TCS Among Top 4 Supply Chain Service Providers: HFS Research
TCS, A leading global IT services, consulting and business solutions organization, has been ranked among the top four providers in the HFS Top 10 for Supply Chain Services
The report analyzes 11 leading service providers across innovation, execution, and voice of the customer. It looks at supply chain IT, business, and consulting services across supply chain planning, order management, inventory management, sourcing and procurement, aftermarket services, and sustainability. TCS was ranked number one for breadth and depth of offerings and delivery excellence and among the top two for scale and experience, expertise, as well as strategy and vision.
“Enterprises today are adapting to the fast-changing environment and reimagining their supply chains to achieve greater resilience, responsiveness, and agility. Embracing an AI-driven approach enables the realization of a digitally-enabled, purpose-led and future-fit supply chain that drives sustainability. Our consulting-led collaborative approach, innovation, and industry-specific solutions that embed the ‘best of’ automation and intelligence represents a compelling value proposition for our clients. They hire us again and again because we drive business value,” said Dave Jordan, Global Head, Consulting & Services Integration, TCS. “Our leadership position in this assessment is a reflection of our vision, strategy, comprehensive capabilities, investments in innovative, future-ready and differentiated offerings, and the resultant market success.”
TCS offers a comprehensive portfolio of supply chain services across planning, order management, inventory management, sourcing and procurement, aftermarket services, and sustainability spanning IT services, consulting and business solutions.
TCS’ large team of global supply chain experts help enterprises accelerate theirsupply chain transformations leveraging strong advisory and technology services, contextual knowledge and industry-aligned solutions such as TCS Cognix™, an AI-driven, human-machine collaboration suite powered by its Machine First™ Delivery Model (MFDM™). TCS’ consulting-led approach is helping clients respond to global demand volatility, distribution and logistics disruptions, manufacturing interruptions, and supply variability. Its proprietary tools, technology solutions, frameworks and robust partnerships fuel successful digital transformations for customers.
Cognix for Supply Chain unlocks the immense value that lies at the intersection of business process, IT infrastructure, and applications layer. It orchestrates the digital technology ecosystem in an innovative, modular, and logical manner to create an agile, intelligent, digital, and connected supply chain. It accelerates the digital transformation journey using an ecosystem of pre-built, configurable, and reusable digital solutions called Value Builders. Some examples of these Value Builders include buying channel selection tool, order management command center, IoT based logistics tracker and order failure predictor.
Other proprietary supply chain solutionsinclude the TCS Intelligent Workforce Management (iWFM), 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 Omnistore™, for retailers to provide unified customer journeys powered by AI, 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
“Covid-19 accelerated the demise of linear supply chains and the emergence of supply networks that aspire to be resilient, adaptable, and purposeful. We assessed leading supply chain service providers across a rigorous series of innovation, execution, and voice of the customer criteria to understand who is best positioned to enable supply chains of the future. TCS emerged as one of the Top 10 players with its consulting-led and end-to-end supply chain services inspired by its Machine First Delivery Model (MFDM),” said Saurabh Gupta, President, HFS Research.
TATA COMMUNICATIONS
90% enterprises yet to achieve digital-first goals; Cyber security emerges as most critical
– Tata Communications, a global digital ecosystem enabler, today unveils “Leading in a Digital-First World; Enabling Success with the Right Mindset, Ecosystem and Trust” Report which finds 90% of enterprises are yet to achieve their digital-first goals with 49% admitting that cyber security is the top most priority for their business. It also brings to light, 45% of enterprises lost productivity during the crisis due to problems of connectivity and 41% enterprises attribute the shift to digital-first operating models for maintaining market share during the course of the pandemic. The survey was conducted among business leaders across 750 enterprises in 11 countries and classifies them into three distinct categories as per their digital maturity stage
Digital Trailblazers: Only 10% enterprises have the most advanced digital operating models,
connectivity platforms and strategies ensuring secure and trusted operations. 63% of them
attribute revenue growth to their digital-first strategy.
Digital Migrants: 52% of enterprises have limited digitalisation in their business, but still need to
improve in several areas of digital capability.
Digital Aspirants: 38% of enterprises are at a nascent stage of digitalising their business and have
been unable to achieve growth due to lack of digital maturity.
Lupin Receives Tentative U.S. FDA Approval for Brivaracetam Tablets
Global pharma major Lupin Limited (Lupin) today announced that it has received tentative approval from the United States Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) Brivaracetam Tablets, 10 mg, 25 mg, 50 mg, 75 mg, and 100 mg, to market a generic equivalent of Briviact® Tablets, 10 mg, 25 mg, 50 mg, 75 mg, and 100 mg, of UCB Inc. This product will be manufactured at Lupin’s Nagpur facility in India.
Brivaracetam Tablets are indicated for the treatment of partial-onset seizures in patients four years of age and older.
Brivaracetam Tablets (RLD: Briviact® Tablets) had estimated annual sales of USD 311 million in the U.S. (IQVIA MAT June 2021).
Expansion in production capacity at Chittoor plant of Gravita
Gravita India Limited, a leading recycling company having its manufacturing presence around the globe, is glad to inform that company has increased capacity of its existing recycling unit situated at Chittoor, Andhra Pradesh. The existing capacity of said unit of lead recycling has been increased by 10,200 MTPA and as on date the total capacity of this unit for lead recycling is 38,200 MTPA. The production from said plant will cater the needs of domestic as well as international customers.
The investment in the said capacity expansion is approx. 1.00 Cr which is invested from internal accruals of the company and all the equipment's are designed and developed in the company's in house project division by using its state-of-art technology. The company is expecting revenue of approx Rs.l50.00 Cr in a year from this additional capacity
This plant has capitalized the opportunity of domestic scrap available with the large telecom players, UPS OEM's, IT &ITES, Automobile workshops etc. in and around southern markets. The company has contracts to collect their PAN India scrap in cost effective manner and by exporting the finished goods using the nearest Chennai Port thus saving the logistic cost. This plant will help the company to further strengthen its presence in southern market and exports in South East Asian Markets.
HERO MOTOCORP CELEBRATES ITS 10TH ANNIVERSARY WITH RETAIL SALES OF MORE THAN ONE LAKH UNITS OF MOTORCYCLES & SCOOTERS ON A SINGLE DAY ON AUGUST 9TH
DOUBLES THE DAILY AVERAGE OF SCOOTER SALES
CLOCKS ROBUST SALES ACROSS SEGMENTS, INCLUDING GLAMOUR XTEC, SPLENDOR MATTE GOLD & XTREME 160R
Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters – sold a record more than one lakh units of motorcycles and scooters in retail sales in a single day on August 9th, coinciding with the 10th anniversary of the Company.
This retail sale - that included the sales in the domestic market of India and global markets around the world – is a record number of actual sales to customers in a non-festive period.
Naveen Chauhan, Head of Sales & After-Sales, Hero MotoCorp said, “This kind of retail sales on a single day in a non-festive period is unprecedented. The completion of 10 years of our journey on August 9th is a significant milestone at Hero MotoCorp. Our customers have reiterated their faith and trust on us by celebrating the ‘Hero Day’ of August 9th, purchasing our range of products in massive numbers, enabling us to set this record of retail sales on a single day.”
The record number was achieved due to the retail demand for Hero MotoCorp range of products across segments – entry, deluxe and premium, including scooters – and in markets across geographies.
Hero MotoCorp doubled its daily average sales of scooters on the Hero Day of August 9th with immense demand for the range of scooters – including the newly launched Maestro Edge 125, Destini & Pleasure 110.
In addition to the existing range, the recently launched Glamour XTEC, the new Splendor in Matte Shield Gold color, and the Xtreme 160R also contributed in robust numbers to the overall volume of more than one lakh retail sales on August 9th.
After the separation from its erstwhile joint venture partner, Hero MotoCorp unveiled its new brand identity at the iconic O2 Arena in London on August 9th 2011. The August 9th this year, therefore, marked the 10th anniversary of the Company.