Tesco Logistics and Operations Management

Logistics: that part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from the point-of-origin to the point-of-consumption in order to meet customers’ requirements (CLM, 1999).

Nowadays Tesco is the second largest retailer in the world measured by profits. Also it is the third largest retailer in the world measured by revenues. Also Tesco’s strengths are increasing market share, wide food and non-food choice, insurance, online retailing, and its high quality and low price own-brand products. Tesco is a Public Limited Company. This business is owned by more than one or a group of people - shareholders. Shareholders are usually a group of people or an organization that owns shares in a business. Also Tesco owns around 6,351 stores worldwide in 14 countries.

Operation Management is the study of how people organize themselves for productive enterprise .In order to be effective and efficient, an operation manager must possess a series of attitudes and skills to push his/her company forward to reach goals and objectives. Operation management consists of the four functions, that is, planning, organizing ,controlling and leading. These functions help in the analysis of the activities done by the organization.

Operations Management focuses on the design and management of products, processes, services and supply chains (Diemond, 2014). It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want (Diemond 2014). Operations Management consists of many topics which are applied on a daily basis at the company I work for. Some of the topics include process control, lean manufacturing, six sigma, and supply chain management. It is the process that controls how inputs (raw materials, labor, and energy) get converted into outputs (finished goods or services).

TESCO is a company that was founded in 1919 by JACK COHEN. It is presented usually as a big international retailer which is based essentially in Great Britain but also in China,

Tesco PLC is a British multinational grocery, and general merchandise retailer headquartered in Cheshunt, Hertfordshire, England, United Kingdom, that was founded in 1919 by Jack Cohen .It is the third largest retailer in the world measured by profits and second-largest retailer in the world measured by revenues. It has stores in 12 countries across Asia and Europe and is the grocery market leader in the UK (where it has a market share of around 28.4%), Ireland, Hungary, Thailand and Malaysia.

The role of operations management is vital in planning and managing the way that inputs for the business are transformed. Ultimately, operations management is trying to achieve a competitive advantage for their organisation through improved efficiencies, product quality, reduction of cost and product differentiation.

Tesco PLC is a Public Limited Company, founded by Jack Cohen and headquartered in Cheshunt, in the United Kingdom, that operates as a grocery retailer. It is a well established business and it earns good profits. The company produces goods, supplies goods, and offers services to customers. Tesco PLC primarily offer food, groceries, clothing and general merchandise, and it also supplies retail banking, insurance and financial services. Tesco PLC is engage in distribution, sourcing, data analysis, telecommunications, property operations and online entertainment. The business runs in the United Kingdom, China, India, Malaysia, South Korea, Thailand, the Czech Republic, Hungary, the Republic of Ireland, Poland, Slovakia and Turkey. Customers are served approximately 7,300 stores in 12 markets, also through the Internet.

Tesco plc is a global grocery and general merchandising retailer headquartered in Cheshunt, United Kingdom. It is the second-largest retailer in the world measured by profits. It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK (where it has a market share of around 30%), Malaysia and Thailand.

Tesco is a British muitinational grocery and general merchandising retail chain , headquartered in Hertfordshire, England , United Kingdom. Currently, it is third-largest retailer in the world and largest British retailer by both global and local sales. The total revenue in 2009 was about 60 billion £. The number of employees is more the 500,000 and over 4,000 stores. Tesco is listed on London Stock Exchange.

Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Today, Tesco headquarters is located in Cheshunt, Hertfordshire, and the company is one of the UK’s prominent retailers, it currently operates in 12 countries around the world, and employs over 530,000 people, serving tens of millions of customers every week. Dave Lewis became group chief executive of Tesco on September 1st 2014. In his previous professions he has been responsible for a number of business turnarounds, such as Home and Personal Care Central, and Unilever UK/Ireland. (Tesco plc, 2014).

Operations management is in regard to all operations within the organization responsible for creating goods and services that organizations pass to their customers. This function is at the heart of all organizations, giving the means of achieving their aims and reason for their existence. These activities include: managing purchases, inventory control, quality control, storage and logistics. A great deal of focus in operations is on efficiency and effectiveness of such a process.

Operations management can be defined as managing the available resources in the best possible way that are dedicated to the production process and to have highest level of efficiency in an organization. Operations managers are the people who are responsible for managing the resources and that guide the system by decision making. The operations function of an organization is responsible for understanding customer demands and fulfil their needs through the delivery of products and services.

Tesco PLC is a British multinational basic need and general stock retailer board in Cheshunt, Hertfordshire, England, United Kingdom. It is the third biggest retailer on the planet measured by profits and second-biggest retailer on the planet measured by incomes. It has stores in 12 nations crosswise over Asia and Europe and is the basic supply advertise pioneer in the UK (where it has a piece of the overall industry of throughout 28.4%), Ireland, Hungary, Malaysia, and Thailand.

Operations management is generally described as the planning, arrangement, and control of activities that change raw materials or an organization's input into finished products and services. The overall activities covered by operations management include the creation, development, manufacture, and distribution of products. The concept also relates to various activities such as inventory control, controlling purchases, quality control, logistics, storage, and evaluation ("Operations Management in McDonalds", n.d.). Since operations management covers the entire operations in an organization, it mainly focuses on the efficiency and effectiveness of the firm's processes.