AS27 - Technology Improving Operations at Ocado -XavsBusiness
This video highlights the difference in how Ocado's supply chain and logistics works compared to more traditional supermarkets. The online food retail group has recently announced a half-year pre-tax profit of 7.5m for the 24 weeks to 18 May, following a loss last year of 3.8m. Ocado chief executive Tim Steiner said the launch of its tie-up with Morrisons had been "particularly encouraging". Ocado formed a multi-million pound partnership with the UK's fourth largest supermarket last year, which resulted in Morrisons starting its own door-to-door delivery service in January.