TCS Emerges as a Market Leader in Supply Chain Services, Says HFS Research

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LONDON: Tata Consultancy Services (TCS) has been recognized as a Market Leader in the HFS Horizons for Supply Chain Service Providers, according to a recent study. The report evaluated the capabilities of 18 providers across a range of dimensions to understand the Why, What, How, and So What of their service offerings.

Krishnan Ramanujam, Business Group Head, Retail, CPG and Travel, TCS, said, “TCS helps clients build resilient, digitally-enabled, purpose-led, and future-fit supply chains that can respond to changing business demands and deliver superior customer experience. Our consulting-led collaborative approach, innovation, and investments in developing industry-leading solutions are helping our clients optimize their supply chains, improve sustainability, and drive growth.

TCS offers a comprehensive range of supply chain services across planning, order management, inventory management, sourcing and procurement, aftermarket services, and sustainability. TCS’ expertise in these areas, coupled with its strong consulting-led technology capabilities and deep industry expertise, has enabled the company to deliver innovative and effective solutions to its clients across industries.

TCS’ services and solutions cover the end-to-end demand-supply value chain and leverage AI, ML, machine vision, and robotics to transform supply chain operations across plants, warehouses, transportation, distribution, and sorting centers. These are being adopted by customers across manufacturing, transportation, logistics, consumer products and goods, automotive, aerospace, energy, utilities, healthcare, life science, and hi-tech industries.

TCS has been investing heavily in developing its new supply chain capabilities, including investments in AI and machine learning, robotics, blockchain, and sustainability. These investments are helping TCS stay at the forefront of supply chain innovation and provide its clients with the most advanced solutions to enable resilient and responsible supply chains.

The report also highlighted TCS’ key solutions, including TCS EnvirozoneTM, TCS OptumeraTM Self-learning Supply Chain, Ecosystem commerce solution, and TCS DigiFleetTM. These solutions are powered by an IoT and AI-ML engine, providing contextual and situational insights on fleet and supply chain operations by analyzing real-time data from a heterogeneous ecosystem.

Ashish Chaturvedi, Practice Leader, HFS Research, said, “TCS has one of the most comprehensive supply chain services portfolios with a platform-based, partner-oriented, and industry-context-driven approach. TCS’ extensive partner network, high focus on automation, and specialized sustainability offerings give it an edge in the supply chain space.

TCS has been partnering with many of the world’s largest businesses in their transformation journeys for over 55 years. Its consulting-led, cognitive-powered, portfolio of business, technology, and engineering services and solutions is delivered through its unique Location Independent AgileTM delivery model, recognized as a benchmark of excellence in software development.

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.

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