Tuesday, November 3, 2015

Supply Chain Management Research

     Today I learned several new facts about large retail companies that I have not heard of before. I learned about the still expanding Zara and how they produce the enormous quantities of clothing for cheap prices but still make billions a year on profit from over 1,700 stores throughout 86 countries. After reading this article about the Zara's Fast-Fashion edge on Bloomberg Business I began to question the treatment and hours of the workers working in the five million square foot distribution center for the company. Looking at other large retail companies such as Unilqo and H&M, all these companies relate to each other by competing over prices and making sure they make enough product to compete with these other companies in the shortest amount of time possible. The CEO of Uniqlo is one of the wealthiest men in Japan keeping a revenue of Billions a year. The CEO Tadashi Yanai expects the companies revenues to grow over fifty billion dollars by the year 2020. Overall after doing some quick research about the Supply Management Chain and reading these articles it brings up a very important question on just how theses large retail companies are making the profits by cheaply producing the goods.

No comments:

Post a Comment