Top 10 Consulting Companies: Tata Consultancy Services
Established in 1968, Tata Consultancy Services (TCS) is an indian based IT and consultancy company, which has been combining digital expertise with business intelligence for over 50 years to help businesses achieve their objectives.
With digital technologies changing the industry, making the product life cycle shorter and more complex, organisations are facing competitive challenges from disruptive businesses. TCS highlights that in order to thrive and survive, companies need to amplify their processes with digital technology to find a new competitive advantage.
TCS solutions strives to help organisations to manage dynamic supply chain ecosystems by leveraging digital technology and data driven insights. By leveraging innovative technology TCS aims to identify new proactive approaches and opportunities to drive informed and timely decisions.
With its strategic supply chain capabilities, TCS leverages enterprise applications, cloud, IoT, analytics, integrated business planning, source to pay, order to cash and digital manufacturing.
In addition TCS also offers support for business operations such as, strategy, planning, control sourcing, procurement, logistics and fulfilment.
With its solutions TCS strives to improve an organisation's market share, reduce costs and improve customer experience.
TCS is facts and figures:
No. of employees: 446,000
Operating countries: 146
CEO: Rajesh Gopinathan
Mission: “to help customers achieve their business objectives by providing innovative, best-in-class consulting, IT solutions and services and to make it a joy for all stakeholders to work with us.”
Watch our video on the Top 10 Consulting Firms below!
For more information on procurement, supply chain and logistics topics - please take a look at the latest edition of Supply Chain Digital magazine.
5 minutes with: Ivalua’s Sundar Kamak
Who are you?
My name is Sundar Kamak, I’m Head of Manufacturing Solutions at Ivalua. I’ve been with the company for around two years now, and I’m responsible for our industry solutions and our pre-sales team. Before joining Ivalua I spent almost 20 years in the source-to-pay procurement space, working for a number of providers. But I got my career started in manufacturing and supply chain, specifically in automotive and aerospace.
And what is currently taking up the majority of your professional time?
The last year I've been focused in helping organisations put together a digital transformation strategy, especially manufacturing companies, so they can continue to address some of the challenges they face due to the COVID pandemic.
The traditional approach of engineers designing their latest product then procurement going off to source no longer works
What are the biggest challenges facing your corner of supply chain?
We have a lot of clients coming from different backgrounds - aerospace, high-tech, automotive - and they’re feeling the pressure and the crunch. There’s a lack of product, lack of material availability, lack of resources, labour shortages. So, I work with the leadership in these organisations, try to understand what problems they're looking to solve and come back with Ivalua solutions that can help them address some of these challenges.
Where do the biggest opportunities lie?
If we look at manufacturing, it all comes back to procurement and supply chain being involved sooner in the process. The traditional approach of engineers designing their latest product then procurement going off to source no longer works. It’s important to treat suppliers like partners, which means you build trust, so they can participate very early on in the product design and product development process. It’s not done consistently in the manufacturing sector, but it will be key.