What is zara's business model? What information does zara need to operate its business model?
Answers
Answer:
Zara is a small clothes manufacturer in the north west of Spain and a pioneer of the “Fast Fashion” business model which eliminates “fashion misses” risk. The company's strategy involves stocking very little inventory and updating collections often to deliver the latest emerging fashion trends
Answer:three steps
Explanation:
First they need to collect data on demands. What customers want to see in the stores, and what would they potentially buy. Then designers process this information and sketch what models need to be made. Then materials are bought on the basis of choosing the low cost ones. Cutting of models is monitored through computer system so that there is no over wasting of materials. When the fabric is prepared it is sent to the factories, from where when finished is sent to sewing shops for final details. The clothes is then labelled, and grouped based on orders and sent to different shop locations.