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The Food Waste Challenge: Exploring Sustainable Management Strategies for Tesco

   

Added on  2023-04-26

15 Pages3354 Words359 Views
Running head: MANAGEMENT
MANAGEMENT
Name of the student
Name of the university
Author note

1MANAGEMENT
Table of contents
Introduction......................................................................................................................................2
Analysis...........................................................................................................................................3
Discussion of solutions....................................................................................................................8
Conclusion.......................................................................................................................................9
Reference list and bibliography.....................................................................................................10

2MANAGEMENT
Introduction
Increasing amount of food wastage, has become the major concern in the popular retail
organization Tesco (Thegrocer.co.uk, 2019). In a recent article, it has been identified that near
about 27 suppliers of Tesco have revealed that near about 700 tons of foods have been wasted in
the previous year. After the commitment of the CEO of Tesco regarding the food waste
transparency to the global food industry, it has been identified that the food wastage has
increased 0 to 14%, which is the 9.2% of total production (Thegrocer.co.uk, 2019). By
continuing this, it can be said that the food waste of Tesco has reached equivalent to 119 million
of meals in the year 2018 (Theguardian.com, 2019). Due to increasing food wastage, Tesco has
become the supermarket giant in the current situation.
As stated by Martorell and Andrée (2018), it cannot be denied that it is the only
supermarket chain, which declares to disclose the data of food wastage, however, the rate of food
wastage is gradually increasing from the year 2015. In the year 2015, near about 4% of the food
wastage has been increased from the beverage products (Theguardian.com, 2019). In order to
bring the food sustainability initiatives, the company has tried to introduce various legislations
and also focused on improving the supply chain. However, the food waste data is showing the
negative ranges. The data transparency program has been introduced by the CEO of Tesco so
that the company can focus on contributing more towards improving the supply chain and others
operational activities. Due to inefficiency in case of tackling the food wastage, not only the
sustainability issue has been aroused, but also it has driven the negative impact on the financial
stability of the company (MacRae et al., 2016).

3MANAGEMENT
The purpose of this study is to shed light on the emerging problem faced by Tesco and its
impact on its business performance. By highlighting the theoretical aspects of sustainability,
ethical issues, competitiveness and values, the study has critically shown the link between the
theories and the emerging issues. After analyzing the issue, alternative strategies have been
introduced based on the issue, by highlighting both the positive and negative impact of this. At
the end of this study, final recommendation has been provided.
Analysis
Managerial Leadership: Rendanheyi Model
In the Rendanheyi Model, the huge value for the customers, enterprise and employees are
being created (Corporate-rebels.com, 2019). Through this theory, Haier has tried to shed light on
the vitality of venture enterprises in the internet. It is true that due to internet era, the
management and organizational models have got disrupted. In this case, the necessity for
exploring the new management model so that the revolution can be introduced in the industry.
Rendanheyi is being considered as the platform which is made up with the bindle of management
practices. Depending on the new management theory, innovation in the management practices
has been introduced. Analyzing the issue faced by Tesco, it can be said that, due to lack of
operational initiatives, the supply chain process has become the major cause behind increasing
amount of food wastage. In this situation, it has become necessary for the organization to
introduce an innovative management model for bringing the positive growth.
Porters Shared Value
Michel E Porter is being considered as the leading authority of competitive strategy. By
highlighting the value management strategy, the application of competitive principles have been

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