Q1 what benefits does Tesco’s information exchange offer to the retailer and its suppliers?
For the suppliers who join the Tesco’s information exchange (Tie) can access the tie web site and view daily electronic point-of-sale data from Tesco stores. In addition, they have a more clear understanding of their specific products lines and get more details of actual store demand, depot stockholdings and weekly sale forecasts. Consequently, they can manage the supplying better and reduce the inventory. At the same time, the retailers get benefit when suppliers improve their service. Thus, the better two-way collaboration can be built between retailers and suppliers.
Q2 what differences have the use of the TIE added over the original EDI system?
1. EDI is one-way collaboration, Tesco can order goods from suppliers according to the information on suppliers’ web site.
TIE is two-way collaboration, which allows suppliers can access the data of the retailer. This change is not only help suppliers predict demand and reduce inventory, but also a combination of retailing knowledge and product knowledge of suppliers.
2. The management of promotion can be done well between supplier and retailer by TIE, as the shared data can support collaborate decisions during the process of data analysing.
Q3 Discuss why only 2 of Tesco’s suppliers have fundamentally altered the way they work as a result of TIE.
Generally, one supplier not only supply to one retailer, the Tie module is not adopted in all retailers which supplied by that supplier. Therefore, they can fundamentally change the way they work.
kind of as same as my program~~~ a little bit
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