Welcome back Dear Readers, This is Dharunanand R pursuing MBA in Analytics and Operations from Amrita School of Business. In this week's blog on Supply Chain lets explore "Logistic Optimizer : Developed by TCS and its Features"
Recent business disruptions have put spotlight on the importance of agility in the increasingly complex modern day supply chain network which involves multiple parties challenges at various nodes such as unsynchronized packaging and material flow due to isolated information on supplier capacity production capability and inventory tracking escalating fuel prices an optimized route selection and poor capacity management leading to higher inbound and outbound logistic cost suboptimal distribution planning and delivery reliability caused by lack of real-time tracking.
Limited order visibility due to unstructured communication
between partner carrier and customer makes it difficult to achieve the singular
goal of providing excellent services to fast changing customer demands in order
to quickly respond to this evolving and dynamic environment connected real-time
and automated logistics is the need of the hour.
Logistic optimizer which is developed by TCS provides an
end-to-end integrated logistics solution powered by IOT and also it provides
unique AI & ML based dynamics for casting and planning integrated capacity
management dynamic scheduling, Real-time event response and order visibility
This enables the chief Logistics officer to take key
decisions at the right time by providing integrated view of KPI’s customized to
his business needs it gives the logistic manager a holistic view of material
flow throughout the network and helps adapt quickly to dynamic changes in
supply and demand.
By identifying gaps in available resources, it provides
contextual insights into all nodes enabling cost optimization thus making the
chief financial officer delighted
The AI based module constantly learns real-world constraints
to simulate scenarios based on not only the company's key business objectives but
to the customer's priority.This logistic optimizer connects with any existing enterprise
solution and also the solution is quickly scalable and customizable with unmatchable
results it promises to make the logistics dynamic resilient and sustainable.
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