Supply chain management on Zara
The appraisal is based on the specific supply chain stage of the focal firm you identified during the previous summative assessment.
- For this assessment you will demonstrate that you can apply the appropriate knowledge(concepts, methods and tools introduced and explored in the lectures and seminars) through research and analytical evaluation. Where appropriate you are expected to use relevant and credible sources based both on key readings on the module as well as from your individual research ?
- The aim of the Improvement Appraisal is to provide an overview of the overall supply-chain of the company and the particular segment you are focusing on. Next, to identify specific issues or areas that are impacting the current operational performance (the base option).
Within this section you should leverage theory that you have covered within the course, for instance looking at common supply chain performance parameters. N.B Sustainability related issues cannot be included within this appraisal? - Next, suggest a solution (the proposed option) that leverages collaboration with stakeholders and/or increases the resilience of the operation through the mitigation of a risk. Summarise the expected benefits associated with the change (including those arising from collaboration and/or risk reduction)?
- Next make the case for change by undertaking an Options Appraisal for the above two options
using the Value Indexing method.? - Next make support the business case for change by answering the question how long is the change is likely to take and how much it will cost?
- Finally create a Risk Register related to the proposed change case?
- You are also free to conduct primary research in order to help you identify business issues,though you must follow the university’s research guidelines including tutor sign off.?
Please bear in mind that the assessment is the development of an appraisal that can be presented in the format of a Plan, but NOT as an essay, NOR as a report.
Zara is an organization present in the fashion market; it focuses on delivering clothing lines fast at an affordable price. It is a worldwide brand, initially born in Spain as a family business founded by Amancio Ortega in 1975, now present in the Inditex, the world’s biggest fashion group. The fashion group also owns brands such as Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe.
Since its first opening store in Spain Zara has expanded to more than 2,200 stores in 96 countries around the world. (TradeGecko,2019) for the brand, The customer is at the heart of a unique business model, which includes design, production, distribution and sales through their extensive retail network.
The brand being one of the most successful fashion retail brands of all time (MartinRoll,2019), it produces around 450 million items a year. (TradeGecko,2019)