TCS Recognized as Leader in Supply Chain Management (SCM) BPO by Everest Group
Report Cites TCS’ Highest Market Share, Technology Enabled Operations Capabilities and Breadth of Offering Portfolio
NEW YORK | MUMBAI, December 5, 2014: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced it has been recognized as a ‘Leader’ in Supply Chain Management (SCM) by Everest Group in its report, 'Supply Chain Management (SCM) BPO – Service Provider Landscape with PEAK Matrix™ Assessment 2014, November 2014'.
TCS’ position as a Leader was driven by its industry-leading market share (by revenue) in the Supply Chain Management (SCM) BPO landscape, strong technology capability for SCM BPO with investments in augmentation and platform-based solutions, and balanced delivery capabilities with a wide portfolio of offerings across industries.
“Organizations increasingly look to streamline their supply chain operations while gaining visibility and insights to quicken their time-to-market through their SCM BPO initiatives. Our assessment shows that TCS offers a credible option leveraging its broad experience, technology-enabled solutions, and balanced delivery model,” said Rajesh Ranjan, Partner and Head, BPS Research, Everest Group.
“TCS is focused on helping our customers simplify their supply chain, improve spend under management and establish governance and compliance. We apply technology innovation to help clients transform their supply chain for optimal cost and speed,” said Abid Ali Neemuchwala, Global Head, Business Process Services at TCS. “We believe that Everest's high ranking for TCS is a testament to the success our clients see with us. Our industry domain expertise, supply chain analytics experience and technology platforms, and tools enable us to deliver value to our clients.”
Enterprises across industries grapple with the increasing complexities of planning for ‘just in time’ availability in an increasingly global supply chain. TCS addresses these customer needs with its domain expertise and best practices, and frameworks and accelerators. TCS’ FORE™ simplification methodology, its Robotic Process Automation framework, platforms on the cloud, and Analytics and TRAPEZE™ solution make sustainable improvements to our customers global supply chain.
The Everest Group report analyzed the position of 11 service providers specific to the SCM BPO market. These providers were mapped on Everest Group’s Performance, Experience, Ability, and Knowledge (PEAK) Matrix™, a composite range of distinct metrics that measures each provider’s capability and market success.
About TCS Business Process Services (BPS)
Business Process Services (BPS) at TCS is about managing and executing business operations. Our domain expertise helps deliver core business processing across industries, analytics and insights and support processes such as accounting, HR and supply chain management. TCS partners with customers to accelerate co-transformation, and generates business value for customers through delivery excellence, risk management and through innovative Business Process as a Service (BPaaS) models. With over $1.6 billion in BPS revenues and 60,000+ employees across 17 countries delivering services to over 275+ customers, TCS is one of the leading Global Domain based BPS providers.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™,recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 300,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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