6 June, 2012
Tesco launches a new online portal for suppliers
Thousands of suppliers will now have more visibility around customer buying habits and promotional activity with a brand new innovative web portal launched by Tesco.
Designed specifically for Tesco suppliers, Tesco Connect helps suppliers identify product trends and prepare for upcoming promotions, as well as respond quickly to changes in customer demand. Combining the forecasts with information on how quickly a product is selling ensures much better product availability for customers.
Tony Mitchell, Tesco’s Supply Chain Director commented, “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.”
Suppliers such as Innocent, Nestle and Unilever have been involved in the pilot, which has already delivered measurable benefits; with the number of shortages reduced by more than a third.
The service launches to the first group of suppliers on 31st May.
For more information please contact the Tesco Press Office on 01992 644645
Tesco is the UK's largest retailer and one of the world's leading international retailers. Tesco has around 5,000 stores worldwide, employing over 500,000 people in the 14 countries in which it operates. Our core purpose is to create value for customers to earn their lifetime loyalty. Our success depends on people: the people who shop with us and the people who work with us.
Stay updated with our press releases by registering for our RSS feed or email alerts.
For journalist enquiries only contact the Tesco Media Centre Monday to Friday,
8am to 6:30pm on:
+44(0) 1992 644 645
Out of hours call:
+44(0) 1992 644 733