Service Industry Supply Chains Assignment Example | Topics and Well Written Essays - 3000 words

Service Industry Supply Chains - Assignment ExampleThe researcher states that today, it is not the firms that struggle with each other, but the good supply cooking stove management that behaves the difference. Supply chain management has been regarded as one of the main concerns for companies to achieve betterperformances. The path Industry has been able to makesignificantalterations within its supply chainsystemsas a result of the changing characteristics of the fashion market around the world which requires price benefits by the union and fresh products by the clients. Leading Fashion chains like Zara and Gucci havedevelopedsuccessfulsupply chains, to meet consumer needs in aneffectivemanner. The sedulousness has closely maintained itsfocusthrough the years of uninterrupted improvement and innovation supported strongly by customer needs andsatisfactioncriterion. The Fashion companies focus on providing the market frequently with the latest trends and maintain to change over 7 0% of the products every month. According toLuisBlanc, anInditexDesigner Director, Most of the Fashion Companies root on their clients to understandthat if they like something, they must buy it now, because it will not be in the shops the following week. It is all about creating a climate of scarcity and luck. Every retail business that includes supply chain systems, add value to their product in some form or other. An effective supply chain management is an act of optimizing all actions throughout the supply chain process for the retail businesses, and an efficient management of the supply chain is the key to obtaining higher combative retail business advantages. Supply chain management is all about having the right kind of resources at the right time and supply of the products to the right customers at a limited cost.