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TCS to launch Research and Innovation Hub to digitally transform CPG Companies

The TCS CPG Innovation Hub will address the industry-specific use cases around Industry 4.0.

August 26, 2022 10:25 IST | India Infoline News Service
Tata Consultancy Services has announced that it is launching an advanced research and innovation hub in Hyderabad, for incubating digital solutions for Consumer Packaged and Goods (CPG) companies, using SAP solutions.
The TCS CPG Innovation Hub will address the industry-specific use cases around Industry 4.0 and the digital supply chain, catering to the needs of clients looking to speed up and scale up their innovation activities. It will provide a structured framework for clients to work better on creative solutions  and achieve their purpose-driven goals.
TCS will leverage a consumer-centric industry template on SAP S/4HANA which is integrated with SAP Digital Supply Chain, SAP Customer Experience and SAP Trade Management solutions to help CPG companies make the most of their SAP investments and achieve superior business outcomes.
In addition, customers can experience a series of CPG platform solutions, built on the SAP Business Technology Platform, which personalizes experiences and helps innovate faster with business context. These solutions include TCS RevenuePrime for net revenue management, TCS ChannelPrime for collaborating with partners on a common platform, and TCS Envirozone, a digital solution suite that helps organizations track and mitigate supplier-sourcing risks to aid procurement decisions for a sustainable supply chain. 
This suite includes the TCS Integrated Distributor Management and Collaboration Platform (iDMCP), integrated Vendor Management System (iVMS), and Enterprise Visibility for distributor management, supplier collaboration and 360-degree visibility across the enterprise.

At around 10:26 AM, Tata Consultancy Services Ltd is currently trading at Rs3,235.95 per share up by Rs17.85 or 0.55% from its previous closing of Rs3,218.10 per share on the BSE.

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