“Mintec are providing services in the market that nobody else is able to offer.”

tesco

“Mintec are providing services in the market that nobody else is able to offer.”


tesco

 

 

As one of the world’s largest retailers, Tesco's stores stock over 40,000 different products.

Their procurement teams work with tens of thousands of different raw materials which are transported globally every day.

The Challenge

Challenge
As one of the world’s largest retailers, 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 provided a global view across thousands of raw materials - and a support team that could respond immediately to various complex questions.

The Solution

Solution

Tesco identified Mintec as a provider or reliable and independent market intelligence and price analytics for commodities delivered via a sophisticated platform and with quality customer care that no one else in the market matched. Mintec insights have supported the Tesco purchasing team to make informed procurement decisions and plan successful product strategies, in a time and cost-effective manner.

The Benefits

Benefits1

Mintec data has become integral to Tesco’s procurement and product strategies. Through the breadth of data and insight, Mintec supports the Tesco commercial teams (from fresh to frozen and packaging). Instant access to independent prices, and the ability to access a suite of advanced analytics tools has freed up valuable time and resources, enabling the procurement team to focus on their core roles: negotiations, formulating products and supply strategy.

DOWNLOAD CASE STUDY

Tesco

Mintec provides price analytics for commodities to our commercial functions - from frozen to fresh and packaging - with one absolutely critical version of the truth.

 

tesco

PLATFORM

Mintec Analytics

The spend intelligence you need, about the food products you buy, all in one place.

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Find out how Colrupt tracked price movements across a wide range of products which has enabled the procurement team to control its supplier cost better. 

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albertson
tesco
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pepsico_bw
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