TESCO has launched a new initiative which will see innovators work to give the supermarket an advantage competitively.
Packaging and robotics and automation are amongst the four priority areas earmarked by the supermarket in the scheme, dubbed Tesco Red Door.
Innovators with new products, ideas or emerging technologies are invited by Tesco to contact its newly established group innovation team. The supermarket said that the team is specifically looking for ideas that can create a ‘true’ competitive advantage for Tesco and improve the way it serves shoppers.
Dave Lewis, chief executive, said, “A strong pipeline of innovation is essential in ensuring we can anticipate and respond to our customers’ needs, and we believe there is an opportunity now to welcome even more innovation into our business, and to do it faster. Our new Group Innovation team will help us to access the most exciting innovators from across the globe. In turn, we can offer those partners a unique opportunity to build and develop their ideas rapidly and at scale, using the benefits of our experience and access to market.”
Claire Lorains, group innovation director, added, “In the short time we’ve been together, our multi-disciplinary team has already built networks in key innovation locations, and seen over 200 innovations. We’re moving quickly, and I’m delighted to see some of the ideas already coming to market. There’s lots more to come, as we work with partners to develop new and disruptive innovations, and we welcome approaches from anyone with an idea to share.”
To contact the team, click here.