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Supplier Relationship Management for Tesco UK and Greek Suppliers

   

Added on  2023-04-24

13 Pages2861 Words462 Views
Business DevelopmentLeadership Management
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Running head: SUPPLIER RELATIONSHIP MANAGEMENT
SUPPLIER RELATIONSHIP MANAGEMENT
Name of the Student
Name of the University
Author Note
Supplier Relationship Management for Tesco UK and Greek Suppliers_1

1SUPPLIER RELATIONSHIP MANAGEMENT
Executive Summary
The report will examine how the supply chain structures are becoming more complex,
how choosing the right supplier is more critical in the present environment. The report aims to
investigate various aspects between the relationship of the buyers and the suppliers in between
two countries Greek and UK taking account of various risk factors in the supply chain. Features
of the UK and Greek food supply chain has been identified which are involvement of the risk
factors which are related with the policy adopted by local banks, sustainable procurement as well
as buyer and supplier procurement. The research findings in the paper will emphasize the Supply
Chain Management issues in the context of Tesco which is a supermarket in UK.
Supplier Relationship Management for Tesco UK and Greek Suppliers_2

2SUPPLIER RELATIONSHIP MANAGEMENT
Table of Contents
Introduction......................................................................................................................................3
Supply Chain Management..............................................................................................................3
Grocery Business in UK..................................................................................................................4
Fig 2. Supply Chain Network between Tesco UK and Greek suppliers ( Fatima 2017)................6
Factors which can improve the relationship between the vendors and the buyers due to the rapid
shift in the business environment....................................................................................................6
Conclusion.......................................................................................................................................9
Supplier Relationship Management for Tesco UK and Greek Suppliers_3

3SUPPLIER RELATIONSHIP MANAGEMENT
Introduction
The paper will discuss on Tesco’s Supply Chain Management and describe the supplier
relationship management between Tesco and the Greek good suppliers. The report will also find
out the barriers in the vendor – supplier relationship in Supply Chain Management. The
strategies which will be implemented to bridge the gap and stop the conflicts between Tesco UK
and Greek supplier. The report will also recommend the factors which will help the company to
improve the relationship between the vendor and the buyer which is created due to the rapid
shifts in the business environment.
Supply Chain Management
It is defined as the management which is required for the interconnection between
organizations which can be related with each other with various upstream as well as downstream
linkages. The linkages are also between the processes and the procedures which produces value
to the consumers in the form of various services and products. Mollah (2014) also included the
flow of fund as well as information in the supply chain management. Porter was the first person
to add the term value supply chain in supply chain management. Adding value supply means that
each and every activity in the supply chain will be very minutely evaluated as how it can add
value to the supply by increasing or decreasing the cost.
Therefore it can be said that the supply chain management mainly focuses on the supply,
value chain as well as the demands also including the flow of fund and the information. The
demand chain is mainly introduced to measure the demand of the customer. Fulfilment is
represented by the supply chain management whereas performance is represented by the value
chain management (Rafi-Ul-Shan 2018).
Supplier Relationship Management for Tesco UK and Greek Suppliers_4

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