STRATEGIC MANAGEMENT PAPER ZARA Created By: Anggita Sulisetiasih 1006718706 Kenji Wibawa Junardy 1006718990 Patricia M. A. Adam 1006805694 International Undergraduate Program Faculty of Economics University of Indonesia Depok 2013 TABLE OF CONTENTS Chapter 1 4 INTRODUCTION 4 1.1. Company Background 4 1.2. Vision and Mission 4 1.3. Long-term Objectives 5 Chapter 2 6 VISION – MISSION ANALYSIS 6 2.1. Importance (Benefits) of Vision and Mission Statements 6
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their design to sales cycle in weeks compared to months from their competitors, but “Zara’s sales and net income have continued to grow at an annual rate of over 20%” (Ferdows, Lewis & Machuca, 2004). Why is Rapid-Fire Fulfillment Successful for Zara? Zara has a rather untraditional way of processing their products. In Rapid-Fire Fulfillment, Zara can have strict controls over who handles their Supply Chain needs. Zara is one of the few retailers who are in charge of designing, manufacturing
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11 Operations Strategy Analysis 15 Root Cause Analysis 16 Cost Benefit Analysis 17 Multi Criteria Decision Making 20 Implementation Strategy 20 Recommendations 22 Conclusions 24 List of references 25 Appendix 26 Team Charter 26 Abstract The case study on Zara is set in August 2003 when the head of IT and the technical lead for the POS system are arguing about whether or not to upgrade the operating system of the POS terminals from DOS. The paper examines the operations management
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Enhancing Competitiveness: Moving from Supply Chain to Demand Chain Management Dr. Pankaj M. Madhani Introduction Supply chain involves all activities associated with the flow and transformation of goods as well as the related information flows from the raw material stage, through to the end user. Supply chain is defined as the integration of key business processes from customers through original suppliers that provide products, services, and information that adds value for end users and other
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Contents Executive Summary 2 Issue Identification 3 Root Cause Analysis 5 Value chain Model 6 Cost Analysis 8 Alternatives 10 Decision Criteria 10 Alternatives 11 Alternatives Evaluation 13 Recommendations 13 Implementation 15 Monitor and Control 16 Appendix A 17 Executive Summary Zara is a retail store of the Inditex group that started in 1975 and has now grown to 531 stores. Zara’s strategic business model focuses on product variety, speed to market, and store locations
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90 countries to shop from its website, enabling Gap Inc. to gain access to more customers worldwide. Gap Inc. also uses various platforms to advertise such as media, fashion magazines and catalogues. To lower production costs, Gap Inc. purchases supplies from
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INTRODUCTION The volatility 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
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functions by |Enterprise Resource Planning (ERP) systems | | |imposing new work structure |Supply chain management (SCM) systems | | | |Customer Relationship Management (CRM) systems | | | |Sourcing/procurement software
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CASE STUDY ZARA: Staying Fast and Fresh In early 2011, despite a successful decade of continued growth, fashion retailer Zara’s CFO Miguel Díaz was anything but complacent. When asked about the future, Díaz responded: Challenges abound. At the pace stores are being added in the rest of the world, the inevitable question is whether we should open our first major distribution center outside Spain. Another concern is that the prices of raw materials and labor are not going down, in part
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functions by |Enterprise Resource Planning (ERP) systems | | |imposing new work structure |Supply chain management (SCM) systems | | | |Customer Relationship Management (CRM) systems | | | |Sourcing/procurement software
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