Knowledge Management, Technology and E-commerce in Tesco

Knowledge management, technology and e-commerce in Tesco

Introduction
• The business environment has become much more
polarised as well as uncertain
• This is because in today’s world, the business leaders
are experiencing different classical model of
competition.
• The organizations are taking the help of Knowledge
Management, Technology and eCommerce which will
help the business in coming to the forefront.
• In this paper, the benefits of Knowledge Management,
Technology and eCommerce are elaborated in order to
showcase how they are helpful in transforming the
operations of Tesco.

Knowledge Management
• Knowledge management is mainly defined as one of the
systematic managements within the organization’s
knowledge assets
• This is done for the proper purpose of creating proper
value and for meeting the tactical as well as strategic
needs.
• The concept of knowledge management is utilized by the
organization for improving the decision-making procedure
• In addition to this, KM generally helps in enabling and
encouraging sharing of different types of ideas,
collaboration as well as cess to the latest information.

Technology
• Technology generally helps the business in maintaining
proper data flow as well as managing different type of
contracts.
• It generally helps the business for operating quite
effectively with very much minimal manpower for
reducing the cost.
• Furthermore, technology generally helps the business in
understanding the need of the cash flow for properly
preserving the resources.
• It is found that different types of warehouse inventory
technologies generally let the business owners for
understanding the ways for successfully managing the
storage cost.