Background of the study:
Tesco PLC is the third largest retailer company in the world by the profit margin and they are well known for the grocery and the merchandise activities. The headquartered of the Tesco is in the UK. They are increasing their image in the market through their efficient supply chain management. They want further improvement in this sector (Chiron, 2011). Supply chain is the systematic and organized way of delivering the product or service from the supplier or the manufacturer to the final customer where the raw material become finished product to met the customer demand and need. Mainly supply chain activities are the summation of the transformation of the raw elements or the buying products for further sale to the finished product involving the organization, people, activities, and the resources and the delivering the product to the desired customer (Chopra, 2014). Buying, selling, management and processing all are the part of the Tesco Company and also the supply chain section. Supply chain management is the collection and the interrelation of the several departments that help the organization to be specialized and efficient. The interrelation is the basic process of continuing the information through the company.
Plan of the improvement in supply chain of Tesco Company:
For the further development of the Tesco the company is trying to get the plan about the supply chains as the dynamic and changing environment of the business force the company to be modernized and flexible. There are so many interrelated side of the supply chain and the plan is also very critical and complicated
Information processing:
All the departments of the Tesco Company will have the common information about the supply chain of this company so that they can be aware about their activities and goal.
Benchmark pointing:
The company will decide the benchmark