Tata Consultancy Services to open TCS CPG Innovation Hub in Hyderabad
Tata Consultancy Services (TCS) said that it will open the TCS CPG Innovation Hub in Hyderabad, an advanced research and innovation hub with an aim to incubate digital solutions for consumer packaged goods (CPG) companies by using SAP solutions.
By addressing industry-specific use cases centering on Industry 4.0 and the digital supply chain, the TCS CPG Innovation Hub will serve the requirements of clients wanting to accelerate and scale up their innovation initiatives, said Tata Consultancy Services.
The advanced research and innovation hub from the Indian IT services provider will offer clients a structured framework to ideate better, develop creative solutions faster, and realize their purpose-driven goals.
Tata Consultancy Services said that it will make use of a consumer-centric industry template on SAP S/4HANA integrated with SAP Digital Supply Chain, SAP Trade Management and SAP Customer Experience solutions for helping CPG firms get the maximum benefit from their SAP investments and get greater business outcomes.
Tata Consultancy Services to open TCS CPG Innovation Hub in Hyderabad. Photo courtesy of L.vivian.richard/Wikimedia Commons.
Additionally, customers can experience various CPG platform solutions, developed on the SAP Business Technology Platform, which customizes experiences and helps innovate quicker with business context, said Tata Consultancy Services.
The solutions include TCS RevenuePrime for management of net revenues, TCS ChannelPrime for collaboration with partners on a common platform, and TCS Envirozone, a digital solution suite to help organizations in tracking and mitigating risks in supplier-sourcing to assist decisions on procurement for a sustainable supply chain.
The suite includes the TCS Integrated Distributor Management and Collaboration Platform (iDMCP), Enterprise Visibility, and integrated Vendor Management System (iVMS) for management of distributors, supplier collaboration and 360-degree visibility throughout the enterprise.
Sudhakar Gudala — Tata Consultancy Services CPG Global Head said: “We are proud to launch this next-gen innovation hub in collaboration with SAP. The hub leverages our deep domain and contextual knowledge of our customer’s business, innovation mind-set, and SAP S/4HANA as the core, to support our customers’ multi-horizon transformation journeys.
“Our digital capabilities combined with our accelerators, proprietary tools, and templates will empower our customers to innovate at speed and scale and stay ahead of the digital curve.”