Draft 2
Draft 2
MANAGEMENT | MID-TERM | GROUP 4 MACRO ENVIRON. MICRO ENVIRON. INTERNAL ENVIRON. SWOT STRATEGIES
ク
s
ロ
i
n は
5
9 STRUCTURE
R&D centers in Tokyo and New York
4 に
HR Personnel policy
9 カ Supervisor - Block leader – Super – Store -
TECHNOLO- MANAGEMENT Manager - Franchise owner
POLITICAL
GICAL
ジ [6,7,8]
T
[3] As an MNC, political issues affect all Fabric technology
P
TECHNOLOGY Raw material development : High-performance materials
FORCES
countries that trade with UNIQLO
ュ
BIGGEST
Robots Product development
DEVELOPMENT
The political system seems stable and
consistent in both economic and foreign Automated warehouse
one of the ア policies
ENVIRON-
fashion retailers ル ECONOMIC
Items for different weather
MENTAL The number of competitors are very few, but large in size. PRIMARY ACTIVITIES
Yamaguchi Foreign Exchange Rate: Number of [9,10] conditions (Autumn/Winter Collection) The industry is growing every year and is expected to
E E
[4] companies that have incurred losses continue a few years ahead. [14]
な
24
Sustainability caring for the
because of forex risk The products produced are highly differentiated.
countries worldwide Demand Shifts from Goods Economy to
environment: signed the Fashion
Industry Charter for Climate Action
INBOUND Products are sent from the partner factories overseas
Third-party transportation service provider to ship
着 Service Economy in January 2020
company's competitive rivals LOGISTICS
… こ
GDP Trend & Rate of Economic Growth Launching REUNIQLO project
LEGAL
[30]
merchandise
L
[12,13] The access to distribution networks is easy for new entrants.
S
[5]
Fashion industry being changed by Protect intellectual property (IP)
young people system by WIPO Madrid System.
UNIQLO
new market entrants [27] Combined e-commerce and retail store services
し Attitude towards Leisure
Comply with local tax laws, OPERATIONS Enabling customers to shop conveniently at times
international tax laws, and OECD and places that suit them
is a を
Transfer Pricing Guidelines. Brand reputation attracts and maintains long-term
relationships.
A highly qualified R&D and innovation team reduces the [31] Instill RFID (radio frequency identifier)
dependence on suppliers.
OUTBOUND Joint venture with Daiwa House Group to build a new
イ
INTERNAL
logistics center for an efficient and fast distribution
Labor is available in large numbers. LOGISTICS
modern Japanese company that ン
INTO suppliers Bargaining power of suppliers is low
Marketing
network in Tokyo
INSPIRES An innumerable number of substitutes and competitors are Made for all
ス 1. ORGANIZATIONAL CULTURE available at a negligible switching cost for customers.
Marketing
campaigns
UNIQLO Uncover magazine
Consumers’ price sensitivity, high market knowledge and Competitive price
purchasing standardized products in large volumes.
MARKETING Pricing
パ [16] High-quality at an affordable
”
promotional content accordingly
strategy
TANGIBLE
CONCEPT
GENERAL
Uniqlo: selling high-quality products at an affordable rate Weekly promotions that are divided by
ア where the main focus is on comfort and casual. gender
Flat internal organizational hierarchy Substitutes: focus more on the latest fashion and keep up
with the ongoing trends: H&M, Zara, GAP,... Online Customer Satisfaction Surveys
Logo: Uniqlo focuses on Japanese elements
す as a global business strategy.
For customers
For employees
AFTER-SALE Customer Service Centers
Using Data to Create the Best Products and
Slogan: Made for all ▶ Uniqlo's clothing is
For internal corporate substitute products SERVICES Services for Customers
made for all people.
Approaching Respecting る
issues from the and
customer supporting モ
perspective individuals
OUTER FACTOR
to foster ダ 50%
CORE growth Corporate statement 90% ユ
ン
Changing clothes
OPPORTUNITIES THREATS
VALUES Changing conventional wisdom
Change the world
Inner factors + Digital media marketing + Socioeconomic factors ニ
VALUES
Value
culture, and business strategy
Outer factors
+ Trends of minimalism
+ High opportunity in the
+ Rising pay level
+ Imitation of counterfeit and low quality
ク
Comfortable shopping
Embracing Committing to 日 Low price
competitors, people’s fashion
campaign in various sports products
innovation & ethical
High quality and function
preferences, politics
events ロ
challenge standards and 本
correctness STRENGTHS S-O Strategy S-T Strategy は
の
2. RESOURCES & CAPABILITIES + Effective operational strategy + Have more chances to enter + “More for the same” - offer a higher 、
of outsourcing the manufacturing emerging markets and expand quality product with a competitive price
企 work from Asian countries markets due to government + Promotional pricing strategy in order to 世
PHYSICAL [19]
Women and 2021,valued at about innovation: + Discounted prices because of agreements attract more customers during the recession
INTANGIBLE
in
FINANCIAL
で
Potential for
Performance and
stores all
over the billion
Revenue with Uniqlo). + Strong brand value promotions through social media distributing regions に
Sustainability Growth world + Automation of activities + Strengthen brand’s image to win + Applying new and unique innovations into
brought consistency of quality minimalists’ hearts the products to minimize the process of
す Safety and
Support for
Operating profit
¥ 132.7 billion[21] + Strong dealer community copying the others カ
The Power of clothing ユ
All Employees
WEAKNESSES ジ
MARKETING [28]
International Commitment to Develop products Promotional campaigns: High quality W-O Strategy W-T Strategy
PRODUCT & SERVICE
星 社 人 ニ +2,000
Culture: media, national newspapers,… Casual wear to promote regularly and spread meet the demand of the target customers
UNIQUE
stores
worldwide[24] emerging needs: 100% Low prices[23] + Low brand recall (low market values + Diverge the product mix of the company
giving back to
ク [23] society, self-
trends,
materials
recycled
fiber
share in the US market) + Do more collaborations, + Review and abandon some of the low- ア
Over 25 markets disruptive [25,26] 84th the World’s + Not highly successful at especially with sports event profit markets to cut off logistics and
Most famous - HeatTech: 2003, Most Valuable Brands integrating firms with different operational cost
ロ Platform: Brick- HEATTECH,
The R&D
department
1.5 million shirts in (Forbes)
work cultures. + Drastically marketing in the target ル
会 and-mortar stores AIRism,
2012,
+ Limited success outside core market to increase brand awareness
- Website LifeWear, UV Cut 130 million shirts
は business な
.planet .society .people 、 着
(1) A non., 20 22. Uniq lo: A Supp ly Chain Go ing Glob al Case Stu dy Solut ion | EMBA Pr o. [onli ne] Avai lable at : < https ://e mbapr o.com /fron tpage /cas estud ysolu tion/ 3983- uniq lo-su pply> [A ccess ed 22 Augus t 202 2]. (2) "Vy , T ., 2021. Pe stel un iqlo mkt 301 | Studo cu. [onl ine] Ava ilab le at: <htt ps:// www.s tudoc u.co m/vn/ docum ent/t ruong -dai -hoc- kinh- te-ta i-chi nh-t hanh- pho-h o-chi -minh /mar ketin g/pes tel-u ni qlo-mkt 301/1 8959 540> [Ac cesse d 2 1 A ugust . 2 022]. (3 ) A non. , 2 017. Uni qlo debu ts new fabr ic techn olog ies at Art and Sc ience of Li fewea r e vent | Fash ion Net work . [onl ine] Ava ilabl e a t: <http s:// w w.fashi onnet work .com/ news/ uniql o-deb uts- new-f abric -tech nolog ies- at-ar t-and -scie nce-o f-li fewea r-eve nt,88 4332. html > [A cces sed 23 Augus t 2 022]. (4 ) J onath an, C., 201 9. Uniql o w areho use robo ts can pi ck up an d pa ck t-shi rts just as we ll | M ailon line . [onl ine] Ava ilabl e a t: < http s://w ww.da ilyma il.co .uk/ scien cetec h/art icle- 7824 495/U niqlo -ware house -rob ots-p ick-p ack-t -shir ts-j ust-h umans .html > [ A ccessed 21 Au gust 202 2]. (5) Kei ichi, F. , 20 22. Uniq lo paren t e xpand s a utoma ted- wareh ouse net work int o C hina | NIKKE IAsi a . [on line] Av ailab le at: <htt ps:// asia .nikk ei.co m/Bus iness /Tec hnolo gy/Un i qlo-par ent-e xpan ds-
automat ed-wa reho use-n etwor k-int o-Chi na> [Acc essed 23 Augu st 2 022]. (6) Ano n., n.d. Wint er t echno logy | A utum n/Win ter 2021 Life Wear coll ectio n - Uniq lo | UNI QLO. [on line] Ava ilabl e at : <h ttps: //ww w.uniql o.com /eu/ en/co ntent s/fea ture/ cata log-2 021fw /tech nolog y-fo r-win ter/> [Ac cesse d 21 Aug ust 2022] . (7 ) An on., n.d. Sust ainab ility Rep ort | In trodu ctio n | UNI QLO. [on line] Ava ilabl e at : <h ttps: //www.u niqlo .com /jp/e n/con tents /sust aina bilit y/rep ort/2 022/> [Ac cess ed 2 3 Au gust 2022 ]. ( 8) A non., n.d . A New Life for UNI QLO Cloth ing - RE .UNIQ LO | UNI QLO. [on line] Ava ilabl e at : <h ttps: //www .un iqlo.co m/jp/ en/c onten ts/su stain abili ty/p lanet /clot hes_r ecycl ing/ re -un iqlo/ > [A ccess ed 2 2 Au gust 2022 ]. ( 9) A non. , 20 19. Fast Reta iling Par tners wit h In terna tion al L abour Org aniza tion for or Socia l Prot ectio n an d Im prove d En viro nment s fo r Asi an W orker s | FAST RET AILIN G CO ,. L TD . [onl ine] Avai lable at: <ht tps:/ /www. fast retai ling. com/e ng/su stai nabil ity/n ews/1 90904 0900 .html > [A ccess ed 2 3 Aug ust 20 22]. (10) Ano n., n .d. Fast Reta iling Co. , Lt d.: One of th e Wo rld 's L arges t Ap parel Ret ailer s | WIPO . [on line ] Ava ilab le at : <h ttps: //ww w.wip o.int /ipad vanta ge/e n/det ails. jsp?i d=116 44> [Acce ssed 2 4 Au gust 2022 ] .
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<https: //www .fas treta iling .com/ eng/g roup /shop list/ > [A ccess ed 2 2 Au gust 2022 ]. (1 8) T ugba, S., 202 1. U niqlo : br and value wor ldwid e 20 16-20 21 | Stat ista . [on line ] Ava ilab le at : <h ttps: //ww w.sta tist a.com/s tatis tics /9807 50/br and-v alue- of-u niqlo -worl dwide /> [ Acces sed 22 A ugust 202 2]. (19) Anon ., 20 22. Resul ts S ummar y | FAST RET AILIN G CO ., L TD. [ onli ne] A vail able at: <http s:// www.f astre taili ng. com/eng /ir/f inan cial/ summa ry.ht ml> [Acce ssed 23 Augus t 20 22]. (20) And ree, L., 2016. 7 Ways Uniq lo P lans to T ake Over the Clot hing Indu stry via WOM | Re ferra lCand y. [ onlin e] A vaila ble at: <http s: //www.r eferr alca ndy.c om/bl og/un iqlo- word -of-m outh- marke ting> [Ac cesse d 23 Aug ust 2022] . (2 1) M artin , R. , 202 1. U niqlo - The Strat egy Behin d Th e Jap anes e Fas t Fa shion Ret ail Brand | Marti nRoll . [o nline] Avai lable at: <ht tps:/ /mart inrol l.co m/res ource s/art icles /str ategy /uniq lo-th e-str ateg y-beh ind-t he-gl obal- japa nese- fast- fashi on-re tail -bran d/> [Acce ssed 24 A ugus t 202 2]. (22) Pari etti, M., 20 22. H& M vs . Zar a vs . Un iqlo: What 's t he D iffer ence | In vesto pedia . [o nline ] Av ailab le a t: <h ttps: //ww w.inv estop edia. com/a rtic les/m arket s/120 215/h m-vs -zara -vs-u niqlo -comp arin g-bus iness -mode ls.as p> [Access ed 2 3 Aug us t
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Japan brand ing: Uniq lo’s logo des ign | Gol den Ninja . [o nline ] Av ailab le a t: < https ://go lden ninja .word press .com/ 2013 /01/0 3/jap an-br andin g-un iqlo- logo- desig n/#:~ :tex t=A%2 0 br ight% 20 s atura ted%2 0red% 20circl e> [ Acces sed 26 A ugust 20 22]. (38) "An on., (n.d .). CORPO RATE PHIL OSOPH Y | UNIQ LO | GLO BAL M ANAG EMENT PRO GRAM in J APAN | F AST RETAI LING CARE ER O PPORT UNITI ES. [onli ne] Avail able at: <htt ps: //www.f astre tail ing.c om/em ploym ent/e n/un iqlo/ gradu ate/g mp/co mpan y/#:~ :text =Thro ugh%2 0the %20cr eatio n%20o f%20t ruly > [Ac cess ed 26 Aug ust 202 2]. (39) "Ano n., ( n.d. ). CO RPOR ATE P HILO SOPHY | U NIQLO | G LOBAL MANAG EMENT PRO GRAM in JAPAN | F AST RETAI LING CARE ER O PPORT UNITI ES. [onli ne] Avail able at: <htt ps:// www. fastr etail ing.c om/em ploy ment/ en/un iqlo/ gradu ate/ gmp/c ompan y/#:~ :text =Thr ough% 20the %20cr eation% 20of% 20tr uly> [Acc essed 26 Augus t 2022] . (4 0) A non., 202 2. UN IQLO . [on line ] Ava ilab le at : <h ttps: //ww w.uni qlo.c om/us /en/s pl/s ustai nabil ity> [A ccess ed 2 5 Aug ust 202 2] ( 41) Shaw, A., n.d. SWOT Anal ysis of U niqlo | SWOT & PE STLE Anal ysis. [onl ine] Avai lable at: <ht tps:/ /swot andpe stlea naly sis.c om/sw ot-an alysi s-of -uniq lo/> [Acc essed 24 Augus t 20 22]. (42) Anon ., 2 020. Uniql o SW OT A nal ysis, Compe titor s &
USP | MBA Skool. [online] Available at: <https://www.mbaskool.co m/bra ndgui de/li festy le-a nd-re tail/ 4960- uniql o.ht ml> [Accessed 22 August 2022]. (43) Anon., 2022. UNIQLO SWOT Analysis Matrix [step by step] Weighted SWOT I FERN FORT UNIVERSITY. [online] Available at: <http://fernfortuniversit y.com /ter m-pap ers/s wot/1 433/1 147- uniql o.php > [Accessed 24 August 2022]. (44) Anon., n.d. Individual Assignment #1 – SWOT Uniqlo. [pdf] Available at: <http://blogs.ubc.ca/201 6com m101/ files /2014 /05/A ssig nment 1_Exe mplar 1.pdf > [Accessed 23 August 2022]. (45) Abdul, M., 2022. Uniqlo SWOT Analysis 2022 | PESTLE ANALYSIS. [online] Available at: <https://pestleanalysis.c om/u niqlo -swot -anal ysis/ > [Accessed 23 August 2022].