Retail giant Tesco has appointed supplier management specialists Eqos to provide a system to manage international sourcing of its own brand and exclusive non-food products.
The new system will bring together, standardise and automate the handling of market research data on trends, design briefs and product proposals from suppliers, as well as allowing new products to be tracked from design to manufacture.
The information will all be held on a single database, generating reports for Tesco managers and suppliers at different stages of the pre-order process. Security systems will control access to different areas of the system.
The system is designed to eliminate duplication of activities and to simplify communications, both internally and between Tesco’s sourcing offices outside the UK and its suppliers.
Implementation is set to start with the Home Shop and men’s Cherokee clothing ranges and is expected to be rolled out across the entire Tesco international sourcing operation.
John Hoerner, chief executive officer for clothing at Tesco, said, “The new system is targeted to cut lead times, allowing us to order earlier or delay buying decisions dependent on changes in the business. It will also support better cost negotiations and provide us with additional flexibility to be more responsive to our customers, especially in fast-changing product areas.”