StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Operations management of Tesco - Essay Example

Comments (0) Cite this document
Summary
This research is being carried out to analyze and present the overall operations of the retail giant Tesco looking at its supply chain, the market position, the performance objective of Tesco, the 4v’s and also the capacity of the stores…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.7% of users find it useful
Operations management of Tesco
Read TextPreview

Extract of sample "Operations management of Tesco"

Download file to see previous pages This paper illustrates that in the UK the largest food retailer is Tesco. It has around 2,318 stores across the world in different locations. In the UK itself, it has around 1,878 stores spread widely across in different parts of the country. Tesco also operates in Asia and Europe. The company headquarters is in Hertfordshire, in the UK. The online website of the company that is Tesco.com is completely owned subsidiary providing complete service through the online service. It also has two other different online platforms tesco.net and also tescodirect.com. Tesco gives its customer the option for both online and offline services. Tesco has both the type of customers external and also internal. The company has over 326,000 employees across all the stores of the company in the whole world. Tesco sells about 40,000 food items in its superstores along with apparels and also other items. It has its own products under three labels which are value, finest and normal. The company gets 50% of sales from its own products. The company has many stores with gas stations. It has become one of the major largest petrol retailers in the country. Tesco also has the service for personal finance as in joint venture with Royal Bank of Scotland. The company has over 3.4 million customers by providing various services, products and also financial services. The market share for grocery companies has grown in a huge way over the years. With the start of online retailing the retail market has taken a new look and the online market store has started to gain a lot of popularity in the market. Research done by Institute of Grocery Distribution (IGD), in the UK has found that the rate at which Tesco is growing is going to increase in the next few years. The growth of the company will increase at a high pace because of its online platforms that have customers to buy products online. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Operations management of Tesco Essay Example | Topics and Well Written Essays - 1750 words - 16”, n.d.)
Operations management of Tesco Essay Example | Topics and Well Written Essays - 1750 words - 16. Retrieved from https://studentshare.org/management/1636840-operations-management
(Operations Management of Tesco Essay Example | Topics and Well Written Essays - 1750 Words - 16)
Operations Management of Tesco Essay Example | Topics and Well Written Essays - 1750 Words - 16. https://studentshare.org/management/1636840-operations-management.
“Operations Management of Tesco Essay Example | Topics and Well Written Essays - 1750 Words - 16”, n.d. https://studentshare.org/management/1636840-operations-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Operations management of Tesco

Business Operations Management By Tesco

...? BUSINESS OPERATIONS AND SYSTEMS By number and of PART BUSINESS OPERATIONS MANAGEMENT BY TESCO: Tesco has been operating in retail industry of UK and has been one of the best UK retailers (Arch, 2010). Increasing competition and changing environment have resulted in putting extra pressure on the retailer to manage the overall operations in effective and efficient manner. In this regard, the most important element is to understand the operations management and the essentials components for effective business operations management (Chase...
12 Pages(3000 words)Essay

TESCO: Human Resource Management

..., the implementation of the reward system at Tesco works to add value to business operations while reinforcing the core purpose, goals, and values. In addition, Tesco remains committed to ensuring that each employee is accommodated, as his or her role is significant to the prosperity of the organisation. The above forms the core of human resource management at Tesco, where employees are highly qualified to deliver quality services to the masses in their respective stores. Over the years, Tesco has been under the guidance of a human resource strategy, which largely contributed to the enormous success compared to the competition. This...
3 Pages(750 words)Article

Resource Management. Tesco PLC

...reporting as well as budgetary procedures with the intention of carefully planning along with reviewing their finances effectively. The modern organisations have been viewed to recognise, measure, analyse and report their various finance related information for ensuring a smooth operations the businesses through rendering developed financial along with budgetary procedures (Miller, 2012). With this concern, this report intends to provide a brief understanding about the sourcing, budgeting procedures and financial reporting requirements of an organisation named Tesco PLC. This particular report would focus on procedures rather than detailed accounts or quantification of the data available relating to the...
8 Pages(2000 words)Essay

Tesco Business Management

...and regulations introduced by the newly elected government in UK has helped the retail sector to strengthen its financial bases by acquiring flexible bail pout plans to overcome the adverse affects of recent financial slump across the globe. The influence of the political system on the retail sector can also be observed in the financing decisions, recruitment and selection procedures, stakeholder relationship management policies and the overall operational activities of the retail business (Hasan, 2012). 3.2. Economic Scenario The fluctuation in the economic progress of UK’s economy has had a deep influence over the growth and business level performance of the retail sector in the country. During the...
9 Pages(2250 words)Book Report/Review

Marketing Management Tesco&Asda

...Mrketing Mngement "Tesco&sd" Introduction Today, with the tremendous growth of the retail market, s are spoiled for choice. With stores vyingfor footfalls, companies have resorted to offering more for less - more quantities, better prices and better services available at the same cost to the consumer. The focus of marketing efforts has also changed today. From merely increasing footfalls, and then focusing on top-line growth, the focus of firms has now changed to customer lifetime value. Customer lifetime value (CLV) is the value the customer generates over the whole period of association with the firm. It considers all the future cash flows of that customer arising from him consuming in the future. Customer relationship...
12 Pages(3000 words)Case Study

Tesco Management

...of the company's philosophy towards customer relations and satisfaction. Human relations management in TESCO: Human relations management is essential for the success of an organisation because it is fundamental in good employee relations. The concept of human relations management became prominent only much later than Tesco started operations. "A new way of thinking gained impetus during the 1930s and 1940s broadly labelled as the human relations management." (Kohn and O'Connell 2005, p.6). TESCO operates in an environment where customer relations are extremely important. Good customer...
19 Pages(4750 words)Case Study

Operations And Operations Management

...Running Head: OPERATING SYSTEM & OPERATION MANAGER OF ORGANISATION One Way Of Considering An Organisation Is As An Operating System Which Converts Resources Into Goods And/Or Services [Writer's Name] [Name of Institute] One Way Of Considering An Organisation Is As An Operating System Which Converts Resources Into Goods And/Or Services Operations And Operations Management - Introduction From the definition given by Bennett Lewis & Oakley (1998, Pg 2-3) Operations management is a practical appearance of management sciences that assists...
14 Pages(3500 words)Essay

Operations Management and Tesco

...Table of Contents Executive Summary 2 Analysis of the 4 V's 3 The Layout, Flow and Use of Process Technologies 4 Evaluation of performance objectives 5 Conclusion 7 Reference 8 Executive Summary Operations management deals with the core processes of a business. It involves the monitoring, control and implementation of job flows that would help the entire business to be executed smoothly. In today's complex business environment, efficient operations management will alone decide the fate of a business. In order to understand the importance of an operations management in a business, a live survey was conducted in a Tesco superstore. The objective of the visit was to visualize the real life execution of work flow and job process... in the...
5 Pages(1250 words)Essay

Operations and Logistics Management of Tesco

...Operations and Logistics Management Introduction The management of operations and logistics generally refers to the harmonization of organisational strategy, business activities and processes to meet the desired long-term goals of the enterprise. In the increasingly competitive twenty-first century world of integrated business procedures, linkages and expansion, application of logistics and operations is vital to the prospects of modern businesses. Using the global retail giant TESCO as a model, this essay discusses the relationship between operations management and corporate strategy, within the context...
11 Pages(2750 words)Term Paper

Operations Management in Tesco Kennington Superstore

...Operations Management in Tesco Kennington Superstore Introduction: Operations Management is an integral part of any organization as it is a way the organizations create and deliver their products and services to the customers. The operation function is one of the three core functions of practically any organization, and includes: marketing and sales function, product/service development function, and the operations function (Slack, et al., 2013). Operations management enables companies to achieve their mission, vision and strategic objectives. Below is presented a report where two...
10 Pages(2500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Operations management of Tesco for FREE!

Contact Us