Supply Chain Management: Enhancing Relationships, Managing Risks, and Improving Sustainability

Supply Chain
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Supply chain relationships..........................................................................................................1
Supply information system.........................................................................................................2
Procurement and Outsourcing.....................................................................................................3
Sustainability...............................................................................................................................5
CONCLUSION & RECOMMENDATION....................................................................................6
REFERENCES................................................................................................................................8

INTRODUCTION
Supply chain management is referred as a management of flow of product as well as services
along with it includes different processes which could transformation raw materials into final
products. Supply chain management generally consists of present streamlining of business's
supply side operations in order to maximizing their customer value as well as gaining
competitive benefits in marketplace. Supply chain management presents and effort by their
suppliers in order to design or implement supply chain which are efficient as well as economical
in their possible manner. Supply chain management general covers every element from
production to its product enhancement in order to have information system which is required to
direct various undertakings. supply chain management is associated on various ideas which
every product that launches into market results from efforts of different companies could make
up supply chain (Evans and Mason,2018). This report is based on supply chain management of
Tesco which is a British multinational general merchandise as well as groceries retail company.
This report includes various ways that could be used to enhance supply chain relationship, how
does company mitigate supply chain risk along with reducing supply chain cost, various ways
that are carried by company to improve supply chain sustainability along with its conclusion.
MAIN BODY
Supply chain relationships.
As per the viewpoint of David Smith and Leigh Sparks, 2020, Supply chain relationship is an
element in which customers as well as suppliers are get connected in different ways which
allows them to have exchange of information, visibility of their status along with demanding
information and data (Chang, Chen and Lu, 2019). Supply chain relationship is an important
element that could be improved on regular basis by companies so that their supplier relationships
could be maintained effectively in order to sustain in market for longer run. There are different
ways that could be used by companies in order to enhance their supply chain relationship for
maintaining their effectiveness in corporate markets. In terms of Tesco as being a retail company
various ways that could be used by company in order to enhance their supply chain relationships
that are as follows:
 Constantly reviewing performance as well as deliverables: As by having continuously
reviewing performance of suppliers directly promotes accountability in company as well
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