“We being a part of TCS, TCS being a part of us, that’s what helps us succeed.”
- Cummins Corporation, USA, Vandana Chenanda, Director, Engineering and PLM Systems and Support
Vendor-TCS (Tata Consulting Services)-
Tata Consultancy Services (TCS) is a leading global consulting firm with established success in improving decision-making processes at companies worldwide. The firm’s internal practices ensure that it has dedicated, experienced, and knowledgeable resources; meaningful technology partnerships; and reusable know-how that combine to deliver relevant, reliable, and actionable business analytics solutions to its clients.
TCS is well positioned in the business analytics services market for several reasons:
* TCS has a robust solution implementation methodology with supportive internal business processes. * TCS develops customizable templates and other reusable assets to replicate client success stories based on industry and technology expertise. * Dedicated technology centers of excellence ensure that TCS has employees with the proper technical skills, meaningful technology partnerships, and best practices and know-how that are being captured for reuse. * Offshore development is integrated into the TCS implementation methodology to lower development costs and speed time to delivery.
TCS takes a three-step approach:
- Identify the unplanned cost elements; collect the necessary data.
- Analyze the data; understand the business drivers of the unplanned costs, and identify a pattern to properly assign costs.
- Assign the costs to suppliers.
The purpose of this effort is not to penalize suppliers in the short term but to evaluate the optimal set of suppliers based on full disclosure of total cost. The end result may well be the replacement of a supplier with a more efficient alternative; however, it also may be that the driver of unanticipated costs