Friday, June 14, 2019
Zara Clothing - Available Strategic Options and Methods of Essay
Zara Clothing - Available Strategic Options and Methods of Implementation - Essay ExampleThe paper describes the key organizational strategy of the company which revolves nigh responding swiftly to customer demands. Zara identifies trends and delivers products to customers through its proficient value chain model as well as its autonomously planned structure. This model of business has been quite effortlessly maintained causing the companys executives to disregard any thoughts of change for the near future. Moreover, one of Zaras biggest problems is in updating its approaches towards online sales. Upgrading the current system provide contribute towards increasing the networking as well as functionality abilities of the fashion house. This will bring about additional improvements to Zaras operational functions such as modify inventory replenishment and customer demand forecasting. Investing in new technology will provide Zara with the capacity to be a trend-setter in the fashion in dustry. A new and technologically improved system would permit real-time inventory management. This would contribute to the enhancement of the service level and increase the cross-selling functions amidst stores, thus giving better service to the targeted consumers. Zaras other major challenge lies in containing its huge maintenance expenses. The main challenge that the firm whitethorn have to face in adapting to a technologically improved system would be in purchasing a readymade system or creating it. As the exact for the new system is not immediate, creating an in-house system may be the financially responsible option. However, due to the lack of present workers who are skilled in this subject, purchasing the necessary software is the ideal
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