Tesco launches new online supplier portal
The supermarket said the Tesco Connect portal will help suppliers to identify product trends, prepare for upcoming promotions, and assist them in responding 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."
Suppliers such as Innocent, Nestle and Unilever were involved in a pilot of the portal which Tesco said delivered measurable benefits including reducing the number of shortages by more than a third.
Mitchell added: "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."
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