Overview
HCLTech’s Intelligent Supply Chain Management iSCM is a portfolio of solutions, backed by real-time analytics that improves forecasting accuracy, optimizes inventory levels, facilitates collaboration, enables real-time visibility of extended supply chain and manufacturing operations, and promotes seamless synchronization between demand and fulfillment.
iSCM consists of the following solutions:
iSCM Opportunity Assessment using D-S-I Evaluator and TOUCHSTONE®
Opportunity Assessment develops actionable and benefits-driven supply chain road maps. It consists of three broad stages:
- Discover and Study: A study of an organization’s strategic directions and IT landscape, followed by a rapid qualitative process review. D-S-I Evaluator and Touchstone are leveraged for a quantitative analysis of the client’s data.
- Identify Opportunities: A series of workshops held with clients and SMEs to review opportunities (identified as gaps) in business practices.
- Prioritize: A risk-impact analysis and the finalizing of opportunities and priorities. Business cases with implementation road maps are developed at this stage.
Demand-Supply-Inventory (DSI) Evaluator: A supply chain magnifying glass that reveals a client’s supply chain characteristics and unique market dynamics. The D-S-I Evaluator identifies opportunities by analyzing issues such as demand patterns, forecast accuracy, inventory levels, safety stock planning, and more.
TOUCHSTONE®: A platform-independent tool that can pull data for KPI calculations from multiple systems into its staging tables through ETL activity. It consists of a repository of predefined data points and formula for each SCOR-based KPI. The tool offers the drill-down capability to low-level KPIs to perform root-cause analysis and leverages industry-specific benchmark data from the APQC (American Productivity and Quality Center).
iVISION Visibility & Collaboration Solution: HCLTech’s iVISION solution provides visibility across the supply chain, seamlessly collecting information to provide actionable intelligence. Coupled with unified communications and collaborative technologies, it enhances collaboration for quicker resolution of issues.
Benefits
Forecasting
8%- 10% increase in Forecast accuracy and Inventory Turn