Asda to make supply chain savings of £50m by 2020

ASDA has announced plans to roll out its Sustain & Save Exchange scheme with the aim of helping its suppliers save a total of £50m by 2020.

Previously only available to businesses providing fresh, chilled and frozen products, it has now been extended to all Asda’s food and drinks suppliers.

The Leeds-based retailer launched the Sustain & Save Exchange in 2012, which gives suppliers to the supermarket access to an online forum with ideas on how to improve resource efficiency in their supply chains and access to a range of best practice workshops.

More than 1,200 members have improved operational efficiency using the Sustain & Save Exchange, collectively saving and investing more than £21m, Asda says.

Andrew Moore, chief merchandising officer at Asda, said: “The aim of the Asda Sustain & Save Exchange programme is all about collaboration with our suppliers to create a world class supply base – learning from each other to increase efficiencies and building resilience to the growing challenges of resource scarcity.

“What is most important to us is ensuring that our suppliers benefit from the savings so they can continue along the journey.”