Consider the case Zara and answer the following questions:

a) Describe Zara's current sourcing strategy. How is it a competitive advantage for the firm?

b) What specific challenges are a result of Zara's rapid inventory turnover? What portions of Zara's replenishment strategy make it easier to manage?

c) Will Zara's current sourcing strategy continue to be useful as it expands? How should strategy change? What are the risks associated with this new strategy?

d) What are Zara's three success factors?