Tata Consultancy Services’ Comprehensive Portfolio of Offerings Across the SCM Value Chain, Strong Digital Ecosystem Powered by TCS Cognix™, and Industry-Specific Solutions and Platforms Cited as Key Strengths
NEW YORK | MUMBAI, January 17, 2022: 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.”
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 556,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.
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