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Zara Case Study
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Topic: Logistics Case Study. Prepare a 3500 + 10% word report (executive summary, table of contents body, conclusions and recommendations) analysing the issues in the supply chain of Zara, and identify logistics management strategies that enabled the company to become successful, and/or will be necessary for the company to maintain/improve its success in the future. Specific issues to address include the seven principles of supply chain management at the end of the case study and any conclusions to be drawn will useful in the recommendations section. Research Students need to suppor...Solution Preview:
During ancient times, the industry dealing in apparels has operated on a fast and push model for a long time, but nowadays with the new entrants plus the acute and stiff competition, these brands are continuously being acutely forced to grow up and also come up with so many of the innovative and advanced products in order to meet the requirements and clients expectations (Esper and Russell Crook, 2014). The brand requirements are to cater the various segments of the market which are based on the demography, geography and the lifestyle. Like a new brand has necessarily required keeping the fact in mind that the geographical locations vary refer requirements, style, taste, per capita income and so many other facts (Carter, Kosmol and Kaufmann, 2016)So the similar kinds of the product cannot serve the ultimate aim of the various geographical locations.
This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.
This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.
