Wednesday, October 14, 2020

Logistic Optimizer : Developed by TCS and its Features

 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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