Tata Consultancy Services wins prestigious 'supply chain project of the year'
award in UK
-- Award won for implementing 'SMART' solutions at Co-operative
-- Enabled Co-operative to effectively engage with the customers and
significantly improve their on-shelf availability in store.
LONDON and MUMBAI, India, Dec. 18, 2012
LONDON and MUMBAI, India, Dec.18, 2012 /PRNewswire/ -- Tata Consultancy
Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and
business solutions firm, announced it had won the prestigious 'Supply Chain
Project of the Year' at the Hermes Retail Week UK Supply Chain Awards 2012.
TCS won the award along with The Co-operative Group for implementing 'Store
Merchandise and Replenishment System' (SMART), a major transformation
programme for The Co-operative Group's food business, a key player in the UK
The Co-operative Group chose to partner with TCS to develop and deliver the
SMART initiative, which has impacted The Co-operative Group's food business
positively. This ambitious project introduced new systems to enable effective
stock forecasting and replenishment and range control at all The Co-operative
Group's Food Stores. The initiative also delivered a significant improvement
in stock availability.
"Implementing SMART has helped us scientifically map and implement an
effective supply chain that dictates greater process compliance and at the
same time improved our cross functional collaboration between departments. The
SMART solution has helped our business to effectively manage our 'Onshelf'
availability and replenishment processes that have allowed us to increase the
time colleagues have in store to serve our customers," said Mark Hale, CIO &
Supply Chain Director, The Co-operative Food.
"Our constant innovations in improving our clients' Supply Chain Management
solutions has paid dividends by enabling them to make appropriate business
decisions and at the same time achieve enhanced operational efficiencies,"
said Shankar Narayanan, Head, TCS UK & Ireland. "Winning this prestigious
award is a testimony to our commitment to The Co-operative Group and our
ability to deliver the best in class solutions to the global retail industry,"
TCS' Retail Solutions delivers innovative solutions from supply chain
transformation and Integrated Demand and Replenishment Planning to logistics
and warehouse management, to help companies manage seamless supply chain and
networks. Leveraging its domain expertise and network delivery model, TCS
incorporates process improvements across the various facets of a supply chain
while remaining cost effective. In the UK, TCS works with eight of the Top 10
The Hermes Retail Week Supply Chain Awards, a reputed industry award
recognises and rewards excellence in all aspects of supply chain in the Retail
industry. This year the award event was held at London on September 12, 2012,
and was attended by over 500 of the UK's top retailers and their supply chain
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions
organization that delivers real results to global business, ensuring a level
of certainty no other firm can match. TCS offers a consulting-led, integrated
portfolio of IT, BPO, infrastructure, engineering and assurance services. This
is delivered through its unique Global Network Delivery Model™, recognised as
the benchmark of excellence in software development. A part of the Tata group,
India's largest industrial conglomerate, TCS has over 254,000 of the world's
best-trained consultants in 44 countries. The company generated consolidated
revenues of US $10.17 billion for year ended March 31, 2012 and is listed on
the National Stock Exchange and Bombay Stock Exchange in India.
For more information, visit us at www.tcs.com.
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Subscribe to an RSS Feed of TCS Press Releases.
About The Co-operative Group
The Co-operative Group is the UK's largest mutual business, owned not by
private shareholders but by over seven million consumers. It is the UK's
fifth biggest food retailer and a major financial services provider, operating
The Co-operative Bank and The Co-operative Insurance. Among its other
businesses are the number one funeral services provider, the third largest
pharmacy chain and one of Britain's largest farming operations. As well as
having clear financial and operational objectives, the Group has also set out
its social and sustainability goals in its groundbreaking Ethical Plan, which
specifies over 50 commitments in these areas.
The Group operates 4,800 retail trading outlets, employs more than 106,000
people and has an annual turnover of more than £13bn. Further information is
available at www.co-operative.coop
SOURCE Tata Consultancy Services
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