...OPERATIONS MANAGEMENT AT SQUARE FASHION LTD 1.0 INTRODUCTION Operations Management (OM) is defined as the design, operation and improvement of the systems that create and deliver the firm’s primary products and services. A business education is incomplete without an understanding of modern approaches to managing operations. Operations management provides a systematic way of looking at organizational processes. The concepts and tools of OM are widely used in managing other functions of a business. The employees must know how operations work effectively to perform their jobs. The best way one can have a comprehensive understanding of the various aspects of Operations Management is to study a business process involving the production of goods and nothing can serve the purpose better than analysing the production of garments. With that end in view, the group studied the OM of one of the leading export-oriented garments of Bangladesh, the Square Fashions Limited (SFL). SFL is one of the leading export-oriented garments in Bangladesh. The company has earned a high reputation for its quality of products among foreign buyers, mostly the European countries. They are the producers of apparels of world-class brands like Puma, Marks & Spencer, and Crocodile. Export-oriented garments firms face stiff competitions in the global market for their place in the list of preference of the buyers and SFL is no exception to that. With frequent cancellation of orders for or rejection of readymade...
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...organizations perform their tasks. The management system and strategy of each and every organization is accountable for the maintenance of the organization's strength and survival in the stiff competition in the business world. The role of the management and the strategy imposed by the organization as a whole should always be open minded for the occurrences of changes in order to adjust and cope with the tremendous development that are happening in the internal and external environment of the organization. With the constantly changing environment, many people especially those in the working organization find themselves normally adapting. This is because change can bring many improvement and development in different aspects of competency. Likewise, change has been modified and tailored by various work organizations for varied reasons. With these changes in business processes, the evolution of different management strategies among business practitioners becomes the new trend. The emergence of the so-called management fashion is now influencing most of businesses today. With this consideration, this paper will be discussing the issues of changes among business in accordance to management fashion as it complies with the theories of legitimacy and institutionalization. Discussion The continuous and dynamic competition in the global business arena has been very stiff and complex. In this regard, the organization must be able to utilize a strategy and management system that will enhance the...
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...FALL 2011/2012 FINAL PROJECT: DEVELOPING A SOCIAL MEDIA MANAGEMENT STRATEGY FOR NOUCHALINE: MY FASHION BLOG MKTG250D/INFO250D Presented to: Leila Khauli Hanna Dr. Nelson King January 16th, 2012 Table of Contents Executive Summary 4 Client Background 5 Existing Social Media Presence 5 1. Social Media (Open): 5 2. Specialized Networks: 7 Assessment of Current Operations 8 Coordination 8 Scrutiny and Accountability 8 Data Management 8 Scalability and Consistency 9 Summary of Existing Operational Complexity 9 Social Media Management Framework 10 Context 10 Culture 11 Process 11 Metrics 13 People 13 Policies 14 Business Goals 14 Social Media Strategy 16 FACEBOOK: 16 FEATURES: 18 CREATE A NETWORKFOR LEBANESE FASHION BLOGGERS 19 Recommendations 20 Appendix I: Social Media Assessment tools 21 21 21 23 \ 23 Appendix II. Stats of the Blog 24 Appendix III. Social Media Channels\ 25 Appendix IV: Reference and Links 27 Executive Summary “Nouchaline: My Fashion Blog” is a blog that was launched in 2009, by Aline Chirinian. It is a platform on which Aline shares her personal style and views on fashion. The blog currently has had 59,606 page views, with over 1,080 followers across the different social media platforms. The blog’s goal is to increase the number of readers, and its brand awareness; in order to generate revenue in the near future. It hopes to achieve this goal by engaging more on social media and...
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...classical theorists, particularly those of bureaucracy and scientific management, are generally considered as rather old fashion and out of date, and of little relevance to work and organization today. Is this really the case? The classical theory is the earliest form of management that perceived that a set of universal principles would apply to all the organizations in all situations to achieve efficiency and organization's goals. Scientific management and bureaucratic theory were one of the several components of the classical school of organization. Important pioneers among them are Frederick Taylor and Max Weber. The classical theories have been contested of little relevance to work and organization today simply because today’s organizations have moved from industrial revolution to the information age due to the fast-paced change in technology (Toffler, 1984). Although bureaucracy has been synonymous to red tape and has negatives effects such as “rigidity, alienation and low commitment” (Adler, 1999, p.37) and dehumanizing people (Grey, 2009), the characteristics of bureaucracy such as specialization, hierarchy of authority, system of rules and impersonality (Stewart, 1986) as well as evidence of ongoing existence of this management method, bureaucracy is proved to remain noteworthy. This essay will examine the situation presented in organization today, and determine whether bureaucracy and scientific management can be considered as old fashioned, out of date and of little...
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...improved rapidly through the courses with all the foreign teachers, but also my recognition to this world is dramatically changed, especially when I first get in touch with fashion. Fashion is a global issue that can be found everywhere in the world. As a student who is going to step into the dazzle and mystery world of fashion, I am always eager to search for the fashion elements wherever I go. Tours to foreign countries since the first year of my junior middle school are especially valuable in my life, comprehensively recording my growing footsteps and colorfully sketching my youth and enthusiasm for life. Paris and Milan, the pioneers of fashion, had brought me into the realm of resplendent clothing. The feeling of integration in the real fashion world when I walked along the Avenue des Champs-Élysées and quadrilatero della moda strengthened my thought of studying fashion management. I have passion in fashion. No doubt, London is one of the best places for a student like me to pursue and accomplish my dream in the fashion industry. As one of the four cities where the most prominent fashion week will be held semi-annually, millions of cutting edge styles and runways are easily seen in London. No one can resist such a resplendent fashion feast. Most importantly, the London College of Fashion is a world famous fashion college that I have been yearning to go for a long time. What impress me most...
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...bs_bs_banner International Journal of Consumer Studies ISSN 1470-6423 Beyond the fad: a critical review of consumer fashion involvement ijcs_1041 84..104 Iman Naderi Department of Marketing and Logistics, College of Business, University of North Texas, Denton, Texas, USA Keywords Consumer involvement, content analysis, fashion, literature review. Correspondence Iman Naderi, Department of Marketing and Logistics, College of Business, University of North Texas, 1155 Union Circle 311396, Denton, Texas 76203-5017, USA. E-mail: iman.naderi@unt.edu doi: 10.1111/j.1470-6431.2011.01041.x Abstract Fashion involvement has been regarded as an important research topic in consumer research. Despite the importance of this topic, no attempt has been made in the past to review, assess and consolidate extant research on fashion involvement. This study presents a comprehensive and critical review and analysis of the recent studies on involvement in the context of fashion clothing to indicate the current state and identify possible gaps. A content analysis of the current peer-reviewed journal articles published on this research topic reveals a paucity of research on a number of antecedents and consequences of involvement. Further, the findings show that the research method is biased towards the survey method as opposed to experimentation. In this paper, the results of the content analysis outlining methodologies, sample characteristics, variables and major findings are provided and...
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...and dynamics of the business environment represent stimulations to change and expand new working areas that possibly would improve management goals. Today’s business environment deals and intersects with different factors. As a result, the working environment becomes a complex system which should remain unique and reliable to all stakeholders. Rapidly changing society, technologies and trends make the big fashion companies to propose not just a brand but also a fast fashion brand accessible to all eager customers. One of companies “…that introduced the idea of fast fashion some two decades ago, then developed a highly centralized and often studied—but rarely duplicated—design, manufacturing, and distribution system” (Berfield & Baigorri, 2013) is Zara International. Zara International belongs to, “…Spanish retail giant Inditex owns some of Europe's most popular clothing stores and is rapidly expanding around the world” (Inditex Group (Zara), n.d. para.1). After releasing the company Zara International by Index Group, parent company, Zara’s brand becomes one of the most popular in clothing industry worldwide and continues to keep the position despite of the fierce competition. The study case Zara International: Fashion at the Speed of Light would reveal and emphasise the main characteristics of the popularity and particularity of the fast fashion industry through analysis some of the aspects and rules of the Spanish company, Zara International. DISCUSSION OF FINDINGS It...
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...OF FASHION DECEMBER 2010 This teaching module was independently written by the Aspen Institute Business and Society Program with the generous support of THE FUTURE OF FASHION: SUSTAINABILITY THROUGH THE LENS OF THE FASHION INDUSTRY* By: Jennifer Johnson & Gina Wu Companies across all industries are facing the challenges of business sustainability, debating how best to address these risky issues while also embracing their opportunities for competitive advantage. This Teaching Module uses the context of the fashion industry to discuss topics that are shaping the future of all industries. These topics include sustainable resource management, the challenges and opportunities of global growth, workforce management, and the role of ethical consumption in business. The fashion industry offers a compelling case study for exploring business sustainability issues. In the fashion industry, as in many industries, success requires highly developed sourcing, design, manufacturing, and marketing chains. Increasingly, success also means incorporating sustainability in resource and labor management, as firms realize that long-term corporate survival will depend on new ways of doing business. Climate change, resource challenges, new technologies and dramatic shifts in the global economy are already impacting the industry. The nexus of these concerns allows students to explore sustainability challenges while providing a framework for discussing new business models and management techniques...
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... Abstract Leaded by the fashion brands like ZARA and HM, fast fashion has risen to be the theme of current fashion industry, their emergence has a deep, profound impact on conventional apparel industries. Under the pressure of the trend, Esprit is one of the victims of traditional fashion brands. This paper focuses on the current problem that Esprit is faced with, presents three possible solutions which are designing new products following fashion shows, establishing smaller-scale operational mode and using quick response strategy, in order to create an agile supply chain for Esprit by the means of shortening three critical lead times: time-to-market, time-to-serve and time-to-react. 1. Introduction The last decade has witnessed a significant transformation that fast fashion has become a key feature in current fashion industry. Although it was regarded as a niche concept offered by a few winners such as Zara and H&M, fast fashion has now been adopted as a key operation mode by many brands in the fashion market (Baker, 2008), using advanced and more efficient supply chains to be more responsive to changing trends towards customer demand. Hence, Fast fashion brands perform relatively better than other fashion brands in various aspects. (Mattila et al. 2002: 340 – 351) Esprit is a fashion brand owned by Esprit Holding Ltd., manufacturing apparel, accessories, footwear and housewares under the Esprit label. In the previous fashion market, Esprit is generally...
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...CHAPTER I COMPANY DESCRIPTION 1.1 INTRODUCTION A fashion is a popular trend especially in style of dresses, ornaments and personality. Fashion is always changing, slightly elusive, and extremely seductive. It has the power to transform an image and make a social statement. Fashion statements can be made with clothes, accessories, shoes, hair, makeup, even your cell phone. It is important to know that fashion wear are very special part since it reflects our personality. One of the turning points in the evolution of early humans was the act of decorating the body. All known cultures embellish the body either with marks on the skin or clothing. Body adornment recognizes the individual as a person and communicates aspects of her/his personal and social identity. In the 21st century, fashion as body adornment is still a universal part of a person’s everyday experience. Yet, there is no agreed upon definition of fashion. Social scientists, philosophers and gender theorists present unique understandings of the complexities of the fashion system. Different people present unique understanding and complexity of the fashion system. Social class is just one element in the study of fashion in the 21st century, where gender, ethnicity, sexuality, and subculture affiliation play equally influential roles in the meaning production of dresses. Fashion is equally important to all those who are in the fashion industry profession as well as outside the industry. This research study...
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...international luxury fashion brand Christopher M. Moore and Grete Birtwistle Introduction The viability, or otherwise, of a fashion brand is dependent upon the efficacy and appropriateness of the decisions of those responsible for its management. There are numerous examples of brands that have prospered and/or withered as a result of the business models that management have deployed in order to achieve their strategic (or not so strategic) objectives. Gucci, the Italian luxury brand is a case in point. In the 1950s the brand enjoyed significant success. It was the status brand of choice for Hollywood film stars and European royalty. However, just over a generation later, the brand suffered a loss of cachet and the once profitable business made significant losses. The adoption of a business strategy (which sacrificed management control over product development and distribution in favour of seemingly indiscriminate licensing agreements), undermined the credibility of Gucci as an exclusive and aspirational fashion brand (Jackson and Haird, 2003). Tom Ford’s arrest of Gucci’s decline in the 1990s has been well documented (Moore and Fernie, 2004), and has been attributed to his adoption of a business model that maximised internal controls with respect to product sourcing, brand communications and distribution. Ford’s legacy has been the implementation of an integrative business model which maximised “back-end synergies” in relation to logistics, fiscal planning and real estate management for the...
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...April 21, 2013 Name: Jakoa Holmes Name of course: MAN 2021-Management Title: Managing the EGO Company. Introduction: EGO Fashion is a privately owned clothing company located in Orlando, Fl. EGO Fashion provides unique high-end fashion for a more reasonable price that satisfies any ego big or small. I have been in business for 5 years started out as an internet company first, after two years of building cliental and reputation I opened my first store September of 2008 in the downtown Orlando area. My annual revenue is $150,000 after paying all the bills. I currently have 50 employees working for me in six different departments: Marketing Management Sales/ fashion Guru Research and Development Accounting and payroll Distribution Definition of Management: The definition of management is the way managers are able to motivate and lead employees to the pursuit of company’s goals effectively and efficiently. To be a successful company you must have a very organized and happy management team, because managers set the tone and mood for employees. In my company managers had to be able to follow before they can lead, as well as be people oriented, honest, outgoing, and disciplined. My company perceives management as both an art and science. The art side is the creative and stylish ways my company caters to your EGO we rely on our customers to provide feedback and there business. And the science behind EGO Fashion is the ability to use the scientific method to figure out if...
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...Fashion Management The marketing research proposal focused on the target customer and competitor’s achievement for Topshop’s market expanding strategy in children’s fashion The Soho Topshop (2009) KIDS SPRING 08 COLLECTIONS (2008) Background Topshop, followed by most young generation, has become one of the most important fashion retailers in the UK market, and operated stores in more than 20 countries within 30 years. Its aim is to offer the customer the luxury product with affordable price, which makes it become another competitive fast fashion brand so far. According to Mintel (August 2003), UK consumers keep on spending on clothes, even when they are cutting back in other areas, with total consumer expenditure on clothing in the UK reaching £ 34,825 million in 2002 - a 25.3% increase compared to 1998. Meanwhile, Keynote (2007) reported that sales of children’s wear have been growing year-on-year overall. Higher per-capita spending on children has been a major driver of this growth, with smaller family sizes, later parenting ages and a greater focus on children all contributing. In addition, the birth rate has been rising, increasing the physical size of the under-4s market in particular. In this situation, considering the market share and brand expanding strategy, it is believed that it would be better for Topshop to launch its children’s wear collection. If its new collection could enter the market successfully, the customer would keep the passion on this brand...
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...Abstract Today’s fashion industry is filled with competition and intense rivalry in the acquisition and retention of consumers. The internet market and e-commerce related trading has become a major issue for modern retailers. With the emergence of new technologies for information transfer, the Internet has positioned itself as a new end frontier towards customer acquisition and retention through the management of the relationships that exist between the customers and the retailers. Little known empirical research has been carried out on the management of this e-commerce facility in the acquisition and retention of customers within the clothing industry, or at a particular store. The clothing channel being the highest channel within e-commerce, it shouldn’t come as a surprise that there is an increase in the use of the Internet to market and sell clothes online. This paper will explore the implementation of taking a jean clothing line through a website; where customers have the capability of shopping for denim that best suits their fancy, stocking them up in virtual shopping cart, paying for them through available online payment systems and having them delivered to their locations using their preferred delivery systems. Introduction As the demands within the retail industry continue to become more diversified, it has become increasingly challenging for marketers to acquire and retain new clientele. Today, the primary business marketing management issue is that the...
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...Definition of fashion and people relate to fashion Fashion is a very broad term, especially in youths. In general terms, fashion is style or practice in clothing, footwear, accessories and apparels. Fashion varies from region to region and country to country with some distinctive and habitual trends. In other terms, fashion means more advancement in clothing. As fashion refers to the newest creation of textile designers. As, I already told fashion is broad term and it also relates to jewellery. And in today’s era, fashions are showed by various fashion models. And because of its growing popularity, various television channels are also introduced for fashion such as, fashion t v. For middle age people, fashion is not something that exists in dresses only. Fashion has to do with ideas, the way we live and the status we create. For age groups, young and middle age people fashion values something different. Today’s youth is mainly concerned with accessories and apparels but for adults or middle age fashion is a very vast term. This has lot to do in their lives. But fashion do not remains the same; it keeps on changing with the pace of time. And the reason behind this rapid change in fashion is growing number of places to shop with different brands. Fashion is finally catching up to function when it comes to the older people .not many baby boomers want to have an ugly stainless steel grab bar in the beautiful bathroom. Especially for the older adults Canadian builders intended to...
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