An open letter to Tesco

Thursday, October 9th, 2014

Hello Tesco

You reported recently that you have agreed an early start for your new Finance Director following the £250m “error” in the accounts.

Sir Richard Broadbent, your Chairman, in an effort to explain the financial difficulties, said recently:

“Things are always unnoticed until they are noticed,”

Some of the problems appear to lay in your treatment of the Supply Chain. Within any Supply Chain lies many inherent risks, often unnoticed until it is too late. Corporate governance would seek to identify these risks, assess the probability of them being realised and the likely impact.

Then, mitigation strategies can be implemented. At the heart of Supply Chain risk should be Buying/Commercial Management, providing they have the methodology and expertise to do so.

However, starting with a blank piece of paper trying to identify all risks is not an easy exercise.

In over thirty years’ research, we have identified in excess of 400 risks relating to procurement activities. These have been developed into our Procurisk® Software solution and here is where I believe I can help you.

I can offer you, FREE of charge, as a starter, that you can assess your approach to managing these against robust standard techniques. Following completion of the assessment you will be given suggested actions to follow to manage a reduction in your risk exposure.

I do hope you will be able to take advantage of this offer. I am convinced you will find it beneficial.
Please give me a call on 01744 20698 or email me 



PS This Offer Cannot be Combined with any Other Offers…but is also available to anyone outwith Tesco :)

Access is easy: go to Procurisk and click “Try for Free”


1. Ignore the price (it is no charge to you for this trial) and click the green button “Add to Cart”
2. Then press the green button “View Basket” (top right hand corner of screen)
3. Press “Checkout” then follow instructions to create an account and confirm order (at no charge!)
4.  And that’s it! Review “Introduction to Procurement Risk” assessments