Tesco unveils online portal for suppliers
Tesco has unveiled a web portal for suppliers, letting them identify product trends and prepare for upcoming promotions.
The service, Tesco Connect, lets suppliers see customer buying habits and allows them to use this to respond quickly to changes in customer demand.
Tony Mitchell, Tesco’s supply chain director, said: “We are always looking for new ways to improve the service for customers and the information and insight shared through Tesco Connect comes from several years of development and technical innovation.
“We’ve already had some fantastic feedback from the suppliers who have worked with us on the new portal. Many of them have told us that the forecast data has begun to change the way they work and will help re-focus their efforts.”
Innocent, Nestle and Unilever were amongst the companies piloting the system, with the number of shortages reduced by more than a third.