Nowadays‚ Zara and Chanel are known worldwide as two successful brands. The former is a mass clothing retailer whose production takes only weeks whereas the latter is perceived as one of the most established retailers in haute couture‚ specialising in luxury goods whose production takes months. Zara has more than 800 stores worldwide‚ in sharp contrast to Chanel which has about 160 boutiques (wilkepedia). Coco Chanel founded her brand 106 years ago while Amancio Ortega created the Zara label 35
Premium Barack Obama Public health Health insurance
MAYUR S. JAGTAP BVIMSR‚ MMS 2ND Yr. (OPERATIONS) GROUP II DATE: 6/10/10 ZARA: RETAIL @ THE SPEED OF FASHION CASE STUDY Q.1.How does ZARA manages more styles? Ans: - Zara’s success from the perspective of time-based competition. While most of people attribute Zara’s time-based success to its extremely short lead time and regard Zara as a benchmark for speed Managing more styles is possible for Zara mainly because of the shorter lead time (2-4 weeks) compared to industry average
Premium Inventory Manufacturing Safety stock
3- Zara Vertical integrated Supply Chain To analyze ZARA supply chain‚ it is interesting to look closely at the product design‚ inventory management‚ evaluation of suppliers and vendors‚ logistics management‚ material management‚ time scheduling‚ information systems which are the main contributors in allowing Zara to offer cutting edge fashion at affordable prices. It is also interesting to consider other key performance indicators of Zara comparing to other peers in the retail market. 3.1- Design
Premium Inventory Supply chain management Retailing
Zara’s Case Study Company Profile Zara is one of the largest international fashion companies with 1671 stores around the globe. It is a part of Inditex holding. Inditex is one of the world’s largest fashion retailers‚ welcoming shoppers at its eight store formats -Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe - boasting 5.693 stores in 85 markets [www.inditex.com]‚ [www.zara.com]. In 1975 the first Zara shop was founded in Spain. In 1976-1984 In-Spain
Premium Inditex Supply chain management
Table of contents 1 Key figures about Zara 1 2 Exogenous factors during Zara’s foundation and globalization 2 3 The method of Zara 2 4 Bibliography 4 Key figures about Zara Zara‚ main subsidiary of the La Coruna (Spain) based Inditex Group Inc.‚ was founded in 1975 and has become world’s largest clothing retailer in 2008 (Clark & Keeley‚ 2008). On the way to the top of the global retail industry it passed some decisive events that transformed the formerly founded pyjama and dressing
Premium Globalization Retailing
Zara has thrived by employing a vertical supply chain. This chain has developed a strategy that has led Zara to create a fashion empire. In 2008‚ Zara had over 1520 stores and produced €6‚8 billion in sales. The supply chain is depicted in figure 1. The chain starts at the headquarters were the designers produce nearly 30‚00 different designs per year. Typical competeitors produce about 2000-4000. Zara employs a quick response system (discussed later) in wich informnation about trends‚ store
Premium Supply chain management Supply chain Logistics
Zara: Case questions 1. Coordination of a supply chain is always important. However‚ such efforts are usually initiated by certain parties. For the global apparel industry‚ would it be more suitable for downstream or upstream parties to be the driver of the coordination? Motivate your answer with the use of two important characteristics of the apparel industry. 2. Clearly Zara has a strong relationship with all parties within the supply chain. a) Which of the following retailer-supplier relationships
Premium Supply chain management
The ZARA: Fast Fashion case. 1. Create a diagram that illustrates the linkages among Zahra’s competitive choices. Firstly‚ everything is connected through centralized hubs. Zara has its main operations in Spain‚ but with each expansion into a new country‚ that country has its own centralized Zara facility. This allows for local factors to be considered in each market‚ but gives Zara an excellent line of communication and ultimate control of all operations. The in-house designs are sourced this
Premium Means of production Fast fashion
Zara – vertical integration 1) How is Zara organized with respect to its vertical integration and outsourcing decisions? What governance structure does it appear to follow? -It is divided by 60% in-house and 40% outsourced. The in-house represents the more complicated ‚complex‚ trendy designs‚ while the outsourced remains with the labour intense activities (sewing) and basic designs such as men’s dress shirts and accessories. - It follows a decentralized decision making process based
Premium Vertical integration Management Strategic management
Turning the Fashion World Upside Down 13 December 2007 Introduction ZARA is the flagship chain store for the Spanish Inditex Group owned by Spanish tycoon Amancio Ortega‚ who also owns brands such as Massimo Dutti‚ Pull and Bear‚ Stradivarius and Bershka. Today‚ Inditex is probably the world ’s fastest growing clothing retailer with over 3‚100 stores around the world in over 70 countries (more than four times the 2000 figure) the Zara format taking around 1‚000 of those stores. In March
Free Fashion Clothing Inditex