Question: Use the 4 v analysis to map out the operations for the below: The first store opened almost by accident in 1 9 7 5
Use the v analysis to map out the operations for the below:
The first store opened almost by accident in when Amancio Ortega Gaona, a womens pyjama manufacturer, was left with a large cancelled order. The shop he opened was intended only as an outlet for cancelled orders. Now Inditex, the holding group that includes the Zara brand, has over stores in countries with annual sales of over billion. The Zara brand accounts for over per cent of the groups total retail sales and is still based in northwest Spain. By it had become the worlds fastest growing volume garment retailer. The Inditex group also has several other branded chains including Pull and Bear, and Massimo Dutti. In total it employs almost people in a business that is known for a high degree of vertical integration compared with most fast fashion companies. The company believes it is its integration along the supply chain that allows it to respond to customer demand fast and flexibly while keeping stock to a minimum.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
