Improving Supply Chain Management at Tesco

Supply chain management

Table of Content
INTRODUCTION................................................................................................................................3
Analysing critical issues and problems emerging in supply chain .................................................3
Managing of issues and resonance by company .............................................................................5
Recommendations by which company can improve supply chain management.............................7
CONCLUSION ...................................................................................................................................9
REFRENCES.....................................................................................................................................10

INTRODUCTION
Supply chain management can be understood as flow of goods and services, which includes
procedures to transform raw materials into final products for customers. SCM maximizes customer
value for pertaining competitive advantage in supply chain, to yield on varied revenue benchmarks
and for evolving towards best quality scenarios. In today’s competitive retail industry SCM has
been dynamically growing towards new aspects related to customers, transportation, and
warehousing along with inventory management. For this report, Tesco has been taken as case
scenario which is leading retail brand having wide number of stores globally serving customers with
best quality products. Research will be done on critical issues and problems emerging in company
which will be analysed based on further diverse future opportunities, within supply chain
management. Further research will be analysing respondance by company towards identified issues
and assessment of best models, concepts for attaining supply chain management efficacy
benchmarks.
Analysing critical issues and problems emerging in supply chain
Tesco being one of the best prominent retail brand with increasing competition has been
facing critical issues and problems, emerging in supply chain where activities among customer
services have been reducing efficiency. Leaders at company must determine new supply chain goals
encompassing measures where executing best resources to articulate best overall purposes, scope is
essential for effective varied supply chain. Issues of supply chain bring on varied range of
complications among business scenarios for impacting productive diversity, and effective global
market reach functionally. Supply chain structure involves inventory control, policy and
information sharing along with customer demand parameters where optimum resource planning
within supply force must be reached.There are various critical issues, faced by organisation in fast
pacing competitive world where following critical issues are emerged in supply chain (Garcia-

Biennia, Moya no-Fuentes and Maqueira-Marín, 2021).
 Risk management: Due to constant change coming in business environment variety of
sources in consumer demandsand global outsourcing causes major issues in operations. Risk
management is widely impacting aspect where Tesco needs to revive operational efficiency
and develop strignent focus for removing disruptions. Cost factor also comes in within this
domain where risk management impacts company goodwill on wider domains, effective
functional synergies advanced transportation should be wroked on Risk management has
been also evolving as widely essential aspect, where best supply chain tools need to be
implemented effectively within longer time frame for attaining targets.
 Fast competitive markets: Supply chain aspects within Tesco also faces challenges due to
fast competitive markets, where various new brands are entering retail industry with large
range of quality products,services. This includes warehousing facilities, customer services
and transportation to be enhanced on varied domains towards innovative business goals
Unforeseen delays must be avoided actively, where best resources must be implemented in
fundamental supply chain for keeping up with benchmarks of global revenue targets. Tesco
with fast evocative supply range in products supply among supermarkets, also needs to hire
qualified personal with foresighted advancement and experience is essential. (Six Top
Supply-Chain Strategies for 2020, 2020).
 Increased costs of supply Chain: Tesco also faces challenge of increased costs in supply
chain within management, where dynamic fundamental flow of innovation demanded
among customers impact supply chain. This can be understood as essential aspect where
varied range of advanced supply chain tools, considerable percentage of sales price within
products and services impact overall costs. Supply chain costs are quite complex to be
analysed, where cost reduction in one area of operation can directly result in cost hike for
customers. It becomes essential for manufacturers to evaluate supply chain and impact of
cutting costs in single area on rest value aspects, heading on productive diversity goals.
 Complexity factor within Quality customer service: Supply chain management is
centralized needs of customers where it is about giving best quality productive services, at
proper right quantity. Perfect time setting supply management, enhances customer’s
satisfaction profoundly on diverse domains , where with high range of competition there are
new scale advancement coming on among preferences. Transportation of goods among
stores must be in speculated time periods, where advanced scale resource planning should be
used, for customers goodwill targets. In fast pacing competitive global world, quality
customer services with best strategic vision comes in as challenge impacting wide range of