Supply Chain Management and its Impact on Tesco's Business

SUPPLY CHAIN
MANAGEMENT
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Table of Contents
Introduction......................................................................................................................................3
Supply chain relationships...............................................................................................................3
Types of supply chain relationships.......................................................................................3
How integrated or collaborative these supply chain relationships and do they employ IT
system to aid integration and collaboration............................................................................4
.Describe ways in which supply chain relationship can be improve......................................4
Supply information system..............................................................................................................5
How have modern information system aided supply chain visibility in business..................5
Impact of logistic and supply chain on ROI...........................................................................5
Procurement and outsourcing..........................................................................................................6
How Tesco procurement strategy mitigates supply risk.........................................................6
Tesco outsourcing in terms of competence and competition.................................................6
Sustainability....................................................................................................................................7
supply chain sustainability.....................................................................................................7
“Reverse logistics”.................................................................................................................7
Conclusion and recommendation.....................................................................................................8
References........................................................................................................................................9
Books and referrals.................................................................................................................9
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Introduction
Supply chain management helps in transforming the raw material into finished duties
with the goal that best services can be given to the buyers. It is significant as it helps in
developing the efficiency of the business so income generating capacity of the business can be
expanded. If the business will enhancing the services then it can affect the demand of the
company in the marketplace due to which revenue of the business will get increased in the
economy. For maintaining the services of the business it is important for the business to increase
it profit in the marketplace. The main objective of every organisation is to increase its goodwill
in the market so that growth chances of the business can be increased. Tesco is the leading
retailer company in UK which was developed by John Cohen in 1919 it helps in providing the
unique quality of retail goods to the customers due to which its customers loyalty is more in the
economy as compared to other business Tesco has maintained healthy relation with the supplier
so that its productivity can be upgraded and more benefit can be procured In this report it will be
observed that how supply chain management helps in increasing the goodwill of the business in
the economy (Muñoz-Torres, 2021).
Supply chain relationships
Types of supply chain relationships
Tesco is best relating company in UK due to services which it provide to the buyers it
maintain healthy supply chain management in the business so that affected. Suppliers helps in
enhancing the services of the company so that its functioning cannot get affected in the
marketplace. if the business will provide unique services to the customers then it will helps in
increasing the demand of the company in the economy.
Manufactures: They helps in business in providing the best of goods and services so that
they can improve their productivity in the market. Tesco has good relationship with the
manufactures due to which it is famous for the services which it provide to the customers if the
company will not develop healthy relationship with the manufacturer then it can affect the profit
of the company because they will not be able to provide better services of the customers as per
their demand.
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