Tata Consultancy Services Offers World-Class RFID and Data Synchronization Solutions and Industry Expertise; iSYNC solution by TCS helps consumer product companies meet mandate by large retailers for new item data synchronization standards.
CHICAGO, May 19 /PRNewswire/ -- At the Retail Systems 2004 conference in Chicago, Tata Consultancy Services Tata Consultancy Services Limited (TCS Limited company) is one of the world’s largest providers of information technology, consulting, services and business-process outsourcing which commenced operations in 1968. As of 2007, it is Asia's largest And India's No. (TCS), a division of Tata Sons Ltd, showcased its proprietary assets and deep retail and consumer packaged goods domain expertise, which it has built around the needs of companies in these industries.
TCS recently established a practice group and a Center of Excellence for radio frequency identification See RFID. (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) solutions to respond to the mandate by several large retailers for consumer products companies to be RFID-compliant by 2005. The TCS retail and consumer packaged goods practice maintains a dedicated team of RFID engineers, and also draws upon its fleet of experienced business domain experts to offer consulting, application development, systems integration, and after sales support and training to customers in the retail sphere.
"As major retailers and consumer packaged goods companies seek ways to integrate RFID into their business strategies, TCS has anticipated this trend and has committed to significant Global Delivery System initiatives to help enable RFID implementation in these organizations," said Muthukumar Natesan, retail and consumer packaged goods practice head for TCS America. "TCS is actively investing to develop leading technology solutions that will help our customers meet these goals, and ultimately will assist the industry in preparing for the next generation of data synchronization. TCS' retail and consumer goods practice knowledge assets and expertise are helping customers reshape their businesses and deliver competitive advantage."
As part of this investment, TCS developed iSYNC, a proprietary item synchronization methodology which helps consumer product companies connect to UCCnet and business-to-business exchanges in order to synchronize data with its trading partners. Data synchronization has been identified as the most pressing initiative of the retail and consumer products industry, as industry- wide compliance is essential in realizing current supply chain initiatives, including efficient consumer response Efficient Consumer Response (ECR) is a joint trade and industry body working towards making the grocery sector as a whole more responsive to consumer demand and promote the removal of unnecessary costs from the supply chain. (ECR), vendor managed inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI), and collaborative planning forecasting and replenishment (CPFR), as well as future initiatives, such as RFID.
At the conference, TCS led the AutoID TechTour panel to discuss retail industry initiatives. The panel featured industry leaders IBM, Intel, Manhattan, SAP, and Sato America. The session covered the latest in Auto ID and Data Capture technologies, including RFID, ePC, EAS, and biometrics. The panel also examined emerging EAN EAN
experimental allergic neuritis. .UCC An abbreviation for the Uniform Commercial Code. standards such as Reduced Space Symbology (RSS), Global Trade Item Number (GTIN), and Global Location Number (GLN Gln
glutamine. ). Practice leaders from TCS' retail and consumer packaged goods practice led a discussion on how the application of these technologies and standards can improve n-tier supply chain management and improve data integrity.
The Retail and consumer packaged goods practice at TCS has built and nourishes partnerships with software and hardware vendors, including Oracle, Retek, WebMethods, i2 Technologies, and Retail Pro. The firm also maintains strong alliances with industry organizations such as the National Retail Federation, the Association of Retail Technology Standards (ARTS), the Uniform Code Council, and the Voluntary Inter-Industry Commerce Standards.
About Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) is a leading global IT services provider and was the first billion-dollar Indian IT services organisation by annual revenues. Since its inception in 1968, TCS has pioneered many of the significant developments in the Indian IT services industry, including the offshore delivery model for IT services.
TCS is a global organisation with offices in 32 countries and development centres in 10 countries. TCS offers a comprehensive range of IT services to its clients in diverse industries such as banking and financial services, insurance, manufacturing, telecommunications, retail and transportation. TCS's clients comprise of some of the world's largest and well-known organisations. TCS has developed extensive experience in providing end-to-end IT services, integrating multiple technologies and delivering solutions in multiple geographies for its global clients. It is the largest Indian IT services organisation in terms of revenues as well as profits.
TCS is part of the Tata Group, which has a heritage of over 135 years as one of India's leading corporate groups. The Tata Group has interests in a diverse range of industries, and had combined sales of approximately Rs. 542 billion (US$11.8 billion) in fiscal 2003. For more information on TCS, visit http://www.tcs.com/.
CONTACT: Karen Hayes of Fleishman-Hillard for TCS, +1-212-453-2309, firstname.lastname@example.org
Web site: http://www.tcs.com/