Thursday, September 12, 2019
All of Tesco Case Study Example | Topics and Well Written Essays - 1500 words
All of Tesco - Case Study Example Of late the retail chain has entered into housing market. Tesco (2007): Tesco Stores has a strong corporate image which helps the organization to have a competitive advantage over the other players in the field. According to latest research, the supermarket chain has investments in many other businesses, such as property management, a cloth branding line which has led to the success of the company. The company is also accredited with the best marketing network that have made the company to do well nationally and international, this is achieved by exporting products to other countries such as Germany and south Korea. The company also boosts of a large branch network has enabled it to capture a large clientele base. In order to sustain such a market the Tesco has clear procurements and inbound logistics that it has put in place which it uses to ensure that its services are well delivered. Tesco (2007): Like any other marketing decision, choosing a channel supplier require a lot of thoughts and vast research in order to determine who can qualify to supply the company's products more effectively and efficiently in a way that it will meet the company's production objectives and overall procurement targets. ... Credit & financial condition Financial stability is very important in ensuring success level of any business organization, companies with financial power have an advantage when it comes to supplying because their have ability to expand their volume in relation to increased demands of the Tesco or they can easily acquire new technology to and value to their products. Tesco looks for a supplier with sound financial and credit management so that he can easily supply products without financial hindrance. Sound credit management will allow a supplier to receive some credit facilities from different financial institutions which is vital in running supplier enterprise. At the same time shareholders and other stakeholders will only have confidence in a supplier with sound financial and credit management. (Louis, et al, 2006) Production Strength Louis et al (2006) states that a supplier will only be effective if he can easily and effectively supply goods or service from to a client consequently, before selecting a supplier, Tesco have to ensure that the supplier member can easily and efficiently supplier the required materials to the company without due delays. The level of supplying and coverage of the supplier is considered to know how effective it is. Product Lines, The type of the product will definitely dictate the kind of supplier to recruit. As pertaining the supplier for Tesco supermarket chain, the supplier will have to be able to supply a large number of various products that the supermarket deals in. at the same time, Tesco chooses a supplier who has all the relevant certifications of the product safety measures which are required by the different concerned bodies to ensure that it gets what is safe. (Ruffian et al, 2000) How the
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