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TCS Recognized as a Leader in Supply Chain Management BPS by Everest Group

Posted On : 2022-01-17 21:41:18( TIMEZONE : IST )

TCS Recognized as a Leader in Supply Chain Management BPS by Everest Group

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been positioned as a Leader in the Everest Group PEAK Matrix® for Supply Chain Management (SCM) Business Process Services (BPS).

According to the report, TCS brings together its digital, consulting, IT infrastructure and business process capabilities to offer a holistic portfolio of SCM services for its customers. TCS Cognix™ brings together an ecosystem of pre-built solutions, frameworks, and relevant partnerships, and has been highlighted as a key strength. The report also highlights TCS' cutting-edge industry-specific supply chain solutions and platforms like TCS Optumera™, TCS Digifleet™, and TCS Dynachain™. It further states that TCS is one of the few providers that provide Supply Chain-as-a-Service offerings like Planning-as-a Service, especially for the SMB and mid-market segments.

"Using Cognix™ we have been successfully helping our customers build purpose-led and future-fit supply chains that are customer-centric, demand-driven, and digitally equipped to create value with agility in the Business 4.0™ world," said Ashok Pai, Global Head, Cognitive Business Operations, TCS. "Our leadership position in this assessment is a reflection of our vision, strategy, and continued investments in building innovative, future-ready and differentiated offerings, and the resultant market success."

TCS offers a comprehensive portfolio of services across the supply value chain spanning planning, order management, inventory management, sourcing and procurement, aftermarket services, and sustainability. Its unique proposition of integrating services across business process, IT infrastructure, technology and applications combined with its consulting services and industry aligned SCM solutions and platforms makes it the partner of choice for enterprises looking to drive end-to-end and large-scale transformations.

At the heart of this transformation is TCS Cognix for Supply Chain, an AI-driven human-machine collaboration suite powered by TCS' Machine First™ approach. Cognix has a vast library of pre-built, configurable, and reusable digital solutions called Value Builders that address varied digital requirements across the supply chain. Some examples of these Value Builders include buying channel selection tool, order management command center, IoT based logistics tracker and order failure predictor.

These digital solutions can quickly transform supply chain operations embedding AI, ML, and automation, advanced analytics across the enterprise to realize future-ready supply chains that are more agile, resilient, adaptative and sustainable.

Other proprietary supply chain solutions include the TCS Intelligent Workforce Management, Supply Chain Digital Twin, TCS Robologistics, and TCS Dynachain, a multi-enterprise ecosystem commerce platform for digital, cognitive, and autonomous supply network management. TCS' industry specific supply chain solutions include TCS Digifleet, an IoT enabled SaaS for fleet and freights, TCS Optumera for merchandising and supply chain optimization, as well as SAP-based blockchain solutions for forestry. Additionally, TCS has partnerships with leading vendors such as SAP, Ariba, Oracle, Blue Yonder, O9, E2Open, DASSAULT SYSTEMES, and Manhattan Associates.

"In the past two years, TCS has developed a robust ecosystem of digital solutions leveraging TCS Cognix™ powered by its MFDM™ framework, created multiple SCM-focused and industry-specific solutions such as TCS Algo Retail™ and TCS Digifleet™, launched supply chain-as-a-service offerings catering to SMBs and mid-market clients, and continued to strengthen its order management offerings," said Shirley Hung, Partner, Everest Group. "By investing in expanding its capabilities and scope of coverage, consulting capabilities, and business operations expertise, TCS strengthens its position as a Leader in Everest Group's Supply Chain Management (SCM) BPS - PEAK Matrix® Assessment 2022 with its suite of end-to-end SCM service offerings."

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 4019.10 as compared to the previous close of Rs. 3969.25. The total number of shares traded during the day was 295249 in over 33242 trades.

The stock hit an intraday high of Rs. 4043.00 and intraday low of 3963.00. The net turnover during the day was Rs. 1183753355.00.

Source : Equity Bulls


TataConsultancyServices INE467B01029 TCS Leader EverestGroup SupplyChainManagement BusinessProcessServices