Value Chain Model for Tesco: Analyzing the Internal Environment

Essay value chain word

Table of Contents
INTRODUCTION...........................................................................................................................3
Value chain model...........................................................................................................................3
Business operation of Tesco............................................................................................................4
Value chain model to examine the internal environment of Tesco:................................................5
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................8
.........................................................................................................................................................9

INTRODUCTION
A value chain is the set of activities which the firm operates in order to deliver products
and services to the consumer (Barrett and et., al., 2019). This is essential for organization to
create a value chain as it help in improving the efficiency as well as maintaining the demand and
supply in the well define manner. The present report is based upon Tesco which deals in the
retail sector and provide household service top the consumer. This was given by the porters
which consist of primary activities which support the activities in the company. For using this
system the main motive is to optimize the value chain to improve the quality of the product and
services. This tool allow managers to identify the value to the business and its opportunities
present in the market.
Value chain model
The value chain model was given by Michael porters in 1985 which is one of the most
value concept in today market because it describe the value chain in the detail manner about its
product and service which are related to the operational activities. This is made by the subsystem
with each input as this help in transformation and process which involve money, labour, material
and equipment. There are different activities which involves which are explained in detail
manner.
Inbound logistic: are involve relationship with the suppliers and include all the resources
which are revived in the store. So in the context of Tesco the firm must make sure about the
inventory as this will help to improve the efficiency of the organisation.
Operations: These are the activities which require to transform inputs and outputs to
provide sales and services to the end user. This is important for the organisation like Tesco to
have effective operation as it result in maintaining the demand and supply present in the market.
Outbound logistic: This is the step which involves all the activities which require to
collect, store and distribute the output. Tesco management should use new technology as track
the activities of outbound logistic. As it will ensure the flow of product and services in the well
define manner.
Marketing and sales: These department are the essential elements present in the
organisation and Tesco staff must ensure that they develop effective marketing strategies which
help them to attract more and more customers along with it help in improving the sales
performance on the company.