Case Study: Tesco achieves better procurement decisions with Mintec

How Mintec helped this retail giant optimize their category management processes in order to continue providing their customers with high-quality, competitively priced products

Tesco PLC, one of the world’s largest retailers, needed a better way to support procurement decisions across thousands of products and raw materials sourced globally. Its commercial teams lacked the time and internal resources to conduct the market intelligence they needed to deliver competitive prices and informed product strategies, so they turned to Mintec’s market intelligence and analytics service.

Mintec provided Tesco with independent pricing data, insight tools, and support across multiple global markets, giving the business “one version of the truth” for negotiations and supply planning. As a result, Tesco was able to free up valuable time, strengthen procurement and product strategies, manage risk more effectively, and make more informed purchasing decisions; the case study highlights access to over 14,000 global prices and intelligence tools as a core benefit.

Tesco

Sam Pearl

Former Senior Buying Manager