Examine the websites of 2 large and comparable companies, that operate in the same business area and have to deal with logistics and quality management f.e. UPS and TNT or Philips and Sony or Ford and Toyota . Teams of 4, powerpoint presentations 10 minutes in class in tutorial week 3
1.1 Give a short description of the 2 companies Goods and services, size, PMC‘s, structure, position in supply chain.
Zara
Zara is an innovating clothing company which sells clothes throughout the world. Its first shop opened in Spain in 1975. It belongs to Inditex which is one of the largest distribution groups in the entire world. Zara has clothing, shoes, handbags and furniture. There are over 3.000 Zara stores around the world, 205 Zara Kids
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H&M
H&M’s BHAG is to be the largest clothing retailer that sells people clothes for the lowest price possible.
Zara has the most challenging mission statement and BHAG, because more companies can produce fashion at a good quality and price, bus it’s more challenging to become to expand your company through the whole world.
1.4 Describe/formulate the hierarchy of goals of both companies: mission statement level (values, core purpose and BHAG), strategic level (goals) and operational level (objectives).
Zara
Zara: Mission statement level: - Zara aims to contribute to the sustainable development of society and that of the environment with which we interact. - All products of animal origin sold in their shops, come exclusively from animals raised on food farms and under no circumstances come from animals sacrificed exclusively for the sale of their hyde. - Dress the world. Strategic level: - To expand to 5 more countries within five years. - To invest 10% more than we do now in environmentally friendly methods. Operational level: - To increase the number of retail stores by 15-20 percent per year and to get 15 percent of total sales out of the new website.
H&M
H&M: Mission statement level: -
List and explain all aspects of supply chain management. pg 416; week5 lecture, pg 4;
Zara is currently operating in a single county and that’s why faced a social influence that was already coped by Azadea group for its other brands. Luckily, Zara got a country based on independent cultural roots. A long history of United Arab Emirates in arts and design has an excellent contribution in artistic and designing field. This country has a quiet social environment, pulling in visitors on huge scales, having bunches of splendid social occasions. Solid tourism exchanges allow retailers like Zara to get acquire clients and after that retaining of clients is finished by quality fulfilling clients' needs. Zara's strategy of higher turnover encourages offer of
The business idea of Zara is to link customer demand to manufacturing, and to link manufacturing to distribution. And based on this general idea, Zara has several essential elements for its business model. First, speed and decision making, which means that in the external level, Zara need to respond very quickly to demands of target customers, and always keep in style. While for the inside, Zara treasure intelligence and judgment of common employees who enjoy a great deal of autonomy. Second, its marketing, merchandising and advertising strategy. Zara does not spend on virtually advertising, while it spends heavily on stores, and no selling online because of
ZARA is an understood Spanish garments brand well known for its high-speed answer, which is considered as a win variable for the organization and obtaining competitive edge over its rivals around the world. Style is about new and in vogue garments, ZARA's stock administration and distribution strategy are the key components behind its high-speed answer procedure. ZARA has outlets in 86 nations, including Europe, United States, Middle East and Asia. In 2012, Inditex the guardian organization of ZARA has asserted US$20.7
Zara’s goal is to offer fashion at reasonably priced level in moderate quality products. Zara has a slightly different business model
Zara’s business model can be broken down into three basic components: concept, capabilities, and value
Zara is a clothing company that was founded in 1975 and came from Spain. Its under Inditex group which owns other brands such as Massimo Dutti, Pull & Bear, Oysho, Uterques and many more companies. Zara grew very fast and currently in 2012 has 1,617 stores worldwide. With a large name in the fashion industry, besides that, Zara faces tough competition internationally including H&M, Benetton, and GAP. In order to keep up with the speed chic, Zara need to keep up also with the information system to run their business.
Over the years, what we know as the retail industry has changed. With fast access to information and increasing demand from customers, the retail industry have been fighting to overcome challenges to keep up with the changing times. Zara, a flagship brand under the Inditex Company (Industrias de Deseno Texti S.A) founded in 1975, achieving huge success within the retail industry in most focuses of operation.
This report is mainly focusing on studies of marketing strategy. By analyzing and discussing the case of Zara, we will be able to have a more in depth analysis of companies and their marketing strategies.
Founded in 1975, Zara’s parent, Inditex, has become one of the leading global apparel retailers. Since its initial public offering (IPO) in 2001, Inditex has tripled its sales and profits and doubled the number of stores. Of the company’s eight brands, Zara contributes two-thirds of total sales.
This paper as a result helps us understand how successful ZARA’s business model and how efficient over the year ZARA has been in reaching to its customers need, as we all know ZARA is a very trendy fashion brand especially among the youths and as a matter of fact it ranks 51 in Forbes most valuable brand list with total revenue of 11.3$ billion (Forbes). Over the year ZARA has come up with better strategies to improve their supply chain thereby improve their products and service to the customer and in this I Shall completely explain the business ideology of ZARA and as why it is one of the most preferred brands and also what improvement ZARA can get in their business strategy to improve more , this paper shall also explain as to why other
Though above analysis, Zara's core competencies ensure the four criteria of sustainable competitive advantages: valuable, rare, difficult to imitate and exploited by organization meaning cannot be replaced. Zara's products express a unique style that has created sustainable position in customer's minds and make them feel in each of Zara's product. The attraction of Zara is creative in each product, innovative and unique characteristics. So it is not easy for competitors to achieve the results.
Zara is a Spanish brand of clothing founded by the visionary 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 86 countries with total of 1,763 stores worldwide.
Zara is the oldest, most internationally established company of the Spanish retail group Inditex SA. It is a high-fashion concept offering apparel, footwear and accessories for women, men and children. By focusing on shorter response times, the company ensures that its stores are able to carry clothes that the consumers want at that time. Zara offers its customers a unique mix of affordability, exclusivity and differentiation, as well as creating a unique shopping experience.
Their cost advantage and ability to maintain brand recognition and customer loyalty are essential elements of Zara’s capabilities that build value in the company.