BUSM3022 Foundations of Supply Chain Management Zara–Rapid Fire Fulfillment Assessment Bob Goldwasser Introduction “Do everything possible to let one hand help the other. And whatever you do not take your eyes off the product until it’s sold.” Amancio Ortega This paper will present information on Zara Europe’s fastest growing apparel retailer who has about 1500 stores in major cities around the globe. This paper will explain why the company’s supply chain strategy is successful. It will also explain
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Retail Marketing Coursework assignment: “For a retail organization of your choice evaluate the elements of its retail marketing mix‚ in terms of the effectiveness with which they are used to appeal to the core target market” ZARA – flagship chain store List of Contents I. Introduction: 2 II. Background 2 III. Retail Marketing Mix 3 1. Merchandise assortment 3 2. Location 3 3. Price 4 4. Store design and Visual merchandising 4 5. Advertising and promotions 5 6. Customer service
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recommendations 13 1. Issues and Challenges: 14 2. Solutions& Recommendations: 16 V. Implementation and Road Map: 18 VI. Conclusion 20 VII. References: 21 I. INTRODUCTION 1. Company Background Zara is a Spanish brand of clothing founded by Amancio Ortega Gaona and Rosalia Mera in Artexio‚ Galicia. Zara was founded in the year 1975. It is one of the major selling brands of one of the biggest fashion retailer "INDITEX". Zara is now available in 88 countries with total of 2‚026 stores worldwide.
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how do Inditex and Zara create value?) 5 - What does “competitive advantage” mean? Which is the competitive advantage of Zara and how is it implemented? 5 Case preparation - Write a brief synopsis of the company background In 1973 Amancio Ortega Gaona‚ Inditex Group’s president and main shareholder‚ created a company specialised in producing dressing gowns and underwear. Two years later he opened the first Zara store in La Coruña. The big growth of the company happened in the 90’s‚ when
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Zara is the flagship chain store of Inditex Group owned by Spanish tycoon Amancio Ortega. Zara is the most internationalized of Inditex’s chains. The group is headquartered in A Coruna‚ Spain‚ where the first Zara store opened in 1975. As of August 2009‚ there are more than 1‚500 Zara stores around the world. It is claimed that Zara needs just two weeks to develop a new product and get it to stores‚ compared with a six-month industry average‚ and launches around 10‚000 new designs each year. Zara
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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 market is to ‘democratize fashion’. The company aims to provide its customers with trendy and high fashion products
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Abstract Zara has been operating in Europe since the year 1975. This paper includes a study of the strengths and weaknesses of Zara Company supply chain management system. It divides the supply chain process into three distinct phases. It shows how the company has managed to embrace technology to deliver its products to customers in real time. The paper also contains a comparison between Zara and its main global competitor in the market. The paper concludes by outlining some of the challenges the
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price but also on time. The owner of Zara‚ a Spanish clothing store knows this first hand‚ and has turned supply chain management on its ear‚ making his company the “envy of the industry” (Ferdows‚ Lewis‚ & Machuca‚ 2004). Zara’s owner; Amancio Ortega‚ learned early that it is imperative to “control what happens to your product until the customer buys it” (Ferdows‚ Lewis‚ & Machuca‚ 2004‚ para. 3). Supply Chain Management (SCM) is the reason for success in the fast fashion business. Its dealings
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COMPANY OVERVIEW Zara‚ a trendy Spanish clothing retailer founded in 1975 by Amancio Ortega in La Couruna. It is a flagship retail store of Inditex Group‚ a holding company that owns other fashion brands such as Massimo Dutti‚ Bershka‚ Pull and Bear‚ Stradivarius‚ Kiddy’s Class‚ and Oysho. The company still lives by the simple idea of Amacio Ortega to link customer demand to manufacturing and link manufacturing to distribution‚ which ultimately able to respond very quickly to the demands of targeted
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and Amazon Business Systems by Efstratiou Kostandinos 1. ZARA a. General. Zara is one of the greatest global fashion companies belonging to the Spanish retail group‚ Inditex SA. Its founder Amancio Ortega Gaona opened its first store in A Coruña (Spain) in 1975. During the 1980s Ortega started changing the design and distribution process to react to new trends quicker. In 1988 the company started its international expansion through Porto‚ Portugal. As of 2007‚ Zara stores provide men’s
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