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TCS Partners with JDA Software to Develop Cognitive Supply Chain Solutions

Posted On: 2019-02-11 11:23:10

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced a global partnership with JDA Software, the leading provider of end-to-end supply chain and retail solutions, to build next-generation cognitive solutions, and offer consulting and system integration services around digital technologies, to optimize supply chains for customers worldwide.

The partnership will leverage the TCS Business 4.0™ thought leadership framework and JDA luminate™ solutions portfolio to develop joint, interoperable technology solutions for supply chains of the future. These solutions will use TCS' Machine-First™ Delivery Model to accelerate human-machine collaboration to solve complex business problems, faster and better, delivering multi-fold productivity improvements and transforming customer experience.

Through these solutions, enterprises can harness the power of cloud, AI and ML, allowing them to gain complete supply chain visibility and receive prescriptive recommendations to make accurate, profitable business decisions. Businesses will benefit from real-time predictive analytics and cloud-driven business models that help realize outcome-based supply chain transformations.

TCS will establish an end-to-end Cognitive Supply Chain lab at its Business Solutions lab in Cincinnati, Ohio, USA to develop quick proofs of concept.

"We're delighted to see this partnership between JDA and TCS as two of our strategic technology partners that we work with to drive supply chain transformation within our business," said Carl Dawson, C/0, Marks & Spencer. "The ability to transition towards an autonomous supply chain working hand-in-hand with TCS and JDA presents the opportunity to give us the complete supply chain visibility we need, combined with recommendations to make profitable business decisions."

"Combining TCS' advanced and disruptive Business 4.0™ digital technologies and deep expertise with JDA's end-to-end supply chain and retail solutions, we will collectively reinvent our customers' supply chains enabling them to fulfill product demands intelligently, explore new business models, capabilities, and value propositions," said Raman Venkatraman, Vice President and Global Head, Alliances and Technology Unit, TCS.

"TCS' customer-centric approach, digital expertise and deep contextual knowledge aligns with our mission to optimize intelligent supply chains by bringing in predictive, prescriptive insights and recommendations that improve customer experience throughout our customer's end-to-end business," said Mark Morgan, Chief Revenue Officer, JDA. "We look forward to leveraging TCS' expertise in the implementation of digital technology to further help our customers transform their supply chains and end-user journeys."

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2062.75 as compared to the previous close of Rs. 2079.9. The total number of shares traded during the day was 856235 in over 2882 trades.

The stock hit an intraday high of Rs. 2088.25 and intraday low of 2054. The net turnover during the day was Rs. 1783135982.


Source: Equity Bulls

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