Ways to Improve Supply Chain Relationship and Mitigate Risk

Supply chain
management

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
What are the ways supply chain relationship be improved?........................................................3
How does the organization mitigate the supply chain risk and will reduce the supply chain
cost?.............................................................................................................................................5
What is the organization doing to improve supply chain sustainability......................................7
CONCLUSION................................................................................................................................9
REFERENCES................................................................................................................................9

INTRODUCTION
The supply chain management is related to the management of the movement of the goods and
services and this includes all the procedures that transforms the raw resources into the final
goods. This involves the active streamlining of the business of the supply chain activities to
maximize the customers and the value to gain the competitive benefit within the market. The
supply chain management is look after all the processes that interrelate the suppliers to work that
is efficiently together to move the product from the generation of the customers, that is taking
into the account of the supply that demand along the way (Choi, 2019). The supply chain that
includes the producers, vendors, warehouse and the transportation companies, distribution
centres as well as the retailers. Now, in the context of the report the company Tesco, efficient
supply chain strategies for the large businesses. Apart from this, analyse the impact of the
logistic and the supply chain investment.
MAIN BODY
What are the ways supply chain relationship be improved?
The supply chain management is related to the energetic management of the supply chain
activities to enhance the customers value in order to attain the sustainable competitive benefit.
This represents the conscious effort by the supply chain in the order of the development of the
firm in order to run the supply chain within the most effective and the efficient way as possible
(Garcia-Buendia, and et.,al2021). The supply chain activities are covering the everything from
the development of the products, sourcing, production as well as the logistic. The information
system that is needed to co-ordinate these activities. As well as the steps of the supply chain
management can be improved in the following way within the company Tesco
Communication- the supplier of the company Tesco and the owner of the relation without
the good communication is going to be flop. This will be start by analysing the effectiveness of
the communication with the suppliers. That they can answer the emails in the proper way and the
amount of the time. This is capable to know each other simply. Or this is related to the waste of
the valuable time to explaining the same thing again and again.
Reliability- The providers of the Tesco necessity be the dependable. If the contractor is regularly
the shorts of the products and the purchase the orders. As well as they can ship the orders late, or