TCS Recognized as a Leader in Manufacturing Supply Chain Planning by Two IDC MarketScapes
Reports cite TCS' Depth of Coverage, Global Footprint, Proprietary Frameworks, and Investments in Digital Labs as Significant Differentiators
NEW YORK | MUMBAI, April 11, 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 Planning across strategy consulting, business process services and IT integration in two recent IDC MarketScapes pertaining to Worldwide Manufacturing Supply Chain Planning.
According to the IDC MarketScape: Worldwide Manufacturing Supply Chain Planning Strategy Consulting 2017 Vendor Assessment report, “TCS brings its Supply Chain Operations and Process Excellence (SCOPE) model that allows its Supply Chain Planning (SCP) team to engage with the customers as part of the planning process. It is a combination of a process model analysis framework and maturity model to understand the existing landscape of the customer business environment in their supply chain.”
“In the Business 4.0 world, progressive manufacturing companies seeking to deliver a superior customer experience require agile and responsive supply chains backed by a robust and reliable planning process,” said Milind Lakkad, Executive Vice President & Global Head - Manufacturing Industry Solutions Unit, TCS. “Our leadership positioning in Manufacturing Supply Chain Planning is a recognition of our depth in supply chain planning, our ability to bring to bear the power of digital technologies to transform their operations and the resultant market success.”
TCS works with the world’s leading manufacturers, including a third of all Fortune 500 manufacturing companies, helping them embrace business innovation and advance their growth and transformation agendas. Leveraging its manufacturing domain expertise, business knowledge and transformation capabilities, TCS provides a comprehensive portfolio of services around supply chain transformation, spanning advisory, design, implementation and support services. TCS’ 3C framework for supply chain transformation delivers Connected, Collaborative and Cognitive supply chains to large enterprises.
Industry specialists and supply chain experts from TCS’ Manufacturing Industry Solutions Unit work closely with technology specialists from the Digital Transformation Services practice to build next generation Supply Chain Management (SCM) solutions that leverage digital technologies such as mobility, Internet of Things, Block-chain, drones, robotics, Big Data analytics, Machine Learning and Cloud, and deliver greater visibility, agility and insights-driven decision making in areas like Demand Driven MRP, supplier collaboration, sourcing decision, track and trace, supply chain risk management, among others. These solutions and live proofs of concept are showcased at various digital labs set up by TCS around the world.
“Manufacturing organizations are looking to leverage a global partner with deep resources and strong capabilities in supply chain. TCS, with its vast experience of best practices in supply chain, Digital and scalability to support global initiatives is strongly positioned to drive the most complex engagements in Supply Chain Planning,” said the report's author, Simon Ellis, Global VP for IDC Manufacturing Insights' Supply Chain Strategies Practice.
“Our deep domain expertise, continuous focus on innovation and investments in building differentiated capabilities in Supply Chain Planning have made us the preferred transformational partner to many of our manufacturing customers as they retool their supply chains to succeed in a Business 4.0 world,” added Milind Lakkad.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty 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, a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 390,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $17.6 billion for the year ended March 31, 2017 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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