so customers will find it as a cheaper alternative not knowing that Primark’s workers earn low payment.…

    • 1501 Words
    • 4 Pages
    Good Essays
  • Good Essays

    business aqa a2

    • 802 Words
    • 4 Pages

    Discuss the problems Primark might have moving form a low cost strategy to a differentiation strategy 15…

    • 802 Words
    • 4 Pages
    Good Essays
  • Good Essays

    To address the wage issue Primark also explain on their website how they share their factories with other retailers and these other companies are also luxury companies – so just because they have low prices doesn’t mean they pay low wages. They actually operate under the living wage scheme which is £7.85 in most of England and £9.15 in London. It is breaking the law to pay anyone under the minimum wage and so Primark go above and beyond this by taking part in this scheme. Primark then also make sure they are recognised as ‘green’.…

    • 833 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Supply Chain Management

    • 324 Words
    • 2 Pages

    Read “A pain in the (supply) chain” in the course pack and the supply chain integration…

    • 324 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Swot Primark

    • 317 Words
    • 2 Pages

    • Primark, being a subsidiary company of Associated British Foods, increased rate of growth earned 3.5bn more than double the amount in the last 5 years. (Primark 2013) contributes to the employment of more than 700,000 workers across three continents (Primark, 2013). Game Changer Award in recognition of work in ethical sourcing. (Primark, 2012). Member of the ETI (Ethical Trading Institute). Strong link in loyalty and uniqueness to their customers. Primark has over 125 stores located in the UK. Ability to provide low cost goods. Primark reviews their ways on how to improve their products and services, by using their strategic elements as keys in achievement of their goals. Continued optimized commitment to effective governance is one step to achieving the standard for excellence in corporate responsibility. Mentioned by word of mouth in high fashion magazine, i.e. Vogue.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Primark Corp. was emerging as a leader in the global information services industry in the mid-1990s. Through its four major divisions, the company focused its information services on financial, weather, and information technology markets. Primark also provided miscellaneous transportation and financial services. Primark was basically a utility company until 1987, when it exited that business and forged into information services.…

    • 823 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Bose needs to attract suppliers who can bring with them technological inputs, and be able to respond to Bose’s needs in a timely manner to bring new products to the market as quickly as possible. This also means that suppliers have excellent quality, quick response and…

    • 878 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Origin Energy

    • 9944 Words
    • 40 Pages

    Within the energy industry in Australia it is important that companies are knowledgeable about the ever changing external factors as well as their own internal factors that will directly affect the business. The external environment consisting of technological, political, social and economic issues, directly affect the everyday and long term operations conducted by Origin Energy therefore it is vital to remain up to date with information associated to these issues. Origin Energy must keep close watch on the market and its customers in order to keep up with consumer demands. By segmenting the market to determine who uses Origin’s products and how often gives insight into how best to meet the ever changing market demands. Finally it is important to analyse Origins competitors by evaluating five external forces that measure the energy industries competitive…

    • 9944 Words
    • 40 Pages
    Powerful Essays
  • Satisfactory Essays

    primark

    • 327 Words
    • 2 Pages

    Primark is a very large, popular retailer with stores not only in the UK but all over the world. It has a total of 262 stores, most of them in the UK. Its very sucesssful.The prices are very cheap because the clothes are low quality of the products. Primark sell different products like women clothing, men clothing, shoes, accessories, baby clothing, children clothing, underwear, swimwear and nightwear. The store I am using as my example of a large retailer is located in the heart of Liverpool. Primark uses both competitive pricing and up to date fashion to attract customers which is a very good mix for a clothing retailer.…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    ops 571

    • 788 Words
    • 4 Pages

    Describe the supplier relationship and the effects on the supply chain. As part of this consider the following:…

    • 788 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    Supply Chain Management includes all the activities that must take place to get the right product into the right consumer’s hands in the right quantity and at the right time – from raw materials extraction to consumer purchase. SCM focuses on planning and forecasting, purchasing, product assembly, moving, storage, distribution, sales and customer service (Texas A&M University, 2013). Global Supply Chain Management involves a business or a company’s worldwide interests and suppliers rather than simply a…

    • 2829 Words
    • 81 Pages
    Best Essays
  • Satisfactory Essays

    culture study for fashion

    • 413 Words
    • 2 Pages

    The clothing retail industry has been and is undergoing significant changes resulting from processes of globalisation, changes in consumer demand as well as changing corporate activities in terms of strategic marketing decisions. The UK clothing retail industry has experienced significant growth, which has focused attention on studies in the field with this sector being considered as the one of the most competitive markets in Europe. This is primarily as a result of the concentrated power of larger retailers such as Marks & Spencer. One prime issue as a result of globalisation is that there are more and more retailers sourcing globally aiming to provide competitive prices and quality products in the market. Marks & Spencer as such then is challenged by this trend particularly from rival discount and supermarket competitors.…

    • 413 Words
    • 2 Pages
    Satisfactory Essays