Digital Supply Chain
AS27 - Technology Improving Operations at Ocado -XavsBusiness
By Bizclik Editor
May 19, 2020
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.