Kuppuswamy to expand products and enter new markets
Hero MotoCorp Ltd (NSE: HEROMOTOCO), all geared up for global expansion, has selected Accenture (NYSE: ACN) to scale up and enhance its future-ready supply chain.
“As we expand our global footprint and foray into electric vehicles, navigating the complex global supply chain network will be crucial in driving our future growth,” Ram Kuppuswamy, chief procurement & supply chain officer, Hero MotoCorp, said on 27 July 2022.
“Simplifying our operations and improving profitability will be key to creating the capacity we need to expand our product portfolio and enter new markets.”
The program for Accenture will include supply chain strategy, planning optimization, logistics cost optimization and development of an end-to-end digital supply chain suite, thereby enabling Hero MotoCorp to manage the increasing complexity in products, markets and supply chain networks, while driving cost reduction in an inflationary environment.
Accenture will use its zero-based supply chain (ZBSC) approach to facilitate Hero MotoCorp’s cost optimization efforts across its supply chain. It will also deploy a supply chain control tower, powered by data and analytics, to enable better supply chain and logistics planning.
Using artificial intelligence and machine learning capabilities, the digital supply chain platform will provide Hero MotoCorp’s business decision makers deeper visibility across the company’s operations.
Accenture will also help Hero MotoCorp train its workforce and build the right capabilities across supply chain planning and logistics functions as well as in data and analytics.
“The need for resilient supply chains has never been more important,” underlined Manish Chandra, Accenture’s supply chain & operations lead in India.
“Our program will provide Hero MotoCorp with improved visibility across its supply chain, enabling the company to better meet its customer requirements and quickly respond to ongoing disruption while significantly optimizing supply chain costs.”
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Its workforce of 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries.
New Delhi-headquartered Hero MotoCorp currently sells its products in more than 43 countries across Asia, Africa, Middle East, and South and Central America. fiinews.com
