Tesco

As one of the world’s largest retailers, Tesco stores stock over 40,000 different products. Their procurement teams work with tens of thousands of different raw materials which must be transported globally each and every day. The Tesco commercial teams did not have the necessary time resources or internal ability to fulfil their own market intelligence needs in pursuit of providing customers with the best quality products at competitive prices. They needed an organisation they could speak to on a regular basis, a system that regarded several different global markets and several different raw materials, and a support team that could respond immediately to various complex questions.

Tesco identified Expana as a provider of this service that no one else in the market offered. It is Expana insight that has supported the Tesco purchasing team to make informed procurement decisions and plan successful product strategies.

Expana data has become an integral part of Tesco’s procurement and product strategies. It is the breadth of data and access to insight Expana provide that support the Tesco commercial teams and free up valuable time resources so they can focus on their core roles – negotiations, formulating products and supply strategy. As the principal independent negotiating standard for European supply chain professionals, Former Senior Buying Manager, Sam Pearl, also notes that Expana provides all their commercial functions, whether that be frozen, fresh or packaging with “one version of the truth, which is absolutely critical”.