What Business Is Zara Essay Example | Topics and Well Written Essays - 1250 words

What Business Is Zara - try on ExampleThe essay What Business Is Zara investigates Zara business model. GAP introduces new line clothing not on a regular basis but approximate once in a year. This is during periods when its gross sales are lofty. Sales are high about thirteen weeks a year during the back to school/ work and holiday periods. GAP, Inc does not comprise its clothes it is a retailer company sourcing its clothes from various factories. GAP makes its money majorly through sales and partly through return on assets and debt. Its financial performance is given by financial ratios which implicate return on sales, leverage ratio, solvency ratio and liquidity ratios. Zara business model is unique and distinct from others because it has interpreted control of its supply chain independently. It understands the market and its demands. Use of technology technology has enabled Zara to communicate directly with its employment centers and designers. It has also facilitated direct placement of ordr4s by shop managers basing on the demands of that region. Understanding customers demand. Zara produces new collections every troika weeks and this is done after analysis of the design in most demand by customers through the store managers. Use of personal digital assistance. Store managers use PDAs to place orders as requested by customers. This has facilitated clock delivery as it has allowed a customer to even get the product within two days. creation customer based. Zara send group of commercials to different countries in which its stores are located to observe the style.