Question

Critically discuss if Zara’s good practices can be transferred to some other companies in the apparel industry.

Answer 1

Zara is one among the industry leaders in the apparel industry. They are leading the apparel industry with their high quality products at comparable prices.

Zara's good practices like efficient supply chain, newer and latest designs, comparable prices, excellent quality, factory to store strategy are one among the major practices that are helping Zara in leading the apparel industry.

Other companies in the apparel industry can also follow these good practices of Zara which will help other companies also to grow and to earn huge profits. The Zara strategy of order to stock is very effective in selling products. However, htis approach can not be followed by other companies until they make themselves and brand and famous company. Once they become famous, then their products can also be made to stock. This strategy helps in cutting huge costs and achieving huge profits.