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Background
T E S C O - Founded by Jack Cohen (1910) - Tea was its 1st product - 5830 local stores round the world now
Mission statement of TESCO- Creating values for customers and earning their
lifetime loyality
Vision for TESCO - For it to be the most customer, community, shareholders, committed and loyal staff valued innovative and winning company.
TESCO corporate strategy
Began marketing using phrases as “The Tesco way” emphasizing company ‘s core purposes, values & goal
Expansion to internationally as well as domestically
Extensive use of innovative technology and adopted the principles of TOYOTA’s 2 production system
TESCO’s Lean Management
Systematic management of waste Japanese say it as
UK’s Operations (Stores)
6 Formats : differentiated by size and the range of product sold
Tesco Extra Tesco Superstores Tesco Metro Tesco Expresso One stop Tesco Home+
Star wars force awakens at TESCO
Company’s employee recreational and customer promotional inputs
Stores insight
Major Competitors
TESCO ANALYSIS
StrengthLargest supermarket chain in UK
Strong brand name and financial power
3rd Largest retailer after Wal-Mart and Carrefour
International in 13 countires
With innovative and extensive use of technology
TESCO ANALYSIS
WeaknessLacks experience in telecom and insurances services
Highly dependent on major market of UK
High transportation costs
Going international more demands and less workforce
TESCO ANALYSIS
OpportunitiesPotential of growth overseas
Unexplored Asian Markets and going online retail
Strategic alliance with other companies
TESCO ANALYSIS
ThreatsMega giants such as Wal-Mart and Carrefour
Rising raw material cost
Taxes fluctuations impact markets
Lower growths due to recession hit UK
Growth vs Competitors
Despite the recession and decreased sales TESCO still remains the leading retailing company in UK
Turnover Graph
2006 2007 2008 2009 2010
0
500
1000
1500
2000
2500
3000
3500 TESCO turnover graph
$m
SUMMARY Extent to which Tesco's can supply chain practices be said as lean
principles
Extremely successful company, major parts of it due to its distribution network
Applied policies were effective helped reducing inventory costs and improved scheduling with better distribution of goods and services all round the world
Timely implementation f these strategies gave them an edge another quality of leans principles
SUMMARYTESCO before and after lean solution
NOW REALLY WE DO SEE THE EXTENTS
SUMMARYChallenges in increased internationalization of both its markets and
suppliers
Tesco seem to develop different solutions for diversity
Primary distribution has loopholes, which Tesco has considered timely
Taking the pains of loses, but still not letting its services in any downfall
Behind scenes enhancement takes place in all sectors
TESCO make customers happy faces that’s why loyalty to it still exists
If you were this far probably you just survived one Boring killer presentation
THANK YOU
