In: Operations Management
what is the role of resilience, agile/Adaptability and process management in Guess company?
Guess company deals with clothing and is a retailer in the USA. IT has a customer dealing and that is why that has to be very adaptive while tackling the need of the customers regularly. Resilience and adaptability are the keys to reach the path of success for any company. Being in the sector which has a lot of customer dealing the company must be ready to cope up with the situation which does not go as planned. To overcome this type of situations it is very important to have a resilience ability. This will help the company to tackle these situations in a good manner and will help the company to learn a lot of new things. Guess is a company that does regular changes in the products according to the need for the people and resilience to help them to move instead of setting back and think upon the failures. Guess is a successful brand and it is their ability of resilience which has helped them to overcome various barriers and expand their business. This ability has even helped them to develop a mechanism that has provided them protection over the problems which they came across in their work. This has provided an overwhelming response to them.
Being in a retailer sector adaptability is very important for Guess. Adaptability helps in overcoming the barriers of completion in the path of success. The clothing sector requires change and adaptability to fulfill the demand of the customers. Guess has also followed this path to become a successful full brand in clothing sectors. The taste of the customers changes from time to time and thus it is very important to keep adapting the changes so that the company can beat the competition and have a respectful place in the market.
Process management also has a great impact on the working of Guess. The company's main process in to manage its warehouses which are the backbone for the company. A cloth retailing company have to manage their warehouses for fulfilling the uncertain demands of the people. The company has expanded its supply chain for making successful management of the business which runs on supply. Through this guess managed to reduce the inventory time which helped them to reduce cost and increase the volume of sales.