Hero MotoCorp collaborates with Accenture for transformation of Supply Chain

28 Jul 2022 , 10:08 AM

Hero MotoCorp Limited announced that it selected Accenture to scale up and enhance its future-ready supply chain.

Under this program, Accenture will provide supply chain strategy, planning optimization, logistics cost optimization, and develop an end-to-end digital supply chain suite. This will enable Hero MotoCorp to manage the increasing complexity in markets, products, and supply chain networks while achieving cost reduction in an inflationary environment.

Hero MotoCorp will leverage Accenture’s zero-based supply chain (ZBSC) approach to facilitate cost optimization efforts across its supply chain. Accenture will also provide a supply chain control tower, powered by data and analytics, to aid in better supply chain and logistics planning.

The digital supply chain platform will use artificial intelligence and machine learning capabilities to provide Hero MotoCorp’s business decision-makers with deeper visibility across the company’s operations.

Accenture will also train Hero MotoCorp’s workforce to build the right capabilities across supply chain planning and logistics functions as well as in data and analytics.

Hero MotoCorp is currently trading at Rs2,784.50 per piece, up by Rs1.15 or 0.04% from its previous closing of Rs2,783.35 on the BSE. The scrip opened at Rs2,777 and has touched day's high and low of Rs2,803.90 and Rs2,776.10 respectively.