Friday, November 21, 2014

Thinking About Success

LUCK-4
OPPORTUNITY-3

SKILL-2
HARD WORK-1

Jennifer Lawerence

Luck- Luck has absolutely NOTHING to do with economic success. Sure, one might get lucky every once in a while, but success comes from hard work, skill, intelligence, and dedication to bettering yourself.

Opportunity- While opportunity is important when looking for a job, it is not that important because if you are truly gifted at what you do and are a hard worker, a business will most likely hire you even if they are not looking to hire anyone.

Skill- Going off what I said below, skill is an important factor in becoming successful. But if you only rely on having skill, you will not have much success because there are many people in the world who also have that same skill. It all depends on how much work you put in to it.

Hard work- Success does not come to a person unless they are dedicated and put hard work into their career. Sure, you may have a natural gift in that field, but that will only get you so far unless you actually put in the work and put in the effort into becoming successful.

***In my opinion, what makes a person economically successful is a cornucopia of things.  First off, hard work always pays off! However, all the hard work or effort in the world won't matter if you aren't inspired. Secondly, skill or aptitude for a profession is a significant part of becoming successful. Quite frankly, if you aren't good at something, you most likely won't be too successful at it. Lastly, economic success comes from hard work, skill, intelligence, and dedication to bettering yourself.***

Wednesday, November 19, 2014

Mass Production in Retail

Zara Headquarters
By reading these articles focusing on the mass and rapid production of retail based on the needs and wants of retailers, I have learned what all goes into marketing clothes. For instance, Zara is famously known for its ability to deliver new clothes to stores quickly and in small batches. In order to achieve this, Zara controls its manufacturing more than most retailers by manufacturing most of its clothes in Spain or in countries of close proximity. Zara produces 450 million items a year for its 1,770 stores located in 86 countries. 

I also learned what the "Top 10 Supply Chain Innovations of All Time" are! These innovations are responsible for the expansive growth in the retail industry that we live in today.

  1. The Toyota Production System
  2. P&G's Continuous Replenishment
  3. The Ocean Shipping Container
  4. Economic Order Quantity (EOQ)
  5. The Ford Assembly Line
  6. The Universal Product Code
  7. The FedEx Tracking System
  8. Distribution Requirements Planning (DRP)
  9. 3M's Transportation Load Control Center
  10. Taylorism


QUESTIONS:
Though it costs more to make larger sizes, why charge more for bigger sized clothing when you lose a sale altogether, instead of losing a couple of dollars?

Monday, November 17, 2014

Immigration from Europe to US


Dear Mom,

As of today, it has been two full months of living in the United States, and oh how it is different from Italy. Being completely fluent in the English language has helped me immensely. I have been able to converse with other immigrants in my neighborhood, as well as being able to communicate with potential employers. I have gotten a job in a clothing industry where I sew/make clothes for mass production. Instead of women making their own clothes here, they can now go to department stores and BUY clothes already made! I make a fairly decent salary, but all workers recently have had their incomes increased, which helps me pay for the rent in the tenement building where I live.

It has been difficult adjusting to city and urban life here. Instead of having lots of land and being far away from other people, the proximity of other's residences is quite overwhelming. Being able to go through this transition with other immigrants in the same position has really helped me adjust to my new life in New York, Mom, you would not be able to believe how many people from different countries there are here? There are Italians, Germans, Slavs, Russians, Irish, and so much more! Even though we are from all different backgrounds, we have assimilated a group or community in which us immigrants are there for each other and can process challenges that we have all gone through. I miss you terribly, but I hope one day you and Dad can come join me here in New York!

Much Love,
Lucy