TCS Recognized 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, May 31, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in manufacturing supply chain execution strategy consulting, systems integration and business process outsourcing in two recent IDC MarketScapes 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.”
“Manufacturing organizations today need a blend of technology expertise, industry experience and innovative thinking in their supply chain execution engagements,” said Milind Lakkad, Executive Vice President & Global Head - Manufacturing Industry Solutions Unit, TCS. “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, analyze, and optimize business processes to promote better and quicker decisions at the planning and execution level.
TCS helps global manufacturers reduce operational expenditure, utilize 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.
“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,” said the report's author, John Santagate, Research Director, IDC Manufacturing Insights' Supply Chain Execution Practice.
“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,” added Milind Lakkad.
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of a vendor's success in the manufacturing supply chain execution systems integration (SI) and business process outsourcing (BPO) marketplace and help assess current and anticipated performance in the marketplace. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Tata Consultancy Services Ltd. (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 the last fifty years. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. 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 394,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $ 19.09 billion for year ended March 31, 2018 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 Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
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