Each year it is estimated that an average business, especially those in industries like Retail or Manufacturing, spends between 25-35% on inventory costs alone. This percentage is likely to be higher for poorly managed businesses. For a Supply Manager it is a constant endeavour to strike the right balance between stockout and an overstock situation. The impact of the Supply Manager’s judgement errors can potentially drive up the working capital cost. Though there are advanced forecasting techniques used by organizations for inventory planning, a holistic solution that provides visibility across the supply chain is not adopted widely.
Tech Mahindra presents an end-to-end supply chain management solution which enables integration and collaboration across the entire network, from suppliers to customers. It provides better visibility, optimization, real time analytics and improved customer satisfaction. The End-to-end Supply chain management solution uses Pega’s integrated environment to provide a unified platform for OEMs, Contract Manufactures as well as channel partners and customers to achieve the visibility, optimization and prediction.