May 31, 2018
TCS recognised as a Leader in manufacturing supply chain execution by two IDC MarketScapes
Report cites Tata Consultancy Services’ scalability and ability to take up implementations in large and complex environments as strengths
NEW YORK | MUMBAI: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, has been recognised as a ‘Leader’ in manufacturing supply chain execution strategy consulting, systems integration and business process outsourcing in two recent IDC MarketScapes1 pertaining to worldwide manufacturing supply chain execution.
According to the IDC MarketScape: Worldwide Manufacturing Supply Chain Execution Systems Integration and Business Process Outsourcing 2017 Vendor Assessment report, “The company is able to take on implementations in the largest and most complex environments. They have a large pool of talent that is capable of supporting globally dispersed clients.”
Milind Lakkad, executive vice president and global head, manufacturing industry solutions unit, TCS, said, “Manufacturing organisations today need a blend of technology expertise, industry experience and innovative thinking in their supply chain execution engagements. Our leadership position in supply chain execution is an outcome of our deep domain expertise with emphasis on developing our own intellectual property and building frameworks to accelerate application implementations.”
TCS has a strong portfolio of supply chain execution capabilities to understand existing landscape of customer’s business environments across the supply chain. TCS’ solutions provide diagnostic, predictive and prescriptive capabilities to monitor, analyse, and optimise business processes to promote better and quicker decisions at the planning and execution level.
TCS helps global manufacturers reduce operational expenditure, utilise capacity optimally and increase efficiencies, while meeting safety and regulatory norms. It is the preferred partner for one third of Fortune 500 manufacturers, and has a record of enabling business innovation that helps customers meet global operation objectives. TCS’ solutions and services portfolio span IT-led business transformation; design, development, and support for IT solutions; and value-added services such as infrastructure management and consulting.
TCS offers in-depth domain solutions spanning the 3Cs of modern day supply chains, to address the fundamental problems faced by them:
- Connected: Building digital capabilities to achieve visibility, agility and automation in connected supply chain.
- Collaborative: Enabling partners in Tier-n networks to make integrated decisions using one view of truth.
- Cognitive: Driving automation using digital technologies and machine learning for shared decision making.
TCS’ technology capabilities have been a significant differentiator, and innovative use of analytics, IoT, telematics, mobility, blockchain, drones, robotics, and cloud allow it to make enterprise wide impact across the supply chain. TCS has successfully leveraged these technologies to deliver next-gen solutions ranging from connected supply chain, demand driven MRP, supplier collaboration, sourcing decision, track and trace, and supply chain risk management among others. The market for manufacturing supply chain execution systems requires a perfect blend of innovative technology and business models when deploying applications to support business processes.
John Santagate, research director, IDC manufacturing insights' supply chain execution practice and the report's author, said, “TCS, with its vast experience in system integration and business process outsourcing with capacity to support innovative digital initiatives, is strongly positioned to drive the most complex engagements in supply chain execution.”
Mr Lakkad added, “Our supply chain execution capabilities using digital interventions for connected, collaborative and cognitive supply chains are an essential part of the digital transformation journey for many of our manufacturing customers. We have the scale to support global initiatives as well as the functional and technical competence to deliver on the most complex engagements in supply chain execution.”
1IDC MarketScape: Worldwide Manufacturing Supply Chain Execution Systems Integration and Business Process Outsourcing 2017 Vendor Assessment by John Santagate Simon Ellis.
IDC MarketScape: Worldwide Manufacturing Supply Chain Execution Strategy Consulting 2017 Vendor Assessment by John Santagate Simon Ellis.