Tesco never before

Tesco never before

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  Every little helps APresentation by : Apoorv Pandey (ISM Dhanbad ) @ [email protected]
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  Background T E SC O - Founded by Jack Cohen (1910) - Tea was its 1st product - 5830 local stores round the world now
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  Mission statement ofTESCO - 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.
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  TESCO corporate strategy Beganmarketing 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
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  TESCO’s Lean Management Systematicmanagement of waste Japanese say it as
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  UK’s Operations (Stores) 6Formats : differentiated by size and the range of product sold Tesco Extra Tesco Superstores Tesco Metro Tesco Expresso One stop Tesco Home+
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  Star wars forceawakens at TESCO Company’s employee recreational and customer promotional inputs
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  Major Competitors
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  TESCO ANALYSIS Strength Largest supermarketchain 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
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  TESCO ANALYSIS Weakness Lacks experiencein telecom and insurances services Highly dependent on major market of UK High transportation costs Going international more demands and less workforce
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  TESCO ANALYSIS Opportunities Potential ofgrowth overseas Unexplored Asian Markets and going online retail Strategic alliance with other companies
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  TESCO ANALYSIS Threats Mega giantssuch as Wal-Mart and Carrefour Rising raw material cost Taxes fluctuations impact markets Lower growths due to recession hit UK
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  Growth vs Competitors Despitethe recession and decreased sales TESCO still remains the leading retailing company in UK
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  Turnover Graph $m 0 1000 2000 3000 4000 2006 2007 2008 2009 2010 TESCOturnover graph $m
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  SUMMARY Extent to whichTesco'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
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  SUMMARY TESCO before andafter lean solution NOW REALLY WE DO SEE THE EXTENTS
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  SUMMARY Challenges in increasedinternationalization 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
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  TESCO make customershappy faces that’s why loyalty to it still exists
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  If you werethis far probably you just survived one Boring killer presentation THANK YOU