Profit

Описание

Watch part 1 (1:00 - 2:24) of this video about Shein and answer the questions:
1. How does Shein determine which designs to produce more?


2. What is the difference between Shein's production model and traditional retail in terms of order quantities and timing?


3. How does Shein's inventory turnover rate compare to its competitors like H&M and Zara?

 4. Why does Shein use a small batch model for production?


Watch part 2 (2:24-4:24)ofthisvideoandfillinthegaps:

Shein, a popular online retailer, works with numerous smaller manufacturers to offer __________(1) to consumers.


The company uses a system where designers create a product, prepare __________(2), and then identify a contract manufacturer to produce the item.


Shein's ordering platform can automatically place new orders based on the __________(3) in real-time.


By ordering in smaller batches, Shein aims to reduce the risk of excess unsold inventory, saving up to __________(4).


Critics argue that Shein's low prices may lead to increased consumption and potentially higher overall __________(5).


Despite concerns, a 2023 UBS report revealed that Shein shoppers in the U.S. spend significantly more on clothing compared to the __________(6).


The brand's ability to maintain low prices is a subject of scrutiny regarding its impact on __________(7) and waste levels.