logo

ASSIGNMENT ON BUSINESS LOGISTICS & NEGOTIATIONS.

   

Added on  2022-08-26

11 Pages3128 Words16 Views
Running Head: BUSINESS LOGISTICS & NEGOTIATIONS
0
BUSINESS LOGISTICS & NEGOTIATIONS

Running Head: BUSINESS LOGISTICS & NEGOTIATIONS
1
Table of Contents
Background information and market outlook..................................................................................2
Supply chain & logistics management............................................................................................2
Challenges in implementation.........................................................................................................4
Evaluation of the role of RFID........................................................................................................5
Sustainable (green) logistics............................................................................................................7
Conclusion.......................................................................................................................................8
Bibliography....................................................................................................................................9

Running Head: BUSINESS LOGISTICS & NEGOTIATIONS
2
Background information and market outlook
Tesco is known as the biggest retailer in British nations. It is also a third-largest retailer of
grocery at a global level. It has stores across the USA, Europe, and Asia. In 1919, Jack Cohen
established the business. The company was started by selling groceries from a stall in London.
First-day sales were £4 including a profit of £1. The organization has opened its first outlet in
North London in 1929. It has expanded the business by a combination of purchasing the new
outlets, retail services, and adopting the requirements of customers. The primary objective of the
organization is to serve the customers. It keeps the existing customers happy which is important
as most of them likely to return. It is the most effective for business compare to acquiring new
ones. There are more than 2200 stores of Tesco (Eventery, 2020).
The organization's manufactured a variety of grocery and common products have expanded to
include insurance and banking services, electrical goods services like airtime and telephone
equipment. It moves to one-stop shopping that present customers have the choice to meet all
purchasing requirements from one place. It has increased the customer’s base by its website
known as Tesco.com that attracts more than one million users regularly. The organization has
announced its market update and forecasts look fairly subdued with the rise of 18% in profit is
expected within the upcoming year. The average growth for the last five years was 39% (Tesco,
2020). The further following discussion will analyze the supply chain and logistics management
system, challenges to implement the supply chain management system, evaluation of the radio
frequency identification for an outlet and how it embeds green logistics within the forward and
reverse supply chain.
Logistics and supply chain management
Supply chain management is known as the incorporation of business processes from the last user
to an original supplier which delivers products, amenities, and info that enhance the value for
consumers and further stakeholders. It presents the information flow from customers that ensure
the requirements and organization considered them to tailor the product and meet the particular
requirements of customers. This helps the business to meet the demand of customers as a focus
on it by managing activities (Winter, and Knemeyer, 2013).

Running Head: BUSINESS LOGISTICS & NEGOTIATIONS
3
Supply chain management of Tesco is based on the supplier, manufacturers, and distributors'
vertical integration. This helps to ensure maximum control over the supply chain procedure. The
process of the product is conveyed to the central distribution center that sees the final product
then shipped by the use of the Tesco distribution system to supermarkets around the UK. Tesco
supply chain strategy management ensures that supplied products within the supermarket area
are reflective of the particular requirements of the customer.
There are thousands of products available within the Tesco and most of the goods have an expiry
date like foods, drinks, and so on. This is impossible to note all the products expiry dates at this
time supply chain management of the organization helps to overcome from the issue as it helps
an organization to integrate the stock system with suppliers and know the products expiry date
and supplied respectively and promote the actions to improve the level of efficiency to serve the
customers appropriately (Saenz, et al., 2015).
Logistics management is recognized as the component of the supply chain management that is
effective to meet the demands of customers by planning, control, and application of the operative
movement and related information storage, products and services, from the source to destination.
Logistics management of the organization is regularly replenishment policies that allow entailing
the system flow and make many deliveries. The organization has an effective logistics
management system. This organization uses the trains to transport goods from the organization's
central depot to distribution outlets and centers and products from the suppliers are transported.
It has developed a partnership with direct rail services. It also uses the shipping, air travel for
international and national centers, and vans regarding the home delivery.
Tesco also uses the detailed logistics strategy and warehousing methods for goods stored within
the room temperature. Warehouse of the organization are known as regional ambient allocation
centers and used to stock groceries. It uses bonded warehousing and is used for products that are
distributed at the regional level. Tesco uses the technical inventions in the process of packaging
and breakthroughs which include the innovation of new material used within the fresh product
packaging to improve the shelf life. Facilities are known as the main supply chain management
contributor and it uses the methods to have a good impact on performance (Flint, et al., 2012).

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Integrated Logistics in Woolworths
|7
|2013
|3

Supply Chain Management in Tesco: Challenges, RFID Technology, and Sustainable Logistics
|10
|3164
|2

Global Supply Chain Management & Logistics - Impact on Tesco's Performance
|11
|3360
|169

Global Supply Chain Management
|21
|6201
|375

Integrated Logistics Management for Coles Supermarket in Australia
|5
|828
|307

Tesco's Operational and Service Management: Practices, Consequences, and Technology Usage
|10
|3019
|239