Entity Dossier
entity

Sedico

Strategic Concepts & Mechanics

Cornerstone MoveClose Every Circle Until Control Is Complete
Competitive AdvantageFashion Signature as Margin Multiplier
Signature MovePaternalistic Covenant With the Valley
Strategic PatternSubcontractor Apprenticeship as Espionage
Strategic PatternLow Cost Many Models Flood Strategy
Identity & CultureOrphan Hunger as Permanent Engine
Cornerstone MoveBuy the Myth Then Rebuild It From the Product Up
Risk DoctrineCash Fortress Before the Storm Hits
Identity & CultureSilicon Valley Peers Not Italian Peers
Operating PrincipleBring Production Home When Quality Fails
Signature MoveEvery Euro Saved Is an Extra Euro in Profit
Risk DoctrineOwnership Separated From Management
Competitive AdvantageClosed Valley as Loyalty Fortress
Signature MoveMove Before Being Overwhelmed
Cornerstone MoveHostile Raid to Swallow the Whole Animal
Capital StrategyWall Street Listing as Credibility Weapon
Signature MovePocket Recorder on the Nightstand
Signature MoveFactory Floor at Five AM, Never the Office

Primary Evidence

"Del Vecchio decided that a new plant had to be opened as soon as possible lower down, below the mountains, where there was no risk of being blocked. He talked with the mayors of the area and ended up in Sedico. In four months, the new factory was ready, 5,000 square meters built in record time. You couldn't stop. You had to run. The numbers spoke for themselves. The company's turnover was multiplied by ten in five years: from 16 billion lire in 1979 to 155 in 1984. Luxottica ran faster than Carl Lewis at the Los Angeles Olympics. Leonardo is the real son of the wind."

Source:Leonardo Del Vecchio

"On the mobile phone, the live webcam images of the works for the construction of the new logistics hub in Sedico, where he also carried out his first experiment of complete vertical integration: in the same facility, the frames, the prescription and sunglass lenses are made, as well as the complete glasses being assembled before being shipped to the customer."

Source:Leonardo Del Vecchio

"Sedico, the valley town that would become in 2000 the Italian center of Luxottica’s logistics: a 36,000 square meter facility from where more than two hundred thousand pairs of glasses leave every day, providing employment to over eight hundred people, with shifts starting at five in the morning to follow the different time zones of the factories scattered all over the world. In Sedico, both frames and ophthalmic lenses are produced with automated systems. The optician’s prescription comes in, and the finished product comes out, ready to go directly to the store for the end customer. The complete circle of vertical integration takes place in this facility. Luxottica’s Amazon resides here."

Source:Leonardo Del Vecchio

"He decides to implement a pilot project in his Sedico plant, and at the same time in one in China and the United States, where the glasses are produced in every part. It starts with the optician's prescription and ends with the finished product along a single production line, which also includes the lenses."

Source:Leonardo Del Vecchio

Appears In Volumes